NoL294/76 OfficialJournaloftheEuropeanCommunities 1.11.74
REGULATION (EEC)No2779/74OFTHECOMMISSION
of31October1974
determiningtheworldmarketpriceforcolzaandrapeseed
thesubsidyonoilseeds,aslastamendedbyRegula­
tion(EEC)No2765/74(8);
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
ThisRegulationshallenterintoforceon4November
1974.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
456/74(6),andinparticularArticle9(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereas,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommission Regulation (EEC)No
2535/74(7)of4October1974fixingtheamountof
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31October1974.
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.
(b)OJNoL51,23.2.1974,p.30.
(7)OJNoL271,5.10.1974,p.38. (8)Seepage55ofthisOfficialJournal.

1.11.74 OfficialJournaloftheEuropeanCommunities NoL294/77
ANNEX
Worldmarketpriceapplicablefrom4November1974forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(')
Worldmarketprice: 36-128
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofNovember1974 36-128
—forthemonthofDecember1974 36-128
—forthemonthofJanuary1975 38-033
—forthemonthofFebruary1975 38-033
—forthemonthofMarch1975 38-033
—forthemonthofApril1975 38-033
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(•)•/
Regulation (EEC)No2300/73arethefollowing:
1u.a.»DM3-21978
1u.n.Fl3-35507
1u.a.■»Bfr/L/i48-6572
1u.a.
1u.a.FF
Dkr5-95869
7-57831
1u.a.
1u.a.£
I£0-543487
0-543487
tu.a.—Lit843-10