CELEX: 31979R2123
Language: en
Date: 1979-09-29 00:00:00
Title: Commission Regulation (EEC) No 2123/79 of 28 September 1979 fixing the world market price for colza and rape seed

No L 246/42                          Official Journal of the European Communities                             29. 9. 79
                                COMMISSION REGULATION (EEC) No 2123/79
                                                 of 28 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,                                                    2122/79 (»);
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 ('), 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 (<),                                   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                                              Article 1
Committee ,
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 1 October
of 5 July 1979 fixing the amount of the subsidy on oil           1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 28 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.
 (5) 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 40 of this Official Journal.
 ---pagebreak--- 29 . 9 . 79                                     Official Journal of the European Communities                                                     No L 246/43
                                                                            ANNEX
                   to the Commission Regulation of 28 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                                                                                22.771
                                                                                                                                           (ECU/ 100 kg)(>)
                                                                                                World market price where the subsidy
               CCT                                                                               is fixed in advance for the month of
              heading                        Description
                No                                                          October                                     January
                                                                                         November        December                   February      March
                                                                             1979          1979            1979          1980         1980         1980
         ex 12.01          Colza and rape seed                             22.771        22-771          22.771        23.128       23.128       23.128
         (') 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 - Fl              2.74748
             1 ECU - Bfr/ Lfr       39.8456
             1 ECU - FF              5.85522
             1 ECU - Dkr             7.36594
             1 ECU - 1 £             0.669141
             1 ECU - £               0-648799
             1 ECU - Lit         1 109.08