NoL277/40 OfficialJournaloftheEuropeanCommunities 12.10.74
REGULATION (EEC)No2604/74OFTHECOMMISSION
of11October 1974
determining theworldmarketpriceforcolzaandrapeseed
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment ,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchangeratebasedonthe
arithmetic meanofthespot_marketratesofeach
ofthesecurrencies recordedforagivenperiod,in
relationtotheCommunity currencies referredto
intheprevioussubparagraph ;
Whereas ,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshownintheTableannexedtothisRegulation ,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ;
HavingregardtoCouncilRegulation No136/
66/EECC)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
456/74(6),andinparticular Article9(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
thesubsidyonoilseeds;HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshownintheTableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon14October
1974.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels ,11October 1974.
FortheCommission
P.J.LARDINOIS
, MemberoftheCommission
')OJNo172,30.9.1966,p.3025/66.
2)OJNoL17.5,29.6.1973,p.5.
J)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.

/
12.10.74 OfficialJournaloftheEuropeanCommunities NoL277/41
ANNEX
Worldmarketpriceapplicable from14October1974forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100ke(')
Worldmarketprice: 41-008
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofOctober 1974 41-008
—forthemonthofNovember 1974 41-008
—forthemonthofDecember 1974 41-008
—forthemonthofJanuary1975 42-216
—forthemonthofFebruary 1975 42-216
—forthemonthofMarch1975 42-055
(')Theconversion ratesfromunitsofaccountintonationalcurrency asfoieseen byArticle9(5)(a)of
Regulation (EEC)No2300/73arethefollowing :
1u.a.=DM 3-21978
1u.n.=F1 3-35507
1u.a.=-Bfr/Lfr48-6572
1u.a.-=FF 5-85950
1u.a.-Dkr 7-57831
1u.a.=£ 0-529120
1u.a.=I£ 0-529120
Iu.«.-Lit 824-783