NoL55/30 OfficialJournaloftheEuropeanCommunities 1.3.75
REGULATION (EEC)No511/75OFTHECOMMISSION
of28February 1975
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ;
HavingregardtoCouncilRegulation No136/
66/EEC(')of22September 1966ontheestablish­
mentofacommonorganization ofthemarketsinoils
andfats,aslastamended byRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamendedby
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
3182/74(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
2535/74(7)of4October1974fixingtheamountofthesubsidyonoilseeds,aslastamendedbyRegula­
tion(EEC)No510/75(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 shallenterintoforceon3March
1975.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.'
DoneatBrussels ,28February 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.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(6)OJNoL339,18.12.1974,p.16.
(7)OJNoL271,5.10.1974,p.38. (8)Seepage28ofthisOfficialJournal .

1.3.75 OfficialJournaloftheEuropeanCommunities NoL55/31
ANNEX
Worldmarketpriceapplicable from3March1975forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kv(')
Worldmarketprice:
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMarch1975
—forthemonthofApril1975
—forthemonthofMay1975
—forthemonthofJune1975
—forthemonthofJuly1975
—forthemonthofAugust197521.808
21.808
21.236
21.236
21.021
20.806
20-734
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM 3.21978
1u.a.=Fl 3.35507
Iu.a.=Bfr/Lfr48.6572
1u.a.=FF 5.95174
1u.a.=Dkr 7.57831
1u.a.=£ 0.580693
1u.a.«If 0.580693
1u.a.=Lit 886.698