CELEX: 31979R0232
Language: en
Date: 1979-02-08
Title: Commission Regulation (EEC) No 232/79 of 7 February 1979 fixing the world market price for colza and rape seed

8 . 2 . 79                                  Official Journal of the European Communities                          No L 32 / 27
                                          COMMISSION REGULATION ( EEC) No 232/79
                                                           of 7 February 1979
                                      fixing the world market price for colza and rape seed
 THE COMMISSION OF THE EUROPEAN                                         subsidy on oil seeds (7), as last amended by Regulation
 COMMUNITIES ,                                                          ( EEC) No 231 /79 (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 136/66/ EEC
                                                                        — in the case of currencies which are maintained in
 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
 1 562/78 (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 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
 1464/73 (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 3048 /78                    This Regulation shall enter into force on 8 February
of 22 December 1978 fixing the amount of the                            1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 7 February 1979 .
                                                                                   For the Commission
                                                                                    Finn GUNDELACH
                                                                                       Vice-President
(>)  OJ   No 172, 30 . 9 . 1966 , p . 3025 / 66 .
(2 ) OJ   No L 1 K S , 7 . 7 . 1978 , 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 361 , 23 . 12. 1978 , p. 18 .
(o)  OJ   No L 143 , 10 . 6 . 1977, p . 9 .                            (H) See page 25 of this Official Journal .
 ---pagebreak--- No L 32/28                                   Official Journal of the European Communities                                                            8 . 2 . 79
                                                                        ANNEX
           World market price applicable from 8 February 1979 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                     u.a./100 kg (')
           World market price                                                                                                           18.491
           World market price where the subsidy is fixed in advance :
           — for the month of February 1979                                                                                             18.491
           — for the month of March 1979                                                                                                18.430
           —      for    the   month    of  April 1979                                                                                  17.821
           —      for    the   month    of  May 1979                                                                                    17.821
           —      for    the   month    of  June 1979                                                                                   17.699
           —      for    the   month    of  July 1979                                                                                   17-699
           (') The conversion rates from units of account into national currency as foreseen by Article 9 ( 5) (a ) of Regulation ( EEC) No 2300 /73
                 are the following :
               I u.a . =    DM           3.03524
               I u.a . =    Fl           3.28928
               I u.a . = Bfr/ Lfr       47.7031
               I u.a . =    FF           6.97496
               I   u.a . =  Dkr          8.56656
               I   u.a . = i'            0.822483
               I u.a . =    I £'         0.822483
               1   u.a . =  Lit      1 375-42