OF REGULATION NO 878/77 STATES , ALBEIT SUBJECT TO CERTAIN RESERVATIONS , THAT THE PROVISIONS OF REGULATION NO 1134/68 IN RESPECT OF AN ALTERATION OF THE RELATIONSHIP BETWEEN THE PARITY OF THE CURRENCY OF A MEMBER STATE AND THE VALUE OF THE UNIT OF ACCOUNT ARE TO APPLY TO ALTERATIONS IN THE REPRESENTATIVE RATES , WHEREAS THERE IS NO SUCH REFERENCE IN THE RULES SUBSTITUTING THE ECU FOR THE UNIT OF ACCOUNT FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY .
15 IN THE SECOND PLACE , AS REGARDS THE QUESTIONS RELATING TO THE AGRICULTURAL DECISIONS TAKEN WITH EFFECT FROM 6 APRIL 1981 , IT SUFFICES TO OBSERVE THAT ARTICLE 1 OF REGULATION NO 1134/68 IS CONCERNED ONLY WITH AN ADJUSTMENT OF AGRICULTURAL PRICES PURSUANT TO THE FOURTH PARAGRAPH OF ARTICLE 3 OF REGULATION NO 653/68 , THAT IS TO SAY , AN ADJUSTMENT NECESSARY AS A RESULT OF AN ALTERATION IN MONETARY MATTERS HAVING A DIRECT EFFECT ON THE LEVEL OF AGRICULTURAL PRICES AND EFFECTED , IN DEROGATION OF THE EXISTING AGRICULTURAL REGULATIONS , OUTSIDE THE NORMAL DECISIONS ADOPTED UNDER THE COMMON ORGANIZATION OF THE MARKETS . THAT IS NOT SO IN THE PRESENT CASE SINCE THE DECISIONS IN QUESTION HAVE BEEN ADOPTED NOT AS A RESULT OF THE MONETARY EVENTS OF 23 MARCH 1981 BUT AS PART OF THE ANNUAL REVIEW OF PRICES AT THE BEGINNING OF THE NEW MILK MARKETING YEAR .
16 THAT IS CONFIRMED BY THE FACT THAT THE MEASURES ADJUSTING THE AGRICULTURAL PRICES UNDER THE FOURTH PARAGRAPH OF ARTICLE 3 OF REGULATION NO 653/68 CAN BE ADOPTED ONLY AFTER A LAPSE OF THREE DAYS FOLLOWING THE ANNOUNCEMENT BY THE MEMBER STATE CONCERNED OF AN ALTERATION IN THE PARITY IN QUESTION . IN THE PRESENT CASE THE TARGET AND INTERVENTION PRICES WERE INCREASED AND NEW REFUNDS ESTABLISHED ONLY AFTER THE EXPIRY OF A PERIOD OF TWO WEEKS FOLLOWING THE MONETARY EVENTS OF 23 MARCH 1981 .
17 THE FIRST AND SECOND QUESTIONS MUST THEREFORE BE ANSWERED TO THE EFFECT THAT ARTICLES 1 AND 4 ( 1 ) OF COUNCIL REGULATION NO 1134/68 OF 30 JULY 1968 GIVE NO RIGHT TO THE CANCELLATION OF THE ADVANCE FIXING OF EXPORT REFUNDS AND OF THE CERTIFICATE ATTESTING THERETO EITHER IN THE CASE OF AN ALTERATION IN THE VALUE OF THE CURRENCIES COMPOSING THE ECU INTER SE AND IN RELATION TO THE ECU , OR IN THE CASE OF THE FIXING AFRESH OF THE TARGET AND INTERVENTION PRICES OR EXPORT REFUNDS IN THE SECTOR CONCERNED IN SO FAR AS THE NEW RATES AND PRICES ARE FIXED AS PART OF THE ANNUAL REVIEW OF AGRICULTURAL PRICES UNDER THE COMMON ORGANIZATION OF THE MARKETS .
THIRD AND FOURTH QUESTIONS
18 THE THIRD AND FOURTH QUESTIONS , WHICH MUST BE TAKEN TOGETHER , ASK IN SUBSTANCE WHETHER IN CALCULATING THE DISADVANTAGE , FOR THE PURPOSE OF CANCELLING THE ADVANCE FIXING , REFERRED TO IN THE COMBINED PROVISIONS OF ARTICLE 4 OF COUNCIL REGULATION NO 878/77 OF 26 APRIL 1977 AND ARTICLE 1