CELEX: 31979R1321
Language: en
Date: 1979-06-30 00:00:00
Title: Commission Regulation (EEC) No 1321/79 of 29 June 1979 fixing the rate of the supplementary aid for dried fodder

30 . 6 . 79                             Official Journal of the European Communities                        No L 162/ 67
                                   COMMISSION REGULATION (EEC) No 1321 /79
                                                        of 29 June 1979
                                fixing the rate of the additional aid for dried fodder
THE COMMISSION OF THE EUROPEAN                                    Whereas when no offer of or quotation for the
COMMUNITIES,                                                      products described in the first indent of Article 1 (b)
                                                                  of Regulation (EEC) No 1117/78 can be used to
Having regard to the Treaty establishing the European             determine the average world market price it is to be
Economic Community,                                               determined from offers on the world market of and
                                                                  quotations on the exchanges important for interna­
Having regard to Council Regulation (E^C) No                      tional trade for the products described in the second
1117/78 of 22 May 1978 on the common organization                  indent of Article 1 (b) of Regulation (EEC) No
of the market in dried fodder ( 1 ), and in particular             1117/78 ;
Article 5 (3) thereof,
                                                                  Whereas under Article 3 of Regulation (EEC) No
Having regard to the opinion of the Monetary                       1417/78 when no offer or quotation can be used to
Committee,
                                                                   determine the average world market price it is deter­
                                                                   mined from the last average world market price deter­
Whereas under Article 5 ( 1 ) of Regulation (EEC) No               mined, this being adjusted on the basis of price deve­
1117/78 when the guide price is higher than the                    lopments for the same products of Community origin
average world market price a supplementary aid is                  and world prices of competing products ;
given for dried fodder as described under Article 1 (a),
(b) and (c) of that Regulation obtained from fodder
plants harvested in the Community ; whereas this aid               Whereas the adjustments referred to above were set
is equal to a percentage of the difference between                 out in Article 3 of Commission Regulation (EEC) No
these two prices ;                                                  1528 /78 of 30 June 1978 laying down detailed rules
                                                                   for the application of the system of aid for dried
Whereas this percentage and the guide price were                   fodder (4), as last amended by Regulation (EEC) No
fixed by Council Regulation (EEC) No 1299/79 of 25                  1144/79 (5);
June 1979 fixing the flat-rate production aid and the
guide price for dried fodder for the 1979/80                       Whereas under Article 1 1 of Regulation (EEC) No
marketing year (2) ;                                                1417/78 when forward prices differ from that applying
                                                                   in the month when the application is lodged the
Whereas the average world market price is determined               supplementary aid rate is adjusted by a correcting
 for a bulk pelleted product delivered Rotterdam of the            amount calculated from the trend of forward prices ;
 standard quality for which the guide price has been
 fixed ;
                                                                   Whereas the correcting amount is equal to the differ­
 Whereas under Council Regulation (EEC) No 1417/78                  ence between the average world market price and the
 of 19 June 1978 on the aid system for dried fodder (3),            average forward world market price multiplied by the
 the average world market price for the products                    percentage fixed in Article 3 of Regulation (EEC) No
 described in the first indent of Article 1 (b) Regulation          1299 /79 ; whereas when for one of the months
 (EEC) No 1117/78 is to be determined on the basis of               following that of the introduction of supplementary
 the most favourable actual purchase possibilities                  aid the average forward world market price cannot be
 excepting those which cannot be considered represen­               determined by applying the criteria specified in
 tative of the real market trend ; whereas offers and               Article 1 of Regulation (EEC) No 1417/78 the price
 quotations recorded during the first 25 days of the                determined for the previous month is used to calcu­
 month in question for quantities that can be delivered             late the difference ; whereas when for two or more
 during the following calendar month are to be used ;               consecutive months following that of the introduction
 whereas the average world market price thus deter­                 of supplementary aid the average forward world
 mined is used to fix the supplementary aid rate appli­             market prices cannot be determined by applying the
 cable on the following month ;                                     criteria set out in Article 1 of Regulation (EEC) No
                                                                    1417/78 the prices previously determined for these
 Whereas the necessary adjustments must be made in                  months, adjusted on the basis of the difference
 the case of offers and quotations not of the type                  between the average world market price and the last
 referred to above :                                                forward price determined for the month, are used to
                                                                    calculate the differences for the months in question ;
 (>) OJ No L 142, 30 . 5 . 1978 , p. 1 .
