NoL87/20 OfficialJournaloftheEuropean Communities 5.4.77
COMMISSION REGULATION (EEC)No716/77
of4April1977
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats(1),aslastamended byRegulation (EEC)No
I707/73oilseeds(7),aslastamended byRegulation (EEC)No
715/77(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment ,
withinabandof2-2S%,arateofexchange based
ontheireffectiveparity;
—forothercurrencies anexchange ratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiod,in
relationtotheCommunity currencies referredto
intheprevioussubparagraph ;
Whereas ,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation ,
HASADOPTED THISREGULATION :
Ar/iilc1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
/1rti\/i2
ThisRegulation shallenterintoforceon5AprilHavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measures forcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(<),
HavingregardtoCommission Regulation (EEC)No
2300/7}of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73('),aslastamended byRegulation (EEC)No
632/75("),andinparticular Article9(4)thereof,
Havingregardtotheopinion oftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereas theworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No1713/76
ofIS|nIv1976fixingtheamountofthesubsidyon1977.
ThisRegulation shallbebindinginitsentiretyanddirectlvapplicable inallMember
States .
DoneatBrussels ,4April1977.
l:orthe
FinnGUNDF.l.ACH
I'HC-I'KMt/(III
')OlNoP2.*0.4.IV66,p.302V66.
)O'lNoI.P\29.6.197Vp.v
•)O'lNoI.UP,2v7,|v72,p.V.
•)O'lNoLIP,2K.12.197},p.6.
-)O'lNoI.2Vv24.S.|9"M,p.2N.
")O|No1.(->(>,IvVI\p.II.()0|No1.192,16.7.1976,p.17.
(s)SeepageISofthisOfficialJournal .

5.4.77 OfficialJournaloftheEuropean Communities NoL87/21
ANNEX
Worldmarketpriceapplicable from5April1977forcolzaandrapeseed(CCTheading
Noex12.01)
worldmarketprice 25-9.30
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofApril1977 25-9.30
—forthemonthofMay1977 25-930
—forthemonthofJune1977 25-855
—forthemonthofJuly1977 25-885
—forthemonthofAugust1977 25-200
—forthemonthofSeptember 1977 2.5-275
(')Theconversion ratesfromunitsofaccountintonationalcurrency asforemen !»\Articlev(s)(d)ofRegulation (EEC)No2100/71
arethefollowing :
Iu.a.=
Iu.a.=
Iu.a.=
Iu.a.—
1u.a.=
1u.a.=
Iu.a.=DM 3.15665
Fl /3.35507 7
Bfr/Lfr48-6S'72
FF 6-6M74
Dkr 7.89407 7
i: 0-77572i
I1' 0-7?572*
Lit 1180-71