CELEX: 31979R2510
Language: en
Date: 1979-11-15
Title: Commission Regulation (EEC) No 2510/79 of 14 November 1979 fixing the world market price for colza and rape seed

No L 288 / 18                           Official Journal of the European Communities                           15 . 11 . 79
                                    COMMISSION REGULATION (EEC) No 2510/79
                                                      of 14 November 1979
                                 fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                     on oil seeds (7), as last amended by Regulation (EEC)
 COMMUNITIES,                                                      No 2509/79 («)";
 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 (*), as last amended by Regulation (EEC) No                       a band of 2*25 % , a rate of exchange based on
 590/79 P),                                                             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 2415/79                  This Regulation shall enter into force on              15
of 31 October 1979 fixing the amount of the subsidy                November 1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 14 November 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 .
(4) OJ    No L 116, 28 . 4. 1978 , p. 6.
(5) OJ    No L 236, 24. 8 . 1973, p. 28 .                          (7) OJ No L 275, 1 . 11 . 1979, p. 43.
\b) OJ No L 143, 10. 6. 1977, p. 9.                                (8) See page 16 of this Official Journal.
 ---pagebreak--- 15 . 11 . 79                                   Official Journal of the European Communities                                                     No L 288 / 19
                                                                           ANNEX
                   to the Commission Regulation of 14 November 1979 fixing the world market price for
                                                                    colza and rape seed
                                                                                                                                          (ECU / 100 kg) (i)
               CCT
              heading                                   Description                                                    World market price
                No
        ex 12 .01          Colza and rape seed                                                                               22.600
                                                                                                                                          (ECU / 100 M (')
                                                                                               World market price where the subsidy
               CCT                                                                              is fixed in advance for the month of
             heading                        Description           /
                No                                                        November      December         January      February      March        April
                                                                            1979          1979             1980         1980         1980         1980
        ex 12.01          Colza and rape seed                              22.600       22-600          22-600        22-600      22.600       23.471
        (') 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              2.48557
            1 ECU - Fl              2.74748
            1 ECU - Bfr/ Lfr       39.8456
            1 ECU - FF              5.85522
            1 ECU - Dkr             7-36594
            1 ECU - I £             0.669141
            1 ECU - £               0.667557
            1 ECU - Lit         1 145.13