NoL110/12 OfficialJournaloftheEuropeanCommunities 28.4.76
COMMISSION REGULATION (EEC)No956/76
of27April1976
determining theworldmarketpriceforcolzaandrapeseed
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)No925/76
of22April1976fixingtheamountofthesubsidyonoilseeds(7),asamended byRegulation (EEC)No
955/76(8);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—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 .
Article2
ThisRegulation shallenterintoforceon28April
1976.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,22April1976.
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.
(»)OJNoL236,24.8.1973,p.28.
(6)OJNoL66,13.3.1975,p.11.(7)OJNoL106,23.4.1976,p.18.
(8)Seepage10ofthisOfficialJournal .

28.4.76 OfficialJournaloftheEuropeanCommunities NoL110/13
ANNEX
Worldmarketpriceapplicable from28April1976forcolzaandrapeseed(CCTheading
Noex12.01)
u.a./100kg(')
Worldmarketprice
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofApril1976
—forthemonthofMay1976
—forthemonthofJune1976
—forthemonthofJuly1976
—forthemonthofAugust1976
—forthemonthofSeptember 197617.650
17.650
17.650
17.809
18.049
18.049
18.049
(•)Theconversion ratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation (EEC)No2300/73
arethefollowing :
1u.a.-DM 3-21978
1u.a.-F1 3-35507
1u.a.-Bfr/Lfr48-6572
1u.a.-FF 5-86331
1u.a.-Dkr 7-57828
1u.a.=£ 0-677172
1u.a.-I£ 0-677172
1u.a.=Lit 1106-45