NoL178/32 OfficialJournaloftheEuropeanCommunities 1.7.78
COMMISSION REGULATION (EEC)No1500/78
of30June1978
fixingtheamountofthesubsidyonoilseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,miningworldmarketpricesforoilseedsandfixedthe
frontiercrossingpointatRotterdam ;
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsand
fats(1),aslastamendedbyRegulation (EEC)No
1419/78(2),andinparticularArticle27(4)thereof,WhereasArticle1ofthatRegulationprovidesthat
whentheworldmarketpriceisbeingdetermined
accountshouldbetakenofalloffersontheworld
marketknowntotheCommissionandofquotations
onthoseexchangeswhicharesignificantforinterna­
tionaltrade;whereasArticle2ofCommissionRegula­
tionNo225/67/EECof28June1967ondetailed
rulesfordeterminingtheworldmarketpriceforoil
seeds(6),aslastamendedbyRegulation (EEC)No
1513/78(7),providesthatoffersandquotationswhich
donotrelatetoshipmentstobeeffectedwithin30
daysfollowingthedateonwhichtheworldmarket
priceisdeterminedshouldbedisregarded ;whereas
offersandquotationswhichtheCommissionbelieves,
inviewofgeneralpricemovementsorinformation
availabletoit,nottoberepresentative ofthereal
trendofthemarketmustalsobedisregarded ;whereas
offersandquotationsrelatingtoquantitiesoflessthan
500tonnesandoffersrelatingtoseedofaquality
otherthanthatnormallyacceptableontheworld
marketmustalsobedisregarded ;HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbegrantedinrespectof
oilseedsharvestedandprocessedwithintheCommu­
nitywhenthetargetpriceforaspeciesofseedis
higherthanthepriceontheworldmarket;whereas
theseprovisionsapplyonlyinrespectofcolza,rape
andsunflowerseeds:
Whereasthesubsidyonoilseedsshould,theoretically ,
beequaltothedifferencebetweenthosetwoprices;WhereasArticle3ofRegulationNo225/67/EEC
providesthatoftheoffersandquotationstakeninto
consideration ,thosefordeliverycandfshouldbe
increasedby0.2%;whereasoffersandquotationsfor
deliveryfas,foborotherwiseshouldbeincreased,as
appropriate ,byloading,transportandinsurancecosts
fromthepointofshipmentorloadingtothefrontier
crossingpoint;whereascifoffersandquotationsfor
frontiercrossingpointsotherthanRotterdamshould
beadjustedtoallowforthedifferenceintransport
costsascomparedwithaproductdeliveredcif
Rotterdam ;whereastheCommission shouldtake
accountonlyoftheloading,transportandinsurance
costswhichtoitsknowledgearethelowest;whereas,
finally,offersandquotationsfordeliverycif
Rotterdamshouldbeincreasedby0.20unitof
account ;Whereasthetargetpriceandthemonthlyincreasesin
thetargetpriceforoilseedsforthe1978/79
marketingyearwerefixedbyRegulations (EEC)No
1291/78(3)'and(EEC)No1292/78(<);
WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfora
Communityfrontiercrossingpoint,istobedeter­
minedonthebasisofthemostefavourable
purchasingopportunities ,quotationsbeingadjusted
wherenecessarytotakeaccountofquotationsfor
competingproducts;
WhereasArticle4ofCouncilRegulation (No115/
67/EECof6June1967(5)laiddowncriteriafordeterWhereasArticle5ofRegulationNo115/67/EEC
providesthattheworldmarketpriceshouldbedeter­
minedforseedofthestandardqualityforwhichthe
targetpricehasbeenfixed,deliveredinbulk;(')OlNo172,30.9.1966,p.3025/66:
(-')OJNoL171,28.6.1978,p.8.
(J)OJNoL160,17.6.1978,p.1.
(■»)OJNoL160,17.6.1978,p.3.
(5)OJNo111,10.6.1967 ,p.2196/67.(fa)OJNo136,30.6.1967,p.2919/67.
