CELEX: 31979R2087
Language: en
Date: 1979-09-27
Title: Commission Regulation (EEC) No 2087/79 of 26 September 1979 fixing the world market price for colza and rape seed

No L 244/ 26                               Official Journal of the European Communities                             27 . 9 . 79
                                     COMMISSION REGULATION (EEC) No 2087/79
                                                        of 26 September 1979
                                 fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                        seeds (7), as last amended by Regulation (EEC) No
COMMUNITIES,                                                          2086/79 (8) ;
Having regard to the Treaty establishing the European                 Whereas, if the price system is to operate normally,
Economic Community,                                                   the world market price should be calculated on the
                                                                      following basis :
Having regard to Council Regulation No 136/66/ EEC
of 22 September 1966 on the establishment of a                        — in the case of currencies which are maintained in
common organization of the markets in oils and                             relation to each other at any given moment within
fats ('), as last amended by Regulation (EEC) No                           a band of 2-25 % , a rate of exchange based on
590 /79 (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 indent ;
Having regard to Commission Regulation (EEC) No                       Whereas it follows from applying these provisions
2300/73 of 23 August 1973 laying down detailed                        that the world market price for colza and rape seed
rules for applying differential amounts for colza and                 should be as set out in the Annex hereto,
rape seed and repealing Regulation ( EEC) No
 1464/73 (5), as last amended by Regulation ( EEC) No
 1 234/77 (6), and in particular Article 9(4) thereof,                HAS ADOPTED THIS REGULATION :
Having regard to the opinion of the Monetary
Committee ,                                                                                     Article 1
Whereas, pursuant to Article 9 (4) of Regulation (EEC)                The world market price referred to in Article 9 (4) of
No 2300 /73 , the Commission must determine the                       Regulation (EEC) No 2300/73 shall be as set out in
                                                                      the Annex hereto .
world market price for colza and rape seed ;
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 1400/79                     This Regulation shall enter into force on               27
of 5 July 1979 fixing the amount of the subsidy on oil                September 1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 26 September 1979 .
                                                                                  For the Commission
                                                                                   Finn GUNDELACH
                                                                                      Vice-President
 (')  OJ No  172, 30 . 9 . 1966, p . 3025/66 .
 (2 ) OJ No  L 78 , 30 . 3 . 1979 , p. 1 .
 (3)  OJ No  L 167, 25 . 7 . 1972, p. 9 .
 (4 ) OJ No  L 116, 28 . 4. 1978 , p . 6 .
 (5 ) OJ No  L 236, 24. 8 . 1973 , p . 28 .                            (7) OJ No L 168 , 6. 7. 1979, p. 10.
 (b)  OJ No  L 143 , 10 . 6 . 1977, p. 9 .                             (8) See page 24 of this Official Journal .
 ---pagebreak--- 27 . 9 . 79                                    Official Journal of the European Communities                                                      No L 244/27
                                                                           ANNEX
                   to the Commission Regulation of 26 September 1979 fixing the world market price for
                                                                   colza and rape seed
                                                                                                                                           (ECU / 100 ke)(')
                CCT
              heading                                   Description                                                    World market price
                 No
         ex 12.01          Colza and rape seed                                                                               22.914
                                                                                                                                           (ECU / 100 kg)(>)
                                                                                               World market price where the subsidy
                CCT                                                                             is fixed in advance for the month of
              heading                       Description
                 No
                                                                          September      October        November     December      January      February
                                                                             1979         1979            1979          1979         1980          1980
         ex 12.01          Colza and rape seed                             22.914       22.914          22.914        22-914      23.164        23.164
        (') 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              2.48557
            1 ECU = Fl              2.74748
            1 ECU - Bfr/Lfr        39.8456
            1 ECU = FF              5.85522
            1  ECU   = Dkr          7.36594
            1  ECU   = I £          0.669142
            1  ECU   = £            0.627762
            1  ECU   = Lit      1 109.08