CELEX: 31979R0637
Language: en
Date: 1979-03-31 00:00:00
Title: Commission Regulation (EEC) No 637/79 of 30 March 1979 fixing the rate of the additional aid for dried fodder

No L 79 /84                              Official Journal of the European Communities                                31 . 3 . 79
                                     COMMISSION REGULATION ( EEC) No 637/79
                                                        of 30 March 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 (! ), 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 642/79 of 29                  3074/78 (5 ) ;
March 1979 fixing the flat-rate production aid and the
guide price for dried fodder for the period 1 April to             Whereas under Article 11 of Regulation (EEC) No
30 June 1979 (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           642/79 ; 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
                                                                    late the difference ; whereas when for two or more
month in question for quantities that can be delivered
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 ) OJ No L 82, 31 . 3 . 1979 .                                   (4 ) OJ No L 179 , 1 . 7 . 1978 , p. 10 .
 (3) OJ No L 171 , 28 . 6. 1978 , p. 1 .                            h) OJ No L 367, 28. 12. 1978, p. 1 .
 ---pagebreak--- 31 . 3 . 79                        Official Journal of the European Communities                           No L 79/85
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
                                                              its fixing ;
delivery during a month other than that of the intro­
duction of the supplementary aid, multiplied by the           Whereas as a result of the application of all these pro­
percentage fixed in 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               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,            The rate of the aid referred to in Article 5 (3) of Regu­
refunds should be calculated on the following basis :         lation (EEC) No 1117/78 is fixed in the Annex to this
— in the case of currencies which are maintained in           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 April
     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, 30 March 1979 .
                                                                         For the Commission
                                                                          Finn GUNDELACH
                                                                             Vice-President
 ---pagebreak--- No L 79 / 86                        Official Journal of the European Communities                                           31 . 3 . 79
                                                            ANNEX
             to the Commission Regulation of 30 March 1979 fixing the rate of the additional aid for
                                                         dried fodder
                                Additional aid applicable from 1 April 1979 to dried fodder
                                                                                                              (u.a./tonne)
                         CCT heading No
                                                    Dehydrated fodder ex 12.10 B    Fodder otherwise dried ex 12.10 B
                                                    Protein concentrates ex 23.07 C
             Additional aid                                       12-026                         6-872
             Additional aid in case of advance fixing for the month of :
             May 1979                                             12-598                         7-199
             June 1979                                            12-577                         7-187
             July 1979                                            12-577                         7-187
             August 1979                                          12-577                         7-187
             September 1979                                       12-577                         7-187
             October 1979                                         12-577                         7-187
             November 1979                                        12-577                         7-187
             December 1979                                        12-577                         7-187
             January 1980                                         12-577                         7-187
             February 1980                                        12-577                         7-187
             March 1980                                           12-577                         7-187