CELEX: 31978R1500
Language: en
Date: 1978-07-01 00:00:00
Title: Commission Regulation (EEC) No 1500/78 of 30 June 1978 fixing the amount of the subsidy on oil seeds

No L 178 /32                              Official Journal of the European Communities                                1 . 7. 78
                                     COMMISSION REGULATION (EEC) No 1500/78
                                                           of 30 June 1978
                                        fixing the amount of the subsidy on oil seeds
 THE COMMISSION OF THE EUROPEAN                                       mining world market prices for oil seeds and fixed the
 COMMUNITIES,                                                         frontier crossing point at Rotterdam ;
 Having regard to the Treaty establishing the European
 Economic Community,                                                  Whereas Article 1 of that Regulation provides that
                                                                      when the world market price is being determined
                                                                      account should be taken of all offers on the world
 Having regard to Council Regulation No 136/66/EEC                    market known to the Commission and of quotations
 of 22 September 1966 on the establishment of a                       on those exchanges which are significant for interna­
 common organization of the market in oils and                        tional trade ; whereas Article 2 of Commission Regula­
 fats (1 ), as last amended by Regulation (EEC) No                    tion No 225/67/EEC of 28 June 1967 on detailed
 1419/78 (2), and in particular Article 27 (4) thereof,               rules for determining the world market price for oil
                                                                      seeds (6), as last amended by Regulation (EEC) No
                                                                      1513/78 (7), provides that offers and quotations which
                                                                      do not relate to shipments to be effected within 30
 Having regard to the opinion of the Monetary                         days following the date on which the world market
 Committee,
                                                                      price is determined should be disregarded ; whereas
                                                                      offers and quotations which the Commission believes,
                                                                      in view of general price movements or information
Whereas Article 27 of Regulation No 136/66/EEC                        available to it, not to be representative of the real
 provides that a subsidy should be granted in respect of              trend of the market must also be disregarded ; whereas
 oil seeds harvested and processed within the Commu­                  offers and quotations relating to quantities of less than
 nity when the target price for a species of seed is                  500 tonnes and offers relating to seed of a quality
 higher than the price on the world market ; whereas                  other than that normally acceptable on the world
 these provisions apply only in respect of colza, rape                market must also be disregarded ;
 and sunflower seeds :
Whereas the subsidy on oil seeds should, theoretically,               Whereas Article 3 of Regulation No 225/67/EEC
be equal to the difference between those two prices ;                 provides that of the offers and quotations taken into
                                                                      consideration , those for delivery c and f should be
                                                                      increased by 0.2 % ; whereas offers and quotations for
Whereas the target price and the monthly increases in                 delivery fas, fob or otherwise should be increased, as
the target price for oil seeds for the 1978/79                        appropriate, by loading, transport and insurance costs
marketing year were fixed by Regulations (EEC) No                     from the point of shipment or loading to the frontier
 1 29 1 /78 (3)' and (EEC) No 1292/78 (<) ;                           crossing point ; whereas cif offers and quotations for
                                                                      frontier crossing points other than Rotterdam should
                                                                      be adjusted to allow for the difference in transport
Whereas Article 29 of Regulation No 136/66/ EEC                       costs as compared with a product delivered cif
                                                                      Rotterdam ; whereas the Commission should take
provides that the world market price, calculated for a
Community frontier crossing point, is to be deter­                   account only of the loading, transport and insurance
mined        on     the  basis   of    the   moste    favourable     costs which to its knowledge are the lowest ; whereas,
purchasing opportunities, quotations being adjusted                   finally, offers and quotations for delivery cif
where necessary to take account of quotations for                    Rotterdam should be increased by 0.20 unit of
                                                                     account ;
competing products ;
Whereas Article 4 of Council Regulation (No 1 1 5/                   Whereas Article 5 of Regulation No 115/67/ EEC
67/ EEC of 6 June 1967 (5 ) laid down criteria for deter              provides that the world market price should be deter­
                                                                     mined for seed of the standard quality for which the
(') Ol No 172, 30 . 9 . 1966, p . 3025/66 :                          target price has been fixed , delivered in bulk ;
(-') OJ    No L 171 , 28 . 6. 1978, p. 8 .
