CELEX: 51980PC0140
Language: en
Date: 1980-03-19
Title: PROPOSAL FOR A COUNCIL REGULATION amending Regulation (EEC) No 652/79 on the impact of the European monetary system on the common agricultural policy (submitted by the Commission to the Council)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (80) 140
Vol. 1980/0046
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 ---pagebreak---  COMMISSION OF THE EUROPEAN COMMUNITIES
                                                 COM(80)140     Final
                                                  Brussels , 19th . March 1980
                    PROPOSAL FOR A COUNCIL REGULATION
                                             .
           amending Regulation ( EEC ; No             on the impact.
                                 /        "
           of the European monetary system. onthe common
                                               »   ■> -O  .   :
                       agricultural policy *        ^
                                                     ^      J
                                            ■ ■ ■ ; y
               ( submitted by the Commission to" the Council )
COM ( SO ) 1^0 Final
 ---pagebreak---                        EXPLANATORY MMORITADUM
Application of the ECU in the CAP under existing Regulations is limited to
31 March 1930 .
The Commission has submitted to the Council , as part of agri-monetary
consolidation , a proposal for the definitive introduction of the ECU into the
CAP ( proposal 5151/&Q – COM (80 ) 43 final ). In view of the state of progress
of ongoing discussions , it will be difficult for the Council to take a
decision on this proposal on 26 + 27 March 1980 .                      .  -
For this reason , the Commission is proposing extending Regulation (EEC )
Wo 652/79 v/hich introduced the ECU into the CAP, until 30 June 1980 . -
 ---pagebreak---                             PROPOSAL
              COUNCIL REGULATION (EEC )
   '                                    ν
            > amending Regulation (EEC ) No 652/79 on "the
              impact of the European monetary system on the
              common agricultural policy
THE COUNCIL OP THE EUROPEAN COMMUNITIES ,
Having regard to the Treaty establishing the European Economic Community ,
ana in particular Articles 28 , 43 and 235 thereof ,
Having regard to Council Regulation No 129 on the value of the unit of
account and the exchange rates to "be applied for the purposes of the common
agricultural policy^ \ as last amended "by Regulation (EEC) No 2543/73^\
and in particular to Article 3 thereof ,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament ,
Vhereas Regulation (EEC ) No 652/79^\ as last amended "by Regulation (EEC)
No 1264/79^, introduced the European monetary system into the common
agricultural policy for a period ending 31 March I98O ;
Whereas the experience gained from the implementation of that Regulation
until 31 March 1980 is such that the Regulation may "be extended until
30 June 1980 ,
HAS ADOPTED THIS REGULATION :
                                    Article 1
 M   • *                            ––––
In the second subparagraph of Article 5 of Regulation (EEC ) No 652/79 , '31
March 1980 * shall be replaced by '30 June 1980' .
                                    Article 2
This Regulation shall enter into force on the day of its publication in the
Official Journal of the European Communities . <                              -
This Regulation shall be binding in its entirety and directly, applicable- in
all Member States .
Done at Brussels ,                                      For the Council
                                         V
jl ) OJ No 106 , 30.10.1962 , p . 2553/62 "(3 ) 0J No L' 84, 4.4.1979 , p . 1
(?) 0J No L 263 , 19.9.1973 , p . 1        ( 4) 0J No L 161 , 29.6.1979 , p . 1 ■