NoL261/14 OfficialJournaloftheEuropeanCommunities 25.9.76
COMMISSION REGULATION (EEC)No2316/76
of24September 1976
determining theworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
2315/76(8);
Whereas toenablethepricesystemtooperate
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),aslastamended byRegulation (EEC)No
632/75(6),andinparticular Article9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No1713/76
of15July1976fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon27
September 1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,24September 1976.
FurtheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo172,30.9.1966,p.3025/66.0OJNoL175,29.6.1973,p.5.
(3)OJNoL167,25.7.1972,p.9.
(«)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(')OJNoL66,13.3.1975,p.11.(?)OJNoL192,16.7.1976,p.17.
(8)Seep.12ofthisOfficialJournal .

25.9.76 OfficialJournaloftheEuropeanCommunities NoL261/15
ANNEX
Worldmarketpriceapplicable from27September 1976forcolzaandrapeseed(CCT
headingNoex12.01)
u.a.*/I00k'-C)
Worldmarketprice 19-955
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofSeptember 1976 19-955
—forthemonthofOctober 1976 19*955
—forthemonthofNovember 1976 20114
—forthemonthofDecember 1976 20-272
—forthemonthofJanuary1977 20-450
—forthemonthofFebruary1977 20-648
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/7.?
arethefollowing :
1u.a.=DM 5-21978
Iu.a.=Fl 3-35507
1u.a.=Bfr/Lfr48-6572
Iu.a.-FF 6-25704
Iu.a.=Dkr 7-57828
Iu.a.=£ 0-741504
1u.a.-I£ 0-741504
Iu.a.=Lit I078-99