CELEX: 31979R0188
Language: en
Date: 1979-02-01 00:00:00
Title: Commission Regulation (EEC) No 188/79 of 31 January 1979 fixing the world market price for colza and rape seed

1 . 2. 79                              Official Journal of the European Communities                          No L 26/51
                                    COMMISSION REGULATION (EEC) No 188/79
                                                      of 31 January 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 187/79(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 (l), as last amended by Regulation (EEC) No                      a band of 2-25 %, a rate of exchange based on
 1562/78 (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
 1 569/72 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 1 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, 31 January 1979.
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
(>)  OJ   No 172, 30. 9. 1966, p. 3025/66.
(2)  OJ   No L 185, 7. 7. 1978, 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 .                            (7) OJ No L 361 , 23. 12. 1978, p. 18.
(6) OJ No L 143, 10 . 6. 1977, p. 9.                              (8) See page 49 of this Official Journal .
 ---pagebreak--- No L 26/52                                    Official Journal of the European Communities                                                         1 . 2. 79
                                                                        ANNEX
           World market price applicable from 1 February 1979 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                  u.a. /100 kg (')
           World market price                                                                                                        17.632
           World market price where the subsidy is .fixed in advance :
           — for the month of February1979                                                                                           17.632
           — for the month of March 1979                                                                                             17-632
           —      for    the   month     of  April 1979                                                                              17.091
           —      for    the   month     of  May 1979                                                                                17-091
           —      for    the   month     of  June 1979                                                                               17.030
           —      for    the   month     of  July 1979                                                                               16.969
           (') 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            3.03524
               1   u.a . =  F1            3.28928
               1   u.a . =  Bfr/ Lfr    47.7031
               1   u.a . - FF            6.97496
               1   u.a . =  Dkr           8.56656
               1   u.a . = £             0.822483
               1   u.a . = 1 £           0.822483
               1   u.a . = Lit       1 375-42