26.2.77 NoL54/22 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No395/77
of25February 1977
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization ofthemarketsinoilsand
fats(1),aslastamended byRegulation (EEC)No
1707/73
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measures forcolzaandrapeseed(3),aslastamended
byRegulation (EEC)No3477/73(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August 1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(3),aslastamended byRegulation (EEC)No
632/75(''),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
370/77(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment ,
withinabandof2-25%,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 shallenterintoforceon28February
1977.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels ,25February 1977.
FortheCommission
FinnGUNDELACH
Vice-President
(1)OJNo172,30.9.1966,p.3025/66.
(')O'jNoL175,29.6.1973,p.5.
(')O'jNoL167,25.7.1972,p.9.
C4)O")NoL357,28.12.197?,p.6.
0)0"|NoL236,24.8.1973,p.28.
.(")O'jNoI.66,13.3.1975,p.11.(;)0|NoL192,16.7.1976,p.17.
(s)OJNoL52,24.2.1977,p.31.

26.2.77 NoL54/23 OfficialJournaloftheEuropeanCommunities
ANNEX
Worldmarketpriceapplicable from28February 1977forcolzaandrapeseed(CCT
headingNoex12.01)
u.a./100kg(')
Worldmarketprice 23-767
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofFebruary 1977 23-767
—forthemonthofMarch1977 23-767
—forthemonthofApril1977 23-222
—forthemonthofMay1977 23-222
—forthemonthofJune1977 23-373
—forthemonthofJuly1977 23-373
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
Iu.a.DM 3·Ι5665
Iu.a.=Fl 3-35507
1u.a.-Bfr/Lfr48-6572
1u.a.-FF 6-63174
Iu.a.Dkr 7-89407
1u.a.«£ 0-775723
1u.a.=Iî 0-775723
1u.a.«Lit 1168-98