CELEX: 31979R0045
Language: en
Date: 1979-01-11 00:00:00
Title: Commission Regulation (EEC) No 45/79 of 10 January 1979 fixing the world market price for colza and rape seed

11 . 1 . 79                             Official Journal of the European Communities                           No L 7/ 15
                                     COMMISSION REGULATION (EEC) No 45/79
                                                       of 10 January 1979
                                fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      subsidy on oil seeds (7), as last amended by Regulation
COMMUNITIES,                                                        (EEC) No 44/79 (») ;
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 136/66/EEC                   — in the case of currencies which are maintained in
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 within
fats ( 1), as last amended by Regulation (EEC) No                        a band of 2-25 % , a rate of exchange based on
 1 562/78 (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 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
 1 464/73 (5), as last amended by Regulation (EEC) No               HAS ADOPTED THIS REGULATION :
 1 234/77 (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 3048/78                   This Regulation shall enter into force on 1 1 January
of 22 December 1978 fixing the amount of the                        1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 10 January 1979 .
                                                                               For the Commission
                                                                                Finn GUNDELACH
                                                                                   Vice-President
(') OJ No 172, 30 . 9 . 1966, p . 3025/66.
(>) OJ No L 185 , 7 . 7 . 1978 , p. 1 .
(>) 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 361 , 23 . 12. 1978 , f p. 18 .
(6 OJ No L 143 , 10 . 6. 1977, p. 9 .                               (8) See page 13 of this Official 'journal .
 ---pagebreak--- No L 7/ 16                                Official Journal of the European Communities                                                               11 . 1 . 79
                                                                        ANNEX
           World market price applicable from 11 January 1979 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                    tutJ100 *!>(')
           World       market price                                                                                                    17-375
           World       market price where the subsidy is fixed in advance :
           — for       the month of January 1979                                                                                       17-375
           — for       the month of February 1979                                                                                      17-375
           — for the month of March 1979                                                                                               17-375
           — for the month of April 1979                                                                                               16-792
           — for the month of May 1979                                                                                                 16-792
           — for the month of June 1979                                                                                                16-747
           (') The conversion rates from units of account into national currency as foreseen by Article V ( 5) (a) of Regulation ( EEC) No 2300 / 73
               are the following :
               1 u.a .  = DM           30.5524
               1 u.a .  = Fl           3-28928
               1 u.a .  = Bfr/ Lfr    47-7031
               1 u.a .  = FF           6-97496
               1 u.a .  = Dkr          8-56656
               1 u.a .  = £'           0-814604
               1 u.a .  = I t          0-814604
               1 u.a .  - Lit      1 375-42