30.6.79 OfficialJournaloftheEuropeanCommunities NoL162/65
COMMISSION REGULATION (EEC)No1320/79
of29June1979
fixingtheaidrateforpeasandfieldbeansusedinthefeedingofanimals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1119/78of22May1978layingdownspecialmeasures
forpeasandfieldbeansusedinthefeedingof
animals(J),andinparticularArticle2(5)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasunderArticle2(1)ofRegulation (EEC)No
1119/78aidisgrantedforpeasandfieldbeansharv­
estedintheCommunityandusedinthemanufacture
offeedingstuffswhentheaverageworldmarketprice
forsoyacakeislowerthantheactivatingprice;
whereasthisaidisequalto45%ofthedifference
betweenthesetwoprices;
Whereastheactivatingpriceforaidforpeasandfield
beansforthe1979/80marketingyearwasfixedby
CouncilRegulation (EEC)No1298/79of25June
1979(2);
WhereasunderCouncilRegulation (EEC)No1418/78
of19June1978adoptinggeneralrulesinconnection
withthespecialmeasuresforpeasandfieldbeans
usedinthefeedingofanimals(3),asamendedby
Regulation (EEC)No1212/79(4),theaverageworld
marketpriceforsoyacakemustbedeterminedonthe
basisofthemostfavourablepurchasepossibilities ,
exceptingoffersandquotationswhichcannotbe
consideredrepresentative oftherealmarkettrend;
whereasaccountmustbetakenbothofallofferson
theworldmarketandofthepricesquotedon
exchangesthatareimportantforinternationaltrade;
whereasonlythemostfavourableoffersandquota­
tionsfordeliverywithin30daysmustbeused;
WhereasunderArticle2ofCommissionRegulation
(EEC)No3075/78of20December1978layingdown
detailedrulesfortheapplicationofthespecial
measuresforpeasandfieldbeansusedinthefeedingofanimals(5),asamendedbyRegulation (EEC)No
1334/79(6),theaveragepricemustbedeterminedper
100kilogramsofbulksoyacakeofthestandard
qualitydefinedinArticle1(2)ofRegulation (EEC)
No1298/79deliveredRotterdam ;whereasitmustbe
equaltothearithmeticalmeanoftheoffersandquota­
tionsrecordedduringthefivedaysprecedingtheday
ofdetermination ;
Whereasthenecessaryadjustments ,notablythose
referredtoinArticle3ofRegulation (EEC)No
3075/78,mustbemadeforoffersandquotationsnot
ofthetypereferredtoabove;
WhereasunderArticle4ofRegulation (EEC)No
3075/78,whennoofferorquotationcanbeusedfor
determiningtheworldmarketpriceofsoyacake,itis
tobedeterminedfromoffersofandquotationsfor
soyacakeobtainedbytheprocessingofsoyaseedin
theCommunity ;whereasinthiscasethemostfavou­
rableoffersandquotationsaretobetakeninto
accountfor:
—bulksoyacakeobtainedbytheprocessingofsoya
seedintheCommunitydeliveredtoRotterdam,
and
—otheroilcakesofferedontheworldmarket,
adjustedasnecessarytotakeaccountofthediffer­
encebetweentheirvalueandthatofsoyacake;
Whereas,iftheaidsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastheaidratemustbefixedasoftenasthe
marketsituationmakesitnecessaryandnotless
frequentlythanonceamonth,(!)OJNoL142,30.5.1978,p.8.
(2)Seepage18ofthisOfficialJournal.
(3)OJNoL171,28.6.1978,p.5.
(4)OJNoL153,21.6.1979,p.6.(5)OJNoL367,28.12.1978,p.9.
(6)Seepage100ofthisOfficialJournal.

NoL162/66 OfficialJournaloftheEuropeanCommunities 30.6.79
HASADOPTED THISREGULATION :
Article1
TheaidreferredtoinArticle2ofRegulation (EEC)
No1119/78isfixedat6-220ECUper100kilograms.Article2
ThisRegulationshallenterintoforceon1July1979.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29June1979.
FortheCommission
FinnGUNDELACH
Vice-President