NoL153/20 OfficialJournaloftheEuropean Communities 21.6.79
COMMISSION REGULATION (EEC)No1220/79
of20June1979
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization 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)No1219/79(8);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
March1979(9)laiddownthecoefficient for
expressing amounts ,fixedinunitsofaccount ,in
ECU;
Whereas itfollowsfromapplyingtheseprovisions
thattheworldmarketpriceforcolzaandrapeseed
shouldbeassetoutintheAnnexhereto,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73shallbeassetoutin
theAnnexhereto.
Article2
ThisRegulation shallenterintoforceon21June
1979.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,20June1979.
FortheCommission
FinnGUNDELACH
Vice-President
(nOJNo172,30.9.1966,p.3025/66.
(2)OJNoL78,30.3.1979,p.1.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
(<>)OJNoL143,10.6.1977,p.9.
(7)OJNoL361,23.12.1978,p.18.
(8)Seepage18ofthisOfficialJournal . (»)OJNoL84,4.4.1979,p.1.

21.6.79 OfficialJournaloftheEuropeanCommunities NoL153/21
ANNEX
totheCommission Regulation of20June1979fixingtheworldmarketpriceforcolzaand
rapeseed
(ECU/100kg)(')
CCT
heading
NoDescription Worldmarketprice
ex12.01 Colzaandrapeseed 23.932
(ECU/100kg)(')
CCT
heading
NoDescriptionWorldmarketpricewherethesubsidy
isfixedinadvance forthemonthof
June
1979July
1979August
1979September
1979October
1979November
1979
ex12.01 Colzaandrapeseed 23-932 23.932 23.779 23.779 23-932 23.856
(')Theconversion ratesfromECUintonationalcurrency asforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73arethefollowing :
IECU=DM 2.51064
1ECU=Fl 2.72077
1ECU=Bfr/Lfr39.4582
1ECU=FF 5.79831
1ECU=Dkr 7.08592
1ECU=I£ 0.662638
1ECU=£ 0.627632
1ECU=Lit 111821