CELEX: 31979R0372
Language: en
Date: 1979-02-23 00:00:00
Title: Commission Regulation (EEC) No 372/79 of 22 February 1979 fixing the world market price for colza and rape seed

No L 46/ 22                                Official Journal of the European Communities                             23 . 2. 79
                                       COMMISSION REGULATION (EEC) No 372/79
                                                        of 22 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 371 /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
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
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 23 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, 22 February 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 .
  ') OJ    No L 143, 10 . 6. 1977, p. 9 .                             (8) See page 20 of this Official Journal .
 ---pagebreak--- 23 . 2. 79                                     Official Journal of the European Communities                                                       No L 46/ 23
                                                                         ANNEX
                    to the Commission Regulation of 22 February 1979 fixing the world market price for colza
                                                                     and rape seed
                                                                                                                                         („, l/ 100 kK)(<)
               CCT
             heading                                    Description                                                 World market price
                No
        ex 12.01             Colza and rape seed                                                                           19-586
                                                                                                                                         (u.a /1 cc k ; >) C)
                                                                                            World market price where the subsidy
               CCT                                                                           is fixed in advance for the month of
             heading                        Description
                No
                                                                         February      March           April         May            June           Julv
                                                                           1979         1979            1979         1979          "1979          1979
        ex 12.01             Colza and rape seed                         19-586       19-586         19-099        19099          19-099      18-734
       (') The conversion rates from units of account into national currency as foreseen by Article 9 ( 5) (a ) of Regulation ( EEC) No 2300 / 7.? are the
           following :
            I u.a . = DM             303524
            I u.a . = Fl             3-28928
            I u.a . = Bfr/ Lfr      47-7031
            I u.a . = FF             6-97496
            1 u.a . = Dkr            8-56656
            1 u.a . = £              0-822483
            1 u.a . =  I i!          0-822483
            1 u.a . = Lit        1 375-42