CELEX: 31977R0814
Language: en
Date: 1977-04-22 00:00:00
Title: Commission Regulation (EEC) No 814/77 of 21 April 1977 fixing the world market price for colza and rape seed

22. 4. 77                                Official Journal of the European Communities                           No L 98 / 17
                                    COMMISSION REGULATION ( EEC) No 814/77
                                                        of 21 April 1977
                                fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                     oil seeds (7), as last amended by Regulation (EEC) No
COMMUNITIES,                                                       813/77 (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/
                                                                   — 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,
fats (!), as last amended by Regulation (EEC) No                         within a band of 2-25 % , a rate of exchange based
 1707/73 (2),                                                            on 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 :
 632/75 (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 1713/76                  This Regulation shall enter into force on 22 April
of 15 July 1976 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, 21 April 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 .
(5) OJ   No L 236, 24. 8 . 1973 , p. 28 .                          ( 7) OJ No L 192, 16. 7 . 1976, p. 17 .
(*) OJ   No L 66, 13 . 3 . 1975, p. 11 .                           (8) See page 15 of this Official Journal .
 ---pagebreak--- No L 98 / 18                                   Official Journal of the European Communities                                                            22 . 4 . 77
                                                                            ANNEX
             World market price applicable from 22 April 1977 for colza and rape seed (CCT heading
                                                                         No ex 12.01 )
                                                                                                                                       U.O.J100 kg (')
             World          market price                                                                                                 29041
             World          market price where the subsidy is fixed in advance :
             — for          the month of April 1977                                                                                      29.041
             — for          the month of May 1977                                                                                        29041
             — for          the month of June 1977                                                                                       29.041
             — for          the month of July 1977                                                                                       29.041
             — for          the month of August 1977                                                                                     29.041
             — for          the month of September 1977                                                                                  29.041
             ( J ) 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 . -    Fl           3.35507
                   1 u.a . -    Bfr/ Lfr    48-6572
                   1 u.a . -    FF           6-63174
                   1 u.a . -    Dkr          8-13822
                   1 u.a . =       £         0.775723
                   1 u.a . -    I £          0-775723
                   1 u.a . —    Lit      1 180-71