CELEX: 31978R2814
Language: en
Date: 1978-12-01 00:00:00
Title: Commission Regulation (EEC) No 2814/78 of 30 November 1978 fixing the rate of the supplementary aid for dried fodder

No L 334/46                         Official Journal of the European Communities                           1 . 12. 78
                                COMMISSION REGULATION (EEC) No 2814/78
                                                  of 30 November 1978
                              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 1 1 1 8/78 of 22         2771 /78 (5) ;
 May 1978 fixing the flat-rate production aid and the
guide price for dried fodder for the 1978/79                   Whereas under Article 11 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       111 8/78 ; 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 ;
0) OJ No L 142, 30 . 5. 1978, p. 1 .
(2) OJ No L 142, 30 . 5. 1978, p. 6.                           (") OJ No L 179, 1 . 7. 1978, p. 10 .
Ó OJ No L 171 , 28. 6. 1978, p. 1 .                            (5) OJ No L 332, 29. 11 . 1978 , p. 43.
 ---pagebreak--- 1 . 12. 78                          Official Journal of the European Communities                          No L 334/47
Whereas when the average world market pnce 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             once per month so as to ensure application of the aid
price determined by applying the criteria specified in         from the first day of the month following the date of
Articles 1 and 2 of the said Regulation and valid for          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
1 1 1 8/78 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 December
      arithmetic mean of the spot market rates of each          1978 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 30 November 1978 .
                                                                          For the Commission
                                                                            Finn GUNDELACH
                                                                               Vice-President
 ---pagebreak--- No L 334/48                      Official Journal of the European Communities                                           1 . 12. 78
                                                         ANNEX
          to the Commission Regulation of 30 November 1978 fixing the rate of the additional aid
                                                   for dried fodder
                          Additional aid applicable from 1 December 1978 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                                       23.466                        13.409
          Additional aid in case of advance fixing for the month of :
          January 1979                                         23.250                         13-285
          February 1979                                        22.819                         13.039
          March 1979                                           22.352                         12-773
          April 1979                                           22.284                         12.733
          May 1979                                             17.626                         10-072
          June 1979                                            17-626                         10-072
          July 1979                                            17.626                         10-072
          August 1979                                          17-626                         10.072
          September 1979                                       17-626                         10-072
          October 1979                                         17-626                         10.072