NoL322/18 OfficialJournaloftheEuropeanCommunities 16.11.78
COMMISSION REGULATION (EEC)No2679/78
of15November 1978
fixingtheworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation(EEC)No
2678/78(8);
Whereas,toenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon16
November1978.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketsinoilsand
fats(l),aslastamendedbyRegulation (EEC)No
1562/78(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
1234/77(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommissionRegulation (EEC)No1922/78
of9August1978fixingtheamountofthesubsidyon
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,15November1978.
FortheCommission
FinnGUNDELACH
Vice-President
(>)OJNo172,30.9,1966,p.3025/66.
(2)OJNoL185,7.7.1978,p.1.
(3)OJNoL167,25.7.1972,p.9.
(<)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(')OJNoL143,10.6.1977,p.9.(7)OJNoL219,10.8.1978,p.15.
(8)Seepage16ofthisOfficialJournal.

16.11.78 OfficialJournaloftheEuropeanCommunities NoL322/19
ANNEX
Worldmarketpriceapplicablefrom16November1978forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kg(l)
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofNovember1978
—forthemonthofDecember1978
—forthemonthofJanuary1979
—forthemonthofFebruary1979
—forthemonthofMarch1979
—forthemonthofApril197917-513
17.513
17-513
17.696
17.696
17.696
16.961
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing :
1u.a.-DM 3.03524
1u.a.-Fl 3.28928
1u.a.-Bfr/Lfr47.7031
1u.a.-FF 6.97496
1u.a.—Dkr 8.56656
1u.a.-£ 0.821598
1u.a.-I£0.821598
1u.a.—Lit 1355.50