(J)  OJ    No L 160, 17. 6. 1978 ,  p. 1 .
(■») OJ    No L 160, 17. 6. 1978 ,  p. 3 .                           (fa) OJ No 136, 30 . 6 . 1967, p. 2919 / 67 .
(5 ) OJ    No  111 , 10.6.1967, p.  2196/67.                         ( 7 ) Sec page 59 of this Official Journal .
 ---pagebreak--- 1 . 7 . 78                        Official Journal of the European Communities                          No L 178/33
Whereas Article 3 of Regulation No 225/67/EEC               — the difference between the price of 100 kilograms
provides that offers and quotations relating to                  of colza, rape or sunflower seeds, plus processing
products presented otherwise than in bulk should be              costs, and the total of the prices of the quantities
adjusted by deducting the additional value resulting             of oil and oil cake resulting from the processing of
from that representation ; whereas offers and quota­             the type of seed in question, and
tions relating to a quality other than the standard
quality for which the target price was fixed should be       — the difference between the price of 100 kilograms
adjusted on the basis of the coefficients of equivalence         of one or more other seeds, plus processing costs,
shown in the Annex to that Regulation ; whereas, in              and the total of the prices of the quantities of oil
the case of offers on the world market for qualities of          and oil cake resulting from the processing of these
                                                                 seeds ;
colza and rape seed other than those listed in that
Annex, coefficients of equivalence derived from those
listed in that Annex may, pursuant to Article 4 of           Whereas the factors to be taken into consideration for
Regulation No 225/67/EEC, be applied ; whereas,              the purpose of determining that margin are defined in
when derived coefficients are being calculated,              Article 8 of Regulation No 225/67/EEC ; whereas no
account must be taken of the differences between
                                                             adjustment should be made where the margin is
prices for the qualities of seed in question and prices      found to be less than 0-50 unit of account ; whereas
for the qualities listed in that Annex, and of the           Article 6 (2) of Regulation No 115/67/EEC provides
characteristics of these various seeds ;
                                                             that, when the amount of the adjustment is being
                                                             determined , account should be taken of the incidence
                                                             of the margin in question on marketing operations of
                                                             Community traders and on the disposal of the various
Whereas Article 2 of Regulation No 1 1 5/67/EEC              types of seed on the world market ;
provides that, where no offer or quotation can be used
as a basis for determining the world market price, that
price should be determined on the basis of the value         Whereas Council Regulation (EEC) No 2114/71 of 28
of the average quantities of oil and oil cake resulting      September 1971 on the subsidy for oil seeds ( l ), as
from the processing of 100 kilograms of seed within          amended by Regulation (EEC) No 851 /78 (2), laid
the Community less an amount corresponding to the            down rules for granting the subsidy on oil seeds ;
cost of processing these seeds into oil and oil cake ;       whereas under that Regulation , where the subsidy to
whereas the quantities and costs to be taken into            be granted is fixed in advance, the amount of such
consideration for the purposes of the calculation are        subsidy must be equal to the amount applicable on
fixed in Article 5 of Regulation No 225/67/EEC ;             the day on which the application for advance fixing
whereas the value of those quantities should be deter­       was lodged, adjusted by the difference between the
mined in accordance with the provisions of Article 6         target price valid on that day and the target price valid
of that Regulation ;                                         on the day on which the seeds are placed under
                                                             control at an oil mill and, where appropriate, a correc­
                                                             tive amount ; whereas Article 36 of Commission Regu­
                                                             lation (EEC) No 1204/72 of 7 June 1972 laying down
Whereas Article 3 of Regulation No 115/67/EEC                detailed rules for the application of the subsidy system
 provides that, where no offer or quotation can be used      for oil seeds (3), as last amended by Regulation (EEC)
as a basis for determining the world market price and        No 1 270/78 (4), provides that such adjustment should
where it is, moreover, impossible to establish the value     involve increasing or reducing the amount of subsidy
of the oil or oil cake processed from such seed, the         applicable on the day on which the application was
world market price should be determined on the basis         lodged by the difference between the target price valid
