NoL370/44 OfficialJournaloftheEuropeanCommunities 30.12.78
COMMISSION REGULATION (EEC)No3123/78
of29December 1978
fixingtherateoftheadditionalaidfordriedfodder
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
1117/78of22May1978onthecommonorganization
ofthemarketindriedfodder(1),andinparticular
Article5(3)thereof,
HavingregardtotheopinionoftheMonetary
Committee,
WhereasunderArticle5(1)ofRegulation(EEC)No
1117/78whentheguidepriceishigherthanthe
averageworldmarketpriceasupplementary aidis
givenfordriedfodderasdescribedunderArticle1(a),
(b)and(c)ofthatRegulationobtainedfromfodder
plantsharvestedintheCommunity ;whereasthisaid
isequaltoapercentageofthedifferencebetween
thesetwoprices;
Whereasthispercentageandtheguidepricewere
fixedbyCouncilRegulation(EEC)No1118/78of22
May1978fixingtheflat-rateproductionaidandthe
guidepricefordriedfodderforthe1978/79
marketingyear(2);
Whereastheaverageworldmarketpriceisdetermined
forabulkpelletedproductdeliveredRotterdamofthe
standardqualityforwhichtheguidepricehasbeen
fixed;
WhereasunderCouncilRegulation(EEC)No1417/78
of19June1978ontheaidsystemfordriedfodder(3),
theaverageworldmarketpricefortheproducts
describedinthefirstindentofArticle1(b)Regulation
(EEC)No1117/78istobedeterminedonthebasisof
themostfavourableactualpurchasepossibilities
exceptingthosewhichcannotbeconsideredrepresen­
tativeoftherealmarkettrend;whereasoffersand
quotationsrecordedduringthefirst25daysofthe
monthinquestionforquantitiesthatcanbedelivered
duringthefollowingcalendarmontharetobeused;
whereastheaverageworldmarketpricethusdeter­
minedisusedtofixthesupplementary aidrateappli­
cableonthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadein
thecaseofoffersandquotationsnotofthetype
referredtoabove:Whereaswhennoofferoforquotationforthe
productsdescribedinthefirstindentofArticle1(b)
ofRegulation(EEC)No1117/78canbeusedto
determinetheaverageworldmarketpriceitistobe
determinedfromoffersontheworldmarketofand
quotationsontheexchangesimportantforinterna­
tionaltradefortheproductsdescribedinthesecond
indentofArticle1(b)ofRegulation(EEC)No
1117/78;
WhereasunderArticle3ofRegulation (EEC)No
1417/78whennoofferorquotationcanbeusedto
determinetheaverageworldmarketpriceitisdeter­
minedfromthelastaverageworldmarketpricedeter­
mined,thisbeingadjustedonthebasisofpricedeve­
lopmentsforthesameproductsofCommunityorigin
andworldpricesofcompetingproducts;
Whereastheadjustmentsreferredtoabovewereset
outinArticle3ofCommissionRegulation(EEC)No
1528/78of30June1978layingdowndetailedrules
fortheapplicationofthesystemofaidfordried
fodder(4),aslastamendedbyRegulation (EEC)No
3074/78(5);
WhereasunderArticle11ofRegulation(EEC)No
1417/78whenforwardpricesdifferfromthatapplying
inthemonthwhentheapplicationislodgedthe
supplementary aidrateisadjustedbyacorrecting
amountcalculatedfromthetrendofforwardprices;
Whereasthecorrectingamountisequaltothediffer­
encebetweentheaverageworldmarketpriceandthe
averageforwardworldmarketpricemultipliedbythe
percentagefixedinArticle3ofRegulation(EEC)No
1118/78;whereaswhenforoneofthemonths
followingthatoftheintroductionofsupplementary
aidtheaverageforwardworldmarketpricecannotbe
determinedbyapplyingthecriteriaspecifiedin
Article1ofRegulation(EEC)No1417/78theprice
determinedforthepreviousmonthisusedtocalcu­
latethedifference ;whereaswhenfortwoormore
consecutivemonthsfollowingthatoftheintroduction
ofsupplementary aidtheaverageforwardworld
marketpricescannotbedeterminedbyapplyingthe
criteriasetoutinArticle1ofRegulation(EEC)No
1417/78thepricespreviouslydeterminedforthese
months,adjustedonthebasisofthedifference
betweentheaverageworldmarketpriceandthelast
forwardpricedeterminedforthemonth,areusedto
calculatethedifferencesforthemonthsinquestion;
(»)OJNoL142,30.5.1978,p.1.