 (2) See page 19 of this Official Journal .                         (4) OJ No L 179, 1 . 7. 1978 , p. 10.
 (3) OJ No L 171 , 28 . 6 . 1978 , p. 1 .                           (5) OJ No L 143, 12. 6. 1979, p. 5 .
 ---pagebreak--- No L 162/68                       Official Journal of the European Communities                               30 . 6 . 79
Whereas when the average world market price is deter­            of these currencies recorded for a given period in
mined in accordance with Articles 2 and 3 of Regula­             relation to the Community currencies referred to
tion (EEC) No 1417/78 the correcting amount must                 in the previous indent ;
be equal to the difference between the average world
                                                             Whereas the rate of the additional aid must be fixed
market price and the average forward world market
price determined by applying the criteria specified in       once per month so as to ensure application of the aid
Articles 1 and 2 of the said Regulation and valid for        from the first day of the month following the date of
delivery during a month other than that of the intro­        its fixing ;
duction of the supplementary aid, multiplied by the          Whereas as a result of the application of all these pro­
percentage fixed 1n Article 3 of Regulation (EEC) No         visions to the offers and quotations which the
642/79 for the product concerned ; whereas when for          Commission has recorded, the rate of the additional
one or more months the average forward world                 aid for dried fodder must be fixed as indicated in the
market price cannot be determined by applying the            table annexed to this Regulation,
criteria specified in Articles 1 and 2 of Regulation
(EEC) No 1417/78 the correcting amount is to be
fixed for the month(s) in question to give a nil rate for    HAS ADOPTED THIS REGULATION :
the supplementary aid ;
                                                                                      Article 1
Whereas, if the aid system is to operate normally,
refunds should be calculated on the following basis :        The rate of the aid referred to in Article 5 (3) of Regu­
— in the case of currencies which are maintained in          lation (EEC) No 1117/78 is fixed in the Annex to this
    relation to each other at any given moment within        Regulation .
    a band of 2-25 % , a rate of exchange based on
    their effective parity ;                                                          Article 2
— for other currencies, an exchange rate based on the
    arithmetic mean of the spot market rates of each         This Regulation shall enter into force on 1 July 1979 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
              Done at Brussels, 29 June 1979.
                                                                       For the Commission
                                                                         Finn GUNDELACH
                                                                            Vice-President
 ---pagebreak--- 30 . 6. 79                         Official Journal of the European Communities                                           No L 162/ 69
                                                          ANNEX
           to the Commission Regulation of 29 June 1979 fixing the rate of the additional aid for
                                                       dried fodder
                               Additional aid applicable from 1 July 1979 to dried fodder
                                                                                                            ( ECU/tonne )
                       CCT heading No             Dehydrated fodder ex 12.10 B     Fodder otherwise dried ex 12.10 B
                                                  Protein concentrates ex 2 3.07 C
           Additional aid                                        8049                           4.599
           Additional aid in case of advance fixing for the month of :
                                                                                                            ( IX I ' fount )
           August 1979                                           8049                           4.599
           September 1979                                        7.371                          4.21 1
           October 1979                                          7.371                          4-211
           November 1979                                         7.189                          4.107
           December 1979                                         7.189                          4.107
           January 1980                                          6.727                          3-843
           February 1980                                         6.946                          3.969
           March 1980                                            6.809                          3.891