CELEX: 31976R0384
Language: en
Date: 1976-02-21 00:00:00
Title: Commission Regulation (EEC) No 384/76 of 20 February 1976 determining the world market price for colza and rape seed

21 . 2. 76                                Official Journal of the European Communities                         No L 45/37
                                      COMMISSION REGULATION (EEC) No 384/76
                                                        of 20 February 1976
                              determining the world market price (or 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,
 Having regard to Council Regulation No 136/                             within a band of 2-25 % , a rate of exchange based
 66/EEC of 22 September 1966 on the establishment                        on their effective parity ;
 of a common organization of the markets in oils and
 fats ( 1), as last amended by Regulation (EEC) No                   — for other currencies an exchange rate based on the
 1707/73 (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
 632/75 (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 383/76
 of 20 February 1976 fixing the amount of the subsidy                This Regulation shall enter into force on 23 February
 on oil seeds (7) ;                                                  1976 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 20 February 1976.
                                                                               For the Commission
                                                                                 P.J. LARDINOIS
                                                                          Member of the Commission
(1) OJ No 172, 30. 9 . 1966, p. 3025/66.
(2) OJ No L 175, 29 . 6. 1973, p. 5 .
h) 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 66, 13 . 3 . 1975, p. 11 .
(7)  See   page 33 of this Official Journal.
 ---pagebreak--- No L 45/38                               Official Journal of the European Communities                                                           21 . 2. 76
                                                                       ANNEX
           World market price applicable from 23 February 1976 (or colza and rape seed (CCT
                                                             heading No ex 12.01 )
                                                                                                                                 u.a/100 kg (1)
           World market price                                                                                                       17-276
           World market price where the subsidy is fixed in advance :
           — for the month of February 1976                                                                                         17-276
           — for the month of March 1976                                                                                            17-276
           —   for   the  month     of  April 1976                                                                                  17-356
           —   for   the  month     of  May 1976                                                                                    17-437
           —   for   the  month     of  June 1976                                                                                   17-518
           —   for   the  month     of  July 1976                                                                                   17-598
           0) 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         3-21978
              1 u.a . —    F1         3-35507
              1 u.a. «•    Bfr/Lfr   48-6572
              1 u.a. "•   FF          5-55419
              1 u.a . —    Dkr        7-57828
              1 u.a. —       £        0-61332
              1 u.a. —     I£         0-61332
              1 u.a. —     Lit      945-466