31979R0866

No L 108 /44 Official Journal of the European Communities 1 . 5 . 79

COMMISSION REGULATION (EEC) No 866/79

of 30 April 1979

fixing the world market price for colza and rape seed

THE COMMISSION OF THE EUROPEAN Whereas, if the price system is to operate normally, COMMUNITIES, the world market price should be calculated on the following basis : Having regard to the Treaty establishing the European — in the case of currencies which are maintained in Economic Community, relation to each other at any given moment within Having regard to Council Regulation No 136/66/EEC a band of 2-25 % , a rate of exchange based on of 22 September 1966 on the establishment of a their effective parity ; common organization of the markets in oils and — for other currencies, an exchange rate based on the fats (1), as last amended by Regulation (EEC) No arithmetic mean of the spot market rates of each 590/79 (2), of these currencies recorded for a given period in Having regard to Council Regulation (EEC) No relation to the Community currencies referred to 1569/72 of 20 July 1972 laying down special in the previous indent ; measures for colza and rape seed (3), as last amended Whereas Council Regulation (EEC) No 652/79 of 29 by Regulation (EEC) No 852/78 (4), March 1 979 (9) laid down the coefficient for Having regard to Commission Regulation (EEC) No expressing amounts, fixed in units of account, in 2300/73 of 23 August 1973 laying down detailed ECU ; rules for applying differential amounts for colza and rape seed and repealing Regulation (EEC) No Whereas it follows from applying these provisions that the world market pfrice for colza and rape seed 1464/73 (5), as last amended by Regulation (EEC) No should be as set out in the Annex hereto, 1 234/77 (6), and in particular Article 9 (4) thereof,

Having regard to the opinion of the Monetary Committee, HAS ADOPTED THIS REGULATION :

Whereas, pursuant to Article 9 (4) of Regulation (EEC) Article 1 No 2300/73, the Commission must determine the world market price for colza and rape seed ; The world market price referred to in Article 9 (4) of Whereas the world market price should be deter­ Regulation (EEC) No 2300/73 shall be as set out in mined in accordance with the rules and the criteria the Annex hereto . set out in Commission Regulation (EEC) No 3048/78 of 22 December 1978 fixing the amount of the Article 2 subsidy on oil seeds ( 7), as last amended by Regulation (EEC) No 865/79 (») ; This Regulation shall enter into force on 1 May 1979 .

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

Done at Brussels, 30 April 1979 .

For the Commission

Finn GUNDELACH

Vice-President

(') OJ No 172, 30. 9 . 1966, p. 3025/66. 2) OJ No L 78 , 30 . 3 . 1979, p. 1 . 3) OJ No L 167, 25. 7. 1972, p. 9. 4) OJ No L 116, 28 . 4. 1978 , p. 6. 5) OJ No L 236, 24. 8 . 1973, p. 28 . 6) OJ No L 143, 10 . 6. 1977, p. 9 . 7) OJ No L 361 , 23 . 12. 1978, p. 18 . 8) See page 42 of this Official Journal. (9) OI No L 84, 4 . 4 . 1979 , D. 1 .

1 . 5 . 79 No L 108 /45 Official Journal of the European Communities

ANNEX

to the Commission Regulation of 30 April 1979 fixing the world market price for colza and rape seed

(ECU / 100 kg)(')

CCT heading Description World market price No

ex 12.01 Colza and rape seed 22090

(ECU / 100 kv)(')

World market price where the subsidy CCT is fixed in advance for the month of heading Description No October May June July August September 1979 1979 1979 1979 1979 1979

ex 12.01 Colza and rape seed 22090 22-015 21-865 21-865 21-865 21-865

(') The conversion rates from ECU into national currency as foreseen by Article 9 (5) (a) of Regulation ( EEC) No 2300 /73 arc the following : 1 ECU = DM 2-51064 1 ECU - Fl 2-72077 1 ECU - Bfr/ Lfr 39-4582 1 ECU - FF 5-79831 1 ECU = Dkr 7.08592 1 ECU = 1 £ 0-662638 1 ECU = £ 0-640332 I ECU = Lit 1 118-21