Commission Regulation (EEC) No 334/80 of 13 February 1980 on transitional measures in the seeds setor as regards the application of the ECU under the common agricultural policy

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Commission Regulation (EEC) No 334/80 of 13 February 1980 on transitional measures in the seeds setor as regards the application of the ECU under the common agricultural policy Official Journal L 037 , 14/02/1980 P. 0014

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( 1 ) OJ NO L 84 , 4 . 4 . 1979 , P . 1 .

( 2 ) OJ NO L 161 , 29 . 6 . 1979 , P . 1 .

( 3 ) OJ NO L 165 , 22 . 6 . 1978 , P . 3 .

( 4 ) OJ NO L 325 , 21 . 12 . 1979 , P . 5 .

COMMISSION REGULATION ( EEC ) NO 334/80

OF 13 FEBRUARY 1980

ON TRANSITIONAL MEASURES IN THE SEEDS SECTOR AS REGARDS THE APPLICATION OF THE ECU UNDER THE COMMON AGRICULTURAL POLICY

THE COMMISSION OF THE EUROPEAN

COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 652/79 OF 29 MARCH 1979 ON THE IMPACT OF THE EUROPEAN MONETARY SYSTEM ON THE COMMON AGRICULTURAL POLICY ( 1 ), AS AMENDED BY REGULATION ( EEC ) NO 1264/79 ( 2 ), AND IN PARTICULAR ARTICLE 4 THEREOF ,

WHEREAS THE ECU WAS INTRODUCED INTO THE COMMON AGRICULTURAL POLICY BY REGULATION ( EEC ) NO 652/79 ; WHEREAS IT IS NECESSARY , FOR THE PURPOSE OF APPLYING THE ABOVE REGULATION , TO ADOPT IN THE SEEDS SECTOR TRANSITIONAL PROVISIONS IN ORDER TO FACILITATE THE CHANGEOVER TO THE NEW MONETARY SYSTEM ;

WHEREAS AID IN THE SEED SECTOR WAS FIXED IN UNITS OF ACCOUNT FOR THE 1978/79 AND 1979/80 MARKETING YEARS BY COUNCIL REGULATION ( EEC ) NO 1347/78 ( 3 ); WHEREAS , SUBSEQUENTLY , THE AMOUNTS FIXED IN UNITS OF ACCOUNT WERE EXPRESSED IN ECU AT THE TIME OF THE AMENDMENT OF THE LATTER REGULATION BY COUNCIL REGULATION ( EEC ) NO 2879/79 ( 4 ); WHEREAS CERTAIN AMOUNTS OBTAINED WHEN CONVERTING INTO NATIONAL CURRENCY AMOUNTS FIXED IN UNITS OF ACCOUNT AND MULTIPLIED BY THE COEFFICIENT IN ARTICLE 1 OF REGULATION ( EEC ) NO 652/79 DO NOT CORRESPOND EXACTLY TO THE AMOUNTS WHICH ARE OBTAINED BY CONVERTING INTO NATIONAL CURRENCY THE AMOUNTS EXPRESSED IN ECU ;

WHEREAS THE CHANGEOVER FROM THE PREVIOUS SYSTEM TO THE ECU SYSTEM SHOULD NOT ENTAIL ALTERATIONS TO THE AMOUNTS EXPRESSED IN NATIONAL CURRENCY ; WHEREAS THE ABOVE DIFFERENCES ARE DUE TO CERTAIN ROUNDINGS-UP ; WHEREAS THESE DIFFERENCES COULD CREATE DIFFICULTIES IN SOME CASES ; WHEREAS , IN ORDER TO AVOID SUCH DIFFICULTIES , IT SHOULD BE LAID DOWN THAT , FOR A TRANSITIONAL PERIOD COVERING THE 1979/80 MARKETING YEAR , THE AMOUNTS OF THE AID SHOULD REMAIN , IN NATIONAL CURRENCY , THE AMOUNTS VALID ON 1 AUGUST 1979 , THE DATE ON WHICH OCCURRED THE EVENT GRANTING ENTITLEMENT TO AID FOR THE MARKETING YEAR IN QUESTION ;

WHEREAS THE MEASURES PROVIDED FOR IN THIS REGULATION ARE IN ACCORDANCE WITH THE OPINION OF THE MANAGEMENT COMMITTEE ON SEEDS ,

HAS ADOPTED THIS REGULATION :

Article1¶

THE AMOUNTS OF AID GRANTED IN THE SEEDS SECTOR FOR THE 1979/80 MARKETING YEAR AND FIXED BY REGULATION ( EEC ) NO 1347/78 SHALL BE , IN NATIONAL CURRENCY , THE AMOUNTS VALID ON 1 AUGUST 1979 .

Article2¶

THIS REGULATION SHALL ENTER INTO FORCE ON THE DAY OF ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 13 FEBRUARY 1980 .

FOR THE COMMISSION

FINN GUNDELACH

VICE-PRESIDENT