31980R2246

No L 225/20 Official Journal of the European Communities 28 . 8 . 80

COMMISSION REGULATION (EEC) No 2246/80 of 27 August 1980 fixing the world market price for colza and rape seed

THE COMMISSION OF THE EUROPEAN oil seeds (7), as last amended by Regulation (EEC) No COMMUNITIES, 2245/80 (8) ;

Having regard to the Treaty establishing the European Whereas, if the price system is to operate normally, Economic Community, the world market price should be calculated on the following basis : Having regard to Council Regulation No 136/66/EEC — in the case of currencies which are maintained in of 22 September 1966 on the establishment of a common organization of the markets in oils and relation to each other at any given moment within fats (1), as last amended by Regulation (EEC) No a band of 2-25 % , a rate of exchange based on 1917/80 (2); their effective parity ; — for other currencies, an exchange rate based on the Having regard to Council Regulation (EEC) No arithmetic mean of the spot market rates of each 1569/72 of 20 July 1972 laying down special of these currencies recorded for a given period in measures for colza and rape seed (3), as last amended relation to the Community currencies referred to by Regulation (EEC) No 852/78 {*), in the previous indent ; Having regard to Commission Regulation (EEC) No Whereas it follows from applying these provisions 2300/73 of 23 August 1973 laying down detailed that the world market price for colza and rape seed rules for applying differential amounts for colza and should be as set out in the Annex hereto, rape seed and repealing Regulation (EEC) No 1464/73 (5), as last amended by Regulation (EEC) No 1 1 62/80 (6), and in particular Article 9 (4) thereof, HAS ADOPTED THIS REGULATION :

Having regard to the opinion of the Monetary Article 1 Committee, The world market price referred to in Article 9(4) of Whereas, pursuant to Article 9 (4) of Regulation (EEC) No 2300/73, the Commission must determine the Regulation (EEC) No 2300/73 shall be as set out in the Annex hereto . world market price for colza and rape seed ;

Whereas the world market price should be deter­ Article 2 mined in accordance with the rules and the criteria set out in Commission Regulation (EEC) No 2053/80 This Regulation shall enter into force on 28 August 1980 . of 31 July 1980 fixing the amount of the subsidy on

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

Done at Brussels, 27 August 1980 .

For the Commission

Finn GUNDELACH

Vice-President

(>) OJ No 172, 30. 9. 1966, p. 3025/66. (2) OJ No L 186, 19. 7. 1980, p. 1 . (») OJ No L 167, 25. 7. 1972, p. 9. («) OJ No L 116, 28 . 4. 1978 , p. 6. (») OJ No L 236, 24. 8 . 1973, p. 28 . O OJ No L 200, 1 . 8 . 1980, p. 44. (') OJ No L 118, 9. 5. 1980, p. 25. (8) See page 18 of this Official Journal.

28 . 8 . 80 Official Journal of the European Communities No L 225/21

ANNEX

to the Commission Regulation of 27 August 1980 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 21.848

(ECU / 100 kg) (>)

World market price where the subsidy is fixed in advance CCT for the month of heading Description No October November December August September January February 1980 1980 1980 1980 1980 1981 1981

ex 12.01 21.848 21.848 22.274 22.700 23.268 23-978 23.978 Colza and rape seed

(*) The conversion rates from ECU into currency as foreseen by Article 9 (5) (a) of Regulation No 2300/73 are the following : 1 ECU - DM 2.48208 1 ECU - F1 2.74362 1 ECU = Bfr/ Lfr 39.7897 1 ECU - FF 5.84700 1 ECU = Dkr 7.72336 1 ECU - I £ 0.668201 1 ECU - £ 0.593912 1 ECU - Lit 1 181.46