CELEX: 31977R1819
Language: en
Date: 1977-08-06 00:00:00
Title: Commission Regulation (EEC) No 1819/77 of 5 August 1977 fixing the world market price for colza and rape seed

No L 199/26                            Official Journal of the European Communities                              6. 8 . 77
                                  COMMISSION REGULATION (EEC) No 1819/77
                                                      of 5 August 1977
                               fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                    oil seeds i7), as last amended by Regulation (EEC) No
COMMUNITIES,                                                      1818/77 (»);
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/
                                                                  — in the case of currencies which are maintained in
66/EEC 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 (1), as last amended by Regulation (EEC) No                      a band of 2-25 %, a rate of exchange based on
1707/73 (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 3477/73 (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               HAS ADOPTED THIS REGULATION :
1 234/77 (6), and in particular Article 9(4) thereof,
Having regard to the opinion of the Monetary                                               Article 1
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                                            Article 2
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 1443/77                 This Regulation shall enter into force on 8 August
of 30 June 1977 fixing the amount of the subsidy on               1977.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 5 August 1977.
                                                                            For the Commission
                                                                             Finn GUNDELACH
                                                                                 Vice-President
(') OJ   No 172, 30. 9. 1966, p. 3025/66.
(2) OJ   No L 175, 29.  6. 1973, p. 5.
(3) OJ   No L 167, 25.  7. 1972, p. 9.
(«) OJ   No L 357, 28.  12. 1973, p. 6.
(') OJ   No L 236, 24.  8. 1973, p. 28.                          C) OJ No L 161 , 1 . 7. 1977, p. 31 .
(6) OJ   No L 143, 10.  6. 1977, p. 9.                           (*) See page 24 of this Official Journal.
 ---pagebreak--- 6. 8. 77                                Official Journal of the European Communities                                                           No L 199/27
                                                                      ANNEX
         world market price applicable from 8 August 1977 for colza and rape seed (CCT heading
                                                                   No ex 12.01)
                                                                                                                                u.aJl00 kg (')
          world market price                                                                                                      21.047
         World market price where the subsidy is                   fixed in advance :
         — for the month of August 1977                                                                                           21.047
         — for the month of September 1977                                                                                        21.047
         — for the month of October 1977                                                                                          21.047
         — for the month of November 1977                                                                                         20.321
         — for the month of December 1977                                                                                         20.611
         — for the month of January 1978                                                                                          21.102
         (') 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            315665
             1 IM. -     F1            3.35507
             1 u.a.      Bfr/Lfr      48-6572
             1 u.a.' -   FF            6-63914
             1 u.a. -    Dkr           8-13822
             lui.>         £           0-793972
             1 u.a.. -   I£            0-793972
             1 u.a .. -  Lit       1 212-93