Council Regulation (EEC) No 2717/79 of 3 December 1979 amending, with respect to the Danish kroner, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture
2717/79 • 31979R2717
Legal Acts - Regulations
- 10 Inbound citations:
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- 2 Cited paragraphs:
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- 11 Outbound citations:
Avis juridique important
Council Regulation (EEC) No 2717/79 of 3 December 1979 amending, with respect to the Danish kroner, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture Official Journal L 309 , 05/12/1979 P. 0001 - 0001 Greek special edition: Chapter 03 Volume 27 P. 0060
**** ( 1 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 . ( 2 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 . ( 3 ) OJ NO L 106 , 29 . 4 . 1977 , P . 27 . ( 4 ) OJ NO L 246 , 29 . 9 . 1979 , P . 76 . COUNCIL REGULATION ( EEC ) NO 2717/79 OF 3 DECEMBER 1979 AMENDING , WITH RESPECT TO THE DANISH KRONER , REGULATION ( EEC ) NO 878/77 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE THE COUNCIL OF THE EUROPEAN COMMUNITIES , HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , HAVING REGARD TO COUNCIL REGULATION NO 129 ON THE VALUE OF THE UNIT OF ACCOUNT AND THE EXCHANGE RATES TO BE APPLIED FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2543/73 ( 2 ), AND IN PARTICULAR ARTICLE 3 THEREOF , HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION , WHEREAS THE REPRESENTATIVE RATES CURRENTLY APPLICABLE WERE FIXED BY COUNCIL REGULATION ( EEC ) NO 878/77 OF 26 APRIL 1977 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE ( 3 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2139/79 ( 4 ); WHEREAS WITH EFFECT FROM 30 NOVEMBER 1979 A CHANGE IN THE CENTRAL RATE OF THE DANISH KRONER HAS OCCURRED WITHIN THE EUROPEAN MONETARY SYSTEM ; WHEREAS THIS CHANGE THEORETICALLY INVOLVES THE INTRODUCTION OF MONETARY COMPENSATORY AMOUNTS IN DENMARK ; WHEREAS IT IS POSSIBLE TO AVOID THIS EFFECT BY MAKING A CORRESPONDING CHANGE IN THE REPRESENTATIVE RATE OF THE DANISH KRONER ; WHEREAS THIS RATE MUST BE ADOPTED IMMEDIATELY IN ORDER TO AVOID THE INTRODUCTION OF MONETARY COMPENSATORY AMOUNTS IN DENMARK ; WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED AND WHEREAS , IN VIEW OF THE URGENCY , IT IS NECESSARY TO ADOPT THE MEASURES ENVISAGED UNDER THE CONDITIONS PROVIDED FOR IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 , HAS ADOPTED THIS REGULATION : ARTICLE 1 THE FOLLOWING SUBPARAGRAPH IS ADDED TO PARAGRAPH 8 OF ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 : ' THIS REPRESENTATIVE RATE IS REPLACED BY THAT OF 1 DANISH KRONER À 0.129477 ECU WITH EFFECT FROM : - 1 JANUARY 1980 IN THE FISHERIES SECTOR , - 5 DECEMBER 1979 IN ALL OTHER CASES . ' ARTICLE 2 THIS REGULATION SHALL ENTER INTO FORCE ON 5 DECEMBER 1979 . THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES . DONE AT BRUSSELS , 3 DECEMBER 1979 . FOR THE COUNCIL THE PRESIDENT B . LENIHAN
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( 1 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 .
( 2 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 .
( 3 ) OJ NO L 106 , 29 . 4 . 1977 , P . 27 .
( 4 ) OJ NO L 246 , 29 . 9 . 1979 , P . 76 .
COUNCIL REGULATION ( EEC ) NO 2717/79
OF 3 DECEMBER 1979
AMENDING , WITH RESPECT TO THE DANISH KRONER , REGULATION ( EEC ) NO 878/77 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE
THE COUNCIL OF THE EUROPEAN
COMMUNITIES ,
HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,
HAVING REGARD TO COUNCIL REGULATION NO 129 ON THE VALUE OF THE UNIT OF ACCOUNT AND THE EXCHANGE RATES TO BE APPLIED FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2543/73 ( 2 ), AND IN PARTICULAR ARTICLE 3 THEREOF ,
HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,
WHEREAS THE REPRESENTATIVE RATES CURRENTLY APPLICABLE WERE FIXED BY COUNCIL REGULATION ( EEC ) NO 878/77 OF 26 APRIL 1977 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE ( 3 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2139/79 ( 4 );
WHEREAS WITH EFFECT FROM 30 NOVEMBER 1979 A CHANGE IN THE CENTRAL RATE OF THE DANISH KRONER HAS OCCURRED WITHIN THE EUROPEAN MONETARY SYSTEM ; WHEREAS THIS CHANGE THEORETICALLY INVOLVES THE INTRODUCTION OF MONETARY COMPENSATORY AMOUNTS IN DENMARK ; WHEREAS IT IS POSSIBLE TO AVOID THIS EFFECT BY MAKING A CORRESPONDING CHANGE IN THE REPRESENTATIVE RATE OF THE DANISH KRONER ;
WHEREAS THIS RATE MUST BE ADOPTED IMMEDIATELY IN ORDER TO AVOID THE INTRODUCTION OF MONETARY COMPENSATORY AMOUNTS IN DENMARK ;
WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED AND WHEREAS , IN VIEW OF THE URGENCY , IT IS NECESSARY TO ADOPT THE MEASURES ENVISAGED UNDER THE CONDITIONS PROVIDED FOR IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 ,
HAS ADOPTED THIS REGULATION :
ARTICLE 1
THE FOLLOWING SUBPARAGRAPH IS ADDED TO PARAGRAPH 8 OF ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 :
' THIS REPRESENTATIVE RATE IS REPLACED BY THAT OF 1 DANISH KRONER À 0.129477 ECU WITH EFFECT FROM :
- 1 JANUARY 1980 IN THE FISHERIES SECTOR ,
- 5 DECEMBER 1979 IN ALL OTHER CASES . '
ARTICLE 2
THIS REGULATION SHALL ENTER INTO FORCE ON 5 DECEMBER 1979 .
THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .
DONE AT BRUSSELS , 3 DECEMBER 1979 .
FOR THE COUNCIL
THE PRESIDENT
B . LENIHAN