31978R2404

No L 291 / 10 17. 10 . 78 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 2404/78 of 16 October 1978 suspending advance fixing of the monetary compensatory amounts applicable in the Federal Republic of Germany and the Benelux countries

THE COMMISSION OF THE EUROPEAN Benelux countries have been revalued ; whereas, COMMUNITIES, pending a decision on the measures to b£ taken in the agricultural sector following this event, in order to Having regard to the Treaty establishing the European prevent speculation advance fixing of the compensa­ Economic Community, tory amounts should be suspended in accordance with Having regard to Council Regulation (EEC) No Article 9 (2) of Regulation (EEC) No 243/78 , 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 Article 1 States ( ! ), as last amended by Regulation (EEC) No 557/76 (2), Advance fixing of the monetary compensatory amounts applicable in the Federal Republic of Having regard to Commission Regulation (EEC) No Germany and the Benelux countries shall be 243/78 of 1 February 1978 providing for the advance suspended from 17 October 1978 . fixing of monetary compensatory amounts (3), as amended by Regulation (EEC) No 1 544/78 (4), and in particular Article 9 (2) thereof, Article 2

Whereas with effect from 16 October 1978 the central This Regulation shall enter into force on 17 October rates of the Deutschemark and the currencies of the 1978 . It shall apply until 19 October 1978 .

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

Done at Brussels, 16 October 1978 .

For the Commission

Finn GUNDELACH Vice-President

0 ) OJ No L 106, 12. 5. 1971 , p. 1 . (2) OJ No L 67, 15. 3 . 1976, p. 1 . (3) OJ No L 37, 7. 2. 1978 , p. 5. (4) OJ No L 182, 5. 7. 1978 , p. 7.