31977R2048

No L 237/ 16 Official Journal of the European Communities 16 . 9 . 77

COMMISSION REGULATION ( EEC) No 2048 /77 of 15 September 1977 amending Regulation (EEC) No 937/77 following the fixing of a new exchange rate to be applied in Denmark in agriculture

THE COMMISSION OF THE EUROPEAN HAS ADOPTED THIS REGULATION : COMMUNITIES, Having regard to the Treaty establishing the European Article 1 Economic Community, Having regard to Council Regulation (EEC) No Article 1 item 3 of Regulation (EEC) No 937/77 is 878/77 of 26 April 1977 on the exchange rates to be amended to read as follows : applied in agriculture (*), as last amended by Regula­ tion (EEC) No 2024/77 (2), and in particular Article 5 *3 . The provisions of the last subparagraph of thereof, Article 4 ( 1 ) of Regulation (EEC) No 1134/68 shall apply to the products and Member States Whereas Commission Regulation (EEC) No 937/77 of concerned with effect from the dates set out in 29 April 1977 laying down detailed rules for the appli­ Articles 2 (2) and (3) and also 3 of Regulation cation of Council Regulation (EEC) No 878 / 77 on the (EEC) No 878/77.' exchange rates to be applied in agriculture (3), as last amended by Regulation (EEC) No 1 583/77 (4), provided that the provisions of the last subparagraph Article 2 of Article 4 ( 1 ) of Council Regulation (EEC) No 1134/ 68 of 30 July 1968 laying down rules for the The following subparagraph is added to Article 1 item implementation of Regulation (EEC) No 653/68 on 4 of Regulation (EEC) No 937/77 : conditions for alterations to the value of the unit of account used for the common agricultural policy (5) ' In the case of the new representative rate for the shall apply to the products and the Member States Danish krone to take effect from 16 September concerned with effect from the dates set out in Article 1977, the said provision shall apply only to 2 (2) and Article 3 of Regulation (EEC) No 878/77 ; advance fixings and to the relevant licence or certificates issued, within the meaning of Article 9 Whereas Regulation (EEC) No 2024/77 amended ( 1 ) of Regulation (EEC) No 193/75, before 29 Article 2 of Regulation ( EEC) No 878/77 to take August 1977.' account of the new representative rate fixed for the Danish krone with effect from 16 September 1977 ; whereas, therefore, an addition needs to be made to Article 3 Regulation (EEC) No 937/77 ; Whereas the measures provided for in this Regulation This Regulation shall enter into force on the day of its are in accordance with the opinion of the relevant publication in the Official Journal of the European management committees, Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 15 September 1977. For the Commission Finn GUNDELACH Vice-President

(') OJ No L 106, 29 . 4. 1977, p. 27 . (2) OJ No L 235, 14. 9 . 1977, p . 1 . (3) OJ No L 110 , 30 . 4. 1977, p . 1 . (4 ) OJ No L 175, 15. 7 . 1977, p . 17 . (5 ) OJ No L 188 , 1 . 8 . 1968 , p. 1 .