(7)Secpage59ofthisOfficialJournal.

1.7.78 OfficialJournaloftheEuropeanCommunities NoL178/33
WhereasArticle3ofRegulationNo225/67/EEC
providesthatoffersandquotationsrelatingto
productspresentedotherwisethaninbulkshouldbe
adjustedbydeductingtheadditionalvalueresulting
fromthatrepresentation ;whereasoffersandquota­
tionsrelatingtoaqualityotherthanthestandard
qualityforwhichthetargetpricewasfixedshouldbe
adjustedonthebasisofthecoefficientsofequivalence
shownintheAnnextothatRegulation ;whereas,in
thecaseofoffersontheworldmarketforqualitiesof
colzaandrapeseedotherthanthoselistedinthat
Annex,coefficientsofequivalencederivedfromthose
listedinthatAnnexmay,pursuanttoArticle4of
RegulationNo225/67/EEC,beapplied;whereas,
whenderivedcoefficientsarebeingcalculated,
accountmustbetakenofthedifferencesbetween
pricesforthequalitiesofseedinquestionandprices
forthequalitieslistedinthatAnnex,andofthe
characteristics ofthesevariousseeds;—thedifferencebetweenthepriceof100kilograms
ofcolza,rapeorsunflowerseeds,plusprocessing
costs,andthetotalofthepricesofthequantities
ofoilandoilcakeresultingfromtheprocessingof
thetypeofseedinquestion,and
—thedifferencebetweenthepriceof100kilograms
ofoneormoreotherseeds,plusprocessingcosts,
andthetotalofthepricesofthequantitiesofoil
andoilcakeresultingfromtheprocessingofthese
seeds;
Whereasthefactorstobetakenintoconsideration for
thepurposeofdeterminingthatmarginaredefinedin
Article8ofRegulationNo225/67/EEC;whereasno
adjustmentshouldbemadewherethemarginis
foundtobelessthan0-50unitofaccount;whereas
Article6(2)ofRegulationNo115/67/EECprovides
that,whentheamountoftheadjustmentisbeing
determined ,accountshouldbetakenoftheincidence
ofthemargininquestiononmarketingoperationsof
Communitytradersandonthedisposalofthevarious
typesofseedontheworldmarket;
WhereasCouncilRegulation(EEC)No2114/71of28
September1971onthesubsidyforoilseeds(l),as
amendedbyRegulation (EEC)No851/78(2),laid
downrulesforgrantingthesubsidyonoilseeds;
whereasunderthatRegulation ,wherethesubsidyto
begrantedisfixedinadvance,theamountofsuch
subsidymustbeequaltotheamountapplicableon
thedayonwhichtheapplicationforadvancefixing
waslodged,adjustedbythedifferencebetweenthe
targetpricevalidonthatdayandthetargetpricevalid
onthedayonwhichtheseedsareplacedunder
controlatanoilmilland,whereappropriate ,acorrec­
tiveamount;whereasArticle36ofCommissionRegu­
lation(EEC)No1204/72of7June1972layingdown
detailedrulesfortheapplicationofthesubsidysystem
foroilseeds(3),aslastamendedbyRegulation (EEC)
No1270/78(4),providesthatsuchadjustmentshould
involveincreasingorreducingtheamountofsubsidy
applicableonthedayonwhichtheapplicationwas
lodgedbythedifferencebetweenthetargetpricevalid
duringthemonthduringwhichtheseedswereplaced
undercontrolatanoilmillandthetargetpricevalid
onthedayonwhichtheapplicationwaslodged;
WhereasArticle38ofRegulation (EEC)No1204/72
providesthatthecorrectiveamountmustbeequalto
thedifferencebetweentheworldmarketpricefor
colza,rapeandsunflowerseedsandtheforwardprice
forthoseseedsvalidforashipmenteffectedduring
themonthinwhichtheseedswereplacedunder
controlatanoilmill,thosepricesbeingdetermined
inaccordancewithArticles1,4and5ofRegulationWhereasArticle2ofRegulationNo115/67/EEC
providesthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketprice,that
priceshouldbedeterminedonthebasisofthevalue
oftheaveragequantitiesofoilandoilcakeresulting
fromtheprocessingof100kilogramsofseedwithin
theCommunitylessanamountcorresponding tothe
costofprocessingtheseseedsintooilandoilcake;
whereasthequantitiesandcoststobetakeninto
consideration forthepurposesofthecalculationare
fixedinArticle5ofRegulationNo225/67/EEC;
whereasthevalueofthosequantitiesshouldbedeter­
minedinaccordancewiththeprovisionsofArticle6
ofthatRegulation ;
WhereasArticle3ofRegulationNo115/67/EEC
providesthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketpriceand
whereitis,moreover,impossibletoestablishthevalue
oftheoiloroilcakeprocessedfromsuchseed,the
worldmarketpriceshouldbedeterminedonthebasis
ofthemostrecentknownvalueforoiloroilcake,
adjustedtotakeaccountofthetrendofworldprices
forcompetingproductsbyapplyingtothatValuethe
rulessetoutinArticle2ofRegulationNo115/
67/EEC;whereasArticle7ofRegulationNo225/
67/EECdefinescompetingproductsasthoseoilsor
oilcakes,asthecasemaybe,whichappeartohave
beenofferedinthelargestquantitiesontheworld
marketduringtheperiodunderconsideration ;
(')OJNo1222,2.10.1971,p.2.WhereasArticle6(1)ofRegulationNo115/67/EEC
providesthat,whentheworldmarketpriceofatype
ofseedisbeingdetermined ,thepriceusedshouldbe
adjustedbyanamountnotexceedingthemargin
between :(2)OJNoL116,28.4.1978,p.4.
(3)OJNoI133,10.6.1972,p.1.
(4)OJNoL156,14.6.1978,p.38.

NoL178/34 OfficialJournaloftheEuropeanCommunities1.7.78
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
totheoffersandquotationsknowntotheCommis­
sionthatthesubsidyoncolza,rapeandsunflower
seedsshouldbefixedasshowninthetableannexed
tothisRegulation,115/67/EEC;whereas,ifnoofferandnopricecanbe
usedforsuchdetermination ,themethodofcalcula­
tionprovidedforinArticle38ofRegulation(EEC)
No1204/72shouldbeused;whereastheabove
mentioneddifferencemaybeadjustedpursuantto
Article39ofRegulation(EEC)No1204/72,account
beingtakenofpricesforsoyaseedsontheworld
market;
Whereasthesubsidyshouldbefixedwheneverthe
marketsituationmakesitnecessaryandinsuchaway
astoensureitsbeingappliedatleastonceaweek;
whereasthesubsidymaybealteredwheneverit
becomesobviousthatsuchalterationisnecessary;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachHASADOPTEDTHISREGULATION :
Article1
TheamountofthesubsidyreferredtoinArticle27of
RegulationNo136/66/EECisherebyfixedasshown
inthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon1July1978.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30June1978.
FortheCommission
FinnGUNDELACH
Vice-President

1.7.78 OfficialJournaloftheEuropeanCommunities NoL178/35
ANNEX
totheCommissionRegulationof30June1978fixingtheamountofthesubsidyonoil
seeds
Subsidyapplicablefrom1July1978tocolzaandrapeseed(CCTheadingNoex12.01)and
sunflowerseeds(CCTheadingNoex12.01)(u.a./100kg)
Colzaandrapeseed
SubsidySunflowerseed
12.067
12.067
12-178
11.824
11.9639.215
9.215
9.547
10.025
13-359
13.669
13-979Subsidyinthecaseofadvancefixing:
—forthemonthofJuly1978
—forthemonthofAugust1978
—forthemonthofSeptember1978
—forthemonthofOctober1978
—forthemonthofNovember1978
—forthemonthofDecember1978