CELEX: 31979R0739
Language: en
Date: 1979-04-12 00:00:00
Title: Commission Regulation (EEC) No 739/79 of 11 April 1979 fixing the world market price for colza and rape seed

No L 93/30                             Official Journal of the European Communities                           12. 4. 79
                                    COMMISSION REGULATION (EEC) No 739/79
                                                       of 11 April 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
fats ('), as last amended by Regulation (EEC) No                  — for other currencies, an exchange rate based on the
590/79 (2),
                                                                      arithmetic mean of the spot market rates of each
                                                                      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 1979 (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 16 April
(EEC) No 722/79 (8) ;                                             1979 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels, 11 April 1979.
                                                                            For the Commission
                                                                             Finn GUNDELACH
                                                                                Vice-President
 1) 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.
 ")  OJ  No L 116, 28 . 4. 1978, p. 6.
 5)  OJ  No L 236, 24. 8 . 1973, p. 28 .
 <>) OJ  No L 143, 10. 6. 1977, p. 9.
 7)  OJ  No T 361 , 23 . 12. 1978, p. 18 .
 8) OJ No L 92, 11 . 4. 1979, p. 12.                              C) OJ No L 84, 4. 4. 1979, p. 1 .
 ---pagebreak--- 12. 4. 79                                     Official Journal of the European Communities                                                       No L 93/31
                                                                          ANNEX
                  to the Commission Regulation of 11 April 1979 fixing the world market price for colza
                                                                      and rape seed
                                                                                                                                         (ECU / 100 kg)(1)
              CCT
             heading                                   Description                                                    World market price
               No
       ex 12.01           Colza and rape seed                                                                               21-888
                                                                                                                                         (ECU / 100 kg)(<)
                                                                                              World market price where the subsidy
              CCT                                                                              is fixed in advance for the month of
             heading                       Description
               No
                                                                           April          May            June          July       August     September
                                                                           1979          1979            1979          1979         1979         1979
       ex 12.01           Colza and rape seed                            21.888        21-888          21-814        21.665      21.665       21.665
       (') 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 = F1              2.72077
           1 ECU = Bfr/ Lfr       39.4582
           1  ECU   = FF           5.79831
           1  ECU   = Dkr          7.08592
           1  ECU   = I £          0.662638
           1  ECU   « £            0.641198
           1  ECU   - Lit      1 133.02