23.7.77 OfficialJournaloftheEuropeanCommunities NoL184/7
COMMISSION REGULATION (EEC)No1648/77
of22July1977
fixingtheworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
1656/77(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/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats(1),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
of30June1977fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon25July
1977.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,22July1977.
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.
(«)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)Seepage34ofthisOfficialJournal .

NoL184/8 OfficialJournaloftheEuropeanCommunities 23.7.77
ANNEX
Worldmarketpriceapplicable from25July1977forcolzaandrapeseed(CCTheadingNo
ex12.01)
u.a./100kg('I
Worldmarketprice 21-140
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJuly1977 21140
—forthemonthofAugust1977 21-140
—forthemonthofSeptember 1977 21140
—forthemonthofOctober 1977 20-205
—forthemonthofNovember 1977 20-205
—forthemonthofDecember 1977 20-205
(J)Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.-DM 315665
1u.a.-Fl 3-35507
1u.a.-Bfr/Lfr48-6572
1u.a.-FF 6-63914
1u.a.=Dkr 8-13822
1u.a.-£ 0-798614
1u.a.=I£ 0-798614
1u.a.=Lit 1212-72