29.5.92 NoL148/16 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No1421/92
of27May1992
fixingtherateoftheaidfordriedfodder
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;
HavingregardtotheActofAccessionofSpainand
Portugal,Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder(6),aslastamended
byRegulation(EEC)No1757/90Q;HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No2275/89(2),andinparticularArticle5(3)
thereof,
Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgrantedfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
andobtainedfromfodderplantsharvestedinthe
Community ;whereasthataidtakesaccountofa
percentageofthedifferencebetweenthesetwoprices;Whereas,inaccordancewithArticle3ofRegulation
(EEC)No1417/78,whennoofferorquotationcanbe
usedtodeterminetheaverageworldmarketprice,that
priceisdeterminedonthebasisofthesumofthevalue
ofcompetingproducts;whereasthoseproductsare
definedinArticle3(3)ofRegulation(EEC)No1528/78;
WhereastheguidepricewasfixedbyCouncilRegulation
(EEC)No1379/92(3)forthe1992/93marketingyear;
Whereas,pursuanttoArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,theaidrateis
adjustedbyacorrectingamountcalculatedfromthetrend
offorwardprices;WhereasRegulation(EEC)No1627/91setsthepercen­
tagereferredtoinArticle5ofRegulation(EEC)No
1117/78forthe1992/93marketingyearat80%;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;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;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
(')OJNoL142,30.5.1978,p.1.
(2)OJNoL218,28.7.1989,p.1.
OOJNoL147,29.5.1992,p.14.
(4)OJNoL171,28.6.1978,p.1.0OJNoL118,29.4.1989,p.1.(6)OJNoL179,1.7.1978,p.10.0OJNoL162,28.6.1990,p.21.

29.5.92 OfficialJournaloftheEuropeanCommunities NoL148/17
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,aconversionratebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No2205/90(2),
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecuratespublishedintheOfficial
JournaloftheEuropeanCommunities ,Cseries,over
aperiodtobedetermined,multipliedbythecoeffi­
cientreferredtointheprecedingindent;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthese
twoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsoftheseproductsfromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)of
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commissionhasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TherateoftheaidreferredtoinArticle5(3)ofRegula­
tion(EEC)No1117/78isfixedintheAnnextothis
Regulation.
Article2
ThisRegulationshallenterintoforceon1June1992.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27May1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(')OJNoL164,24.6.1985,p.1.
(2)OJNoL201,31.7.1990,p.9.

NoL148/18 OfficialJournaloftheEuropeanCommunities 29.5.92
ANNEX
totheCommissionRegulationof27May1992fixingtherateoftheaidfordriedfodder
Aidapplicablefrom1June1992todriedfodder:
(ECU/tonne)
Fodderdehydratedbyartificialheatdrying
ProteinconcentratesFodderotherwisedried
>
Spain PortugalOther
Member
StatesPortugalOther
Member
States
Aid 72,176 71,911 72,176 38,971 39,236
Aidincaseofadvancefixingforthemonthof:
(ECU/tonne)
July1992
August1992
September1992
October1992(')
November1992(')
December1992(')
January1993(')
February1993(')•
March1993(')79,249
79,249
78,406
0,000
0,000
0,000
0,000
0,000
0,00079,010
79,010
78,164
0,000
0,000
0,000
0,000
0,000
0,00079,249
79,249
78,406
0,000
0,000
0,000
0,000
0,000
0,00046,070
46,070
45,224
0,000
0,000
0,000
0,000
0,000
0,00046,309
46,309
45,466
0,000
0,000
0,000
0,000
0,000
0,000
(')InaccordancewithArticle6(b)ofRegulation(EEC)No1528/78.