CELEX: 31979R1459
Language: en
Date: 1979-07-14 00:00:00
Title: Commission Regulation (EEC) No 1459/79 of 13 July 1979 fixing the world market price for colza and rape seed

No L 177/ 8                                 Official Journal of the European Communities                              14 . 7 . 79
                                        COMMISSION REGULATION ( EEC) No 1459/ 79
                                                             of 13 July 1979
                                    fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                         seeds ( 7), as amended         by Regulation ( EEC) No
COMMUNITIES ,                                                           1426/79 (S) ;
 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 « 52/78 (4),                                         in the previous indent ;
 Having regard to Commission Regulation ( EEC) No                      Whereas it follows from applying these provisions
2300/ 73 of 23 August 1 973 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
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 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 1400 /79                    This Regulation shall enter into force on 16 July
of 5 July 1979 fixing the amount of the subsidy on oil                  1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 13 July 1979 .
                                                                                    For the Com mission
                                                                                     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 .
 4)  OJ  No   L 116 , 28 . 4 . 1978 , p. 6 .
 5)  OJ  No   L 236 , 24 . 8 . 1973 , p. 28 .                          ( 7) OJ No L 168 , 6 . 7 . 1979 , p . 10 .
 6)  OJ  No   L 143 , 10 . 6 . 1977, p. 9 .                            (*) OJ No L 173 , 11.7 . 1979 , p . 7 .
 ---pagebreak--- 14 . 7 . 79                                       Official Journal of the European Communities                                                         No L 177/ 9
                                                                            ANNEX
                   to the Commission Regulation of 13 July 1979 fixing the world market price for colza and
                                                                           rape seed
                                                                                                                                               (ECU 7 IOC kg) (1)
               CCT
              heading                                      Description                                                   World market price
                No
         ex 12.01           Colza and rape seed                                                                                24.058
                                                                                                                                               "(I         i :■)(')
                                                                                                 World market price where the subsidy
               CCT                                                                                is fixed in advance for the month of
              heading                          Description
                No
                                                                             July         August          September     October      November        December
                                                                              1979          1979             1979         1979          1979           1 979
         ex 12.01           Colza and rape seed                             24.058       24.058            24.058       24.058        24.506         24.506
         (') The conversion rates from ECU into national currency as foreseen by Article 9 (5) ( a) of Regulation ( EEC) No 2300 / 73 are tile following :
             1 ECU = DM              2 - M 064
             1 ECU = Fl              2.72077
             1 ECU = Bfr / Lfr      39-4582
             1 ECU = FF              5.7983 1
             I ECU = Dkr             7.08592
             I ECU = I £             0.662638
             1 ECU = £               0.608980
             1 ECU = Lit         II 19.94