Council Regulation (EEC) No 1011/80 of 23 April 1980 amending Regulation (EEC) No 652/79 on the impact of the European monetary system on the common agricultural policy
1011/80 • 31980R1011
Legal Acts - Regulations
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Council Regulation (EEC) No 1011/80 of 23 April 1980 amending Regulation (EEC) No 652/79 on the impact of the European monetary system on the common agricultural policy Official Journal L 108 , 26/04/1980 P. 0003
**** ( 1 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 . ( 2 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 . ( 3 ) OJ NO C 81 , 1 . 4 . 1980 , P . 3 . ( 4 ) OJ NO C 97 , 21 . 4 . 1980 , P . 44 . ( 5 ) OJ NO L 84 , 4 . 4 . 1979 , P . 1 . ( 6 ) OJ NO L 161 , 29 . 6 . 1979 , P . 1 . COUNCIL REGULATION ( EEC ) NO 1011/80 OF 23 APRIL 1980 AMENDING REGULATION ( EEC ) NO 652/79 ON THE IMPACT OF THE EUROPEAN MONETARY SYSTEM ON THE COMMON AGRICULTURAL POLICY THE COUNCIL OF THE EUROPEAN COMMUNITIES , HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLES 28 , 43 AND 235 THEREOF , 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 TO ARTICLE 3 THEREOF , HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ( 3 ), HAVING REGARD TO THE OPINION OF THE EUROPEAN PARLIAMENT ( 4 ), WHEREAS REGULATION ( EEC ) NO 652/79 ( 5 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 1264/79 ( 6 ), INTRODUCED THE EUROPEAN MONETARY SYSTEM INTO THE COMMON AGRICULTURAL POLICY FOR A PERIOD ENDING 31 MARCH 1980 ; WHEREAS THE EXPERIENCE GAINED FROM THE APPLICATION OF THAT REGULATION UNTIL 31 MARCH 1980 IS SUCH THAT THE REGULATION MAY BE EXTENDED UNTIL 30 JUNE 1980 ; WHEREAS , HOWEVER , ON THIS OCCASION A MORE HOMOGENOUS SYSTEM SHOULD BE INTRODUCED WITH REGARD TO THE FRANCHISES ADOPTED FOR CALCULATING THE MONETARY COMPENSATORY AMOUNTS , HAS ADOPTED THIS REGULATION : ARTICLE 1 WITH EFFECT FROM 1 APRIL 1980 THE DATE ' 31 MARCH 1980 ' APPEARING IN THE SECOND SUBPARAGRAPH OF ARTICLE 5 OF REGULATION ( EEC ) NO 652/79 , SHALL BE REPLACED BY ' 30 JUNE 1980 ' , WITHOUT THE INDIVIDUAL RIGHTS ACQUIRED BY OPERATORS BEING THEREBY AFFECTED . ARTICLE 2 WITH EFFECT FROM 28 APRIL 1980 , POINT ( B ) OF ARTICLE 3 OF REGULATION ( EEC ) NO 652/79 SHALL BE REPLACED BY THE FOLLOWING : ' ( B ) IN ARTICLE 2 , THE FOLLOWING PARAGRAPH SHALL BE INSERTED : ' ' 1A . HOWEVER : ( A ) THE PERCENTAGE OR THE AVERAGE OF THE PERCENTAGES REFERRED TO IN PARAGRAPH 1 SHALL BE REDUCED : - BY 1.50 POINTS IN THE CASE OF MEMBER STATES APPLYING MONETARY COMPENSATORY AMOUNTS LEVIED ON EXPORT AND GRANTED ON IMPORT , - BY ONE POINT IN THE CASE OF MEMBER STATES APPLYING MONETARY COMPENSATORY AMOUNTS LEVIED ON IMPORT AND GRANTED ON EXPORT . WITH REGARD TO MEMBER STATES WHICH MAINTAIN THEIR CURRENCIES WITHIN A MAXIMUM RANGE AT ANY GIVEN MOMENT OF 2.25 % OF ONE ANOTHER , THE ONE POINT REDUCTION SHALL APPLY ONLY AS FROM THE TIME WHEN THE CURRENCY CONCERNED IS REVALUED AFTER THE ENTRY INTO FORCE OF REGULATION ( EEC ) NO 652/79 ; IT SHALL BE LIMITED TO THE EFFECT OF THE REVALUATION ; ( B ) THE PERCENTAGE OF ONE SHALL BE APPLIED AS LONG AS , AFTER THE DEDUCTION OF ONE OR OF 1.50 POINTS , AS THE CASE MAY BE , THE RESULT OBTAINED IS LESS THAN 1.1 AND MORE THAN 0 ' ' . ' ARTICLE 3 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 , 23 APRIL 1980 . FOR THE COUNCIL THE PRESIDENT G . MARCORA
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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 C 81 , 1 . 4 . 1980 , P . 3 .
