6.11.76 OfficialJournaloftheEuropeanCommunities NoL304/13
COMMISSION REGULATION (EEC)No2694/76
of5November 1976
determiningtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/
66/EECof22September1966ontheestablishment
ofacommonorganizationofthemarketsinoilsand
fats(!),aslastamendedbyRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(4),
HavingregardtoCommissionRegulation(EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferentialamountsforcolzaand
rapeseedandrepealingRegulation (EEC)No
1464/73(5),aslastamendedbyRegulation(EEC)No
632/75(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,pursuanttoArticle9(4)ofRegulation(EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommissionRegulation (EEC)No1713/76
of15July1976fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation(EEC)No
2693/76(8);
Whereastoenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation(EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshowninthetableannexedtothisRegulation.
Article2
ThisRegulationshallenterintoforceon8November
1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,5November1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(i)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(})OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
MOJNoL66,13.3.1975,p.11.(7)OJNoL192,16.7.1976,p.17.
(8)Seepage11ofthisOfficialJournal.

NoL304/14 OfficialJournaloftheEuropeanCommunities 6.11.76
ANNEX
Worldmarketpriceapplicablefrom8November1976forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kg(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofNovember1976
—forthemonthofDecember1976
—forthemonthofJanuary1977
—forthemonthofFebruary1977
—forthemonthofMarch1977
—forthemonthofApril197720.485
20.485
21.624
21.624
21.927
21.927
21.244
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing:
1u.a.—DM 315665
1u.a.—F1 3.35507
1u.a.—Bfr/Lfr486572
1u.a.—FF 6.64086
1u.a.—Dkr 7.89407
1u*.—£0.834293
tu.a.»I£0.834293
1u.a.—Lit 1141.31