31977R0764

No L 92/20 Official Journal of the European Communities 14. 4. 77

COMMISSION REGULATION ( EEC) No 764/77 of 13 April 1977 fixing the world market price for colza and rape seed

THE COMMISSION OF THE EUROPEAN oil seeds (7), as last amended by Regulation (EEC) No COMMUNITIES , 763/77 (8) ; Having regard to the Treaty establishing the European Whereas to enable the price system to operate Economic Community, normally, the world market price should be calculated on the following basis : Having regard to Council Regulation No 136/ — in the case of currencies which are maintained in 66/EEC of 22 September 1966 on the establishment relation to each other, at any given moment, of a common organization of the markets in oils and within a band of 2-25 % , a rate of exchange based fats ('), as last amended by Regulation (EEC) No on their effective parity ; 1707/73 (2), — for other currencies an exchange rate based on the Having regard to Council Regulation (EEC) No arithmetic mean of the spot market rates of each 1569/72 of 20 July 1972 laying down special of these currencies recorded for a given period, in measures for colza and rape seed (3), as last amended relation to the Community currencies referred to by Regulation ( EEC) No 3477/73 (4 ), in the previous subparagraph ; Having regard to Commission Regulation (EEC) No Whereas, applying all these provisions, the world 2300 /73 of 23 August 1973 laying down detailed market price for colza and rape seed should be fixed rules for applying differential amounts for colza and as shown in the table annexed to this Regulation, rape seed and repealing Regulation (EEC) No 1464/73 (5), as last amended by Regulation (EEC) No HAS ADOPTED THIS REGULATION : 632/75 (6), and in particular Article 9 (4) thereof,

Having regard to the opinion of the Monetary Article 1 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 Article 2 mined in accordance with the rules and the criteria set out in Commission Regulation ( EEC) No 1713 /76 This Regulation shall enter into force on 14 April 1977 . of 15 July 1976 fixing the amount of the subsidy on

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

Done at Brussels , 13 April 1977. For the Commission

Finn GUNDELACH Vice-President

(') OJ No 172, 30 . 9 . 1966, p . 3025/ 66 . (2 ) OJ No L 175, 29 . 6 . 1973, p. 5 . (}) OJ No L 167 , 25 . 7 . 1972, p. 9 . (4 ) OJ No L 357, 28 . 12 . 1973 , p. 6 . (*) OJ No L 236, 24. 8 . 1973 , p . 28 . (7) OJ No L 192, 16. 7 . 1976, p. 17. (6) OJ No L 66, 13 . 3 . 1975, p. 11 . (8) See page 18 of this Official Journal .

14 . 4. 77 No L 92/ 21 Official Journal of the European Communities

ANNEX

World market price applicable from 14 April 1977 for colza and rape seed (CCT heading No ex 12.01 )

u.a. /100 kg (') World market price 27.509 World market price where the subsidy is fixed in advance : 27.509 — for the month of April 1977 — for the month of May 1977 27.509 — for the month of June 1977 27.509 — for the month of July 1977 27.509 27.509 — for the month of August 1977 — for the month of September 1977 27.509

(') 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 15665 1 u.a . - F1 3.35507 1 u.a , - Bfr/ Lfr 48-6572 1 u.a . — FF 6-63174 I u.a . - Dkr 813822 1 u.a . - £ 0.775723 1 u.a . - I £ 0-775723 1 u.a . — Lit 1 f80-71