CELEX: 31979R2862
Language: en
Date: 1979-12-19 00:00:00
Title: Commission Regulation (EEC) No 2862/79 of 18 December 1979 fixing the world market price for colza and rape seed

19 . 12. 79                             Official Journal of the European Communities                        No L 323/ 17
                                     COMMISSION REGULATION (EEC) No 2862/79
                                                      of 18 December 1979
                                 fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                     on oil seeds (7), as last amended by Regulation (EEC)
COMMUNITIES,                                                       No 2861 /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
 1 464/73 (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
world market price for colza and rape seed ;                       the Annex hereto.
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 2415/79                  This Regulation shall enter into force on            19
of 31 October 1979 fixing the amount of the subsidy                December 1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 18 December 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 .
P)   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 .                          O OJ No L 275, 1 . 11 . 1979, p. 43.
(*)  OJ   No L 143, 10. 6 . 1977, p. 9 .                           (8) See page 15 of this Official Journal.
 ---pagebreak--- No L 323/ 18                                Official Journal of the European Communities                                                           19 . 12 . 79
                                                                         ANNEX
                to the Commission Regulation of 18 December 1979 fixing the world market price for
                                                                colza and rape seed
                                                                                                                                        (ECU / 100 kg)(')
             CCT
           heading                                   Description                                                    World market price
              No
     ex 1 2.0 1         Colza and rape seed                                                                               20.541
                                                                                                                                        (ECU / 100 kg) (i)
                                                                                            World market price where the subsidy
            CCT                                                                              is fixed in advance for the month of
           heading                       Description
             No                                                        December       January        February       March         April         May
                                                                          1979          1980           1980          1980         1980          1980
     ex 12.01           Colza and rape seed                             20.541       20-716          20.716        21.066      21-066        21-417
     (') 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              2.48208
         1 ECU - F1              2.74362
         1 ECU = Bfr/ Lfr       39.7897
         1  ECU   - FF           5.84700
         1  ECU   - Dkr          7.72336
         1  ECU   - I £          0.668201
         1  ECU   = £            0.649519
         1 ECU = Lit         1 158 77