23.9.77 OfficialJournaloftheEuropeanCommunities NoL244/13
COMMISSION REGULATION (EEC)No2088/77
of22September1977
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/
66/EECof22September1966ontheestablishment
ofacommonorganizationofthemarketsinoilsand
fats(1),aslastamendedbyRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation(EEC)No3477/73(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;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommissionRegulation(EEC)No1443/77
of30June1977fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation(EEC)No
2087/77(8);
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
ThisRegulationshallenterintoforceon23
September1977.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,22September1977.
FortheCommission
FinnGUNDELACH
Vice-President
(•)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)OJNoL143,10.6.1977,p.9.(7)OJNoL161,1.7.1977,p.31.
(8)Seepage11ofthisOfficialJournal.

NoL244/14 OfficialJournaloftheEuropeanCommunities 23.9.77
ANNEX
Worldmarketpriceapplicablefrom23September1977forcolzaandrapeseed(CCT
headingNoex12.01)
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofSeptember1977
—forthemonthofOctober1977
—forthemonthofNovember1977
—forthemonthofDecember1977
—forthemonthofJanuary1978
—forthemonthofFebruary1978u.a./100kg(')
18.412 .
18.412
20.088
20.088
20.088
20.014
20.014
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing :
1u.a.-DM 315665
1u.a.-Fl 3-35507
1u.a.-Bfr/Lfr48-6572
1u.a.-FF 6-70205
1u.a.—Dkr 8-56656
1u.a.-£ 0-782289
1u.a.-I£ 0-782289
1u.a.-Lit 1200-84