15.1.77 OfficialJournaloftheEuropeanCommunities NoL12/31
COMMISSION REGULATION (EEC)No76/77
of14January1977
determining theworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
75/77(8);THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,
HavingregardtoCouncilRegulation No136/
66/EECof22September 1966ontheestablishment
ofacommonorganization 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
632/75(6),andinparticularArticle9(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No1713/76
of15July1976fixingtheamountofthesubsidyonWhereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis:
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchangeratebasedonthe
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 shallenterintoforceon17January
1977.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,14January1977.
FortheCommission
FinnGUNDELACH
Vice-President
(■)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(J)OJNoL167,25.7.1972,p.9.
(4)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(6)OJNoL66,13.3.1975,p.11.(7)OJNoL192,16.7.1976,p.17.
(8)Seepage29ofthisOfficialJournal .

NoL12/32 OfficialJournaloftheEuropeanCommunities 15.1.77
ANNEX
Worldmarketpriceapplicable from17January1977forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kv(i)
worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofJanuary1977
—forthemonthofFebruary 1977
—forthemonthofMarch1977
—forthemonthofApril1977
—forthemonthofMay1977
—forthemonthofJune197721.178
21.178
21.178
21.178
21.196
21.196
21.196
(')Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.=DM 3.15665
iu.a.F1 3.35507
1u.a.Bfr/Lfr 48.6572
1u.a.=FF 6.69985
1u.a.=Dkr 7.89407
1u.a.=£ 0.788112
1u.a.=I£ 0.788112
iu.a.=Lit 1178.59