30.10.76 OfficialJournaloftheEuropeanCommunities NoL300/47
COMMISSION REGULATION (EEC)No2654/76
of29October 1976
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,oilseeds(7),aslastamendedbyRegulation (EEC)No
2653/76(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—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 ,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(4),
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)No1713/76
of15July1976fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon1November
1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inal!Member
States.
DoneatBrussels ,29October 1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(>)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(>)OJNoL167,25.7.1972,p.9.
OOJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(6)OJNoL66,13.3.1975,p.11.(7)OJNoL192,16.7.1976,p.17.
(s)Seepage45ofthisOfficialJournal .

NoL300/48 OfficialJournaloftheEuropeanCommunities 30.10.76
ANNEX
Worldmarketpriceapplicable from1November 1976forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kv(')
Worldmarketprice 20-485
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofNovember 1976 20-485
—forthemonthofDecember 1976 20-485
—forthemonthofJanuary1977 21-369
—forthemonthofFebruary1977 21-369
—forthemonthofMarch1977 21-369
—forthemonthofApril1977 21-282
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM 3-15665
1u.a.=Fl 3-35507
1u.a.=Bfr/Lfr 48-6572
1u.a.=FF 6-55858
1u.a.=Dkr 7-89407
1u.a.=£ 0-809225
1u.a.=I£ 0-809225
1u.a.--Lit I141-31