18.4.80 OfficialJournaloftheEuropeanCommunities NoL101/43
COMMISSION REGULATION (EEC)No953/80
of17April1980
fixingtheworldmarketpriceforcolzaandrapeseed
—theapplicationofthecommonagriculturalpolicy,
—thespecialtradearrangementsforgoodsresulting
fromtheprocessingofagriculturalproducts;
WhereastheperiodofvalidityoftheaforesaidRegula­
tionwaslimitedto31March1980;whereasithasnot
beenpossibleforaprolongationofthosearrange­
ments,proposedbytheCommission ,tobeadoptedin
timebytheCouncil;whereas,inordertoavoida
breakinthearrangementsresulting,inparticular,in
alterationsinthelevelofpricesandofotheramounts
innationalcurrency,itappearsnecessary,inthe
manifestpublicinterest,asaprecautionarymeasure
andpendingafinaldecisiononthematterbythe
Council,tocontinuetheapplicationofthearrange­
mentsintheirpresentform;
Whereas,ifthepricesystemistooperatenormally,
theworldmarketpriceshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
11itfollowsfromapplyingtheseprovisionsthatthe
worldmarketpriceforcolzaandrapeseedshouldbe
assetoutintheAnnexhereto,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketsinoilsand
fats(1),aslastamendedbyRegulation (EEC)No
590/79(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation(EEC)No852/78(4),
HavingregardtoCommissionRegulation(EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferentialamountsforcolzaand
rapeseedandrepealingRegulation (EEC)No
1464/73(5),aslastamendedbyRegulation(EEC)No
336/80(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,pursuanttoArticle9(4)ofRegulation(EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommissionRegulation(EEC)No620/80
of13March1980fixingtheamountofthesubsidyon
oilseeds(7),aslastamendedbyRegulation(EEC)No
952/80(8);
WhereasCouncilRegulation(EEC)No652/79of29
March1979ontheimpactoftheEuropeanmonetary
systemonthecommonagriculturalpolicy(9),as
amendedbyRegulation(EEC)No1264/79(10),intro­
ducedtheECUintothecommonagriculturalpolicy;
whereas,sincethattime,pursuanttoexistingprovi­
sions,theECUhasbeentakenintoaccountinthe
fixingofamountsrelatingto:HASADOPTEDTHISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation(EEC)No2300/73shallbeassetoutin
theAnnexhereto. (')OJNo172,30.9.1966,p.3025/66.
2)OJNoL78,30.3.1979,p.1.
3)OJNoL167,25.7.1972,p.9.
<)OJNoL116,28.4.1978,p.6.
5)OJNoL236,24.8.1973,p.28.
*)OJNoL37,14.2.1980,p17.
7)OJNoL68,14.3.1980,p.16.
8)Seepage41ofthisOfficialJournal.
9)OJNoL84,4.4.1979,p.1.
10)OJNoL161,29.6.1979,p.1.Article2
ThisRegulationshallenterintoforceon18April
1980.

NoL101/44 OfficialJournaloftheEuropeanCommunities 18.4.80
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,17April1980.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof17April1980fixingtheworldmarketpriceforcolza
andrapeseed
(ECU/100kg)(')
CCT
heading
NoDescription Worldmarketprice
ex12.01Colzaandrapeseed 19-639
(/:(.!>/100
CCT
heading
NoDescriptionWorldmarketpricewherethesubsidy
isfixedinadvanceforthemonthof
April
1980May
1980June
1980July
1980August
1980September
1980
ex12.01Colzaandrapeseed19-63919-63919-50719-65820-43120-808
(')TheconversionratesfromECUintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73arcthefollowing :
IECU-DM 2-48208
IECU-Fl 2.74362
IECU-Bfr/Lfr397897
1ECU-FP 584700
1ECU-Dkr 772336
1ECU-I£0-668201
1ECU-£ 0-596178
IECU-LitI148-14