15.5.76 OfficialJournaloftheEuropeanCommunities NoL127/11
COMMISSION REGULATION (EEC)No1121/76
of14May1976
determining theworldmarketpriceforcolzaandrapeseed
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),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No925/76
of22April1976fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation (EEC)No
1120/76(®);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—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 ,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon17May
1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,14May1976.
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.
(6)OJNoL66,13.3.1975,p.11.OOJNoL106,23.4.1976,p.18.
(8)Seepage9ofthisOfficialJournal .

NoL127/12 OfficialJournaloftheEuropeanCommunities 15.5.76
ANNEX
Worldmarketpriceapplicable from17May1976forcolzaandrapeseed(CCTheading
Noex12.01)
u.aJ100kg(')
worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMay1976
—forthemonthofJune1976
—forthemonthofJuly1976
—forthemonthofAugust1976
—forthemonthofSeptember 1976
—forthemonthofOctober 197618·781
18·781
18·781
19·021
19·021
19·021
19·340
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.-DM 3-21978
1u.a.-F1 3·35507
1u.a.-Bfr/Lfr48-6572
1u.a.-FF 5-86331
1u.a.-Dkr 7-57828
1u.a.=£ 0·687347
1u.a.-I£ 0-687347
1u.a.=Lit 1091-33