13.8.77 OfficialJournaloftheEuropeanCommunities NoL207/25
COMMISSION REGULATION (EEC)No1858/77
of12August1977
fixingtheworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
1857/77(»);
Whereas,toenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/
66/EECof22September1966ontheestablishment
ofacommonorganizationofthemarketsinoilsand
fats(!),aslastamendedbyRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation(EEC)No3477/73(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)No1443/77
of30June1977fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation(EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon15August
1977.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,12August1977.
FortheCommission
FinnGUNDELACH
Vice-President
(!)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)OJNoL2?6,24.8.1973,p.28. (?)OJNoL161,1.7.1977,p.31.
(6)OJNoL143,10.6.1977,p.9. (8)Secpage23ofthisOfficialJournal.

NoL207/26 OfficialJournaloftheEuropeanCommunities 13.8.77
ANNEX
Worldmarketpriceapplicablefrom15August1977forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(i)
Worldmarketprice 20-574
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofAugust1977 20-574
—forthemonthofSeptember1977 20-574
—forthemonthofOctober1977 20-574
—forthemonthofNovember1977 19-739
—forthemonthofDecember1977 20-247
—forthemonthofJanuary1978 20-393
(!)TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing:
1u.a.—DM 315665
1u.a.—Fl 3-35507
1u.a.—Bfr/Lfr48-6572
1u.a.—FF 6-63914
1u.a.—Dkr 8-13822
1u.a.—£0-788358
1u.a.—I£ 0-788358
1u.a.—Lit 1212-93