CELEX: 51976PC0239
Language: en
Date: 1976-05-19
Title: PROPOSAL FOR A COUNCIL REGULATION (EEC) amending Regulation (EEC) No 557/76 on the exchange rates to be applied in agriculture and repealing Regulation (EEC) No 475/75 (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (76) 239
Vol. 1976/0080
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COMMISSION OF THE EUROPEAN COMMUNITIES
                                                     \              l
                                                         COM(76)239 final
                                                         Brussels . 19 May 1976
                      PROPOSAL POR A COUNCIL REGULATION ( EEC )
                               i
            amending Regulation (SEC ) No 557/ 76 on the exchange rates
            to "be applied in agriculture and repealing Regulation' (EEC )
             No 475/75                  I
                                                                / ,
             ( submitted to the Council "by the Commission)
C0M(76 ) 239 final
 ---pagebreak---                  EXPLANATORY MEMORANDUM                t
Council Regulation (EEC ) NO 557/ 76 of 15 March 1976 on the exchange
rates to he applied in agriculture and repealing Regulation (EEC )
No 475/75 » as last amended hy Regulation (EEC ) No 1020/76 ,
 extended to alterations to the green rates the provisions of Council
Regulation (EEC ) NO 11 34/68 of 30 July 1968 laying down rules for the
implementation of Regulation (EEC ) NO 653/68 on' conditions for alterations
to the value of the unit of account used for the common agricultural
polioy . This Regulation provides , inter alia , for the right to obtain
cancellation of certificates and documents indicating amounts which
have "been fixed in advance . However , it was specified in Regulation
 (EEC ) NO 557/76 that the exercise of that right was justified only if
the fixing of the new representative rates was di sadvantageous for the
party concerned .               j
In respect of products for which there are monetary compensatory amounts ,
changes in the green rate can be disadvantageous only with regard to those
compensatory amounts ; since refunds and levies remain unchanged in
national currency , owing to the coefficient applied to them , only the
compensatory amount to be granted , which in future will be lower , may be
disadvantageous for an operator . He is then authorized to cancel his
certificate (Article l(l ) of Regulation (EEC ) No 571/76 )
The party concerned may , however , request cancellation , not because of
the abovementioned disadvantage , but in order to receive , for example ,
a refund fixed in the interim at a more attractive level .    It is obvious
that if the right to cancel is exercised on a large scale , it may , in such
cases , seriously hinder the proper administration by the Community of a
particular agricultural market . In these circumstances , it is desirable to
lay down that the right may be replaced by another , in particular by the
right to compensatory for the loss suffered .
From the financial noint of view ,   this proposal is not likely to increase
significantly expenditure under the Guarantee Section of the EAGGP .    In
fact it is intended to avoid certain drawbacks which could result from the
application of the general rule contained in Article 4 of Regulation (EEC )
No 1134/68 and in Article 5(2 ) of Regulation (EEC) NO 557/76 - and which
could lead to a much more important increase in the total expenditure for
a given operation .
 ---pagebreak---             PiìOPOSAL POR A COUNCIL REGULATION (EiSC )
            amending Regulation (EEC ) No 557/76 on the exchange
            rates to be applied in agriculture and repealing
            Regulation (EEC ) No 475/75
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,       '                '          '
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation Mb 129 on the ! value of the unit of'
account and the exchange rates to be applied for the purposes of the
common agricultural policy^, as last amended by Regulation (EEC) Wo'
         (
2543/ 73     , and in particular Article 3 thereof,
                                                                                               VI
                                                                   '                            V!
                                                            "        ■   '<         '    •"      I
Having regard to the proposal from the Commission ,
Whereas Council Regulation (EEC ) No 557/76 of 15 March 191 6 on the                            >]
                                            I                                 ' , '             '•
exciiange rates to be applied in agricultjure and repealing Rogulation                      ' i
(EEC) NO 475/75         as last amended by Regulation (EEC) No 1020/76^,                        i
extended to the cases provided for in the said Regulation (TCRC)No 557 /76                      r
 certain provisions of Council
Regulation (ESC ) NO 1134/63 of 30 July I960 laying down rules for the .              , ' ^ ?
 implementation of Regulation (EEC) No 653/68 on conditions for alterations to.-                 ■*
 the value of the unit of account used for the common agricultural policy           ;             |Ï
 v/hereas , however , as regards the right to cancel documents or                            . j1 »
 certificates which refer to amount which have been the sub.ieot at an advance fixing,;
 it was provided that the exercise of such a right would be justified only if the                  ]
 persons concerned were placed -at a disadvantage as a result of the fixing of                   ,,
  the new représentative rates •
  Whereas, if this right were widely exercised, it oould in certain cases
  seriously impede good
  Community management of a given agricultural market ; wnereas provision should
  therefore be made for it to be replaced by the right to compensation, for the
  disadvantage suffered ,          '
  IIAS ADOPTE!) TilIS REGULATION: ' '                                  '               !
  ( 1 ) 0J No 106 , 30.10.1962 , p. 2553/62
  (2)   0J  No L 263 , 19.9.1073 , P. 1
  ( 3)  0J  No L 67 , 15.3.1976 , p. 1
  (4)   0J  No L 115 , I.5.I97Ó , p . 66
  (5 )  0J  No L 183 , 1.8.1968 , > p . 1
 ---pagebreak---                                    Article' 1
The following subparagraph is hereby added to Artiole 5( 2J of Reflation
(EEC ) No 557/76 :
"Provision may be made for this disadvantage to be compensate for by other suitable
measures . In such a case , the provisions referred to in the first subparagraph
shall not apply".
                                   Article 2
This Regulation shall enter into force on the day of its publication in the
Official Journal of the European Communities .      '                   '
This Regulation shall be binding in its entirety and directly applicable
in all Member States .
                                       1
                                     'I                             . . • , •    ^
Done at Brussels .                                    . For the Council .