CELEX: 31972R0978
Language: en
Date: 1972-05-12
Title: Regulation (EEC) No 978/72 of the Commission of 12 May 1972 amending for the fourth time Regulation (EEC) No 1013/71 laying down detailed rules for the application of Regulation (EEC) No 974/71 on certain measures of conjuctural policy to be taken in agriculture following the temporary widening of the margins of fluctuation for the currencies of certain Member States

Official Journal of the European Communities                                        71
15.5.72                                Official Journal of the European Communities                              No L 113/ 1
                                   REGULATION (EEC) No 978/ 72 OF THE COMMISSION
                                                       of 12 May 1972
              amending for the fourth time Regulation (EEC) No 1013/71 laying down detailed rules for
              the application of Regulation (EEC) No 974/ 71 on certain measures of conjunctural policy
              to be taken in agriculture following the temporary widening of the margins of fluctuation for
                                          the currencies of certain Member States
THE COMMISSION OF THE EUROPEAN                                     Whereas the measures provided for in this Regulation
COMMUNITIES ,                                                      are in accordance with the Opinions of the Management
                                                                   Committees for Fruit and Vegetables , Wine, Oils and
Having regard to the Treaty establishing the European
                                                                   Fats, Cereals , Pigmeat, Poultrymeat and Eggs , 'Sugar,
Economic Community ;                                               Milk and Milk Porducts , Beef and Veal , Products Pro­
                                                                   cessed from Fruit and Vegetables , Tobacco, Flax and
Having regard to Council Regulation (EEC) No 974/71                Hemp, and Fishery Products,
1 of 12 May 1971 on certain measures of conjunctural
policy to be taken in agriculture following the temporary
widening of the margins of fluctuation for the currencies
of certain Member States, and in particular Article 6              HAS ADOPTED THIS REGULATION :
thereof;
                                                                                             A rticle 1
Whereas the United States of America declared the new              The following indent is added to Article 1 ( 2) (c) of Re­
parity of the dollar to the International Monetary Fund            gulation (EEC) No 1013/71 :
on 8 May 1972 ; whereas allowance should be made for
this as quickly as possible in the calculation of compen­               'the spot market rates used to fix the compensatory
satory amounts ;                                                        amounts referred to in Regulation (EEC) No 979/
                                                                         72 shall be those recorded on 4, 5 , 8 and 9 May
Whereas Commission Regulation (EEC) No 1013/71 2                         1972 .'
of 17 May 1971 laying down detailed rules for the appli­
cation of Regulation (EEC) No 974/ 71 on certain meas­
ures of conjunctural policy to be taken in agriculture fol:                                  A rticle 2
lowing the temporary widening of the margins of fluctua­
tion for the currencies of certain Member States , as last         This Regulation shall enter into force on the day of its
amended by Regulation (EEC) No 2887/71 3, should                   publication in the Official Journal of the European
therefore be amended ;                                             Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member States.
              Done at Brussels , 12 May 1972.
                                                                                          For the Commission
                                                                                                The President
                                                                                             S. L. MANSHOLT
 1 OJ NoL 106 , 12.5.1971 , p. 1 .
 2 OJ NoL 110 , 18.5.1971 , p.8 .
3 OJ NoL 288 , 31.12.1971 , p.57.