23.10.76 OfficialJournaloftheEuropeanCommunities NoL293/35
COMMISSION REGULATION (EEC)No2577/76
of22October 1976
determining theworldmarketpriceforcolzaandrapeseed
oilseeds(7),aslastamendedbyRegulation (EEC)No
2571/76(8);
Whereas 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 ,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),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
of15July1976fixingtheamountofthesubsidyonHASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshowninthetableannexedtothisRegulation .
Article 2
ThisRegulation shallenterintoforceon25October
1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States .
DoneatBrussels ,22October 1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo172,30.9.1966,p.3025/66.
-')OJNoL175,29.6.1973,p.5.
-5)OJNoL167,25.7.1972,p.9.
<)OJNoL357,28.12.1973,p.6.
5)OJNoL236,24.8.1973,p.28.
b)OJNoL66,13.3.1975,p.I1.(7)OJNoL192,16.7.1976,p.17.
(s)Seepage10ofthisOfficialJournal .

NoL293/36 OfficialJournaloftheEuropeanCommunities 23.10.76
ANNEX
Worldmarketpriceapplicable from25October 1976forcolzaandrapeseed(CCT
headingNoex12.01)
u.a.//QCkg(')
worldmarketprice 19-750
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofOctober 1976 19-7.50
—forthemonthofNovember 1976 19-750
—forthemonthofDecember 1976 ' 20-096
—forthemonthofJanuary1977 21-212
—forthemonthofFebruary 1977 21-212
—forthemonthofMarch1977 21-212
(')Theconversion ratesfromunitsofaccountintonationalcurrency asforeseenbvArticle9(*>)(a)ofRegulation (EEC)No2.100/7}
arethefollowing :
DM M566S
u.a.=Fl .3.35507
u.a.=Bfr/Lfr 4X-6572
u.a.=FF 6-49001
u.a.=Dkr 7X9409
u.a.=t 0-790258
u.a.=Ii' 0-7902«
u.a.=Lit III5-57