CELEX: 31979R0981
Language: en
Date: 1979-05-18 00:00:00
Title: Commission Regulation (EEC) No 981/79 of 17 May 1979 fixing the world market price for colza and rape seed

18 . 5 . 79                             Official Journal of the European Communities                       No L 122/29
                                    COMMISSION REGULATION (EEC) No 981 /79
                                                        of 17 May 1979
                               fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                    Whereas, if the price system is to operate normally,
COMMUNITIES,                                                      the world market price should be calculated on the
                                                                  following basis :
Having regard to the Treaty establishing the European
Economic Community,                                               — in the case of currencies which are maintained in
                                                                      relation to each other at any given moment within
Having regard to Council Regulation No 136/66/EEC                     a band of 2-25 % , a rate of exchange based on
of 22 September 1966 on the establishment of a                        their effective parity ;
common organization of the markets in oils and                    — for other currencies, an exchange rate based on the
fats (!), as last amended by Regulation (EEC) No                      arithmetic mean of the spot market rates of each
590/79 (2),
                                                                      of these currencies recorded for a given period in
Having regard to Council Regulation (EEC) No                          relation to the Community currencies referred to
1569/72 of 20 July 1972 laying down special                           in the previous indent ;
measures for colza and rape seed (3), as last amended
                                                                  Whereas Council Regulation (EEC) No 652/79 of 29
by Regulation (EEC) No 852/78 (4),                                March 1979 (9) laid down the coefficient for
Having regard to Commission Regulation (EEC) No                   expressing amounts, fixed in units of account, in
2300/73 of 23 August 1973 laying down detailed                    ECU ;
rules for applying differential amounts for colza and             Whereas it follows from applying these provisions
rape seed and repealing Regulation (EEC) No                       that the world market price for colza and rape seed
1464/73 (5), as last amended by Regulation (EEC) No               should be as set out in the Annex hereto,
1 234/77 (6), and in particular Article 9 (4) thereof,
Having regard to the opinion of the Monetary                      HAS ADOPTED THIS REGULATION :
Committee,
Whereas, pursuant to Article 9 (4) of Regulation (EEC)                                     Article 1
No 2300/73, the Commission must determine the
world market price for colza and rape seed ;                      The world market price referred to in Article 9 (4) of
                                                                  Regulation (EEC) No 2300/73 shall be as set out in
Whereas the world market price should be deter­                   the Annex hereto .
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 3048/78                                          Article 2
of 22 December 1978 fixing the amount of the
subsidy on oil seeds (7), as last amended by Regulation           This Regulation shall enter into force on 18 May
(EEC) No 980/79 (8) ;                                              1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 17 May 1979 .
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
(') UJ No I / L, 3v. y. 1766, p. juzj/ ee.
(2) OJ   No L 78, 30. 3. 1979, p. 1 .
(J) OJ   No L 167, 25. 7. 1972, p. 9.
(<) OJ   No L 116, 28 . 4. 1978 , p. 6.
(5) OJ   No L 236, 24. 8 . 1973, p. 28 .
(6) OJ   No L 143, 10. 6. 1977, p. 9.
(7) OJ   No L 361 , 23. 12. 1978, p. 18 .
(8) See  page 27 of this Official Journal.                        (») OJ No L 84, 4. 4. 1979 , p. 1 .
 ---pagebreak--- No L 122/30                                Official Journal of the European Communities                                                             18 . 5. 79
                                                                        ANNEX
               to the Commission Regulation of 17 May 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                                                                                22-849
                                                                                                                                       (ECU / 100 kg) (')
                                                                                            World market price where the subsidy
            CCT                                                                              is fixed in advance for the month of
          heading                       Description
             No
                                                                         May          June              July        August     September     October
                                                                         1979          1979             1979         1979         1979         1979
    ex 12.01           Colza and rape seed                             22.849       22.849           22.698        22-924       22.924       22.924
    (') 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 51064
        1 ECU = Fl              2-72077
        1 ECU - Bfr/ Lfr       39.4582
        1  ECU   = FF           5.79831
        1  ECU   = Dkr          7.08592
        1  ECU     I £          0 662638
        !  ECU   = £            0.637515
        1  ECU   = Lit      1 118.21