(2)OJNoL142,30.5.1978,p.6.h)OJNoL171,28.6.1978,p.1.(4)OJNoL179,1.7.1978,p.10.
(*)OJNoL367,28.12.1978,p.1.

30.12.78 OfficialJournaloftheEuropeanCommunities NoL370/45
Whereaswhentheaverageworldmarketpriceisdeter­
minedinaccordancewithArticles2and3ofRegula­
tion(EEC)No1417/78thecorrectingamountmust
beequaltothedifferencebetweentheaverageworld
marketpriceandtheaverageforwardworldmarket
pricedeterminedbyapplyingthecriteriaspecifiedin
Articles1and2ofthesaidRegulationandvalidfor
deliveryduringamonthotherthanthatoftheintro­
ductionofthesupplementary aid,multipliedbythe
percentagefixedinArticle3ofRegulation(EEC)No
1118/78fortheproductconcerned;whereaswhenfor
oneormoremonthstheaverageforwardworld
marketpricecannotbedeterminedbyapplyingthe
criteriaspecifiedinArticles1and2ofRegulation
(EEC)No1417/78thecorrectingamountistobe
fixedforthemonth(s)inquestiontogiveanilratefor
thesupplementary aid;
Whereas,iftheaidsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastherateoftheadditionalaidmustbefixed
oncepermonthsoastoensureapplicationoftheaid
fromthefirstdayofthemonthfollowingthedateof
itsfixing;Whereas,intheabsenceoftheguidepriceforthe
1979/80marketingyearfordriedfodder,inthecase
ofadvancefixingforthemonthsofApril,May,June,
July,August,SeptemberandOctober1979,the
amountofsubsidyontheseproductshasbeenobtai­
nableonlyonthebasisoftheguideprice;whereas,
thereforethisamountmaybeappliedonatemporary
basisandshouldbeconfirmedorreplacedwhenthe
guidepriceforthe1979/80marketingyearisknown;
Whereasasaresultoftheapplicationofallthesepro­
visionstotheoffersandquotationswhichthe
Commission hasrecorded,therateoftheadditional
aidfordriedfoddermustbefixedasindicatedinthe
tableannexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
1.TherateoftheaidreferredtoinArticle5(3)of
Regulation(EEC)No1117/78isfixedintheAnnex
tothisRegulation.
Article2
2.Theamountofthesubsidyforthemonthsof
April,May,June,July,August,Septemberand
October1979will,however,asfordriedfodder,be
confirmedorreplacedasfrom1January1979totake
intoaccounttheguidepricewhichisfixedforthese
productsforthe1979/80marketingyear.
ThisRegulationshallenterintoforceon1January
1979.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29December1978.
FortheCommission
FinnGUNDELACH
Vice-President

NoL370/46 OfficialJournaloftheEuropeanCommunities 30.12.78
ANNEX
todieCommissionRegulationof29December1978fixingdierateoftheadditionalaid
fordriedfodder
Additionalaidapplicablefrom1January1979todriedfodder
(u.a./tonne)
CCTheadingNoDehydratedfodderex12.10B
Proteinconcentrates ex23.07CFodderotherwisedriedex12.10B
Additionalaid 18.775 10.729
Additionalaidincaseofadvancefixingforthemonthof:
February1979 18.709 10.691
March1979 18.571 10.612
April1979 18.503 10.573
May1979 18.186 10.393
June1979 17.358 9.919
July1979 17.358 9.919
August1979 17.358 9.919
September1979 17.358 9.919
October1979 17.358 9-919