15.11.75 NoL296/13 OfficialJournaloftheEuropeanCommunities
REGULATION (EEC)No2988/75OFTHECOMMISSION
of14November 1975
determiningtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(1)of22September1966ontheestablish­
mentofacommonorganizationofthemarketsinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamendedby
Regulation(EEC)No3477/73(4);
HavingregardtoCommissionRegulation(EEC)No
2300/73(5)of23August1973layingdowndetailed
rulesforapplyingdifferentialamountsforcolzaand
rapeseedandrepealingRegulation (EEC)No
1464/73,aslastamendedbyRegulation (EEC)No
632/75(6),andinparticularArticle9(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereas,pursuanttoArticle9(4)ofRegulation(EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommission Regulation (EEC)No
2651/75(7)of17October1975fixingtheamountofthesubsidyonoilseeds,aslastamendedbyRegula­
tion(EEC)No2987/75(«);
Whereastoenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon17
November1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,14November1975.
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.
(')OJNoL66,13.3.1975,p.11.
(7)OJNoL269,18.10.1975,p.37. (8)Seepage11ofthisOfficialJournal.

NoL296/14 OfficialJournaloftheEuropeanCommunities 15.11.75
ANNEX
Worldmarketpriceapplicablefrom17November1975forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kgf1)
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofNovember1975
—forthemonthofDecember1975
—forthemonthofJanuary1976
—forthemonthofFebruary1976
—forthemonthofMarch1976
—forthemonthofApril197617-235
17-235
17-472
17-709
17-946
18-182
18-182
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
'arethefollowing:
1u.a.-DM3-21978
1u.a.-F13-35507
1u.a.-Bfr/Lfr48-6572
1u.a.-FF5-55419
1uA.-Dkr7-57828
1u.a.-£0-61332
1u.a.-I£0-61332
1u.a.-Lit854-314