1.5.76 OfficialJournaloftheEuropean Communities NoL115/37
COMMISSION REGULATION (EEC)No1008/76
of30April1976
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats(1),aslastamended byRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(<),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamendedbyRegulation (EEC)No
632/75(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No925/76
of22April1976fixingtheamountofthesubsidyonoilseeds(7),aslastamendedbyRegulation (EEC)No
1007/76(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchangeratebasedonthe
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 .
Article2
ThisRegulation shallenterintoforceon3May1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,30April1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo172,30.9.1966,p.3025/66.
(2)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.
(<>)OJNoL66,13.3.1975,p.11.(7)OJNoL106,23.4.1976,p.18.
(8)Seepage35ofthisOfficialJournal.

NoL115/38 OfficialJournaloftheEuropeanCommunities 1.5.76
ANNEX
Worldmarketpriceapplicable from3May1976forcolzaandrapeseed(CCTheadingNo
ex12.01)
u.a./100kg(!)
Worldmarketprice 17-890
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofMay1976 17-890
—forthemonthofJune1976 18-050
—forthemonthofJuly1976 18-289
—forthemonthofAugust1976 18-289
—forthemonthofSeptember 1976 18-289
—forthemonthofOctober 1976 18-847
(l)Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=
1u.a.=
1u.a.—
1u.a.=
1u.a.=
1u.a.—
1u.a.«=
1u.a.■=DM
F1
Bfr/Lfr
FF
Dkr
£
I£
Lit3.21978
3.35507
48.6572
5.86331
7.57828
0.687347
0.687347
1116.42