NoL288/8 OfficialJournaloftheEuropeanCommunities 14.10.78
COMMISSION REGULATION (EEC)No2386/78
of13October1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketsinoilsand
fats(J),aslastamendedbyRegulation (EEC)No
1419/78(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(J),aslastamended
byRegulation (EEC)No852/78(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)No1922/78
of9August1978fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation (EEC)No
2379/78(8);
Whereas,toenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
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
ThisRegulationshallenterintoforceon16October
1978.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13October1978.
FortheCommission
FinnGUNDELACH
Vice-President
(!)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL171,28.6.1978,p.8.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(*)OJNoL143,10.6.1977,p.9.(7)OJNoL219,10.8.1978,p.15.
(«)OJNoL287,13.10.1978,p.12.

14.10.78 NoL288/9 OfficialJournaloftheEuropeanCommunities
ANNEX
Worldmarketpriceapplicablefrom16October1978forcolzaandrapeseed(CCT
headingNoex12.01)
u.aJ100kg(')
17.376 Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofOctober1978
—forthemonthofNovember1978
—forthemonthofDecember1978
—forthemonthofJanuary1979
—forthemonthofFebruary1979
—forthemonthofMarch197917.376
17.376
17-376
17.254
17-004
17-004
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.-DM 3.15665
1u.a.-Fl 3.35507
1u.a.-Bfr/Lfr48.6572
1u.a.-FF 6.97496
1u.a.-Dkr 8.56656
1u.a.-£ 0.824953
1u.a.-I£0.824953
1u.a.-Lit 1339.71