27.7.78 OfficialJournaloftheEuropean Communities NoL203/21
COMMISSION REGULATION (EEC)No1753/78
of26July1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization ofthemarketsinoilsand
fats('),aslastamended byRegulation (EEC)No
1419/78(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measures forcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No852/78(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamended byRegulation (EEC)No
1234/77(6),andinparticular Article9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No1500/78
of30June1978fixingtheamountofthesubsidyonoilseeds(7),aslastamended byRegulation (EEC)No
1752/78(8);
Whereas ,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchange basedon
theireffectiveparity;
—forothercurrencies ,anexchange ratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiodin
relationtotheCommunity currencies referredto
intheprevioussubparagraph ;
Whereas ,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshowninthetableannexedtothisRegulation ,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon27July
1978.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,26July1978.
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. (7)OJNoL178,1.7.1978,p.32.
(8)Seepage19ofthisOfficialJournal . (b)OJNoL143,10.6.1977,p.9.

NoL203/22 27.7.78 OfficialJournaloftheEuropeanCommunities
ANNEX
Worldmarketpriceapplicable from27July1978forcolzaandrapeseed(CCTheadingNo
ex12.01)
u.a./100kg(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJuly1978
—forthemonthofAugust1978
—forthemonthofSeptember 1978
—forthemonthofOctober 1978
—forthemonthofNovember 1978
—forthemonthofDecember 197817.983
17.983
17.983
17.983
16.520
16.076
16.076
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.-DM 315665
1u.a.-F1 3.35507
1u.a.-Bfr/Lfr48.6572
1u.a.=FF 6.80249
1u.a.-Dkr 8.56656
1u.a.=£ 0.804589
1u.a.-I£ 0.804589
1u.a.-Lit 1288.60