7.4.78 OfficialJournaloftheEuropean Communities NoL93/21
COMMISSION REGULATION (EEC)No692/78
of6April1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats('),aslastamended byRegulation (EEC)No
2560/77(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
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)No190/78
of31January1978fixingtheamountofthesubsidyonoilseeds(7),aslastamended byRegulation (EEC)
No691/78(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 :
ArticIt1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon7April
1978.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels ,6April1978.
FortheCommission
FinnGUNDELACH
Vice-President
(')OJNo172,30.9.1966,p.3025/66
(2)OJNoL303,28.11.1977,p.1.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(6)OJNoL143,10.6.1977,p.9.(7)OJNoL27,1.2.1978,p.24.
(s)Secpage19ofthisOfficialJournal .

NoL93/22 OfficialJournaloftheEuropeanCommunities 7.4.78
ANNEX
Worldmarketpriceapplicable from7April1978forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(])
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofApril1978
—forthemonthofMay1978
—forthemonthofJune1978
—forthemonthofJuly1978
—forthemonthofAugust1978
—forthemonthofSeptember 197819-940
19-940
19-940
19-875
19-875
19-811
19-811
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.-DM 3.15665
1u.a.-F1 3-35507
1u.a.-Bfr/Lfr48-6572
1u.a.=FF 7-24744
1u.a.=Dkr 8-56656
1u.a.=£ 0-801993
1u.a.-I£ 0-801993
1u.a.«Lit 1313-81