NoL312/22 23.11.74 OfficialJournaloftheEuropeanCommunities
REGULATION (EEC)No2961/74OFTHECOMMISSION
of22November 1974
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ;
HavingregardtoCouncilRegulation No136/
66/EEC(1)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
456/74(6),andinparticular Article9(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)No2960/74(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment ,
withinabandof2-2.5%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchange ratebasedonthe
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 shallenterintoforceon25
November 1974.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,22November 1974.
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)OJNoL51,23.2.1974,p.30.
(7)OJNoL271,5.10.1974,p.38. (8)Seepage20ofthisOfficialJournal .

23.11.74 OfficialJournaloftheEuropeanCommunities NoL312/23
ANNEX
Worldmarketpriceapplicable from25November 1974forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(1)
Worldmarketprice: 34-088
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofNovember 1974 34-088
—forthemonthofDecember 1974 34-088
—forthemonthofJanuary1975 34-088
—forthemonthofFebruary1975 34-088
—forthemonthofMarch1975 34-476
—forthemonthofApril1975 34-476
0)Theconversion ratesfromunitsofaccountintonationalcurrency asforeseenbyArticle9(5){•)•!
Regulation (EEC)No2300/73arethefollowing :
1u.a.DM 3-21978
1u.a.=Fl 3-35507
1u.a.Bfr/Lfr48-6572
1u.a.FF 6-04833
1u.a.=»=Dkr 7-57831
1u.a.=£ 0-555642
tu.a.=I£ 0-555642
!u.«.—Lit 859-062