18.1.79 OfficialJournaloftheEuropeanCommunities NoL12/13
COMMISSION REGULATION (EEC)No78/79
of17January1979
fixingtheworldmarketpriceforcolzaandrapeseed
subsidyonoilseeds(7),aslastamendedbyRegulation
(EEC)No77/79(»);
Whereas,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2*25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies ,anexchangeratebasedonthe
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 .
Article2
ThisRegulation shallenterintoforceon18January
1979.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization ofthemarketsinoilsand
fats(1),aslastamended byRegulation (EEC)No
1562/78(2),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No852/78(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(5),aslastamendedbyRegulation (EEC)No
1234/77(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No3048/78
of22December 1978fixingtheamountofthe
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,17January1979.
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.
(4)OJNoL116,28.4.1978,p.6.
(5)OJNoL236,24.8.1973,p.28.
\b)OJNoL143,10.6.1977,p.9.(7)OJNoL361,23.12.1978,p.18.
(8)Seepage11ofthisOfficialJournal .

NoL12/14 OfficialJournaloftheEuropean Communities 18.1.79
ANNEX
Worldmarketpriceapplicable from18January1979forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(1)
Worldmarketprice 17-702
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJanuary1979 17.702
—forthemonthofFebruary1979 17.702
—forthemonthofMarch1979 17.702
—forthemonthofApril1979 16.856
—forthemonthofMay1979 16-856
—forthemonthofJune1979 16-977
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM 3.03524
1u.a.=Fl 3.28928
1u.a.=Bfr/Lfr47.7031
1u.a.=FF 6.97496
1u.a.=Dkr 8.56656
1u.a.=£ 0.814604
1u.a.=I£ 0.814604
1u.a.=Lit 1375.42