CELEX: 31978R0583
Language: en
Date: 1978-03-23 00:00:00
Title: Commission Regulation (EEC) No 583/78 of 22 March 1978 fixing the world market price for colza and rape seed

23 . 3 . 78                                Official Journal of the European Communities                         No L 79/ 23
                                        COMMISSION REGULATION (EEC) No 583/78
                                                           of 22 March 1978
                                   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 559/78 (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/
                                                                      — in the case of currencies which are maintained in
 66/EEC 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 ('), as last amended by Regulation (EEC) No                           a band of 2-25 % , a rate of exchange based on
 2560/77 (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 3477/73 (4),                                        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
                                                                       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 190/78                      This Regulation shall enter into force on 27 March
of 31 January 1978 fixing the amount of the subsidy                    1978 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels , 22 March 1978 .
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                     Vice-President
(!)  OJ  No  172, 30 . 9 .  1966, p . 3025/66 .
(2)  OJ  No  L 303 , 28 .  11 . 1977 , p. 1 .
(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 .                         C) OJ No L 27, 1 . 2. 1978 , p. 24.
( 6) OJ  No  L 143 , 10 .  6 . 1977, p. 9 .                           (8) OJ No L 76, 18 . 3 . 1978 , p. 33 .
 ---pagebreak--- No L 79 /24                                   Official Journal of the European Communities                                                        23 . 3 . 78
                                                                         ANNEX
            World market price applicable from 27 March 1978 for colza and rape seed (CCT heading
                                                                      No ex 12.01 )
                                                                                                                                   u.a./100 kgf1)
            World market price                                                                                                        20.224
            World market price where the subsidy is fixed in advance :
            — for the month of March 1978                                                                                             20.224
            —     for    the   month    of  April 1978                                                                                20.224
            —     for    the   month    of  May 1978                                                                                  20-224
            —     for    the  month     of  June 1978                                                                                 20-224
            —     for    the  month     of  July 1978                                                                                 20.550
            —     for    the   month    of  August 1978                                                                               20.550
            (') 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 . - Fl             3.35507
                1 u.a . - Bfr/ Lfr      48.6572
                1 u.a . = FF             7.30684
                1  u.a . =  Dkr          8.56656
                1  u.a . =  £            0.792776
                1  u.a . =  I £          0.792776
                1  u.a . -  Lit      1 313.81