CELEX: 31978R0191
Language: en
Date: 1978-02-01 00:00:00
Title: Commission Regulation (EEC) No 191/78 of 31 January 1978 fixing the world market price for colza and rape seed

No L 27/28                              Official Journal of the European Communities                             1 . 2. 78
                                   COMMISSION REGULATION (EEC) No 191 /78
                                                      of 31 January 1978
                               fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                    Whereas, to enable the price system to operate
COMMUNITIES,                                                      normally, 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/                            a band of 2-25 % , a rate of exchange based on
66/EEC of 22 September 1966 on the establishment                       their effective parity ;
of a common organization of the markets in oils and
fats (!), as last amended by Regulation (EEC) No                  — for other currencies, an exchange rate based on the
2560/77 (2),                                                           arithmetic mean of the spot market rates of each
                                                                       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 subparagraph ;
measures for colza and rape seed (3), as last amended
by Regulation (EEC) No 3477/73 (4),                               Whereas, applying all these provisions, the world
                                                                  market price for colza and rape seed should be fixed
Having regard to Commission Regulation (EEC) No                   as shown in the table annexed to this Regulation,
2300/73 of 23 August 1973 laying down detailed
rules for applying differential amounts for colza and
rape seed and repealing Regulation (EEC) No
                                                                   HAS ADOPTED THIS REGULATION :
1464/73 (5), as last amended by Regulation (EEC) No
1234/77 (6), and in particular Article 9(4) thereof,
                                                                                            Article 1
Having regard to the opinion of the Monetary
Committee,
                                                                  The world market price referred to in Article 9 (4) of
Whereas, pursuant to Article 9 (4) of Regulation (EEC)             Regulation (EEC) No 2300/73 and the rates to be used
No 2300/73, the Commission must determine the                      for converting them into national currencies shall be
world market price for colza and rape seed ;                       as shown in the table annexed to this Regulation.
Whereas the world market price should be deter­
mined in accordance with the rules and the criteria                                         Article 2
set out in Commission Regulation (EEC) No 190/78
of 31 January 1978 fixing the amount of tl e subsidy              This Regulation shall enter into force on 1 February
on oil seeds (7) ;                                                 1978 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 31 January 1978 .
                                                                              For the Commission
                                                                               Finn GUNDELACH
                                                                                  Vice-President
(!) OJ   No 172, 30 . 9. 1966, p. 3025/66.
(2) OJ   No L 303, 28 . 11 . 1977, p. 1 .
(3) OJ   No L 167, 25. 7. 1972, p. 9 .
(«) OJ   No L 357, 28 . 12. 1973, p. 6.
(5) OJ   No L 236, 24. 8 . 1973, p. 28 .
(*) OJ   No L 143, 10 . 6. 1977, p. 9 .
(7) See  page 24 of this Official Journal.
 ---pagebreak--- 1 . 2. 78                                   Official Journal of the European Communities                                                           No L 27/29
                                                                       ANNEX
          World market price applicable from 1 February 1978 for colza and rape seed (CCT heading
                                                                    No ex 12.01 )
                                                                                                                                  u.a. /100 kg (')
          World market price                                                                                                         19.206
          World market price where the subsidy is fixed in advance :
          — for the month of February 1978                                                                                           19.206
          — for the month of March 1978                                                                                              19.059
          —     for   the   month      of  April 1978                                                                                19.229
          —     for   the   month      of  May 1978                                                                                  19.229
          —     for   the   month      of  June 1978                                                                                 18.926
          —     for   the   month      of  July 1978                                                                                 18.960
          (') 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             3 1 5665
              1 u.a . = Fl             3-35507
              1 u.a . = Bfr/ Lfr      48.6572
              1 u.a. = FF              7.02326
              1 u.a . = Dkr             8.56656
              1 u.a . = £              0.766536
              1 u.a . = I £            0.766536
              1 u.a . = Lit        1 292.81