1.6.88NoL135/56 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No1517/88
of31May1988
fixingtherateoftheaidfordriedfodder
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andinparticularArticles5and
155thereof,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No3996/87(2),andinparticularArticle5(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgrantedfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
obtainedfromfodderplantsharvestedintheCommu­
nity;whereasthataidtakesaccountofapercentageof
thedifferencebetweenthesetwoprices;provisionalbasisandmustbeconfirmedorreplaced
whenthe1988/89pricesareknown;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(3),aslast
amendedbyRegulation(EEC)No1173/87(4),theaverage
worldmarketpricefortheproductsdescribedinthefirst
andthirdindentsofArticle1(b)ofRegulation(EEC)No
1117/78istobedeterminedonthebasisofthemost
favourableactualpurchasepossibilitiesexceptingthose
whichcannotbeconsideredrepresentative ofthereal
markettrend;whereasoffersandquotationsrecorded
duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder(*),aslastamended
byRegulation(EEC)No2334/87(*);
Whereas,inaccordancewithArticle3ofRegulation
(EEC)No1417/78,whennoofferorquotationcanbe
usedtodeterminetheaverageworldmarketprice,that
priceisdeterminedonthebasisofhesumofthevalueof
competingproducts;whereasthoseproductsaredefined
inArticle3(3)ofRegulation(EEC)No1528/78;
Whereas,pursuanttoArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,theaidrateis
adjustedbyacorrectingamountcalculatedfromthetrend
offorwardprices;
Whereas,wheretheaverageworldmarketpriceisdeter­
minedinaccordancewithArticle3ofRegulation(EEC)
No1417/78,thecorrectiveamountmustbeequaltothe
differencebetweentheaverageworldmarketpriceand
theaverageforwardworldmarketpricedeterminedby
applyingthecriterialaiddowninArticle3(3)ofRegula­
tion(EEC)No1528/78andvalidfordeliveryduringaWhereastheCouncilhasnotyetadoptedtheguideprice
forthe1988/89marketingyearwhichbeginson1May
1988;whereastheCommission ,invirtueofthepowers
conferredonitbytheTreaty,musttakethenecessary
measurestoensurethatthecommonagriculturalpolicy
continuestooperateinthedriedfoddersectorand,in
particular,thattheabovementioned aidcontinuestobe
granted;
Whereas,inordertodeterminetherateofaid,calcula­
tionsshouldbebased,ontheonehand,onapriceequal
totheguidepricefixedforthe1987/88marketingyear
and,ontheotherhand,onapercentagesimilartothat
fixedforthatmarketingyearunderArticle5(2)ofRegu­
lation(EEC)No1117/78;
Whereas,sincetheinterventionpriceforbarleyin
1988/89wasnotavailable,theamountsofaidforthe
monthsconcerned,whereadvancefixingtakesplace,were
fixedonthebasisofCommissionproposalstothe
Council;whereasthoseamountsmustbeappliedona
(3)OJNoL171,28.6.1978,p.1.
(4)OJNoL113,30.4.1987,p.13.
(*)OJNoL179,1.7.1987,p.10.
(6)OJNoL210,1.8.1987,p.63.(')OJNoL142,30.5.1978,p.1.
(*)OJNoL377,31.12.1987,p.35.

1.6.88OfficialJournaloftheEuropeanCommunities NoL135/57
commonpriceinaccordancewiththemethodlaiddown
inArticle70ofthatAct;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthese
twoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsV>fthese
productsfromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)of
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commissionhasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,monthotherthanthatinwhichtheaidisintroduced,
adjustedbythepercentagefixedunderArticle5(2)of
Regulation(EEC)No1117/78;whereaswheretheaverage
forwardworldmarketpriceforoneormoremonths
cannotbedeterminedbyapplyingthecriterialaiddown
inArticle3(3)ofRegulation(EEC)No1528/78,the
correctiveamountmustbefixedforthemonthormonths
inquestionatalevelsuchthattheaidisequaltozeroj
Whereasithasnotyetbeenpossibletofixthefixed
amountreferredtointhesecondsubparagraphofArticle
3(3)ofRegulation(EEC)No1528/78asregardsbarley
forthe1988/89marketingyear;
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,aconversionratebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No1636/87(2),
—forothercurrenciesaconversionratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandontheaforesaidcorrectivefactor;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticle120(1)ofthe1985Actof
Accession,theSpanishpricemustbealignedwiththeHASADOPTEDTHISREGULATION :
Article1
1.TherateoftheaidreferredtoinArticle5(3)of
Regulation(EEC)No1117/78shallbeasfixedinthe
AnnextothisRegulation.
2.Theamountsofaidshallbeconfirmedorreplaced
witheffectfrom1June1988totakeaccotintofthe
Councildecisionsapplicableforthe1988/89marketing
year.
Article2
ThisRegulationshallenterintoforceon1June1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMemberStates.
DoneatBrussels,31May1988.
FortheCommission
FransANDRIESSEN
Vice-President
(')OJNoL164,24.6.1985,p.1.
(2)OJNoL153,13.6.1987,p.1.

NoL135/58 OfficialJournaloftheEuropeanCommunities1.6.88
ANNEX
totheCommissionRegulationof31May1988fixingtherateoftheaidfordriedfodder
Aidapplicablefrom1June1988todriedfodder
(ECU/tonne)
Fodderdehydratedbyartificialheat-drying
ProteinconcentratesFodderotherwisedried
1
Spain PortugalOther
Member
StatesSpain PortugalOther
Membef
States
Aid 43,546(')63,481(')65,606(')0,546(')20,481(')22,606(')
Aidincaseofadvancefixingforthemonthof:
(ECU/tonne)
July1988(')
August1988(')
September1988(')49,051 60,090 71,111 6,051 26,090 28,111
49,051 60,090 71,111 6,051 26,090 28,111
48,545 68,574 70,605 5,545 25,574 27,605
October1988(') 55,950 76,118 78,010 12,950 33,118 35,010
November1988(') 55,559 75,720 77,619 12,559 32,720 34,619
December1988(') 55,821 75,987 77,881 12,821 32,987 34,881
January1989(') 55,377 75,534 77,437 12,377 32,534 34,437
February1989(') 55,377 75,534 77,437 12,377 32,534.34,437
March1989(') 55,377 75,534 77,437 12,377 32,534 34,437
(')Subjecttotheadoptionofpricesandrelatedmeasuresforthe1988/89marketingyear.