CELEX: 31976R0079
Language: en
Date: 1976-01-17 00:00:00
Title: Commission Regulation (EEC) No 79/76 of 16 January 1976 determining the world market price for colza and rape seed

17 . 1 . 76                                  Official Journal of the European Communities                           No L 10/31
                                           COMMISSION REGULATION (EEC) No 79/76
                                                            of 16 January 1976
                               determining 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 78 /76 (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,
fats ( ! ), as last amended by Regulation (EEC) No                            within a band of 2-25 % , a rate of exchange based
 1 707/73 (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 (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 :
632/75 (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 2651 /75                     This Regulation shall enter into force on 19 January
of 17 October 1975 fixing the amount of the subsidy                      1976 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 16 January 1976 .
                                                                                    Fur the Commission
                                                                                      P.J. LARDINOIS
                                                                                Member of the Commission
(')  OJ    No 172 , 30 . 9 . 1966, p . 3025/ 66 .
 -') OJ    No L 175 , 29 . 6 . 1973 , p . 5 .
 3)  OJ    No L 167 , 25 . 7 . 1972, p . 9 .
 *)  OJ    No L 357 , 28 . 12 . 1973 , p . 6 .
 5)  OJ    No L 236 , 24 . 8 . 197 .?, p . 28 .                         ( 7) OJ No L 269 , 18 . 10 . 1975, p. 37 .
 b)  OJ    No L 66 , 13 . 3 . 1975, p . 1 1 .                           (s) See page 29 of this Official Journal .
 ---pagebreak--- No L 10 / 32                                  Official Journal of the European Communities                                                              17. 1 . 76
                                                                            ANNEX
             World market price applicable from 19 January 1976 for colza and rape seed (CCT heading
                                                                         No ex 12.01 )
                                                                                                                                        u.a./100 kv (')
             World          market price                                                                                                   17-782
             World          market price where the subsidy is fixed in advance :
             — for          the month of January 1976                                                                                      17-782
             — for          the month of February 1976                                                                                     17-782
             — for the month of March 1976                                                                                                 17-943
             — for the month of April 1976                                                                                                 18-435
             — for the month of May 1976                                                                                                   18-435
             — for the month of June 1976                                                                                                  18-273
             ( l ) 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         3-21978
                   1  u.a . —   Fl         3-35507
                   1 u.a . —    Bfr/ Lfr  48-6572
                   1  u.a . —   FF         .5-55419
                    1 u.a . —   Dkr        7-57828
                   1 u.a . ™      £        0-61332
                    1 u.a . —   I £        0-61332
                    1 u.a .  =  Lit      844-288