25.1.79 OfficialJournaloftheEuropeanCommunities NoL18/13
COMMISSION REGULATION (EEC)No122/79
of24January 1979
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
measures forcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No852/78(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamended byRegulation (EEC)No
1234/77(6),andinparticular Article9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No3048/78
of22December 1978fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation
(EEC)No121/79(8);
Whereas ,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchange basedon
theireffectiveparity;
—forothercurrencies ,anexchange ratebasedonthe
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 .
Article 2
ThisRegulation shallenterintoforceon25January
1979.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,24January1979.
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.
(4)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(6)OJNoL143,10.6.1977,p.9.(7)OJNoL361,23.12.1978,p.18.
(8)Seepage11ofthisOfficialJournal .

NoL18/14 OfficialJournaloftheEuropean Communities 25.1.79
ANNEX
Worldmarketpriceapplicable from25January1979forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100*»(>)
18.090
18.090
18.090
18.090
17.149
17.149
17.089worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJanuary1979
1—forthemonthofFebruary 1979
—forthemonthofMarch1979
—forthemonthofApril1979
—forthemonthofMay1979
—forthemonthofJune1979
(■)Iheconversion rate-,fromunitsutaccountintonationalcurrency asforeseenbyArticle9(S)(a)otRegulation (EEC)No2WO/'"7.?
aretilefollowing :
Iu.a.=DM
1u.a.^Fl
1u.a.=Bfr/Lfr
Iu.a.=I-"!'"
1u.a.-Dkr
ILi.a.=II
Iu.a.=litMU>24
3.28928
47.7031
8.56656
082248 1
0.82248 3
1375.42