10.11.78 OfficialJournaloftheEuropeanCommunities NoL316/13
COMMISSION REGULATION (EEC)No2625/78
of9November 1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganization ofthemarketsinoilsand
fats(*),aslastamendedbyRegulation (EEC)No
1562/78(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
2624/78(8);
Whereas,toenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
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
ThisRegulationshallenterintoforceon10
November1978.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,9November1978.
FortheCommission
FinnGUNDELACH
Vice-President
(!)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL185,7.7.1978,p.1.
(3)OJNoL167,25.7.1972,p.9.
HOJNoL116,28.4.1978,p.6.
(s)OJNoL236,24.8.1973,p.28.
(6)OJNoL143,10.6.1977,p.9.(')OJNoL219,10.8.1978,p.15.
(8)Seep.11ofthisOfficialJournal.

NoL316/14 OfficialJournaloftheEuropeanCommunities 10.11.78
ANNEX
Worldmarketpriceapplicablefrom10November1978forcolzaandrapeseed(CCT
headingNoex12.01)
u.a/100kg?)
Worldmarketprice 17.885
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofNovember1978 17-885
—forthemonthofDecember1978 17-885
—forthemonthofJanuary1979 17-885
—forthemonthofFebruary1979 17-635
—forthemonthofMarch1979 17-635
—forthemonthofApril1979 16.931
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing:
1u.a.-DM 3.03524
1u.a.-F1 3.28928
1u.a-Bfr/Lfr47.7031
1u.a.-FF 6.97496
1u.a.-Dkr 8.56656
1u.a.-£ 0.839137
1u.a.-I£0.839137
1u.a-Lit 1380.97