31.12.74 OfficialJournaloftheEuropean Communities NoL355/39
REGULATION (EEC)No3316/74OFTHECOMMISSION
of30December 1974
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ;
HavingregardtoCouncilRegulation No136/
66/EEC(')of22September 1966ontheestablish­
mentofacommonorganization ofthemarketsinoils
andfats,aslastamended byRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamended by
Regulation (EEC)No3477/73(4);
HavingregardtoCommission Regulation (EEC)No
2300/73(5)of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73,aslastamended byRegulation (EEC)No
3182/74(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)No
2535/74(7)of4October1974fixingtheamountofthesubsidyonoilseeds,aslastamended byRegula­
tion(EEC)No3315/74(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/
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshownintheTableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon1January
1975.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,30December 1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(>)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(b)OJNoL339,18.12.1974,p.16.
(7)OJNoL271,5.10.1974,p.38. (8)Seepage37ofthisOfficialJournal .

NoL355/40 OfficialJournaloftheEuropean Communities 31.12.74
ANNEX
Worldmarketpriceapplicable from1January1975forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100ke('}
32-696 Worldmarketprice:
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJanuary
—forthemonthofFebruary
—forthemonthofMarch
—forthemonthofApril
—forthemonthofMay
—forthemonthofJune32-696
32-696
32-848
32-848
30-948
30-644
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation
(EEC)No2300/73arethefollowing :
1u.a.=DM 3-21978
1u.a.=Fl 3-35507
1u.a.=Bfr/Lfr48-6572
1u.a.=FF 5-95174
1u.a.=Dkr 7-57831
1u.a.=£ 0-567302
1u.a.=I£ 0-567302
1u.a.=Lit 867-273