CELEX: 31979R1875
Language: en
Date: 1979-08-25 00:00:00
Title: Commission Regulation (EEC) No 1875/79 of 24 August 1979 fixing the world market price for colza and rape seed

25. 8 . 79                              Official Journal of the European Communities                         No L 217/7
                                     COMMISSION REGULATION (EEC) No 1875/79
                                                       of 24 August 1979
                                 fixing the world market price for colza and rape seed
 THE COMMISSION OF THE EUROPEAN                                     seeds (7), as last amended by Regulation (EEC) No
 COMMUNITIES,                                                       1874/79 (8);
 Having regard to the Treaty establishing the European             Whereas, if the price system is to operate normally,
 Economic Community,                                                the world market price should be calculated on the
                                                                    following basis :
 Having regard to Council Regulation No 136/66/EEC
 of 22 September 1966 on the establishment of a                    — in the case of currencies which are maintained in
 common organization of the markets in oils and                         relation to each other at any given moment within
 fats (1), as last amended by Regulation (EEC) No                       a band of 2-25 % , a rate of exchange based on
 590/79 (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 indent ;
 Having regard to Commission Regulation (EEC) No                   Whereas it follows from applying these provisions
 2300/73 of 23 August 1973 laying down detailed                     that the world market price for colza and rape seed
 rules for applying differential amounts for colza and             should be as set out in the Annex hereto,
 rape seed and repealing Regulation (EEC) No
 1464/73 (5), as last amended by Regulation (EEC) No
 1 234/77 (6), and in particular Article 9 (4) thereof,             HAS ADOPTED THIS REGULATION :
 Having regard to the opinion of the Monetary
 Committee,                                                                                  Article 1
Whereas, pursuant to Article 9 (4) of Regulation (EEC)             The world market price referred to in Article 9 (4) of
 No 2300/73, the Commission must determine the                     Regulation (EEC) No 2300/73 shall be as set out in
                                                                   the Annex hereto.
world market price for colza and rape seed ;
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 1400/79                 This Regulation shall enter into force on 27 August
of 5 July 1979 fixing the amount of the subsidy on oil              1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 24 August 1979.
                                                                              For the Commission
                                                                               Finn GUNDELACH
                                                                                  Vice-President
(») 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 .                          (7) OJ No L 168, 6. 7. 1979, p. 10.
(') OJ    No L 143, 10 . 6. 1977, p. 9 .                           (8) See page 5 of this Official Journal.
 ---pagebreak--- No L 217/8                                 Official Journal of the European Communities                                                            25. 8 . 79
                                                                        ANNEX
               to the Commission Regulation of 24 August 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                                                                             23.769
                                                                                                                                      (ECU / 100 kg) ('J
                                                                                           World market price where the subsidy
            CCT                                                                             is fixed in advance for the month of
          heading                       Description
             No
                                                                        August      September       October      November     December      January
                                                                         1979          1979           1979          1979         1979         1980
    ex 12.01            Colza and rape seed                            23.769        23.769         23-769        23-769      23.769       23-989
    (*) 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     Fl           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    - £            0.608839
        1 ECU   -  Lit      I 119.94