18.3.78 OfficialJournaloftheEuropeanCommunities NoL76/35
COMMISSION REGULATION (EEC)No560/78
of17March1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats(1),aslastamended byRegulation (EEC)No
2560/77(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamendedbyRegulation (EEC)No
1234/77(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No190/78
of31January1978fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation (EEC)
No559/78(8);
Whereas,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies ,anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiodin
relationtotheCommunity currencies referredto
intheprevioussubparagraph ;
Whereas,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation ,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon20March
1978.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,17March1978.
FortheCommission
FinnGUNDELACH
Vice-President
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL303,28.11.1977,p.1.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(<>)OJNoL143,10.6.1977,p.9.(7)OJNoL27,1.2.1978,p.24.
(8)Seepage33ofthisOfficialJournal.

NoL76/36 OfficialJournaloftheEuropean Communities 18.3.78
ANNEX
Worldmarketpriceapplicable from20March1978forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMarch1978
—forthemonthofApril1978
—forthemonthofMay1978
—forthemonthofJune1978
—forthemonthofJuly1978
—forthemonthofAugust197820.224
20.224
20-224
20.224
20.224
20.550
20.550
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing
1u.a.=DM
1u.a.=Fl
1u.a.—Bfr/Lfr
1u.a.■»FF
1u.a.•»Dkr
1u.a.—£
1u.a.-I£
1u.a.=Lit3.15665
3.35507
48.6572
7.37915
8.56656
0.792776
0.792776
131381