CELEX: 31979R2348
Language: en
Date: 1979-10-26
Title: Commission Regulation (EEC) No 2348/79 of 25 October 1979 fixing the world marked price for colza and rape seed

No L 269/ 12                                Official Journal of the European Communities                            26 . 10 . 79
                                        COMMISSION REGULATION ( EEC) No 2348 /79
                                                           of 25 October 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,                                                           2347/79 (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
                                                                        — 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
 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
 1 464/73 (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                                                     Article 1
 Committee,
 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 pi ice 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 26 October
 of 5 July 1 979 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, 25 October 1979 .
                                                                                   For the Commission
                                                                                    Finn GUNDELACH
                                                                                       Vice-Presiden t
(')  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 .
(4 ) 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 10 of this Official Journal .
 ---pagebreak--- 26 . 10 . 79                                      Official Journal of the European Communities                                                            No L 269 / 13
                                                                             ANNEX
                    to the Commission Regulation of 25 October 1979 fixing the world market price for colza
                                                                        and rape seed
                                                                                                                                                    a (i   ::: t ■■)(<)
                 CCT
               heading                                     Description                                                        World market price
                  No
        ex 12.01            Colza and rape seed                                                                                    21.292
                                                                                                                                                    (ECU / 100 kg ) (1 )
                                                                                                   World market price where the subsidy
                CCT                                                                                  is fixed in advance for the month of
               heading                         Description
                 No                                                                                          December                      February        March
                                                                            October      November                            January
                                                                              1979          1979                1979        1980             1980 '         1980
       ex 12.01             Colza and rape seed                             21.292       21-292              21.436         21.867         21.867        21.867
       ( 1 ) The conversion rates from ECU into national currency as foreseen by Article 9 ( 5 ) ( a ) of Regulation ( EEC ) No 2300 / 7 ! are the following :
             I ECU = DM               2.48 557
             I ECU = Fl               2.74748
             1 ECU = Bfr / Lfr      ? 9.8456
             I ECU = FF               5.85522
             I ECU = Dkr              7.36594
             1 ECU    = 1 £           0.669141
             1  ECU = i'              0.648799
             I  ECU = Lit        1 145.1 .?