CELEX: 31977R0417
Language: fr
Date: 1977-03-01 00:00:00
Title: Règlement (CEE) n 417/77 de la Commission, du 28 février 1977, fixant le prix du marché mondial pour les graines de colza et de navette

No L 56/ 42                                 Official Journal of the European Communities                                1 . 3 . 77
                                         COMMISSION REGULATION ( EEC) No 417/77
                                                          of 28 February 1977
                               determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                           oil seeds (7), as last amended by Regulation ( EEC) No
 COMMUNITIES,                                                            416/77 (8);
 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/
                                                                        — in the case of currencies which are maintained in
66/ EEC 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,
fats ('), as last amended by Regulation ( EEC) No                            within a band of 2-25 % , a rate of exchange based
 1 707/73 (2),                                                               on 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 3477/73 (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
                                                                        H AS ADOPTED THIS REGULATION :
632/ 7.5 (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 1713/76                      This Regulation shall enter into force on 1 March
of 15 July 1976 fixing the amount of the subsidy on                      1977 .
                This Regulation shall be binding in its entirety and directly applicable in all .Member
                States .
                Done at Brussels , 28 February 1 977 .
                                                                                   For the Commission
                                                                                    Finn GUNDELACH
                                                                                        Vice-President
')  OJ  No   172 , 30 . 9 . 1966 , p . 3025/66 .
2)  OJ   No  L 175 , 29 . 6 . 1973 , p . 5 .
>)  OJ  No   L 167 , 25 . 7 . 1972 , p . 9 .
*)  OJ  No   L 357, 2 «. 12 . 1973 , p . 6 .
s)  OJ  No   L 236 , 24 . S. 1973 , p . 28 .                           ( 7) OJ No L 192 , 16 . 7 . 1976, p . 17 .
b)  OJ  No   L 66 , 13 . 3 . 1975 , p . II .                           (s) Sec page 40 of this Official Journal .
 ---pagebreak--- 1 . 3 . 77                                  Official Journal of the European Communities                                                             No L 56/43
                                                                        ANNEX
           World market price applicable from 1 March 1977 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                   u.a. / 100 k »(>)
           World market price                                                                                                        24.526
           World market price where the subsidy is fixed in advance :
           — for the month of March 1977                                                                                             24.526
           —     for    the month     of   April 1977                                                                                 23.674
           —     for    the month     of   May 1977                                                                                  23.674
           —     for    the month     of   June 1977                                                                                 23.749
           —     for    the month     of   July 1977                                                                                 23.749
           —     for    the month     of   August 1977                                                                               23.749
           (') The conversion rates from units of account into national currency as foreseen by Article 9 (5) (a) of Regulation ( EEC) No 2300/ 73
               are the following :
                I u.a . =   DM            3.15665
               I  u.a .  =  FI            3.35507
               I u.a . =    Bfr/ Lfr     48.6572
               1 u.a . =    FF            6.63174
               1 u.a . =    Dkr           7.89407
               1  u.a . =      £          0.775723
               I  u.a .  =  I t           0.775723
               I  u.a . =   Lit      I 1 68 98