CELEX: 31979R0775
Language: en
Date: 1979-04-21 00:00:00
Title: Commission Regulation (EEC) No 775/79 of 20 April 1979 fixing the world market price for colza and rape seed

No L 99/6                                Official Journal of the European Communities                            21 . 4 . 79
                                    COMMISSION REGULATION (EEC) No 77S /79
                                                        of 20 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                      — for other currencies, an exchange rate based on the
fats ('), as last amended by Regulation (EEC) No                        arithmetic mean of the spot market rates of each
590/79 (2),                                                             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 23 April
(EEC) No 767/79 («) ;                                               1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 20 April 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 .
(4) OJ   No L 143, 10 . 6. 1977, p. 9 .
(7) OJ   No L 361 , 23 . 12. 1978 , p. 18 .
(«) OJ   No L 98 , 20 . 4. 1979, p. 22.                            (9) OJ No L 84, 4. 4. 1979, p. 1 .
 ---pagebreak--- 21 . 4. 79                                     Official Journal of the European Communities                                                          No L 99 /7
                                                                           ANNEX
                   to the Commission Regulation of 20 April 1979 fixing the world market price for colza
                                                                      and rape seed
                                                                                                                                           (ECU / 100 ki>) (•)
               CCT
              heading                                   Description                                                     World market price
                No
        ex 12.01            Colza and rape seed                                                                               22-015
                                                                                                                                           (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                            22015        22-015           21-940        21-678      21-768        21-790
        (') 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
            I ECU = Fl              2-72077
            1  ECU   = Bfr/ Lfr    39-4582
            I  ECU   - FF           5-79831
            1  ECU   = Dkr          7-08592
            1  ECU   = I £          0-662638
            I  ECU   - £            0-634091
            I  ECU   = Lit      1 118-21