26.1.78 OfficialJournaloftheEuropean Communities NoL21/19
COMMISSION REGULATION (EEC)No139/78
of25January 1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats('),aslastamended byRegulation (EEC)No
2560/77(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measures forcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamended byRegulation (EEC)No
1234/77(6),andinparticular Article9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No1443/77
of30June1977fixingtheamountofthesubsidyonoilseeds(7),aslastamended byRegulation (EEC)No
138/78(8);
Whereas ,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchange basedon
theireffectiveparity;
—forothercurrencies ,anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiodin
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 .
Article2
ThisRegulation shallenterintoforceon26January
1978.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels ,25January1978.
FortheCommission
FinnGUNDELACH
Vice-President
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL303,28.11.1977,p.1.
(J)OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(0)OJNoL143,10.6.1977,p.9.(7)OJNoL161,1.7.1977,p.31.
(8)Seepage17ofthisOfficialJournal .

NoL21/20 OfficialJournaloftheEuropean Communities 26.1.78
ANNEX
Worldmarketpriceapplicable from26January1978forcolzaandrapeseed(CCTheading
Noex12.01)
it.ii./100kn(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJanuary1978
—forthemonthofFebruary 1978
—forthemonthofMarch1978
—forthemonthofApril1978
—forthemonthofMay1978
—forthemonthofJune197819.534
19.534
19.262
19.093
19.093
19093
19-093
(')Theconversion ratesfromunitsofaccountintonationalcurrency asforeseenbyArticle9(S)(a)otRegulation (HFC)No2WO/73
arethefollowing :
1u.a.=DM 3.15665
1u.a.=Fl .3.35507
1u.a.=Bfr/Lfr48.6572
1u.a.=FF 6.98602
1u.a.=Dkr 8.56656
1u.a.=£ 0.766536
1u.a.=I£ 0.766536
1u.a.=Lit I296.51