22.2.75 OfficialJournaloftheEuropeanCommunities NoL48/9
REGULATION (EEC)No431/75OFTHECOMMISSION
of21February 1975
determining theworldmarketpriceforcolzaandrapeseed
thesubsidyonoilseeds,aslastamendedbyRegula­
tion(EEC)No430/75(»);
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 .
Article 2
ThisRegulation shallenterintoforceon24February
1975.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ;
HavingregardtoCouncilRegulation No136/
66/EEC(1)of22September 1966ontheestablish­
mentofacommonorganization ofthemarketsinoils
andfats,aslastamended byRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamendedby
Regulation (EEC)No3477/73(4);
HavingregardtoCommission Regulation (EEC)No
2300/73(5)of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73,aslastamended byRegulation (EEC)No
3182/74(6),andinparticularArticle9(4)thereof;
HavingregardtotheOpinion oftheMonetary
Committee ;
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No
2535/74(7)of4October1974fixingtheamountof
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,21February 1975.
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.
(')OJNoL339,18.12.1974,p.16.
(7)OJNoL271,5.10.1974,p.38. (s)Seepage7ofthisOfficialJournal .

NoL48/10 OfficialJournaloftheEuropean Communities 22.2.75
ANNEX
Worldmarketpriceapplicable from24February 1975forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kg(i)
23.741
23.741
23-741
23-019
23-019
22.946
22.946Worldmarketprice:
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthFebruary 1975
—forthemonthMarch1975
—forthemonthApril1975
—forthemonthMay1975
—forthemonthJune1975
—forthemonthJuly1975
P)Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM 3.21978
1u.a.=Fl 3.35507
1u.a.=Bfr/Lfr48.6572
1u.a.=FF 5.95174
1u.a.—Dkr 7.57831
1u.a.—£ 0-574597
1u.a.=I£ 0-574597
1u.a.=Lit 877.185