No L 227/12 Official Journal of the European Communities 7.9.79 COMMISSION REGULATION (EEC) No 1964/79 of 6 September 1979 amending for the third time Regulation (EEC) No 223/77 on provisions for the implementation of the Community transit procedure and for certain simplifica- tions of that procedure THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 222/77 of 13 December 1976 on Community transit (!), as amended by Regulation (EEC) No 983/79 (), and .in particular Article 57 thereof, Whereas Council Regulation (EEC) No 983/79 increased the amount of the flat-rate guarantee required under the flat-rate guarantee system from 5000 u.a. to 7000 EUA ; whereas it is therefore neces- sary to amend the relevant provisions of Commission Regulation (EEC) No 223/77 (%), as last amended by Regulation (EEC) No 526/79 (%); Whereas, by virtue of Article 32 (3) (c) of Regulation (EEC) No 222/77, it is necessary to determine the detailed rules for applying the exchange values in national currencies of the European unit of account; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Community Transit Committee, HAS ADOPTED THIS REGULATION : Article 1 Regulation (EEC) No 223/77 is hereby amended as follows : 1. In Articles 23 (2) and 24 (1), (2), (3) and (4), the words ‘7 000 European units of account’ shall be substituted for the words ‘S 000 units of account’. 2. The following paragraph § shall be added to Article 24: ‘5. The exchange value in a national currency of the amounts expressed in European units of account referred to in this Regulation shall be calculated by using the exchange rate in force on the first working day of the month of October, and shall be applied from 1 January of the following year. If a rate is not available for a particular national currency, the rate to be applied for that currency shall be that obtaining on the last day for which a rate was published. For the application of this pro- vision, the rates published in the Official Journal of the European Communities shall be used. The exchange value of the European unit of account to be used in applying the first subpara- graph shall be that which was applicable on the date on which the Community transit declaration covered by the flat-rate guarantee voucher or vouchers was registered.’ 3. Annex X shall be replaced by Annex A to this Regulation. 4. Annex XIII shall be replaced by Annex B to this Regulation. Article 2 This Regulation shall enter into force on 1 July 1980. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 6 September 1979. () OJ No L 38, 9. 2. 1977, p. 1. (2) OJ No L 123, 19. 5. 1979, p. 1. () OJ No L 38, 9. 2. 1977, p. 20. (*) OJ No L 74, 24. 3. 1979, p. 1. For the Commission Etienne DAVIGNON Member of the Commission