CELEX: 31977R1403
Language: en
Date: 1977-06-29 00:00:00
Title: Commission Regulation (EEC) No 1403/77 of 28 June 1977 introducing a countervailing charge on peaches originating in Greece

No L 158 /40                            Official Journal of the European Communities                                29 . 6. 77
                                     COMMISSION REGULATION (EEC) No 1403/77
                                                          of 28 June 1977
                     introducing a countervailing charge on peaches originating in Greece
 THE COMMISSION OF THE EUROPEAN                                      Whereas, in accordance with Article 3 ( 1 ) of Regula­
 COMMUNITIES,                                                        tion (EEC) No 21 18 /74 (4), as last amended by Regula­
                                                                     tion (EEC) No 385/75 (5), the prices to be taken into
 Having regard to the Treaty establishing the European               consideration must be recorded on the representative
 Economic Community,                                                 markets     or,  in   certain    circumstances, on    other
 Having regard to Council Regulation (EEC) No                        markets ;
  1035/72 of 18 May 1972 on the common organization
 of the market in fruit ' and vegetables ('), as last                Whereas, for Greek peaches, the entry price calculated
 amended by Regulation (EEC) No 1 034/77 (2), and in                 in this way has remained at least 0-50 unit of account
 particular the second subparagraph of Article 27 (2)                below the reference price for two consecutive market
 thereof,                                                            days ; whereas a countervailing charge should there­
                                                                     fore be introduced for these peaches ;
 Whereas Article 25 ( 1 ) of Regulation (EEC) No
 1035/72 provides that, if the entry price of a product              Whereas if the system is to operate normally the entry
 imported from a third country remains at least 0-50                 price should be calculated on the following basis :
 unit of account below the reference price for two                  — in the case of currencies which are maintained in
 consecutive market days, a countervailing charge must                    relation to each other, at any given moment,
 be introduced in respect of the exporting country                        within a band of 2-25 % , a rate of exchange based
 concerned, save in exceptional circumstances ;                           on their effective parity ;
 whereas this charge is equal to the difference between             — for other currencies, an exchange rate based on the
 the reference price , and the arithmetic mean of the                     arithmetic mean of the spot market rates of each
 last two entry prices available for that exporting                       of these currencies recorded for a given period, in
 country ;                                                                relation to the Community currencies referred to
Whereas Commission Regulation (EEC) No 1214HJ                             in the previous subparagraph,
of 7 June 1977 fixing the reference price for peaches
 for the 1977 marketing year (3), fixed the reference
                                                                     HAS ADOPTED THIS REGULATION :
 price for products of Class I at 38-17 units of account
 per 100 kilograms net for the period 21 to 30 June
 1977 ;                                                                                         Article 1
Whereas the entry price for a given exporting country               A countervailing charge of 1-19 units of account per
 is equal to the lowest representative prices recorded               100 kilograms net is applied to peaches (subheading
 for at least 30 % of the quantities from the exporting             08.07 B of the Common Customs Tariff) originating
 country concerned which are marketed on all repre­                 in Greece .
sentative markets for which prices are available, less
 the duties, and the charges indicated in Article 24 (3)                                        Article 2
of Regulation (EEC) No 1035/72 ; whereas the
 meaning of representative price is defined in Article              This Regulation shall enter into force on 30 June
 24 (2) of Regulation (EEC) No 1035/72 ;                             1977 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 28 June 1977.
                                                                                For the Commission
                                                                                 Finn GUNDELACH
                                                                                    Vice-President
(') OJ No L 1 18 , 20 . 5 . 1972, p . 1 .
(-) OJ No L 125 , 19 . 5 . 1977 , p . 1 .                           (4 ) OJ No L 220 , 10 . 8 . 1974, p . 20 .
(J) OJ No L MO,' 8 . 6. 1977, p . 13 .                               5 ) OJ No L 44, 18 . 2 . 1975, p . 8 .