15.12.77 OfficialJournaloftheEuropeanCommunities NoL320/45
COMMISSION REGULATION (EEC)No2784/77
of14December 1977
fixingtheworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
2783/77(8);
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 shallenterintoforceon15
December 1977.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/66/EEC
of22September 1966ontheestablishment ofa
common organization ofthemarketsinoilsand
fats(!),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
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)No1443/77
of30June1977fixingtheamountofthesubsidyon
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,14December 1977.
FortheCommission
FinnGUNDELACH
Vice-President
»)OJNo172,30.9.1966,p.3025/66.
2)OJNoL175,29.6.1973,p.5.
3)OJNoL167,25.7.1972,p.9.
«)OJNoL357,28.12.1973,p.6.
5)OJNoL236,24.8.1973,p.28. (?)OJNoL161,1.7.1977,p.31.
6)OJNoL143,10.6.1977,p.9. (8)Seepage43ofthisOfficialJournal.

NoL320/46 OfficialJournaloftheEuropeanCommunities 15.12.77
ANNEX
Worldmarketpriceapplicable from15December 1977forcolzaandrapeseed(CCT
headingNoex12.01)
u.aJ100kgf1)
Worldmarketprice 21-506
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofDecember 1977 21-506
—forthemonthofJanuary1978 21-506
—forthemonthofFebruary 1978 21-303
—forthemonthofMarch1978 21-303
—forthemonthofApril1978 20-776
—forthemonthofMay1978 20-776
(>)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.=f
1u.a.=1£
1u.a.=Lit315665
3-35507
48-6572
6-84547
8-56656
0-774875
0-774875
1239-32