NoL121/44 OfficialJournaloftheEuropean Communities 8.5.76
COMMISSION REGULATION (EEC)No1072/76
of7May1976
determining theworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
1071/76(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment ,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchange ratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiod,in
relationtotheCommunity currencies referredto
intheprevioussubparagraph ;
Whereas ,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation ,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats('),aslastamended byRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measures forcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamended byRegulation (EEC)No
632/75(6),andinparticular Article9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No925/76
of22April1976fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon10May
1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,7May1976.
FurtheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo172,30.9.1966,p.3025/66.
(-')OJNoL175,29.6.1973,p.5.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(b)OJNoL66,13.3.1975,p.11.(7)OJNoL106,23.4.1976,p.18.
(s)Seepage42ofthisOfficialJournal .

8.5.76 OfficialJournaloftheEuropean Communities NoL121/45
ANNEX
Worldmarketpriceapplicable from10May1976forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(1)
Worldmarketprice 17-824
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMay1976 17-824
—forthemonthofJune1976 17-984
—forthemonthofJuly197618-223
—forthemonthofAugust1976 18-223
—forthemonthofSeptember 1976 18-223
—forthemonthofOctober 1976 18-781
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle^(^)(a)otRegulation No2WO/71
arethefollowing :
Iu.a.=DM
Iu.a.=II 3·35507
Iu.a.=Bfr/Ltr48·6572
Iu.a.—IT 5·86331
Iu.a.=Dkr 7·57828
Iu.a.= V 0·687347
Iu.a.-IV 0·687«47
Iu.a.=Litim58