CELEX: 31983R3383
Language: en
Date: 1983-12-01 00:00:00
Title: Commission Regulation (EEC) No 3383/83 of 30 November 1983 fixing the aid for castor seeds

No L 336/42                          Official Journal of the European Communities                             1 . 12. 83
                               COMMISSION REGULATION (EEC) No 3383/83
                                                  of 30 November 1983
                                             fixing the aid for castor seeds
THE COMMISSION OF THE EUROPEAN
                                                                Regulation (EEC) No 2081 /79 of 26 September 1979
COMMUNITIES,                                                    laying down detailed rules for the application of the
                                                                special measures for castor seeds (4) ;
Having regard to the Treaty establishing the European
Economic Community,                                            Whereas offers and prices which do not satisfy these
                                                               conditions must be adjusted in accordance with Article
Having regard to Council Regulation (EEC) No                   2 of Commission Regulation (EEC) No 2081 /79 ;
2874/77 of 19 December 1977 laying down special
measures in respect of castor seeds ('), and in particular     Whereas Article 2 of Regulation (EEC) No 1853/78
Article 2 (5) thereof,                                          provides that where no offer or price can be used to
                                                               determine the world market price of castor seed it
                                                               shall be determined on the basis of the offers and
Having regard to Council Regulation (EEC) No                   prices on the world or Community markets for castor
1853/78 of 25 July 1978 adopting general rules in              oil and oil-cake ; whereas for this purpose the value of
connection with special measures for castor seeds (2),         the average quantities of oil and oil-cake obtained in
                                                               the Community from processing 100 kilograms of
Having regard to the opinion of the Monetary                   castor seed less the amount of the cost of processing
Committee,                                                     the seed into oil and oil-cake shall be used ;
Whereas Article 2(1 ) of Regulation (EEC) No 2874/77           Whereas Article 3 of Regulation (EEC) No 1853/78
specifies that aid shall be granted in respect of castor        provides that where no offer or price can be used to
seeds when the guide price for a marketing year is             determine the world market price for castor seed and,
higher than the world market price ; whereas this aid          further, it is impossible to establish the value of the
is to be equal to the difference between these two             oil-cake or oil processed from such seed, the worlds
prices ;                                                       market price shall be equal to the guide price for
                                                               castor seed ;
Whereas the guide price has been fixed by Council              Whereas, if the aid system is to operate normally, it
Regulation (EEC) No 1574/83 of 14 June 1983 fixing             should be calculated on the following basis :
the guide price for castor seeds for the 1983/84
marketing year (3) ;                                           — in the case of currencies which are maintained in
                                                                    relation to each other at any given moment within
Whereas the world market price is determined for seed               a band of 2,25 % , a rate of exchange based on
in bulk delivered to Rotterdam of the standard quality              their central rate,
for which the guide price was fixed ;
                                                               — for other currencies, an exchange rate based on the
Whereas Council Regulation (EEC) No 1853/78                         arithmetic mean of the spot market rates of each of
provides that the world market price shall be deter­                 these currencies recorded for a given period in
mined on the basis of the actual most favourable                     relation to the Community currencies referred to
purchasing possibilities disregarding offers and prices              in the previous indent ;
which cannot be considered as representative of the
actual market trend ;                                          Whereas, in the light of the above rules, the world
                                                                market price should be fixed at 69,549 ECU per 100
Whereas in determining the world market price                   kilograms ;
account is to be taken only of the offers made on the          Whereas the aid must be fixed once a month, and in
world market for delivery during the most representa­
                                                                such a way that it can be applied from the first day of
tive period for the sale of seed of Community origin            the month following the date of fixing ; whereas it
and of the prices quoted for delivery during the same
                                                                may be altered between fixing ;
period on the major international exchanges ; whereas
the most representative period for the sale of seed of
                                                                Whereas the measures provided for in this Regulation
Community origin has been fixed by Commission
                                                                are in accordance with the opinion of the Management
                                                                Committee for Oils and Fats,
(') OJ No L 332, 24. 12. 1977, p . 1 .
(2) OJ No L 212, 2. 8 . 1978, p. 1 .
0 OJ No L 163, 22. 6 . 1983 , p . 14.                           (4) OJ No L 244, 27. 9 . 1979, p. 11 .
 ---pagebreak--- 1 . 12. 83                      Official Journal of the European Communities                        No L 336/43
HAS ADOPTED THIS REGULATION :                                                    Article 2
                      Article 1
The aid referred to in Article 2 of Regulation (EEC)       This Regulation shall enter into force on 1 December
No 2874/77 shall be 0 ECU per 100 kilograms.               1983 .
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 30 November 1983 .
                                                                   For the Commission
                                                                     Poul DALSAGER
                                                                Member of the Commission