31978R0478

8 . 3 . 78 Official Journal of the European Communities No L 65 / 15

COMMISSION REGULATION ( EEC) No 478 / 78 of 7 March 1978 on the calculation of monetary compensatory amounts and of differential amounts

THE COMMISSION OE THE EUROPEAN following the general trend in exchange markets , the COMMUNITIES , movement of floating currencies in the Community is characterized by exceptional fluctuations ; whereas Having regard to the Treaty establishing the European under these circumstances, and with a view to stabi­ Economic Community , lizing the monetary compensatory amounts somewhat, Having regard to Council Regulation No 136/ 66/ EEC provision should be made as an exceptional measure of 22 September 1966 on the establishment of a for a reference period longer than that provided for in common organization of the market in oils and the abovementioned provisions ; fats ( 1 ), as last amended by Regulation ( EEC) No 1707 / 7 J (-), Whereas the measures provided for in this Regulation are in accordance with the opinion of the relevant Having regard to Council Regulation ( EEC) No management committees , 974 / 71 of 12 May 1971 on certain measures of conjunctural policy to be taken in agriculture HAS ADOPTED THIS REGULATION : following the temporary widening of the margins of fluctuation for the currencies of certain Member States ( :'), as last amended by Regulation ( EEC) No Article 1 557/ 76 (■*), and in particular Article 6 thereof, By way of derogation from Article 2 of Regulation Having regard to Council Regulation ( EEC) No ( EEC) No 1380 /75 and from Article 3 of Regulation 1569 /72 of 20 July 1972 laying down special ( EEC) No 2300/73 , the reference period to be taken measures for colza and rape seed ( s ), as last amended into consideration for the fixing of the monetary by Regulation ( EEC) No 3477/73 ( h), and in particular compensatory amounts and of the components used Articles 2 (2) and 7 thereof, to calculate the differential amounts during March Whereas the reference period laid down in Article 2 1978 shall extend over a period of three weeks begin­ of Commission Regulation ( EEC) No 1380 / 75 of 29 ning on a Wednesday and ending on a Tuesday before May 1975 laying down detailed rules for the applica­ the fixing . tion of monetary compensatory amounts ('), as last Article 2 amended by Regulation ( EEC) No 2505 /77 ( s ), and in Article 3 of Commission Regulation ( EEC ) No This Regulation shall enter into force on the day of its 2300 /73 of 23 August 1973 on detailed rules for publication in the Official Journal of the European applying the differential amounts for colza and rape Communities. seed (9 ), as last amended by Regulation ( EEC) No 632/75 ( 10 ), extends from the Wednesday of one week It shall apply for the first time for the amounts valid from 13 March 1978 . to the Tuesday of the following week ; whereas,

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

Done at Brussels , 7 March 1978 .

For the Commission

Finn GUNDELACH Vice-President .

(') Oj No 172, 30 . 9 . 1966 , p . 3025 / 66 . (-) OJ No L 175, 29 . 6 . 1973 , p . 5 . (3 ) OJ No L 106. 12 . 5 . 1971 , p . 1 . H 0 | No L 67, 15 . 3 . 1976 , p . 1 . ( 5 ) OJ No L 167, 25 . 7 . 1972 , p . 9 . (o) OJ No L 357 , 28 . 12 . 1973 , p . 6 . ( 7) OJ No L 139 , 30 . 5 . 1975 , p . 37 . (s ) OJ No 1. 291 , 15 . II . 1977 , p . 15 . ('') OJ No L 236, 24 . X. 1973 , p . 28 . ( 10) O J No L 66, 13 . 3 . 1 9 ? \ p . II .