CELEX: 31979R0510
Language: en
Date: 1979-03-17 00:00:00
Title: Commission Regulation (EEC) No 510/79 of 16 March 1979 fixing the world market price for colza and rape seed

17. 3 . 79                            Official Journal of the European Communities                          No L 67/ 5
                                 COMMISSION REGULATION (EEC) No 510/79
                                                     of 16 March 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 497/79 (*) ;
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
                                                                — 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 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 amiended 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 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 3048/78                This Regulation shall enter into force on 19 March
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, 16 March 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 .
P) OJ No L 167, 25. 7. 1972, p. 9 .
(4) OJ No L 116, 28 . 4. 1978 , p. 6.
(») 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) OJ No L 65, 15 . 3 . 1979, p. 18 .
 ---pagebreak--- No L 67/6                                   Official Journal of the European Communities                                                          17. 3 . 79
                                                                      ANNEX
                 to the Commission Regulation of 16 March 1979 fixing the world market price for colza
                                                                  and rape seed
                                                                                                                                     (u.a. /100 KU)(')
            CCT
          heading                                    Description                                                  World market price
             No
     ex 12.01             Colza and rape seed                                                                           18-491
                                                                                                                                     (,u.a. /100 kv)(')
                                                                                         World market price where the subsidy
            CCT                                                                            is fixed in advance for the month of
          heading                        Description
             No                                                        March         April            May          June         July        August
                                                                       1979          1979            1979          1979         1979         1979
     ex 12.01             Colza and rape seed                         18-491       18-491          18-491        18-491       18-186      18-125
    (') The conversion rates from units of account into national currency as foreseen by Article 9 (5) (a) of Regulation ( EEC) No 2300/73 are the
        following :
         1 u.a . = DM             303524
         1 u.a . = F1             3-28928
         1 u.a . = Bfr/ Lfr      47-7031
         1 u.a . = FF             6-97496
         1 u.a . = Dkr            8 56656
         1 u.a . = £              0-803232
         1 u.a . =  I £           0-803232
         1 u.a . = Lit        1 375-42