CELEX: 31979R2012
Language: en
Date: 1979-09-14 00:00:00
Title: Commission Regulation (EEC) No 2012/79 of 13 September 1979 fixing the world market price for colza and rape seed

14. 9 . 79                              Official Journal of the European Communities                        No L 232/ 17
                                     COMMISSION REGULATION (EEC) No 2012/79
                                                     of 13 September 1979
                                  fixing the world market price for colza and rape seed
 THE COMMISSION OF THE EUROPEAN                                     seeds (7), as last amended by Regulation (EEC) No
 COMMUNITIES,                                                       2011 /79 (8);
 Having regard to the Treaty establishing the European             Whereas, if the price system is to operate normally,
 Economic Community,                                                the world market price should be calculated on the
                                                                    following basis :
 Having regard to Council Regulation No 136/66/EEC
 of 22 September 1966 on the establishment of a                    — in the case of currencies which are maintained in
 common organization of the markets in oils and                         relation to each other at any given moment within
 fats (x), as last amended by Regulation (EEC) No                       a band of 2-25 % , a rate of exchange based on
 590/79 (2),                                                            their effective parity ;
                                                                   — for other currencies, an exchange rate based on the
 Having regard to Council Regulation (EEC) No                           arithmetic mean of the spot market rates of each
 1569/72 of 20 July 1972 laying down special                            of these currencies recorded for a given period in
 measures for colza and rape seed (3), as last amended                  relation to the Community currencies referred to
by Regulation (EEC) No 852/78 (4),                                      in the previous indent ;
 Having regard to Commission Regulation (EEC) No                   Whereas it follows from applying these provisions
 2300/73 of 23 August 1973 laying down detailed                    that the world market price for colza and rape seed
 rules for applying differential amounts for colza and             should be as set out in the Annex hereto,
 rape seed and repealing Regulation (EEC) No
 1464/73 (5), as last amended by Regulation (EEC) No
 1 234/77 (6), and in particular Article 9 (4) thereof,            HAS ADOPTED THIS REGULATION :
 Having regard to the opinion of the Monetary
Committee,                                                                                  Article 1
Whereas, pursuant to Article 9 (4) of Regulation (EEC)             The world market price referred to in Article 9 (4) of
 No 2300/73, the Commission must determine the                     Regulation (EEC) No 2300/73 shall be as set out in
                                                                   the Annex hereto.
world market price for colza and rape seed ;
Whereas the world market price should be deter­                                              Article 2
 mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 1400/79                  This Regulation shall enter into force on            14
of 5 July 1979 fixing the amount of the subsidy on oil             September 1979.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 13 September 1979.
                                                                              For the Commission
                                                                               Finn GUNDELACH
                                                                                  Vice-President
(») OJ    No 172, 30. 9 . 1966, p. 3025/66.
(2) OJ    No L 78, 30 . 3 . 1979, p. 1 .
(3) OJ    No L 167, 25. 7. 1972, p. 9.
(4) OJ    No L 116, 28 . 4. 1978, p. 6.
H   OJ    No L 236, 24. 8 . 1973, p. 28 .                          (7) OJ No L 168, 6. 7. 1979, p. 10.
(6) OJ    No L 143, 10 . 6. 1977, p. 9 .                           (8) See page 15 of this Official Journal.
 ---pagebreak--- No L 232/ 18                                Official Journal of the European Communities                                                             14. 9 . 79
                                                                        ANNEX
                to the Commission Regulation of 13 September 1979 fixing the world market price for
                                                                colza and rape seed
                                                                                                                                        (ECU / 100 kg)(<)
             CCT
           heading                                   Description                                                    World market price
              No
     ex 12.01            Colza and rape seed                                                                              23.475
                                                                                                                                        (ECU / 100 kg) (>)
                                                                                            World market price where the subsidy
             CCT                                                                             is fixed in advance for the month of
           heading                       Description
              No                                                                                     November
                                                                       September      October                     December      January      February
                                                                          1979         1979            1979          1979         1980          1980
     ex 12.01            Colza and rape seed                            23.475       23-475          23-512       23.512       23.695        23.695
     (') The conversion rates from ECU into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73 are the following :
         1  ECU   - DM           2.51064
         1  ECU   = Fl           2.72077
         1  ECU   = Bfr/ Lfr    39.4582
         1  ECU   - FF           5.79831
         1  ECU   - Dkr          7.08592
         1  ECU   = I £          0.662638
         1  ECU   - £            0.608839
         1  ECU   = Lit      1 109.08