CELEX: 31979R2704
Language: en
Date: 1979-12-01 00:00:00
Title: Commission Regulation (EEC) No 2704/79 of 30 November 1979 fixing the world market price for colza and rape seed

1 . 12. 79                            Official Journal of the European Communities                        No L 305/79
                                  COMMISSION REGULATION (EEC) No 2704/79
                                                    of 30 November 1979
                               fixing the world market price for colza and rape seed
 THE COMMISSION OF THE EUROPEAN                                  on oil seeds (7), as last amended by Regulation (EEC)
 COMMUNITIES,                                                    No 2684/79 («) ;
 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 (J), 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 rules            that the world market price for colza and rape seed
 for applying differential amounts for colza and rape            should be as set out in the Annex hereto,
 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 2415/79                This Regulation shall enter into force on 3 December
of 31 October 1979 fixing the amount of the subsidy               1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
                Done at Brussels, 30 November 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.
(»)  OJ   No L 236, 24. 8. 1973, p. 28 .                         (7) OJ No L 275, 1 . 11 . 1979, p. 43.
(<)  OJ   No L 143, 10. 6. 1977, p. 9.                           (8) See page 47 of this Official Journal.
 ---pagebreak---                                  V
No L 305/80                                 Official Journal of the European Communities                                                            1 . 12. 79
                                                                        ANNEX
                to the Commission Regulation of 30 November 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                                                                              21-665
                                                                                                                                       (ECU / 100 kg ) (1)
                                                                                            World market price where the subsidy
            CCT                                                                              is fixed in advance for the month of
           heading                       Description
             No                                                        December       January        February       March        April         May
                                                                         1979           1980           1980          1980         1980         1980
     ex 12.01            Colza and rape seed                           21.665        21.665          21.665        21-665      22.586       22-586
     (') 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           2.48557
         1  ECU   - F1           2.74748
         1  ECU   - Bfr/ Lfr    39.8456
         1  ECU   - FF           5.85522
         1  ECU   - Dkr          7.36594
         1  ECU   - I £          0.669141
         1  ECU   - £            0.649519
         1  ECU   - Lit      1 158.77