NoL351/14 OfficialJournaloftheEuropeanCommunities 15.12.78
COMMISSION REGULATION (EEC)No2943/78
of14December 1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketsinoilsand
fats('),aslastamendedbyRegulation (EEC)No
1562/78(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation(EEC)No852/78(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;
Whereastheworldmarketpricedshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommissionRegulation(EEC)No1922/78
of9August1978fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation(EEC)No
2942/78(»);
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
ThisRegulationshallenterintoforceon15
December1978.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,14December1978.
FortheCommission
FinnGUNDELACH
Vice-President
(!)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL185,7.7.1978,p.1.
(')OJNoL167,25.7.1972,p.9.
(«)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(')OJNoL143,10.6.1977,p.9.0OJNoL219,10.8.1978,p.15.
(8)Seepage12ofthisOfficialJournal.

15.12.78 OfficialJournaloftheEuropeanCommunities NoL351/15
ANNEX
Worldmarketpriceapplicablefrom15December1978forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kg(x)
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofDecember1978
—forthemonthofJanuary1979
—forthemonthofFebruary1979
—forthemonthofMarch1979
—forthemonthofApril1979
—forthemonthofMay197918.297
18.297
18.329
18.329
18-329
17.292
17-292
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing :
1u.a.-DM 3.03524
1u*.-Fl 3.28928
1u.a.-Bfr/Lfr47.7031
1u*.-FF 6.97496
1u.a.-Dkr 8.56656
1u.a.-£ 0-814604
1u.a.—I£0.814604
1u*.-Lit 1343.61