CELEX: 51981PC0291
Language: en
Date: 1981-06-02
Title: Proposal for a COUNCIL REGULATION (EEC) amending Regulation (EEC) No 316/77 concerning the application of an anti-dumping duty on chains for cycles and motorcycles originating in Taiwan (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
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DOCUMENTS "COM"
COM (81) 291
Vol. 1981/0094
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                COM(81)291 final
                                                Brussels . 2 June 1981
                                  Proposal for a
                            COUNCIL REGULATION ( EEC )
         amending Regulation ( EEC ) No 316 / 77 concerning the application
         of an anti-dumping duty on chains for cycles and motorcycles
                    v         originating in Taiwan
                 ( submitted to the Council by the Commission )
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 ---pagebreak---                   . EXPLANATORY . MEMORANDUM
                                        ™–-                                j-   •
By Regulation ( EEC ) No 316 / 77 the Council imposed a definitive anti-dumping
duty on chains for cycles and motorcycles originating in Taiwan *
This duty applied to imports of articulated link roller chains for cycles
and motorcycles - falling within Nimexe code 73*29-11 *
             /                       ,
The amount of the duty cor responds to the difference between 1*39 European .
units of account and the yalue declared, per kilogram net *      The conversion
of the European unit of'account to national currencies is in accordance
with the rates mentioned in this Regulation*' By Council Regulation ( EEC )
No 2571 / 77 the Council updated the rates of conversion of the European
unit of account *
The Greek -drachma was not- mentioned i.n the original or the amending
regulation but should now be added, given that Greece has been a full
member of the Community since January 1981 «     It also seems appropriate to
take advantage of this amendment by updat'ing the various conversion rates *
 ---pagebreak---                           %
                                                 COUNCIL REGULATION ( EEC)
                     t
                              amending RcBu!atlen ( EEC) N©                tenccrnlng the application of »f» anti-
                               dumping duty on chains, for cycles and motorcycles, originating in Taiwan
               THE COUNCIL OF THE EUROPEAN
                COMMUNITIES.                                                                    -
                Having regard to the Treaty establishing the European                                           _
                Economic Community, and in particular Article 113
                thereof,                   ■
                Having regard to Council Regulation (EEC) No
3017 /79      Of 20 December 1979 'on protection against
           dumped or subsidized import's from
                countries              not members , of the European                                            ,
                 Economic Community C1 ).
    '                                        and in particular Article *\L                            -  *
                 thereof,
i                Having regard to the proposal from the Commission,
                 Whereas a definitive anti-dumping duty on chains, for
                 cycles and motor cycles, originating in Taiwan was
                  imposed by Council Regulation ( EEC ) No 316 / 77 ( 2 );
                  Whereas the amount of that duty corresponded tO
         the      dillcrcnctf between   the   declared  value   of   these
                  products and 1\W European units of account
                  converted into national currencies in act.ord.ince with
              ' the rates established in Regulation .( EEC) No 3I6/7P ;
           Whereas the conversion rates of the European unit of account and the various
           national currencies as they appear in the said Regulation were amended by Council
           Regulation ( EEC ) No 2571 / 77 ( 3 ) to take account of monetary fluctuations ;                        whereas
           these conversion rates have again changed because of further monetary
           fluctuations and Regulation ( EEC ) No 316 /77 should therefore be amended
           accordingly ;
            Whereas the conversion rate of the European unit of account and the Greek
            drachma was not covered by Regulation ( EEC) No 316 /77 , as amended ; whereas*
            Greece is now a member of the European Economic Community and Regulation .
            ( EEC )      No 316 / 77 should therefore be amended to take account of the
            drachma / European unit of account conversion rate ,
            ( 1 ) OJ No L 339 , 31.12.1979 , p. 1
            ( 2 ) OJ No L 45 , 17.02.1977 , p. 4
             ( 3 ) OJ no L 300 , 24.11.1977 , p. 2
 ---pagebreak--- HAS ADOPTED THIS REGULATION
                        Article I
The rates of conversion into nation.il currencies set
out in Article 1 of Regulation (F.LQ No 31(777 are
hereby replaced by the following :
 Belgian and Luxembourg francs :        41 ,,,5751
                                        41     5751
Gernunmark :                             22,53579
                                          2,53579
                                             ,
 Dwu h gtnUlcr :                          2 ,, 81 1 96
 I 'omu ! Nk- rlme :                      0 , 540172
 Danish krone :                           7,98189
 FreiK h Ir.inc :                         5,98430
  Italian lira :                     1263,67 .
  Irish pound :                           0,695307
Greek drachma :                         61,9753
United States dollar :                    1,20810
                                                                             Artule  2
                                                     This Regulation shall enter into force on the I Oth
                                                      following its publication in the Olfiti.il Jtn.in .:
                                                      the liitropitin Oimtnuiiilio.
     This Regulation shall be binding in its entirety and directly applicable in all Member
     States .
                                  -                                »
      Done at Brussels,      *                          ■                                 *
                                                                    For the Council