( 4 ) OJ NO C 97 , 21 . 4 . 1980 , P . 44 .
( 5 ) OJ NO L 84 , 4 . 4 . 1979 , P . 1 .
( 6 ) OJ NO L 161 , 29 . 6 . 1979 , P . 1 .
COUNCIL REGULATION ( EEC ) NO 1011/80
OF 23 APRIL 1980
AMENDING REGULATION ( EEC ) NO 652/79 ON THE IMPACT OF THE EUROPEAN MONETARY SYSTEM ON THE COMMON AGRICULTURAL POLICY
THE COUNCIL OF THE EUROPEAN
COMMUNITIES ,
HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLES 28 , 43 AND 235 THEREOF ,
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 TO ARTICLE 3 THEREOF ,
HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ( 3 ),
HAVING REGARD TO THE OPINION OF THE EUROPEAN PARLIAMENT ( 4 ),
WHEREAS REGULATION ( EEC ) NO 652/79 ( 5 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 1264/79 ( 6 ), INTRODUCED THE EUROPEAN MONETARY SYSTEM INTO THE COMMON AGRICULTURAL POLICY FOR A PERIOD ENDING 31 MARCH 1980 ;
WHEREAS THE EXPERIENCE GAINED FROM THE APPLICATION OF THAT REGULATION UNTIL 31 MARCH 1980 IS SUCH THAT THE REGULATION MAY BE EXTENDED UNTIL 30 JUNE 1980 ;
WHEREAS , HOWEVER , ON THIS OCCASION A MORE HOMOGENOUS SYSTEM SHOULD BE INTRODUCED WITH REGARD TO THE FRANCHISES ADOPTED FOR CALCULATING THE MONETARY COMPENSATORY AMOUNTS ,
HAS ADOPTED THIS REGULATION :
ARTICLE 1
WITH EFFECT FROM 1 APRIL 1980 THE DATE ' 31 MARCH 1980 ' APPEARING IN THE SECOND SUBPARAGRAPH OF ARTICLE 5 OF REGULATION ( EEC ) NO 652/79 , SHALL BE REPLACED BY ' 30 JUNE 1980 ' , WITHOUT THE INDIVIDUAL RIGHTS ACQUIRED BY OPERATORS BEING THEREBY AFFECTED .
ARTICLE 2
WITH EFFECT FROM 28 APRIL 1980 , POINT ( B ) OF ARTICLE 3 OF REGULATION ( EEC ) NO 652/79 SHALL BE REPLACED BY THE FOLLOWING :
' ( B ) IN ARTICLE 2 , THE FOLLOWING PARAGRAPH SHALL BE INSERTED :
' ' 1A . HOWEVER :
( A ) THE PERCENTAGE OR THE AVERAGE OF THE PERCENTAGES REFERRED TO IN PARAGRAPH 1 SHALL BE REDUCED :
- BY 1.50 POINTS IN THE CASE OF MEMBER STATES APPLYING MONETARY COMPENSATORY AMOUNTS LEVIED ON EXPORT AND GRANTED ON IMPORT ,
- BY ONE POINT IN THE CASE OF MEMBER STATES APPLYING MONETARY COMPENSATORY AMOUNTS LEVIED ON IMPORT AND GRANTED ON EXPORT . WITH REGARD TO MEMBER STATES WHICH MAINTAIN THEIR CURRENCIES WITHIN A MAXIMUM RANGE AT ANY GIVEN MOMENT OF 2.25 % OF ONE ANOTHER , THE ONE POINT REDUCTION SHALL APPLY ONLY AS FROM THE TIME WHEN THE CURRENCY CONCERNED IS REVALUED AFTER THE ENTRY INTO FORCE OF REGULATION ( EEC ) NO 652/79 ; IT SHALL BE LIMITED TO THE EFFECT OF THE REVALUATION ;
( B ) THE PERCENTAGE OF ONE SHALL BE APPLIED AS LONG AS , AFTER THE DEDUCTION OF ONE OR OF 1.50 POINTS , AS THE CASE MAY BE , THE RESULT OBTAINED IS LESS THAN 1.1 AND MORE THAN 0 ' ' . '
ARTICLE 3
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 , 23 APRIL 1980 .
FOR THE COUNCIL
THE PRESIDENT
G . MARCORA