1.2.90 OfficialJournaloftheEuropeanCommunities NoL30/33
COMMISSION REGULATION (EEC)No266/90
of31January1990
fixingtherateoftheaidfordriedfodder
andthirdindentsofArticle1(b)ofRegulation(EEC)No
1117/78istobedeterminedonthebasisofthemost
favourableactualpurchasepossibilitiesexceptingthose
whichcannotbeconsideredrepresentative ofthereal
markettrend;whereasoffersandquotationsrecorded
duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3of:CommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder^),aslastamended
byRegulation(EEC)No2293/89Q;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No2275/89(2),andinparticularArticle5(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgrantedfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
andobtainedfromfodderplantsharvestedinthe
Community ;whereasthataidtakesaccountofapercen­
tageofthedifferencebetweenthesetwoprices;
Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No1111/89of27April
1989fixingforthe1989/90marketingyeartheguide
pricefordriedfodder(');
Whereas,intheabsenceoftheguidepricefordried
fodderandofthepercentagesreferredtoinArticle5of
Regulation(EEC)No1117/78forthe1990/91marketing
year,therateoftheaidincaseofadvancefixingforthe
monthsconcernedhasbeenobtainableonlyprovisionally
andshouldbeconfirmedorreplacedoncetheguide
price,relatedmeasuresandthepercentagesreferredtoin
Article5ofRegulation(EEC)No1117/78forthe
1990/91marketingyearareknown;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No1110/89(*),theaverage
worldmarketpricefortheproductsdescribedinthefirstWhereas,inaccordancewithArticle3ofRegulation
(EEC)No1417/78,whennoofferorquotationcanbe
usedtodeterminetheaverageworldmarketprice,that
priceisdeterminedonthebasisofthesumofthevalue
ofcompetingproducts;whereasthoseproductsare
definedinArticle3(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)No1528/78andvalidfordeliveryduringa
monthotherthanthatinwhichtheaidisintroduced ,
adjustedbythepercentagefixedunderArticle5(2)of
Regulation(EEC)No1117/78;whereaswheretheaverage
forwardworldmarketpriceforoneormoremonths
cannotbedeterminedbyapplyingthecriterialaiddown
inArticle3(3)ofRegulation (EEC)No1528/78,the
correctiveamountmustbefixedforthemonthormonths
inquestionatalevelsuchthattheaidisequaltozero; (')OJNoL142,30.5.1978,p.1.
(2)OJNoL218,28.7.1989,p.1.
(3)OJNoL118,29.4.1989,p.4.
(4)OJNoL171,28.6.1978,p.1.(jOJNoL118,29.4.1989,p.3.(«)OJNoL179,1.7.1978,p.10.0OJNoL218,28.7.1989,p.30.

NoL30/34 OfficialJournaloftheEuropeanCommunities 1.2.90
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commissionhasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,aconversionratebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No1636/87Q,
—forothercurrenciesaconversionratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandontheaforesaidcorrectivefactor;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticle120(1)ofthe1985Actof
Accession,theSpanishpricemustbealignedwiththe
commonpriceinaccordancewiththemethodlaiddown
inArticle70ofthatAct;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthese
twoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsofthese
productsfromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)ofHASADOPTEDTHISREGULATION r
Article1
1.TherateoftheaidreferredtoinArticle5(3)of
Regulation(EEC)No1117/78isfixedintheAnnexto
thisRegulation .
2.Therateoftheaidincaseofadvancefixingforthe
1990/91marketingyearshall,however,beconfirmedor
replacedwitheffectfrom1February1990totakeinto
accounttheguidepricewhichisfixedfordriedfodder,
relatedmeasuresandthepercentagesreferredtoinArticle
5ofRegulation (EEC)No1117/78forthe1990/91
marketingyear.
Article2
ThisRegulationshallenterintoforceon1February1990.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(')OJNoL164,24.6.1985,p.1.
(2)OJNoL153,13.6.1987,p.1.

1.2.90 OfficialJournaloftheEuropeanCommunities NoL30/35
ANNEX
totheCommissionRegulationof31January1990fixingtherateoftheaidfordriedfodder
Aidapplicablefrom1February1990todriedfodder:
(ECU/tonne)
Fodderdehydratedbyartificialheatdrying
ProteinconcentratesFodderotherwisedried
Spain PortugalOther
Member
StatesPortugalOther
Member
States
Aid 73,584 85,788 86,824 52,788 53,824
Aidincaseofadvancefixingforthemonthof:
(ECU/tonne)
March1990 72,21184,399 85,451\ 51,399 52,451
April1990 68,340 80,485 81,580 47,485 48,580
May1990(') 73,781 81,528 82,611\ 48,528 49,611
June1990(') 73,781 81,528 82,611 48,528 49,611
July19900 74,277 82,029 83,107 49,029 50,107
August1990O 74,277 82,029 83,107\\ 49,029 50,107
September19900 0,000 0,000 0,000\\ 0,000 0,000
October19900 0,000 0,000 0,000 0,000 0,000
(')Subjecttothefixingforthe1990/91marketingyearoftheguidepricefordriedfodderandofthepercentagesmentionedinArticle5ofRegulationEEC)
No1117/78andrelatedmeasures.
(2)InaccordancewithArticle6(b)ofRegulation(EEC)No1528/78.