NoL240/40 OfficialJournaloftheEuropeanCommunities 1.9.78
COMMISSION REGULATION (EEC)No2074/78
of31August1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganization ofthemarketsinoilsand
fats('),aslastamendedbyRegulation (EEC)No
1419/78(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No852/78(4),
HavingregardtoCommissionRegulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferentialamountsforcolzaand
rapeseedandrepealingRegulation (EEC)No
1464/73(5),aslastamendedbyRegulation(EEC)No
1234/77(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordancewiththerulesandthecriteria
setoutinCommissionRegulation(EEC)No1922/78
of9August1978fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation (EEC)No
2073/78(8);
Whereas,toenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon1September
1978.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1978.
FortheCommission
FinnGUNDELACH
Vice-President
(»)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL171,28.6.1978,p.8.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(6)OJNoL143,10.6.1977,p.9.(7)OJNoL219,10.8.1978,p.15.
(8)Seepage38ofthisOfficialJournal.

1.9.78 /OfficialJournaloftheEuropeanCommunities NoL240/41
ANNEX
Worldmarketpriceapplicablefrom1September1978forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kg(>)
17.436
17.436
16.340
16-405
16.405
16.729
16.729Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofSeptember1978
—forthemonthofOctober1978
—forthemonthofNovember1978
—forthemonthofDecember1978
—forthemonthofJanuary1979
—forthemonthofFebruary1979
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing :
1u.a.«•DM
1u.a.—Fl
1u.a.—Bfr/Lfr
1u.a.—FF
1u.a.-Dkr
1u.a.—£
1u.a.—I£
1u.a.»Lit315665
3-35507
48.6572
6.81106
8.56656
0.806439
0.806439
1312.45