CELEX: 31978R1174
Language: en
Date: 1978-06-01 00:00:00
Title: Commission Regulation (EEC) No 1174/78 of 31 May 1978 fixing the world market price for colza and rape seed

No L 145/32                                Official Journal of the European Communities                              1 . 6. 78
                                      COMMISSION REGULATION (EEC) No 1174/78
                                                           of 31 May 1978
                                  fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                        on ou seeds (7), as last amended by Regulation (EEC)
COMMUNITIES,                                                          No 1173/78 (8);
Having regard to the Treaty establishing the European                 Whereas, to enable the price system to operate
Economic Community,                                                   normally, 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                     — in the case of currencies which are maintained in
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
2560/77 (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 subparagraph ;
Having regard to Commission Regulation (EEC) No                       Whereas, applying all these provisions, the world
2300 /73 of 23 August 1973 laying down detailed                       market price for colza and rape seed should be fixed
rules for applying differential amounts for colza and                 as shown in the table annexed to this Regulation ,
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 and the rates to be used
world market price for colza and rape seed ;                          for converting them into national currencies shall be
                                                                      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 the subsidy                   This Regulation shall enter into force on 1 June 1978 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 31 May 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 .
 H   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 27, 1 . 2. 1978 , p. 24.
 («) OJ  No  L 143, 10 .   6. 1977, p. 9 .                            (8) See page 30 of this Official Journal .
 ---pagebreak--- 1 . 6 . 78                                   Official Journal of the European Communities                                                             No L 145/ 33
                                                                          ANNEX
           World market price applicable from 1 June 1978 for colza and rape seed (CCT heading No
                                                                          ex 12.01
                                                                                                                                     u.a. /100 kg (*)
           World          market price                                                                                                  22.062
           World          market price where the subsidy is fixed in advance :
           — for          the month of June 1978                                                                                        22.062
           — for          the month of July 1978                                                                                        22-062
           — for          the month of August 1978                                                                                      22.130
           — for          the month of September 1978                                                                                   22.130
           — for the month of October 1978                                                                                              19.929
           — for the month of November 1978                                                                                             19-929
           ( ] ) 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             3.15665
                 1 u.a . - F1             3.35507
                 1 u.a . - Bfr/ Lfr      48.6572
                 1  u.a . -  FF           6.95531
                 1  u.a . —  Dkr          8.56656
                 1  u.a . -  £            0.820513
                 1  u.a . -  I £          0.820513
                 1  u.a . -  Lit      1 300.00