1.9.77 NoL223/33 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No1963/77
of31August1977
fixingtheworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
1962/77(s);
Whereas ,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies ,anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiodin
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('),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 shallenterintoforceon1September
1977.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,31August1977.
FortheCommission
FinnGUNDELACH
Vice-President
C)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL167,25.7.1972,p.9.
(4OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28. (7)OJNoL161,1.7.1977,p.31.
(6)OJNoL143,10.6.1977,p.9. (8)Seepage31ofthisOfficialJournal .

NoL223/34 OfficialJournaloftheEuropeanCommunities 1.9.77
ANNEX
Worldmarketpriceapplicable from1September 1977forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kg(')
Worldmarketprice 18-633
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofSeptember 1977 18-633
—forthemonthofOctober 1977 18-633
—forthemonthofNovember 1977 19-168
—forthemonthofDecember 1977 19-168
—forthemonthofJanuary1978 19-168
—forthemonthofFebruary1978 19-242
(')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 1
1u.a.=Dkr 8-56656
1u.a.-£ 0-782289
1u.a.-I£ 0-782289
1u.a.-Lit 1200-84