NoL302/44 OfficialJournaloftheEuropeanCommunities 26.11.77
COMMISSION REGULATION (EEC)No2606/77
of25November 1977
fixingtheworldmarketpriceforcolzaandrapeseed
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
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(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)No1443/77
of30June1977fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation (EEC)No
2605/77(8);
Whereas ,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchange basedon
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 shallenterintoforceon28
November 1977.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,25November 1977.
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.
(b)OJNoL143,10.6.1977,p.9.(7)OJNoL161,1.7.1977,p.31.
(8)Seepage42ofthisOfficialJournal .

26.11.77 OfficialJournaloftheEuropeanCommunities NoL302/45
ANNEX
Worldmarketpriceapplicable from28November 1977forcolzaandrapeseed(CCT
headingNoex12.01)
u.aJI00kg(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofNovember 1977
—forthemonthofDecember 1977
—forthemonthofJanuary1978
—forthemonthofFebruary1978
>—forthemonthofMarch1978
—forthemonthofApril197820.378
20.378
20.378
20.414
19.813
19.813
19.548
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
3.15665
3.35507
48.6572
6.76438
8.56656
0.765134
0.765134
1215.121u.a.=DM
1u.a.=Fl
Iu.a.=Bfr/Lfr
Iu.a.=FF
1u.a.=Dkr
1u.a.=£
1u.a.=I£
1u.a.=Lit