NoL246/44 OfficialJournaloftheEuropean Communities 20.9.75
REGULATION (EEC)No2407/75OFTHECOMMISSION
of19September 1975
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ;
HavingregardtoCouncilRegulation No136/
66/EECC)of22September 1966ontheestablish­
mentofacommonorganization ofthemarketsinoils
andfats,aslastamended byRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamended by
Regulation (EEC)No3477/73(4);
HavingregardtoCommission Regulation (EEC)No
2300/73(5)of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73,aslastamended byRegulation (EEC)No
632/75(6),andinparticularArticle9(4)thereof;
HavingregardtotheOpinion oftheMonetary
Committee ;
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No
1662/75(7)of30June1975fixingtheamountofthesubsidyonoilseeds,aslastamended byRegulation
(EEC)No2406/75(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 ,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon22
September 1975.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,19September 1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
')OJNo172,30.9.1966,p.3025/66.
2)OJNoL175,29.6.1973,p.5.
3)OJNoL167,25.7.1972,p.9.
■•)OJNoL357,28.12.1973,p.6.
5)OJNoL236,24.8.1973,p.28.
o)OJNoL66,13.3.1975,p.11.
7)OJNoL168,1.7.1975,p.33. (8)Seepage42ofthisOfficialJournal .

20.9.75 OfficialJournaloftheEuropeanCommunities NoL246/45
ANNEX
Worldmarketpriceapplicable from22September 1975forcolzaandrapeseed(CCT
.headingNoex12.01)
u.uJIOOkg(')
Worldmarketprice 23-758
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofSeptember 1975 23-758
—forthemonthofOctober 1975 23-758
—forthemonthofNovember 1975 23-758
—forthemonthofDecember 1975 23-758
—forthemonthofJanuary1976 24-475
—forthemonthofFebruary1976 24-316
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
Iu.a.=DM 3-21978
1u.a.-F1 3-35507
1u.a.=Bfr/Lfr48-6572
1u.a.-FF 5-55419
1u.a.-Dkr 7-57828
1u.a.-£ 0-599621
1u.a.-I£ 0-599621
1u.a.-Lit 843-505