31976R0384

21 . 2 . 76 Official Journal of the European Communities No L 45/37

COMMISSION REGULATION (EEC) No 384/76 of 20 February 1976 determining the world market price (or colza and rape seed

THE COMMISSION OF THE EUROPEAN Whereas to enable the price system to operate COMMUNITIES, normally, the world market price should be calculated on the following basis : Having regard to the Treaty establishing the European Economic Community, — in the case of currencies which are maintained in relation to each other, at any given moment, Having regard to Council Regulation No 136/ within a band of 2-25 % , a rate of exchange based 66/EEC of 22 September 1966 on the establishment on their effective parity ; of a common organization of the markets in oils and — for other currencies an exchange rate based on the fats ( 1), as last amended by Regulation (EEC) No arithmetic mean of the spot market rates of each 1707/73 (2), of these currencies recorded for a given period, in Having regard to Council Regulation (EEC) No relation to the Community currencies referred to 1569/72 of 20 July 1972 laying down special in the previous subparagraph ; measures for colza and rape seed (3), as last amended by Regulation (EEC) No 3477/73 (4), Whereas, applying all these provisions, the world market price for colza and rape seed should be fixed Having regard to Commission Regulation (EEC) No as shown in the table annexed to this Regulation, 2300/73 of 23 August 1973 laying down detailed rules for applying differential amounts for colza and rape seed and repealing Regulation (EEC) No HAS ADOPTED THIS REGULATION : 1464/73 (5), as last amended by Regulation (EEC) No 632/75 (6), and in particular Article 9 (4) thereof, Article 1 Having regard to the opinion of the Monetary Committee , The world market price referred to in Article 9 (4) of Whereas, pursuant to Article 9 (4) of Regulation (EEC) Regulation (EEC) No 2300/73 and the rates to be used No 2300/73 , the Commission must determine the for converting them into national currencies shall be world market price for colza and rape seed ; as shown in the table annexed to this Regulation .

Whereas the world market price should be deter­ mined in accordance with the rules and the criteria Article 2 set out in Commission Regulation (EEC) No 383/76 of 20 February 1976 fixing the amount of the subsidy This Regulation shall enter into force on 23 February 1976 . on oil seeds ( 7) ;

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 20 February 1976. For the Commission

P.J. LARDINOIS Member of the Commission

( 1 ) OJ No 172, 30 . 9 . 1966, p. 3025/66. (2) OJ No L 175, 29 . 6. 1973, p. 5 . h) OJ No L 167, 25. 7. 1972, p. 9. («) OJ No L 357, 28 . 12. 1973 , p. 6 . (5 ) OJ No L 236, 24. 8 . 1973, p. 28 . («) OJ No L 66, 13 . 3 . 1975, p. 11 . (7) See page 33 of this Official Journal .

No L 45/38 Official Journal of the European Communities 21 . 2. 76

ANNEX

World market price applicable from 23 February 1976 (or colza and rape seed (CCT heading No ex 12.01 )

u.a/100 kg (1) World market price 17-276 World market price where the subsidy is fixed in advance : — for the month of February 1976 17-276 — for the month of March 1976 17-276 17-356 — for the month of April 1976 — for the month of May 1976 17-437 — for the month of June 1976 17-518 — for the month of July 1976 17-598

0) The conversion rates from units of account into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73 are the following : 1 u.a . — DM 3-21978 1 u.a . — F1 3-35507 1 u.a. «• Bfr/ Lfr 48-6572 1 u.a. "• FF 5-55419 1 u.a . — Dkr 7-57828 1 u.a. — £ 0-61332 1 u.a. — I £ 0-61332 1 u.a. — Lit 945-466