NoL304/42 OfficialJournaloftheEuropeanCommunities 30.10.82
COMMISSION REGULATION (EEC)No2910/82
of29October1982
fixingtheaidforcastorseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
2874/77of19December1977layingdownspecial
measuresinrespectofcastorseeds('),andinparticular
Article2(5)thereof,
HavingregardtoCouncilRegulation (EEC)No
1853/78of25July1978adoptinggeneralrulesin
connectionwithspecialmeasuresforcastorseeds(2),
HavingregardtotheopinionoftheMonetary
Committee,
WhereasArticle2(1)ofRegulation(EEC)No2874/77
specifiesthataidshallbegrantedinrespectofcastor
seedswhentheguidepriceforamarketingyearis
higherthantheworldmarketprice;whereasthisaid
istobeequaltothedifferencebetweenthesetwo
prices;
WhereastheguidepricehasbeenfixedbyCouncil
Regulation(EEC)No1424/82of18May1982fixing
theguidepriceforcastorseedsforthe1982/83
marketingyear(3);
Whereastheworldmarketpriceisdeterminedforseed
inbulkdeliveredtoRotterdamofthestandardquality
forwhichtheguidepricewasfixed;
WhereasCouncilRegulation (EEC)No1853/78
providesthattheworldmarketpriceshallbedeter­
minedonthebasisoftheactualmostfavourable
purchasingpossibilitiesdisregardingoffersandprices
whichcannotbeconsideredasrepresentative ofthe
actualmarkettrend;
Whereasindeterminingtheworldmarketprice
accountistobetakenonlyoftheoffersmadeonthe
worldmarketfordeliveryduringthemostrepresenta­
tiveperiodforthesaleofseedofCommunityorigin
andofthepricesquotedfordeliveryduringthesame
periodonthemajorinternationalexchanges;whereas
themostrepresentativeperiodforthesaleofseedof
CommunityoriginhasbeenfixedbyCommissionRegulation(EEC)No2081/79of26September1979
layingdowndetailedrulesfortheapplicationofthe
specialmeasuresforcastorseeds(4);
Whereasoffersandpriceswhichdonotsatisfythese
conditionsmustbeadjustedinaccordancewithArticle
2ofCommissionRegulation(EEC)No2081/79;
WhereasArticle2ofRegulation(EEC)No1853/78
providesthatwherenoofferorpricecanbeusedto
determinetheworldmarketpriceofcastorseedit
shallbedeterminedonthebasisoftheoffersand
pricesontheworldorCommunitymarketsforcastor
oilandoil-cake;whereasforthispurposethevalueof
theaveragequantitiesofoilandoil-cakeobtainedin
theCommunityfromprocessing 100kilogramsof
castorseedlesstheamountofthecostofprocessing
theseedintooilandoil-cakeshallbeused;
WhereasArticle3ofRegulation(EEC)No1853/78
providesthatwherenoofferorpricecanbeusedto
determinetheworldmarketpriceforcastorseedand,
further,itisimpossibletoestablishthevalueofthe
oil-cakeoroilprocessedfromsuchseed,theworlds
marketpriceshallbeequaltotheguidepricefor
castorseed;
Whereas,iftheaidsystemistooperatenormally,it
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theircentralrate,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereas,inthelightoftheaboverules,theworld
marketpriceshouldbefixedat44-887ECUper100
kilograms;
Whereastheaidmustbefixedonceamonth,andin
suchawaythatitcanbeappliedfromthefirstdayof
themonthfollowingthedateoffixing;whereasit
maybealteredbetweenfixing;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,
(')OJNoL332,24.12.1977,p.1.
0OJNoL212,2.8.1978,p.1.0OJNoL162,12.6.1982,p.21. OOJNoL244,27.9.1979,p.11.

30.10.82 OfficialJournaloftheEuropeanCommunities NoL304/43
HASADOPTEDTHISREGULATION : Article2
Article1
TheaidreferredtoinArticle2ofRegulation (EEC)ThisRegulationshallenterintoforceon1November
No2874/77shallbe21-503ECUper100kilograms.1982.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29October1982.
FortheCommission
PoulDALSAGER
MemberoftheCommission