CELEX: 31977R0906
Language: en
Date: 1977-04-30 00:00:00
Title: Commission Regulation (EEC) No 906/77 of 29 April 1977 fixing the world market price for colza and rape seed

No L 108/28                                 Official Journal of the European Communities                              30 . 4 . 77
                                     COMMISSION REGULATION (EEC) No 906/77
                                                           of 29 April 1977
                                fixing 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,                                                           905/77 («) ;
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 ('), 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
                                                                                                  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 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 1713/76
of 15 July 1976 fixing the amount of the subsidy on                    This Regulation shall enter into force on 2 May 1977.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 29 April 1977.
                                                                                    For the Commission
                                                                                     Finn GUNDELACH
                                                                                        Vice-President
(') 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 192, 16. 7. 1976, p. 17.
0)  OJ   No L 66, 13 . 3 . 1975, p . 11 .                              (8 ) See page 26 of this Official Journal .
 ---pagebreak--- 30 . 4. 77                                 Official Journal of the European Communities                                                            No L 108/29
                                                                        ANNEX
           World market price applicable from 2 May 1977 for colza and rape seed (CCT heading No
                                                                        ex 12.01 )
                                                                                                                                    u.a. /100 kg O
           World        market price                                                                                                   28-448
           World        market price where the subsidy is fixed in advance :
           — for        the month of May 1977                                                                                          28-448
           — for        the month of June 1977                                                                                         28-448
           — for        the month of July 1977                                                                                         28-374
           — for        the month of August 1977                                                                                       28-374
           — for        the month of September 1977                                                                                    28-374
           — for the month of October 1977                                                                                             26-076
           (') 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 15665
               1 u.a . -    F1            3-35507
               1 u.a . -    Bfr/ Lfr     48-6572
               1  u.a . -   FF            6-70214
               1  u.a.   -  Dkr           8-13822
               1  u.a .  -    £           0-784917
               1  u.a .  -  I£            0-784917
               1  u.a .  -  Lit      1 1 97-28