20.8.77 OfficialJournaloftheEuropeanCommunities NoL212/19
COMMISSION REGULATION (EEC)No1895/77
of19August1977
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/
66/EECof22September1966ontheestablishment
ofacommonorganizationofthemarketsinoilsand
fats(!),aslastamendedbyRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(4),
HavingregardtoCommissionRegulation(EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferentialamountsforcolzaand
rapeseedandrepealingRegulation (EEC)No
1464/73(5),aslastamendedbyRegulation (EEC)No
1234/77(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,pursuanttoArticle9(4)ofRegulation(EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommissionRegulation(EEC)No1443/77
of30June1977fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation(EEC)No
1894/77(8);
Whereas,toenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedOnthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation,
HASADOPTED THISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation(EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon22August
1977. ;
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,19August1977.
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.
(6)OJNoL143,10.6.1977,p.9.(7)OJNoL161,1.7.1977,p.31.
(s)Seepage17ofthisOfficialJournal.

NoL212/20 OfficialJournaloftheEuropeanCommunities 20.8.77
ANNEX
Worldmarketpriceapplicablefrom22August1977forcolzaandrapeseed(CCTheading
Noex12.01)
u.aJ100kg(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofAugust1977
—forthemonthofSeptember1977
—forthemonthofOctober1977
—forthemonthofNovember1977
—forthemonthofDecember1977
—forthemonthofJanuary197819.148
19.148
19.148
19.242
19.242
19.499
19.720
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.—
1u.a.—
1u.a.—
1u.a.—
1U4.—
1u.a.—
1u.a.—
1u.a.»DM
F!
Bfr/Lfr
FF
Dkr
£
I£
Lit315665
3.35507
48.6572
6.63914
8.13822
0.782289
0.782289
1200.84