CELEX: 31977R2060
Language: en
Date: 1977-09-17 00:00:00
Title: Commission Regulation (EEC) No 2060/77 of 16 September 1977 fixing the world market price for colza and rape seed

17 . 9 . 77                                 Official Journal of the European Communities                            No L 239 / 21
                                        COMMISSION REGULATION ( EEC) No 2060/77
                                                         of 16 September 1977
                                    fixing 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,                                                           2059/77 (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 within
 fats ('), as last amended by Regulation ( EEC) No                           a band of 2-25 % , a rate of exchange based on
 1707/73 (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 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
                                                                        HAS ADOPTED THIS REGULATION :
 1 234/77 (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 1443/77                    This Regulation         shall  enter    into force on    19
 of 30 June 1977 fixing the amount of the subsidy on                   September 1977.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 16 September 1977.
                                                                                   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 .
(3)  OJ   No L 167, 25 .   7 . 1972, p . 9 .
(■») OJ   No L 357, 28 .   12 . 1973 , p . 6 .
(5)  OJ   No L 236, 24 .   8 . 1973 , p . 28 .                         ( 7) OJ No L 161 , 1 . 7. 1977, p. 31 .
(b)  OJ   No L 143, 10 .   6 . 1977, p . 9 .                           (8 ) See page 19 of this Official Journal .
 ---pagebreak--- No L 239 / 22                               Official Journal of the European Communities                                                                 17 . 9 . 77
                                                                         ANNEX
            World market price applicable from 19 September 1977 for colza and rape seed (CCT
                                                               heading No ex 12.01 )
                                                                                                                                       u.a. /100 kg (1)
            World market price                                                                                                            17-677
            World market price where the subsidy is fixed in advance :
            — for the month of September 1977                                                                                             17-677
            — for the month of October 1977                                                                                               19-720
            — for the month of November 1977                                                                                              19-720
            — for the month of December 1977                                                                                              19-720
            — for the month of January 1978                                                                                               19-499
            — for the month of February 1978                                                                                              19-499
            (') The conversion rates from units of account into national currency as foreseen by Article 9 ( 5 ) (a ) of Regulation ( EEC ) No 2300/ 7.5
                are the following :
                  I u.a . = DM            3 - 1 566 S
                I u.a . =   Fl            3-35507
                I u.a . =   Bfr/ Lfr     48-6 S72
                I   u.a . = FF            6-70205
                I u.a . =   Dkr           S-S6656
                I u.a . =      1'         0-782289
                I u.a . =   I t           0-782289
                I   u.a . = Lit       I 200-84