31977R2024

14 . 9 . 77 No L 235/ 1 Official Journal of the European Communities

I

(Acts whose publication is obligatory)

COUNCIL REGULATION ( EEC) No 2024/77 of 13 September 1977 amending Regulation ( EEC) No 878 /77 as regards the exchange rate to be applied for the Danish kroner in the agricultural sector

THE COUNCIL OF THE EUROPEAN HAS ADOPTED THIS REGULATION : COMMUNITIES, Article 1 Having regard to the Treaty establishing the European In Article 2 ( 1 ), of Regulation (EEC) No 878/77, point Economic Community, (b) shall be replaced by the following : Having regard to Council Regulation No 129 on the '(b) for the Danish kroner : value of the unit of account and the exchange rates to 1 Danish kroner = 0-116733 unit of be applied for the purpose of the common agricultural account policy ( l), as last amended by Regulation (EEC) No Article 2 2543/73 (2), and in particular Article 3 thereof, The following paragraph shall be added to Article 2 of Having regard to the proposal from the Commission , Regulation ( EEC) No 878 /77 : Whereas Council Regulation (EEC) No 878 /77 of 26 '3 . The representative rate for the Danish April 1977 on the exchange rates to be supplied in kroner as fixed by Regulation ( EEC) No 2024/77 agriculture (3), as last amended by Regulation (EEC) shall be applicable from : No 1708/77 (4), fixed a representative rate for the (a) the dates referred to in paragraph 2 (d) and (e) Danish kroner ; whereas the movement of this for the products mentioned therein ; currency indicates the advisability of fixing a new (b) the beginning of the 1977/ 78 marketing year representative rate which reflects more closely the for the other products for which the marketing current economic situation ; whereas this rate should year has not commenced by 16 September be applied in principle on the dates when prices are 1977 ; changed ; (c) 16 September 1977 in all other cases.' Whereas the Monetary Committee will be consulted ; Article 3 whereas, in view of the urgency of the matter, the proposed measures should be adopted under the This Regulation shall enter into force on the day of its conditions laid down in Article 3 (2) of Regulation No publication in the Official Journal of the European 129, Communities.

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

Done at Brussels, 13 September 1977. For the Council The President A. HUMBLET

(!) 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 . (<) OJ No L 189, 29 . 7 . 1977, p . 7.