1.2.92 OfficialJournaloftheEuropeanCommunities NoL24/61
COMMISSION REGULATION (EEC)No239/92
of31January1992
fixingtherateoftheaidfordriedfodder
above;whereastheseadjustmentsweredennedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder^,aslastamended
byRegulation(EEC)No1757/90P);
Whereas,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;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 ;whereasthataidtakesaccountofa
percentageofthedifferencebetweenthesetwoprices;
Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No1627/91(3)forthe
1991/92marketingyear;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No1110/89(%theaverage
worldmarketpricefortheproductsdescribedinthefirst
andthirdindentsofArticle1(b)ofRegulation(EEC)No
1117/78istobedeterminedonthebasisofthemost
favourableactualpurchasepossibilitiesexceptingthose
whichcannotbeconsideredrepresentative ofthereal
markettrend;whereasoffersandquotationsrecorded
duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredtoWhereas,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;
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,aconversionratebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(8),aslastamendedbyRegula­
tion(EEC)No2205/90n,
(')OJNoL142,30.5.1978,p.1.
(2)OJNoL218,28.7.1989,p.1.
(3)OJNoL150,15.6.1991,p.15.
(4)OJNoL171,28.6.1978,p.1.
ftOJNoL118.29.4.1989,d.1.(«)OJNoL179,1.7.1978,p.10.0OJNoL162,28.6.1990,p.21.
(8)OJNoL164,24.6.1985,p.1.
(s)OJNoL201,31.7.1990,p.9.

NoL24/62 OfficialJournaloftheEuropeanCommunities 1.2.92
Commissionhasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,
HASADOPTEDTHISREGULATION :—fortheothercurrencies,anexchangeratebasedonan
averageoftheecuratespublishedintheOfficial
JournaloftheEuropeanCommunities ,Cseries,over
aperiodtobedetermined,multipliedbythecoeffi­
cientreferredtointheprecedingindent;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthese
twoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsofthese
productsfromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)of
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichtheArticle1
TherateoftheaidreferredtoinArticle5(3)ofRegula­
tion(EEC)No1117/78isfixedintheAnnextothis
Regulation .
Article2
ThisRegulationshallenterintoforceon1February1992.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission

1.2.92 OfficialJournaloftheEuropeanCommunities NoL24/63
ANNEX
totheCommissionRegulationof31January1992fixingtherateoftheaidfordriedfodder
Aidapplicablefrom1stFebruary1992todriedfodder:
(ECU/tonne)
IFodderdehydratedbyartificialheatdrying
ProteinconcentratesFodderotherwisedried
Spain PortugalOther
Member
StatesPortugalOther
Member
States
Aid 76,298 75,981 76,298 43,041 43,358
Aidincaseofadvancefixingforthemonthof:
I (ECU/tonne)
March1992 76,285 75,968 76,285 43,028 43,345
April1992 75,716 75,397 75,716 42,457 42,776
May1992(') 0,000 0,000 0,000 0,000 0,000
June1992(') 0,000 0,000 0,000 0,000 0,000
July19920 0,000 0,000 0,000 0,000 0,000
August1992(') 0,000 0,000 0,000 0,000 0,000
September1992(') 0,000 0,000 0,000 0,000 0,000
October1992(') 0,000 0,000 0,000 0,000 0,000
(')InaccordancewithArticle6(b)ofRegulation(BEC)No1528/78.