17.8.78 NoL226/15 OfficialJournaloftheEuropean Communities
COMMISSION REGULATION (EEC)No1974/78
of16August1978
fixingtheworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization ofthemarketsinoilsand
fats(1),aslastamended byRegulation (EEC)No
1419/78(-),
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measures forcolzaandrapeseed(-'),aslastamended
byRegulation (EEC)No852/78(4),
HavingregardtoCommission Regulation (EEC)No
2300/73of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73(s),aslastamended byRegulation (EEC)No
1234/77(6),andinparticular Article9(4)thereof ,
Havingregardtotheopinion oftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No1922/78
of9August1978fixingtheamountofthesubsidyonoilseeds(7),asamended byRegulation (EEC)No
1973/78(s);
Whereas ,toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchange basedon
theireffectiveparity;
—forothercurrencies ,anexchange ratebasedonthe
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 .
Article 2
ThisRegulation shallenterintoforceon17August
1978.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels ,16August1978.
FortheCommission
FinnGUNDELACH
Vice-President
(')OJNo172,30.9.1966,p.3025/66.
(:)OJNoL171,28.6.1978,p.8.
(<)OJNoL167,25.7.1972,p.9.
(4)O)NoL116,28.4.1978,p.6.
(5)0|NoL236,24.8.1973,p.28.
(b)OJNoL143,10.6.1977,p.9.(7)OJNoL219,10.8.1978,p.15.
(8)Seepage13ofthisOfficialJournal .

NoL226/16 17.8.78 OfficialJournaloftheEuropeanCommunities
ANNEX
Worldmarketpriceapplicable from17August1978forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofAugust1978
—forthemonthofSeptember 1978
—forthemonthofOctober 1978
—forthemonthofNovember 1978
—forthemonthofDecember 1978
—forthemonthofJanuary197917-988
17.988
17-988
17-145
16.432
16.432
16-626
([)Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM
1u.a.=F1
1u.a.=Bfr/Lfr
1u.a.-FF
1u.a.=Dkr
1u.a.=£
1u.a.=I£
1u.a.=Lit3.15665
3.35507
48.6572
6.74018
8.56656
0.796356
0.796356
1288.60