CELEX: 31979R2139
Language: en
Date: 1979-09-28 00:00:00
Title: Council Regulation (EEC) No 2139/79 of 28 September 1979 amending, with respect to the French franc, the Italian lira, the pound sterling, the Irish pound and the Danish krone, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture

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31979R2139

Council Regulation (EEC) No 2139/79 of 28 September 1979 amending, with respect to the French franc, the Italian lira, the pound sterling, the Irish pound and the Danish krone, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture  

Official Journal L 246 , 29/09/1979 P. 0076 - 0077 Greek special edition: Chapter 03 Volume 26 P. 0135 

****( 1 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 .  ( 2 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 .  ( 3 ) OJ NO L 106 , 29 . 4 . 1977 , P . 27 .  ( 4 ) OJ NO L 237 , 21 . 9 . 1979 , P . 1 .    COUNCIL REGULATION ( EEC ) NO 2139/79   OF 28 SEPTEMBER 1979   AMENDING , WITH RESPECT TO THE FRENCH FRANC , THE ITALIAN LIRA , THE POUND STERLING , THE IRISH POUND AND THE DANISH KRONE , REGULATION ( EEC ) NO 878/77 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE   THE COUNCIL OF THE EUROPEAN   COMMUNITIES ,   HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,   HAVING REGARD TO COUNCIL REGULATION NO 129 ON THE VALUE OF THE UNIT OF ACCOUNT AND THE EXCHANGE RATES TO BE APPLIED FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2543/73 ( 2 ), AND IN PARTICULAR ARTICLE 3 THEREOF ,   HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,   WHEREAS THE REPRESENTATIVE RATES CURRENTLY APPLICABLE WERE FIXED BY COUNCIL REGULATION ( EEC ) NO 878/77 OF 26 APRIL 1977 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE ( 3 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2047/79 ( 4 );   WHEREAS WITH EFFECT FROM 24 SEPTEMBER 1979 CERTAIN CHANGES IN THE CENTRAL RATES OF THE COMMUNITY CURRENCIES HAVE OCCURRED WITHIN THE EUROPEAN MONETARY SYSTEM ; WHEREAS THESE CHANGES THEORETICALLY INVOLVE , IN SOME MEMBER STATES , AN INCREASE IN , OR THE INTRODUCTION OF , MONETARY COMPENSATORY AMOUNTS ; WHEREAS IT IS POSSIBLE TO AVOID THIS EFFECT BY MAKING A CORRESPONDING CHANGE IN THE REPRESENTATIVE RATES OF THE CURRENCIES OF DENMARK , FRANCE , IRELAND , ITALY AND THE UNITED KINGDOM ;   WHEREAS THESE RATES MUST BE ADOPTED IMMEDIATELY IN ORDER TO AVOID AN INCREASE IN , OR THE INTRODUCTION OF , MONETARY COMPENSATORY AMOUNTS IN SOME MEMBER STATES ; WHEREAS , PARTICULARLY FOR THIS REASON , IT IS NECESSARY TO PROVIDE FOR A SPECIFIC REPRESENTATIVE RATE IN THE WINE SECTOR IN FRANCE AND ITALY UNTIL 15 DECEMBER 1979 ;   WHEREAS , IN THE CASE OF THE FRENCH FRANC WHERE REPRESENTATIVE RATES HAVE ALREADY BEEN LAID DOWN FOR THE 1980/81 MARKETING YEAR AND ARE ALREADY APPLICABLE IN THE PIG SECTOR , THE AMENDMENT PROVIDED FOR SHOULD ALSO BE APPLIED TO THESE RATES ;   WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED ; WHEREAS , IN VIEW OF THE URGENCY , IT IS NECESSARY TO ADOPT THE MEASURES ENVISAGED UNDER THE CONDITIONS PROVIDED FOR IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 ,   HAS ADOPTED THIS REGULATION :   ARTICLE 1   1 .  IN ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 , PARAGRAPH 3 SHALL BE REPLACED BY THE FOLLOWING :   ' 3 .  BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE FRENCH FRANC :  ( A ) THE REPRESENTATIVE RATE OF ONE FRENCH FRANC À 0.182387 ECU SHALL APPLY WITH EFFECT FROM 1 OCTOBER UNTIL 15 DECEMBER 1979 IN THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE SPECIFIED FOR DISTILLATION OPERATIONS ;  ( B ) THE REPRESENTATIVE RATE OF ONE FRENCH FRANC À 0.179622 ECU SHALL APPLY WITH EFFECT FROM :   -  16 DECEMBER 1979 IN THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE SPECIFIED FOR DISTILLATION OPERATIONS ,   -  1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,   -  1 NOVEMBER 1979 AS REGARDS OLIVE OIL ,   -  1 OCTOBER 1979 IN ALL OTHER CASES ;  ( C ) THE REPRESENTATIVE RATE OF ONE FRENCH FRANC À 0.173343 ECU SHALL APPLY WITH EFFECT FROM :   -  1 OCTOBER 1979 FOR THE PIGMEAT SECTOR ,   -  1 JULY 1980 FOR THE ISOGLUCOSE SECTOR ,   -  1 AUGUST 1980 FOR THE EGGS , POULTRY , OVALBUMIN AND LACTALBUMIN SECTORS ,   -  16 DECEMBER 1980 FOR THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE SPECIFIED FOR DISTILLATION OPERATIONS ,   -  1 JANUARY 1981 FOR THE FISHERY PRODUCTS SECTOR ,   -  THE BEGINNING OF THE 1980/81 MARKETING YEAR FOR THE OTHER PRODUCTS FOR WHICH A MARKETING YEAR EXISTS ,   -  THE BEGINNING OF THE 1980/81 MILK YEAR IN ALL OTHER CASES . '   2 .  IN ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 , PARAGRAPH 4 SHALL BE REPLACED BY THE FOLLOWING :   ' 4 .  BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE ITALIAN LIRA :  ( A ) THE REPRESENTATIVE RATE OF 100 ITALIAN LIRA À 0.0984327 ECU SHALL APPLY WITH EFFECT FROM 1 OCTOBER UNTIL 15 DECEMBER 1979 IN THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE SPECIFIED FOR DISTILLATION OPERATIONS ;  ( B ) THE REPRESENTATIVE RATE OF 100 ITALIAN LIRA À 0.0942746 ECU SHALL APPLY WITH EFFECT FROM :   -  16 DECEMBER 1979 IN THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE SPECIFIED FOR DISTILLATION OPERATIONS ,   -  1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,   -  1 NOVEMBER 1979 AS REGARDS OLIVE OIL ,   -  1 OCTOBER 1979 IN ALL OTHER CASES . '   3 .  IN ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 , PARAGRAPH 5 SHALL BE REPLACED BY THE FOLLOWING :   ' 5 .  BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE POUND STERLING , THE REPRESENTATIVE RATE OF ONE POUND STERLING À 1.70148 ECU SHALL APPLY WITH EFFECT FROM :   -  16 DECEMBER 1979 IN THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE SPECIFIED FOR DISTILLATION OPERATIONS ,   -  1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,   -  1 NOVEMBER 1979 AS REGARDS OLIVE OIL ,   -  1 OCTOBER 1979 IN ALL OTHER CASES . '   4 .  IN ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 , PARAGRAPH 6 SHALL BE REPLACED BY THE FOLLOWING :   ' 6 .  BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE IRISH POUND , THE REPRESENTATIVE RATE OF ONE IRISH POUND À 1.51682 ECU SHALL APPLY WITH EFFECT FROM 1 OCTOBER 1979 IN ALL SECTORS . '   5 .  IN ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 , THE FOLLOWING PARAGRAPH 8 SHALL BE ADDED :   ' 8 .  BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE DANISH KRONE , THE REPRESENTATIVE RATE OF ONE DANISH KRONE À 0.135760 ECU SHALL APPLY WITH EFFECT FROM 1 OCTOBER 1979 IN ALL SECTORS . '   ARTICLE 2   THIS REGULATION SHALL ENTER INTO FORCE ON 1 OCTOBER 1979 .   THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .   DONE AT BRUSSELS , 28 SEPTEMBER 1979 .   FOR THE COUNCIL   THE PRESIDENT   J . GIBBONS