CELEX: 31976R2177
Language: en
Date: 1976-09-04
Title: Commission Regulation (EEC) No 2177/76 of 3 September 1976 determining the world market price for colza and rape seed

No L 243/ 12                            Official Journal of the European Communities                              4. 9. 76
                                    COMMISSION REGULATION (EEC) No 2177/76
                                                      of 3 September 1976
                             determining the world market price for colza and rape seed
 THE COMMISSION OF THE EUROPEAN                                     oil seeds (7), as last amended by Regulation (EEC) No
 COMMUNITIES,                                                       2176/76 (8);
 Having regard to the Treaty establishing the European              Whereas to enable the price system to operate
 Economic Community,                                                normally, the world market price should be calculated
                                                                    on the following basis :
 Having regard to Council Regulation No 136/
                                                                    — in the case of currencies which are maintained in
 66/EEC of 22 September 1966 on the establishment
 of a common organization of the markets in oils and                    relation to each other, at any given moment,
 fats ('), as last amended by Regulation (EEC) No                       within a band of 2-25 % , a rate of exchange based
 1707/73 (2),                                                           on 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 3477/73 (4),                                    in the previous subparagraph ;
 Having regard to Commission Regulation (EEC) No                    Whereas, applying all these provisions, the world
 2300/73 of 23 August 1973 laying down detailed                     market price for colza and rape seed should be fixed
 rules for applying differential amounts for colza and              as shown in the table annexed to this Regulation,
 rape seed and repealing Regulation (EEC) No
 1464/73 (5), as last amended by Regulation (EEC) No                HAS ADOPTED THIS REGULATION :
 632/75 (6), and in particular Article 9 (4) thereof,
 Having regard to the opinion of the Monetary                                                Article 1
 Committee,
                                                                    The world market price referred to in Article 9 (4) of
 Whereas, pursuant to Article 9 (4) of Regulation (EEC)             Regulation (EEC) No 2300/73 and the rates to be used
 No 2300/73, the Commission must determine the                      for converting them into national currencies shall be
 world market price for colza and rape seed ;                       as shown in the table annexed to this Regulation.
 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 1713/76                  This Regulation shall enter into force on 6 September
 of 15 July 1976 fixing the amount of the subsidy on                1976.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 3 September 1976.
                                                                              For the Commission
                                                                                P.J. LARDINOIS
                                                                          Member of the Commission
(') OJ    No 172, 30. 9. 1966, p. 3025/66.
(2) OJ    No L 175, 29. 6. 1973, p. 5.
(') OJ    No L 167, 25. 7. 1972, p. 9.
(") OJ    No L 357, 28 . 12. 1973, p. 6.
(5) OJ    No L 236, 24. 8 . 1973, p. 28 .                          (7) OJ No L 192, 16. 7. 1976, p. 17.
(*) OJ   No  L 66, 13. 3 . 1975, p. 11 .                           (») See page 10 of this Official Journal.
 ---pagebreak--- 4. 9. 76                                 Official Journal of the European Communities                                                           No L 243/ 13
                                                                      ANNEX
         World market price applicable from 6 September 1976 for colza and rape seed (CCT
                                                            heading No ex 12.01)
                                                                                                                                u.a./100 kg (')
         World market price                                                                                                        19-496
         World market price where the subsidy is fixed in advance :
         — for the month of September 1976                                                                                         19-496
         — for the month of October 1976                                                                                           19-496
         — for the month of November 1976                                                                                          19-815
         — for the month of December 1976                                                                                          19-975
         — for the month of January 1977                                                                                          20-374
         — for the month of February 1977                                                                                         20-534
         (') The conversion rates from units of account into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73
             are the following :
             1 u.a . —   DM           3-21978
             1 u.a . ■*  Fl           3-35507
             1 u.a. —    Bfr/ Lfr    48-6572
             t u.a . —   FF           6-25704
             1 u.a . —   Dkr          7-57828
             1 u.a. —      £          0-707209
             1 u.a . —   I£           0-707209
             1 u.a. —    Lit       1 060-76