31.5.76 OfficialJournaloftheEuropean Communities NoL142/27
COMMISSION REGULATION (EEC)No1260/76
of26May1976
determining theworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
1206/76(8);
Whereastoenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment ,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiod,in
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
632/75(6),andinparticular Article9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuant toArticle9(4)ofRegulation
(EEC)No2300/73,theCommission mustdetermine
theworldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No925/76
of22April1976fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon31May
1976.
ThisRegulation shallbebindinginitsentiretyanddireatlyapplicable inallMember
States.
DoneatBrussels,26May1976.
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. (7)OJNoL106,23.4.1976,p.18.
(6)OJNoL66,13.3.1975,p.11. (8)OJNoL133,22.5.1976,p.33.

NoL142/28 OfficialJournaloftheEuropeanCommunities 31.5.76
ANNEX
Worldmarketpriceapplicable from31May1976forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(')
Worldmarketprice 18-781
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMay1976 18-781
—forthemonthofJune1976 18-781
—forthemonthofJuly1976 18-542
—forthemonthofAugust1976 19-020
—forthemonthofSeptember 1976 19-020
—forthemonthofOctober 1976 19-020
(*)Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation
(EEC)No2300/73arethefollowing :
1u.a.=DM 3-21978
1u.a.=Fl 3-35507
1u.a.=Bfr/Lfr 48-6572
1u.a.=FF 5-86331
1u.a.=Dkr 7-57828
1u.a.=£ 0-687347
1u.a.=I£ 0-687347
1u.a.=Lit 1042-20