CELEX: 31980R0017
Language: en
Date: 1980-01-05 00:00:00
Title: Commission Regulation (EEC) No 17/80 of 4 January 1980 fixing the world market price for colza and rape seed

5 . 1 . 80                                Official Journal of the European Communities                            No L 3/7
                                      COMMISSION REGULATION (EEC) No 17/80
                                                        of 4 January 1980
                                 fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      on oil seeds (7), as last amended by Regulation (EEC)
COMMUNITIES,                                                         No 16/80(8);
Having regard to the Treaty establishing the European               Whereas, if the price system is to operate normally,
Economic Community,                                                 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 of a                      — in the case of currencies which are maintained in
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
590/79 (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 (<),                                        in the previous indent ;
Having regard to Commission Regulation (EEC) No                      Whereas it follows from applying these provisions
2300/73 of 23 August 1973 laying down detailed                       that the world market price for colza and rape seed
rules for applying differential amounts for colza and                should be as set out in the Annex hereto,
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
                                                                                               Article 1
Committee ,
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 shall be as set out in
                                                                     the Annex hereto.
world market price for colza and rape seed ;
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 2415/79                   This Regulation shall enter into force on 7 January
 of 31 October 1979 fixing the amount of the subsidy                  1980 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 4 January 1980.
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                     Vice-President
 (»)  OJ No  172, 30. 9 . 1966, p. 3025/66.
 (2)  OJ No  L 78 , 30 . 3 . 1979, p. 1 .
 (>)  OJ No  L 167, 25. 7. 1972, p. 9.
 («)  OJ No  L 116, 28 . 4. 1978 , p. 6.
 (5 ) OJ No  L 236, 24. 8 . 1973 , p . 28 .                           (7) OJ No L 275, 1 . 11 . 1979, p. 43 .
 (<)  OJ No  L 143 , 10 . 6 . 1977, p . 9.                            (8) See page 5 of this Official Journal .
 ---pagebreak--- No L 3/8                                   Official Journal of the European Communities                                                              5. 1 . 80
                                                                        ANNEX
               to die Commission Regulation of 4 January 1980 fixing the world market price for colza
                                                                   and rape seed
                                                                                                                                      (ECU / 100 kg)(>)
            CCT
          heading                                   Description                                                    World market price
             No
     ex 12.01          Colza and rape seed                                                                               20-096
                                                                                                                                      (ECU / 100 kg) (i)
                                                                                           World market price where the subsidy
            CCT                                                                             is fixed in advance for the month of
          heading                       Description
            No
                                                                       January      February         March         April         May         June
                                                                         1980          1980           1980          1980         1980         1980
    ex 12.01          Colza and rape seed                              20-096       20-583          20-583       20-896       20-896       20-896
    (') The conversion rates from ECU into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73 are the following :
        1 ECU - DM              2-48208
        1 ECU - F1              2-74362
        1 ECU - Bfr/Lfr        39-7897
        1  ECU  - FF            5-84700
        1  ECU  - Dkr           7-72336
        1  ECU  - I £           0-668201
        1  ECU  - £             0-649519
        1  ECU  - Lit       1 158-77