NoL123/16 OfficialJournaloftheEuropeanCommunities 17.5.77
COMMISSION REGULATION (EEC)No1022/77
of16May1977
fixingtheworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
1021/77(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiod,in
relationtotheCommunity currencies referredto
intheprevioussubparagraph ;
Whereas ,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation ,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization ofthemarketsinoilsand
fats('),aslastamended byRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measures forcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamended byRegulation (EEC)No
632/75(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No1713/76
of15July1976fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon17May
1977.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels,16May1977.
FortheCommission
FinnGUNDELACH
Vice-President
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(6)OJNoL66,13.3.1975,p.11.(7)OJNoL192,16.7.1976,p.17.
(8)Seepage14ofthisOfficialJournal .

17.5.77 OfficialJournaloftheEuropeanCommunities NoL123/17
ANNEX
Worldmarketpriceapplicable from17May1977forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100h(')
Worldmarketprice 27-410
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMay1977 27-410
—forthemonthofJune1977 27-410
—forthemonthofJuly1977 27-929
—forthemonthofAugust1977 27-929
—forthemonthofSeptember 1977 27-929
—forthemonthofOctober 1977 25-705
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM 3-15665
1u.a.=Fl 3-35507
1u.a.—Bfr/Lfr 48-6572
1u.a.—FF 6-70214
1u.a.—Dkr 8-13822
1u.a.—£ 0-784917
1u.a.—I£ 0784917
1u.a.—Lit 1197-28