NoL72/16 OfficialJournaloftheEuropeanCommunities 19.3.77
COMMISSION REGULATION (EEC)No573/77
of18March1977
determining theworldmarketpriceforcolzaandrapeseed
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)No1713/76
of15July1976fixingtheamountofthesubsidyonoilseeds(7),aslastamended byRegulation (EEC)No
572/77(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment ,
withinabandof225%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchange ratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiod,in
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 shallenterintoforceon21March
1977.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels ,18March1977.
FortheCommission
FinnGUNDELACH
Vice-President
')OJNo172,30.9.1966,p.3025/66.
-')OJNoL175,29.6.1973,p.5.
3)O)NoL167,25.7.1972,p.9.
4)OJNoL357,28.12.1973,p.6.
5)OJNoL236,24.S.1973,p.28.
b)OJNoL66,13.3.1975,p.11.(;)OJNoL192,16.7.1976,p.17.
(s)Seepage14ofthisOfficialJournal .

19.3.77 OfficialJournaloftheEuropeanCommunities NoL72/17
ANNEX
Worldmarketpriceapplicable from21March1977forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./IOCk»(>)
Worldmarketprice 24-576
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMarch1977 24-576
—forthemonthofApril1977 24-576
—forthemonthofMay1977 24-576
—forthemonthofJune1977 24-501
—forthemonthofJuly1977 24-501
—forthemonthofAugust1977 24-501
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticleV(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
Iu.a.=DM .VI5665
Iu.a.=Fl 3-35507
Iu.a.=Bfr/Lfr 48.6S72
1u.a.=FF 6-63174
1u.a.=Dkr 7.89407
1u.a.=£ 0-775723
1.u.a.=It 0-775723
1u.a.=Lit I180-71