NoL342/18 OfficialJournaloftheEuropeanCommunities 7.12.78
COMMISSION REGULATION (EEC)No2881/78
of6December 1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization ofthemarketsinoilsand
fats(*),aslastamended byRegulation (EEC)No
1562/78(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No852/78(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)No1922/78
of9August1978fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation (EEC)No
2880/78(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 shallenterintoforceon7December
1978.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,6December 1978.
FortheCommission
FinnGUNDELACH
Vice-President
(•)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL185,7.7.1978,p.1.
Q)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 .

7.12.78 NoL342/19 OfficialJournaloftheEuropeanCommunities
ANNEX
Worldmarketpriceapplicable from7December 1978forcolzaandrapeseed(CCT
headingNoex12.01)
n.a./100kg(1)
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofDecember 1978
—forthemonthofJanuary1979
—forthemonthofFebruary1979
—forthemonthofMarch1979
—forthemonthofApril1979
—forthemonthofMay197918-278
18-278
18-215
18-215
18-215
17-324
17-324
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM
1u.a.=F1
1u.a.=Bfr/Lfr
Iu.a.=FF
1u.a.=Dkr
1u.a.=f
1u.a.=1J
1u.a.=Lit3-03524
3-28928
47-7031
6-97496
8-56656
0-814604
0-814604
I355-50