14.6.75 OfficialJournaloftheEuropeanCommunities NoL154/59
REGULATION (EEC)No1516/75OFTHECOMMISSION
of13June1975
determiningtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(J)of22September1966ontheestablish­
mentofacommonorganizationofthemarketsinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamendedby
Regulation (EEC)No3477/73(4);
HavingregardtoCommissionRegulation (EEC)No
2300/73(5)of23August1973layingdowndetailed
rulesforapplyingdifferentialamountsforcolzaand
rapeseedandrepealingRegulation (EEC)No
1464/73,aslastamendedbyRegulation (EEC)No
632/75(6),andinparticularArticle9(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereas,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommission Regulation (EEC)No
1322/75(7)of23May1975fixingtheamountofthesubsidyonoilseeds,aslastamendedbyRegulation
(EEC)No1515/75(8);
Whereastoenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation,
HASADOPTED THISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon16June
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13June1975.
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.
(")OJNoL66,13.3.1975,p.11.
(7)OJNoL133,24.5.1975,p.55. (8)Seepage57ofthisOfficialJournal.

NoL154/60 OfficialJournaloftheEuropeanCommunities 14.6.75
ANNEX
Worldmarketpriceapplicablefrom16June1975forcolzaandrapeseed(CCTheading
Noex12.01)
u.aJ100kg(>)
Worldmarketprice: 18-670
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofJune1975 18-670
—forthemonthofJuly1975 18-670
—forthemonthofAugust1975 18-525
—forthemonthofSeptember1975 18-309
—forthemonthofOctober1975 18-164
—forthemonthofNovember1975 18-020
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing:
1u.a.-DM3-21978
1u.a.-F3-35507
1u.a.-Bfr/Lfr48-6572
1u.a.-FF5-56932
1u.a.-Dkr 7-57831
1u.a.-£0-602776
1u.a.-I£0-602776
1u.a.-Lit867-190