CELEX: 31979R1238
Language: en
Date: 1979-06-23 00:00:00
Title: Commission Regulation (EEC) No 1238/79 of 22 June 1979 fixing the world market price for colza and rape seed

23 . 6 . 79                               Official Journal of the European Communities                       No L 156/ 21
                                       COMMISSION REGULATION ( EEC) No 1238 /79
                                                           of 22 June 1979
                                    fixing the world market price for colza and rape seed
 THE COMMISSION OF THE EUROPEAN                                      Whereas, if the price system is to operate normally,
 COMMUNITIES,                                                        the world market price should be calculated on the
                                                                     following basis :
 Having regard to the Treaty establishing the European
 Economic Community,                                                 — in the case of currencies which are maintained in
                                                                         relation to each other at any given moment within
 Having regard to Council Regulation No 136/66/ EEC                      a band of 2-25 % , a rate of exchange based on
 of 22 September 1966 on the establishment of a                          their effective parity ;
 common organization of the markets in oils and
                                                                     — for other currencies, an exchange rate based on the
 fats ('), as last amended by Regulation (EEC) No                        arithmetic mean of the spot market rates of each
 590/79 (2),
                                                                         of these currencies recorded for a given period in
 Having regard to Council Regulation (EEC) No                            relation to the Community currencies referred to
 1569/72 of 20 July 1972 laying down special                             in the previous indent ;
 measures for colza and rape seed (3), as last amended               Whereas Council Regulation ( EEC) No 652/79 of 29
by Regulation (EEC) No 852/78 (4),                                   March 1 979 (9) laid down the coefficient for
 Having regard to Commission Regulation (EEC) No                     expressing amounts, fixed in units of account, in
2300/73 of 23 August 1973 laying down detailed                       ECU ;
rules for applying differential amounts for colza and                Whereas it follows from applying these provisions
rape seed and repealing Regulation ( EEC) No
                                                                     that the world market price for colza and rape seed
 1464/73 (5), as last amended by Regulation (EEC) No                 should be as set out in the Annex hereto ,
 1 234/77 (6), and in particular Article 9(4) thereof,
 Having regard to the opinion of the Monetary                        HAS ADOPTED THIS REGULATION :
Committee,
Whereas, pursuant to Article 9 (4) of Regulation (EEC)                                        Article 1
 No 2300/73 , the Commission must determine the
world market price for colza and rape seed ;                         The world market price referred to in Article 9 (4) of
                                                                     Regulation ( EEC) No 2300/73 shall be as set out in
Whereas the world market price should be deter­                      the Annex hereto .
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 3048/78                                             Article 2
of 22 December 1978 fixing the amount of the
subsidy on oil seeds (7), as last amended by Regulation              This Regulation shall enter into force on 25 June
(EEC) No 1 237/79 («) ;                                               1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 22 June 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 .
(6)  OJ   No L 143, 10 . 6 . 1977, p. 9 .
(7)  OJ   No L 361 , 23 . 12 . 1978 , p . 18 .
(8)  See  page 19 of this Official Journal .                         C) OJ No L 84, 4. 4 . 1979 , p. 1 .
 ---pagebreak--- No L 156/ 22                                  Official Journal of the European Communities                                                           23 . 6. 79
                                                                        ANNEX
               to the Commission Regulation of 22 June 1979 fixing the world market price for colza and
                                                                      rape seed
                                                                                                                                        (ECU / too kg) (')
            CCT
          heading                                      Description                                                  World market price
             No
    ex 1 2.0 i         Colza and rape seed                                                                                24.699
                                                                                                                                        (ECU / 100 kg) (i)
                                                                                            World market price where the subsidy
           CCT                                                                               is fixed in advance for the month of
          heading                          Description
            No                                                                                                                  October
                                                                        June           July           August      September                  November
                                                                         1979          1979             1979         1979         1979          1979
    ex 12.01           Colza and rape seed                             24.699       24-699           24.775        24-775       24-775        24-775
    (') 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                 2.51064
        1 ECU = Fl                 2.72077
        1 ECU = Bfr/ Lfr        .* 9.4582
        1 ECU = FF                 5.79831
        1 ECU = Dkr                7.08592
        1 ECU = I f                0.662638
        1  ECU = £                 0-627632
        1  ECU =   Lit      1 1 18.21