CELEX: 31976R1008
Language: en
Date: 1976-05-01 00:00:00
Title: Commission Regulation (EEC) No 1008/76 of 30 April 1976 determining the world market price for colza and rape seed

1 . 5 . 76                             Official Journal of the European Communities                         No L 115/37
                                     COMMISSION REGULATION (EEC) No 1008/76
                                                        of 30 April 1976
                              determining 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,                                                       1007/76 (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,
 fats (1), 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 (<),                                    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
 632/75 (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 925/76
 of 22 April 1976 fixing the amount of the subsidy on              This Regulation shall enter into force on 3 May 1976.
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 30 April 1976.
                                                                              For the Commission
                                                                                P.J. LARDINOIS
                                                                          Member of the Commission
(')  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.
(4)  OJ   No L 357, 28 . 12. 1973, p. 6.
(5)  OJ   No L 236, 24. 8 . 1973, p. 28 .                          (7) OJ No L 106, 23 . 4. 1976, p. 18 .
(<>) OJ   No L 66, 13. 3. 1975, p. 11 .                            (8) See page 35 of this Official Journal.
 ---pagebreak--- No L 115/38                               Official Journal of the European Communities                                                            1 . 5 . 76
                                                                        ANNEX
          World market price applicable from 3 May 1976 for colza and rape seed (CCT heading No
                                                                        ex 12.01 )
                                                                                                                                  u.a./100 kg (!)
          World        market price                                                                                                  17-890
          World       market price where the subsidy is fixed in advance :
          — for        the month of May 1976                                                                                         17-890
          — for        the month of June 1976                                                                                        18-050
          — for        the month of July 1976                                                                                        18-289
          — for        the month of August 1976                                                                                      18-289
          — for        the month of September 1976                                                                                   18-289
          — for the month of October 1976                                                                                            18-847
          ( l) 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          5.86331
               1 u.a . =    Dkr        7.57828
               1 u.a . —     £         0.687347
               1 u.a . «=  I£          0.687347
               1 u.a . ■=   Lit      1116.42