NoL362/46 OfficialJournaloftheEuropeanCommunities 31.12.76
COMMISSION REGULATION (EEC)No3224/76
of30December 1976
determiningtheworldmarketpriceforcolzaandrapeseed
Whereastoenablethepricesystemtooperate
normally,theworldmarketpriceshouldbecalculated
onthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereas,applyingalltheseprovisions,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshownintheTableannexedtothisRegulation,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(')of22September1966ontheestablish­
mentofacommonorganizationofthemarketsinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamendedby
Regulation(EEC)No3477/73(4);
HavingregardtoCommissionRegulation(EEC)No
2300/73of23August1973layingdowndetailedrules
forapplyingdifferentialamountsforcolzaandrape
seedandrepealingRegulation (EEC)No1464/73(5),
aslastamendedbyRegulation (EEC)No632/75(6),
andinparticularArticle9(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereas,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdeterminethe
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommissionRegulation (EEC)No1713/76
of15July1976fixingtheamountofthesubsidyon
oilsedds(7),aslastamendedbyRegulation(EEC)No
3214/76(8);HASADOPTED THISREGULATION :
Article1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconvertingthemintonationalcurrenciesshallbe
asshownintheTableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon3January
1977.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30December1976.
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.
(«)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(oOJNoL66,13.3.1975,p.11.
(7)OJNoL192,16.7.1976,p.17.
(8)Seepage25ofthisOfficialJournal.

31.12.76 OfficialJournaloftheEuropeanCommunities NoL362/47
ANNEX
Worldmarketpriceapplicablefrom3January1977forcolzaandrapeseed(CCTheading
Noex12.01)
u.a/100kg(')
worldmarketprice 20-482
Worldmarketpricewherethesubsidyisfixedinadvance:
—forthemonthofJanuary1977 20-482
—forthemonthofFebruary ,1977 20-482
—forthemonthofMarch1977 20-482
—forthemonthofApril1977 20-482
—forthemonthofMay1977 20-482
—forthemonthofJune1977 20-482
(')TheconversionratesfromunitsofaccountintonationalcurrencyasforeseenbyArticle9(5)(a)ofRegulation(EEC)No2300/73
arethefollowing :
1u.a.—DM 315665
1u.a.—Fl 3-35507
1u.a.—Bfr/Lfr48-6572
1u.a.—FF 6-69985
1u.a.—Dkr 7-89407
1u.a.—£ 0-797200
1u.a.—I£ 0-797200
1u.a.—Lit 1174-55