NoL148/46 OfficialJournaloftheEuropeanCommunities1.6.89
COMMISSION REGULATION (EEC)No1514/89
of31May1989
fixingtherateoftheaidfordriedfodder
duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder(6),aslastamended
byRegulation(EEC)No1963/880;HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No3996/87(2),andinparticularArticle5(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,inaccordancewithArticle3ofRegulation
(EEC)No1417/78,whennoofferorquotationcanbe
usedtodeterminetheaverageworldmarketprice,that
priceisdeterminedonthebasisofthesumofthevalue
ofcompetingproducts;whereasthoseproductsare
definedinArticle3(3)ofRegulation(EEC)No1528/78;Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgrantedfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
andobtainedfromfodderplantsharvestedinthe
Community ;whereasthataidtakesaccountofapercen­
tageofthedifferencebetweenthesetwoprices;
Whereas,pursuanttoArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,theaidrateis
adjustedbyacorrectingamountcalculatedfromthetrend
offorwardprices;Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No1111/89of27April
1989fixingforthe1989/90marketingyeartheguide
pricefordriedfodder(');
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No1110/89(*),theaverage
worldmarketpricefortheproductsdescribedinthefirst
andthirdindentsofArticle1(b)ofRegulation(EEC)No
1117/78istobedeterminedontheJ>asisofthemost
favourableactualpurchasepossibilitiesexceptingthose
whichcannotbeconsideredrepresentative ofthereal
markettrend;whereasoffersandquotationsrecordedWhereas,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.
(J)OJNoL377,31.12.1987,p.35.
(')OJNoL118,29.4.1989,p.4.
(<)OJNoL171,28.6.1978,p.1.0OJNoL118,29.4.1989,p.3.(*)OJNoL179,1.7.1978,p.10.0OJNoL173,5.7.1988,p.9.

1.6.89 OfficialJournaloftheEuropeanCommunities NoL148/47
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,aconversionratebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No1636/870,
—forothercurrenciesaconversionratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandontheaforesaidcorrectivefactor;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticle120(1)ofthe1985Actof
Accession,theSpanishpricemustbealignedwiththe
commonpriceinaccordancewiththemethodlaiddown
inArticle70ofthatAct;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthesetwoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsofthese
productsfromthirdcountries;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
ThisRegulationshallenterintoforceon1June1989.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31May1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(')OJNoL164,24.6.1985,p.1.
(2)OJNoL153,13.6.1987,p.1.

NoL148/48 OfficialJournaloftheEuropeanCommunities1.6.89
ANNEX
totheCommissionRegulationof31May1989fixingtherateoftheaidfordriedfodder
Aidapplicablefrom1June1989todriedfodder:
(ECU/tonne)
Fodderdehydratedbyartificialheatdrying
ProteinconcentratesFodderotherwisedried
Spain PortugalOther
Member
StatesSpain PortugalOther
Member
States
Aid 48,032 59,507 61,272 5,032 16,507 18,272
Aidincaseofadvancefixingforthemonthof:
l l (ECU/tonne)
July1989
August1989
September1989
October1989
November1989
December1989
January1990(')
February1990(')
March1990(')52,147
52,147
51,616
54,155
54,368
54,368
0,000
0,000
0,00063,684
63,684
63,145
65,722
65,938
65,938
0,000
0,000
0,00065,387
65,387
64,856
67,395
67,608
67,608
0,000
0,000
0,0009,147
9,147
8,616
11,155
11,368
11,368
0,000
0,000
0,00020,684
20,684
20,145
22,722
22,938
22,938
0,000
0,000
0,00022,387
22,387
21,856
24,395
24,608
24,608
0,000
0,000
0,000
(')InaccordancewithArticle6(b)ofRegulation(EEC)No1528/78.