CELEX: 31978R0798
Language: en
Date: 1978-04-21 00:00:00
Title: Commission Regulation (EEC) No 798/78 of 20 April 1978 fixing the world market price for colza and rape seed

21 . 4. 78                             Official Journal of the European Communities                          No L 107/9
                                   COMMISSION REGULATION (EEC) No 798 /78
                                                      of 20 April 1978
                               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 797/78 (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
2560/77 (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
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 190/78                  This Regulation shall enter into force on 21 April
of 31 January 1978 fixing the amount of the subsidy               1978 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 20 April 1978 .
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
 >) OJ   No 172, 30. 9. 1966, p. 3025/66.
 2) OJ   No L 303, 28 . 11 . 1977, p. 1 .
 3) OJ   No L 167, 25.  7. 1972, p. 9.
 4) OJ   No L 357, 28.  12. 1973, p. 6.
 s) OJ   No L 236, 24.  8. 1973, p. 28 .                          (7) OJ No L 27, 1 . 2. 1978 , p. 24.
 6) OJ   No L 143, 10.  6. 1977, p. 9.                            (8) See page 7 of this Official Journal .
 ---pagebreak--- No L 107/ 10                                Official Journal of the European Communities                                                           21 . 4. 78
                                                                        ANNEX
           World market price applicable from 21 April 1978 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                  u.a./100 kg (1 )
           World        market price                                                                                                 20.970
           World        market price where the subsidy is fixed in advance :
           — for        the month of April 1978                                                                                      20.970
           — for        the month of May 1978                                                                                        20-970
           — for        the month of June 1978                                                                                       20.809
           — for        the month of July 1978                                                                                       20.809
           — for        the month of August 1978                                                                                     20.809
           — for        the month of September 1978                                                                                  20.476
           (') 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 :
               1  u.a.  - DM            3 15665
               1  u.a . - Fl            3.35507
               1  u.a.  - Bfr/Lfr      48.6572
               1  u.a . - FF            7.11364
               I  u.a . - Dkr           8.56656
               1  u.a . - £             0.829717
               1  u.a . - I £           0.829717
               1 u.a . «• Lit       1 313.81