of the most recent known value for oil or oil cake ,         during the month during which the seeds were placed
adjusted to take account of the trend of world prices        under control at an oil mill and the target price valid
 for competing products by applying to that Value the        on the day on which the application was lodged ;
 rules set out in Article 2 of Regulation No 115/
 67/ EEC ; whereas Article 7 of Regulation No 225/
 67/EEC defines competing products as those oils or          Whereas Article 38 of Regulation (EEC) No 1204/72
 oil cakes, as the case may be, which appear to have         provides that the corrective amount must be equal to
 been offered in the largest quantities on the world         the difference between the world market price for
 market during the period under consideration ;              colza, rape and sunflower seeds and the forward price
                                                             for those seeds valid for a shipment effected during
                                                             the month in which the seeds were placed under
                                                             control at an oil mill, those prices being determined
 Whereas Article 6 ( 1 ) of Regulation No 115/67/ EEC        in accordance with Articles 1 , 4 and 5 of Regulation
 provides that, when the world market price of a type
of seed is being determined, the price used should be        (') OJ No   1 222, 2. 10. 1971 , p. 2.
                                                             (2) OJ No   L 116, 28 . 4. 1978, p. 4.
 adjusted by an amount not exceeding the margin              (3) OJ No   I 133, 10 . 6. 1972, p. 1 .
between :                                                    (4) OJ No   L 156, 14. 6. 1978 , p. 38.
 ---pagebreak--- No L 178 /34                      Official Journal of the European Communities                             1 . 7 . 78
115/67/EEC ; whereas, if no offer and no price can be            of these currencies recorded for a given period in
used for such determination, the method of calcula­              relation to the Community currencies referred to
tion provided for in Article 38 of Regulation (EEC)              in the previous subparagraph ;
No 1204/72 should be used ; whereas the above
mentioned difference may be adjusted pursuant to             Whereas it follows from applying all these provisions
Article 39 of Regulation (EEC) No 1204/72, account           to the offers and quotations known to the Commis­
being taken of prices for soya seeds on the world            sion that the subsidy on colza, rape and sunflower
market ;                                                     seeds should be fixed as shown in the table annexed
                                                             to this Regulation,
Whereas the subsidy should be fixed whenever the
market situation makes it necessary and in such a way
as to ensure its being applied at least once a week ;        HAS ADOPTED THIS REGULATION :
whereas the subsidy may be altered whenever it
becomes obvious that such alteration is necessary ;
                                                                                      Article 1
Whereas, if the subsidy system is to operate normally,
subsidies should be calculated on the following basis :      The amount of the subsidy referred to in Article 27 of
— in the case of currencies which are maintained in          Regulation No 136/66/EEC is hereby fixed as shown
    relation to each other at any given moment within        in the table annexed to this 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 1978 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
              Done at Brussels, 30 June 1978 .
                                                                        For the Commission
                                                                         Finn GUNDELACH
                                                                            Vice-President
 ---pagebreak--- 1 . 7. 78                       Official Journal of the European Communities                           No L 178/35
                                                    ANNEX
          to the Commission Regulation of 30 June 1978 fixing the amount of the subsidy on oil
                                                      seeds
          Subsidy applicable from 1 July 1978 to colza and rape seed (CCT heading No ex 12.01 ) and
                              sunflower seeds (CCT heading No ex 12.01 ) (u.a./ 100 kg)
                                                               Colza and rape seed      Sunflower seed
          Subsidy                                                       9.215               12.067
          Subsidy in the case of advance fixing :
          — for the month of July 1978                                  9.215               12.067
          — for the month of August 1978                                9.547               12-178
          — for the month of September 1978                           10.025                11.824
          — for the month of October 1978                             13-359                11.963
          — for the month of November 1978                            13.669
          — for the month of December 1978                            13-979