NoL370/42 OfficialJournaloftheEuropeanCommunities 30.12.78
COMMISSION REGULATION (EEC)No3122/78
of29December 1978
fixingtheaidrateforpeasandfieldbeansusedinthefeedingofanimals
ofanimals(4),theaveragepricemustbedetermined
per100kilogramsofbulksoyacakeofthestandard
qualitydefinedinArticle1(2)ofRegulation(EEC)
No1120/78deliveredRotterdam ;whereasitmustbe
equaltothearithmeticalmeanoftheoffersandquota­
tionsrecordedduringthefivedaysprecedingtheday
ofdetermination :
Whereasthenecessaryadjustments,notablythose
referredtoinArticle3ofRegulation (EEC)No
3075/78,mustbemadeforoffersandquotationsnot
ofthetypereferredtoabove;
WhereasunderArticle4ofRegulation(EEC)No
3075/78,whennoofferorquotationcanbeusedfor
determiningtheworldmarketpriceofsoyacake,itis
tobedeterminedfromoffersofandquotationsfor
soyacakeobtainedbytheprocessingofsoyaseedin
theCommunity ;whereasinthiscasethemostfavou­
rableoffersandquotationsaretobetakeninto
accountfor:
—bulksoyacakeobtainedbytheprocessingofsoya
seedintheCommunitydeliveredtoRotterdam,
and
—otheroilcakesofferedontheworldmarket,
adjustedasnecessarytotakeaccountofthediffer­
encebetweentheirvalueandthatofsoyacake;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1119/78of22May1978layingdownspecialmeasures
forpeasandfieldbeansusedinthefeedingof
animals(!),andinparticularArticle2(5)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasunderArticle2(1)ofRegulation(EEC)No
1119/78aidisgrantedforpeasandfieldbeansharv­
estedintheCommunityandusedinthemanufacture
offeedingstuffswhentheaverageworldmarketprice
forsoyacakeislowerthantheactivatingprice;
whereasthisaidisequalto45%ofthedifference
betweenthesetwoprices;
Whereastheactivatingpriceforaidforpeasandfield
beansforthe1978/79marketingyearwasfixedby
CouncilRegulation (EEC)No1120/78of22May
1978(2);
WhereasunderCouncilRegulation(EEC)No1418/78
of19June1978adoptinggeneralrulesinconnection
withthespecialmeasuresforpeasandfieldbeans
usedinthefeedingofanimals(3),theaverageworld
marketpriceforsoyacakemustbedeterminedonthe
basisofthemostfavourablepurchasepossibilities ,
exceptingoffersandquotationswhichcannotbe
consideredrepresentative oftherealmarkettrend;
whereasaccountmustbetakenbothofallofferson
theworldmarketandofthepricesquotedon
exchangesthatareimportantforinternationaltrade;
whereasonlythemostfavourableoffersandquota­
tionsfordeliverywithin30daysmustbeused;
WhereasunderArticle2ofCommissionRegulation
(EEC)No3075/78of20December1978layingdown
detailedrulesfortheapplicationofthespecial
measuresforpeasandfieldbeansusedinthefeedingWhereas,iftheaidsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastheaidratemustbefixedasoftenasthe
marketsituationmakesitnecessaryandnotless
frequentlythanonceamonth,(!)OJNoL142,30.5.1978,p.8.
(2)OJNoL142,30.5.1978,p.11.
P)OJNoL171,28.6.1978,p.5. (4)OJNoL367,28.12.1978,p.9.

30.12.78 OfficialJournaloftheEuropeanCommunities NoL370/43
HASADOPTEDTHISREGULATION :
Article1
TheaidreferredtoinArticle2ofRegulation(EEC)
No1119/78isfixedat6.018unitsofaccountper100
kilograms.Article2
ThisRegulationshallenterintoforceon1January
1979.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29December1978.
FortheCommission
FinnGUNDELACH
Vice-President