NoL5/26 OfficialJournaloftheEuropean Communities 10.1.76
COMMISSION REGULATION (EEC)No37/76
of9January1976
determining theworldmarketpriceforcolzaandrapeseed
onoilseeds(7),aslastamendedbyRegulation (EEC)
No36/76(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/EECof22September 1966ontheestablishment
ofacommonorganization 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),andinparticular Article9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No2651/75
of17October1975fixingtheamountofthesubsidyHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon12January
1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,9January1976.
FortheCommission
Vice-President
CarloSCARASCIA MUGNOZZA
(')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.
(7)OJ.NoL269,18.10.1975,p.37. (5)OJNoL236,24.8.1973,p.28.
(<•)OJNoL66,13.3.1975,p.11. (8)Seepage24ofthisOfficialJournal .

10.1.76 NoL5/27 OfficialJournaloftheEuropeanCommunities
ANNEX
Worldmarketpriceapplicable from12January1976forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kv(')
Worldmarketprice 17-298
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJanuary1976 17-298
—forthemonthofFebruary1976 17-298
—forthemonthofMarch1976 17-459
—forthemonthofApril1976 17-951
—forthemonthofMay1976 17-951
—forthemonthofJune1976 17-789
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM 3-21978
1u.a.=Fl 3-35507
1u.a.Bfr/Lfr48-6572
1u.a.=FF 5-55419
1u.a.=Dkr 7-57828
1u.a.=£ 0-61332
1u.a.=I£ 0-61332
1u.a.=Lit 844-288