NoL112/8 OfficialJournaloftheEuropeanCommunities 5.5.79
COMMISSION REGULATION (EEC)No898/79
of4May1979
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
commonorganization ofthemarketsinoilsand
fats(!),aslastamended byRegulation (EEC)No'
590/79(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No852/78(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamendedbyRegulation (EEC)No
1234/77(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No3048/78
of22December 1978fixingtheamountofthe
subsidyonoilseeds(7),aslastamendedbyRegulation
(EEC)No865/79(»);Whereas ,ifthepricesystemistooperatenormally ,
theworldmarketpriceshouldbecalculated onthe
following basis:
—inthecaseofcurrencies whicharemaintained in
.relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchange basedon
theireffectiveparity;
—forothercurrencies ,anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiodin
relationtotheCommunity currencies referredto
inthepreviousindent;
WhereasCouncilRegulation (EEC)No652/79of29
March 1979(9)laiddownthecoefficient for
expressing amounts ,fixedinunitsofaccount ,in
ECU;
Whereasitfollowsfromapplyingtheseprovisions
thattheworldmarketpriceforcolzaandrapeseed
shouldbeassetoutintheAnnexhereto,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73shallbeassetoutin
theAnnexhereto .
Article 2
ThisRegulation shallenterintoforceon7May1979.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,4May1979.
FortheCommission
FinnGUNDELACH
Vice-President
(>)OJNo172,30.9.1966,p.3025/66
(2)OJNoL78,30.3.1979,p.1.
(J)OJNoL167,25.7.1972,p.9.
(«)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(0)OJNoL143,10.6.1977,p.9.
(7)OJNoL361,23.12.1978,p.18.
(8)OJNoL108,1.5.1979,p.42. (9)OJNoL84,4.4.1979,p.1.

5.5.79 OfficialJournaloftheEuropeanCommunities NoL112/9
ANNEX
totheCommission Regulation of4May1979fixingtheworldmarketpriceforcolzaand
rapeseed
(ECU/100kg)(')
CCT
heading
NoDescription Worldmarketprice
ex12.01 Colzaandrapeseed 22090
(ECU/100kg)(1)
CCT
heading
NoDescriptionWorldmarketpricewherethesubsidy
isfixedinadvance forthemonthof
May
1979June
1979July
1979August
1979September
1979October
1979
ex12.01 Colzaandrapeseed 22090 22.015 21.865 21.865 21-865 21-865
(')Theconversion ratesfromECUintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73arethefollowing :
1ECU=DM 2.51064
1ECU=Fl 2.72077
1ECU=Bfr/Lfr39.4582
1ECU=FF 5.79831
1ECU-Dkr 7.08592
1ECU=I£ 0.662638
1ECU=£ 0.646563
1ECU=Lit 1118.21