NoL50/42 OfficialJournaloftheEuropeanCommunities 1.3.79
COMMISSION REGULATION (EEC)No417/79
of28February 1979
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization ofthemarketsinoilsand
fats(J),aslastamended byRegulation (EEC)No
1562/78(2),
HavingregardtoCouncilRegulation (EEC)No
15^9/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No852/78(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)No3048/78
of22December 1978fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation
(EEC)No416/79(8);
Whereas ,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchange basedon
theireffectiveparity;
—forothercurrencies ,anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiodin
relationtothe*Community currencies referredto
inthepreviousindent;
Whereas ,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation ,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon1March
1979.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,28February 1979.
FortheCommission
FinnGUNDELACH
Vice-President
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL185,7.7.1978,p.1.
(3)OJNoL167,25.7.1972,p.9.
(<)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(b)OJNoL143,10.6.1977,p.9.(7)OJNoL361,23.12.1978,p.18.
(8)Seepage40ofthisOfficialJournal .

1.3.79 OfficialJournaloftheEuropeanCommunities NoL50/43
ANNEX
totheCommission Regulation of28February 1979fixingtheworldmarketpriceforcolza
andrapeseed
(u.a./100kg)(')
(XT
heading
NoDescription Worldmarketprice
ex12.01 Colzaandrapeseed 19-160
(u.a../100kg)(1)
CCT
heading
NoDescriptionWorldmarketpricewherethesubsidy
isfixedinadvance forthemonthof
March
1979April
1979May
1979June
1979July
1979August
1979
ex12.01 Colzaandrapeseed 19-160 18-916 18-916 18-856 18-217 18-186
(')Theconversion ratesfromunitsofaccountintonationalcurrency asforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73arethe
following :
1u.a.=DM
1u.a.=Fl
1u.a.=Bfr/Lfr
1u.a.=H
1u.a.=Dkr
1u.a.=£'
1u.a.=I£
1u.a.=Lit3-03524
3-28928
47-7031
6-97496
8-56656
0-822483
0-822483
1375-42