CELEX: 31979R0417
Language: en
Date: 1979-03-01 00:00:00
Title: Commission Regulation (EEC) No 417/79 of 28 February 1979 fixing the world market price for colza and rape seed

No L 50/42                                 Official Journal of the European Communities                              1 . 3 . 79
                                      COMMISSION REGULATION (EEC) No 417/79
                                                        of 28 February 1979
                                 fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                        subsidy on oil seeds (7), as last amended by Regulation
COMMUNITIES,                                                          (EEC) No 416/79(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
                                                                     — in the case of currencies which are maintained in
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 ( J), as last amended by Regulation (EEC) No                          a band of 2-25 % , a rate of exchange based on
1562/78 (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
15^9/72 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 (4),                                         in the previous indent ;
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 3048 /78                   This Regulation shall enter into force on 1 March
of 22 December 1978 fixing the amount of the                          1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 28 February 1979 .
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                     Vice-President
(') OJ    No 172, 30 . 9 . 1966, p . 3025/66 .
(2) OJ    No L 185, 7. 7. 1978 , p. 1 .
(3) 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 361 , 23 . 12. 1978 , p. 18 .
(b) OJ    No L 143, 10 . 6 . 1977 , p. 9 .                            (8) See page 40 of this Official Journal .
 ---pagebreak--- 1 . 3 . 79                                        Official Journal of the European Communities                                                      No L 50/43
                                                                           ANNEX
                       to the Commission Regulation of 28 February 1979 fixing the world market price for colza
                                                                       and rape seed
                                                                                                                                           (u.a./100 kg) (')
                  (XT
                heading                                    Description                                                 World market price
                   No
         ex 12.01               Colza and rape seed                                                                          19-160
                                                                                                                                           (u.a. ./100 kg) (1)
                                                                                              World market price where the subsidy
                  CCT                                                                           is fixed in advance for the month of
                heading                        Description
                   No                                                       March         April            May          June         July         August
                                                                             1979         1979             1979         1979         1979           1979
         ex 12.01               Colza and rape seed                        19-160       18-916          18-916        18-856       18-217        18-186
         (') 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            3-03524
              1  u.a . =  Fl            3-28928
              1 u.a . = Bfr / Lfr      47-7031
              1 u.a . =   H             6-97496
              1  u.a . =  Dkr           8-56656
              1  u.a .  = £'            0-822483
              1  u.a . =  I £           0-822483
              1 u.a . =   Lit       1 375-42