CELEX: 31979R2414
Language: en
Date: 1979-11-01 00:00:00
Title: Commission Regulation (EEC) No 2414/79 of 31 October 1979 fixing the rate of the supplementary aid for dried fodder

No L 275/40                               Official Journal of the European Communities                           1 . 11 . 79
                                    COMMISSION REGULATION (EEC) No 2414/79
                                                        of 31 October 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 (EEC) 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 ^), as last amended by                 1117/78 ;
Regulation (EEC) No 2285/79 (2), and in particular
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 (5), as last amended by Regulation (EEC) No
fixed by Council Regulation (EEC) No 1299/79 of 25                  2320/79 (6) ;
June 1979 fixing the flat-rate production aid and the
guide price for dried fodder for the 1979/80                        Whereas under Article 11 of Regulation (EEC) No
marketing year (3) ;
                                                                     1417/78 when forward prices differ from that applying
Whereas the average world market price is determined                in the month when the application is lodged the
for a bulk pelleted product delivered Rotterdam of the              supplementary aid rate is adjusted by a correcting
standard quality for which the guide price has been                 amount calculated from the trend of forward prices ;
fixed ;
                                                                    Whereas the correcting amount is equal to the differ­
Whereas, under Council Regulation (EEC) No                          ence between the average world market price and the
 1417/78 of 19 June 1978 on the aid system for dried                average forward world market price multiplied by the
fodder (4), the average world market price for the                  percentage fixed in Article 3 of Regulation (EEC) No
products described in the first indent of Article 1 (b)              1 299 /79 ; whereas when for one of the months
Regulation (EEC) No 1 1 1 7/78 is to be determined on               following that of the introduction of supplementary
the basis of the most favourable actual purchase possi­             aid the average forward world market price cannot be
bilities excepting those which cannot be considered                 determined by applying the criteria specified in
representative of the real market trend ; whereas offers            Article 1 of Regulation (EEC) No 1417/78 the price
and 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
Whereas the necessary adjustments must be made in                    1417/78 the prices previously determined for these
the case of offers and quotations not of the type                   months, adjusted on the basis of the difference
referred to above ;                                                 between the average world market price and the last
                                                                    forward price determined for the month, are used to
(») OJ  No L  142,  30.  5. 1978 , p. 1 .                           calculate the differences for the months in question ;
(2) OJ  No L 263,   19 . 10 . 1979, p. 1 .
(3) OJ  No L  162,  30.  6. 1979, p. 19 .                           (5) OJ No L 179, 1 . 7. 1978, p. 10.
(4) OJ  No L  171 , 28 . 6. 1978, p. 1 .                            (b) OJ No L 265, 23. 10. 1979, p. 5.
 ---pagebreak--- 1 . 11 . 79                        Official Journal of the European Communities                          No L 275/41
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 the result of the applications of all these
percentage fixed in Article 3 of Regulation (EEC) No          provisions 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
                                                              HAS ADOPTED THIS REGULATION :
fixed for the month(s) in question to give a nil rate for
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
                                                              Regulation .
     relation to each other at any given moment within
     a band of 2-25 % , a rate of exchange based on
                                                                                       Article 2
     their effective parity ;
— for other currencies, an exchange rate based on the         This Regulation shall enter into force on 1 November
     arithmetic mean of the spot market rates of each         1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 31 October 1979.
                                                                        For the Commission
                                                                          Finn GUNDELACH
                                                                             Vice-President
 ---pagebreak--- No L 275/42                       Official Journal of the European Communities                                        1 . 11 . 79
                                                         ANNEX
          to the Commission Regulation of 31 October 1979 fixing the rate of the supplementary aid
                                                   for dried fodder
                           Additional aid applicable from 1 November 1979 to dried fodder
                                                                                                          (ECU/tonne)
                                                 Dehydrated fodder ex 12.10 B    Fodder otherwise dried ex 12.10 B
                      CCT heading No             Protein concentrates ex 23.07 C
          Additional aid                                        4.656                         2.661
          Additional aid in case of advance fixing for the month of :
                                                                                                          (ECU/tonne)
          December 1979                                         4-495                         2.569
          January 1980                                          3.901                         2-229
          February 1980                                         3-901                         2-229
          March 1980                                            4-670                         2-669
          April 1980                                            4-955                         2-832
          May 1980                                                 0                             0
          June 1980                                                0                             0
          July 1980                                                0                             0
          August 1980                                              0                             0
          September 1980                                           0                             0
          October 1980                                             0                             0