CELEX: 31978R1529
Language: en
Date: 1978-07-01 00:00:00
Title: Commission Regulation (EEC) No 1529/78 of 30 June 1978 fixing the rate of the additional aid for dried fodder

No L 179 / 18                         Official Journal of the European , Communities                           1 . 7 . 78
                                 COMMISSION REGULATION ( EEC) No 1529/78
                                                      of 30 June 1978
                               fixing the rate of the additional aid for dried fodder
THE COMMISSION OF THE EUROPEAN                                   of Regulation (EEC) No 1117/78 can be used to
COMMUNITIES,                                                     determine the average world market price it is to be
                                                                 determined from offers on the world market of and
Having regard to the Treaty establishing the European            quotations on the exchanges important for interna­
Economic Community,                                              tional trade for the products described in the second
Having regard to Council Regulation (EEC) No                     indent of Article 1 (b) of Regulation (EEC) No
1117/78 of 22 May 1978 on the common organization                1117/ 78 ;
of the market in dried fodder ( J ), and in particular
Article 5 (3) thereof,                                           Whereas under Article 3 of Regulation (EEC) No
                                                                  1417/78 when no offer or quotation can be used to
Having regard to the opinion of the Monetary                     determine the average world market price it is deter­
Committee ,                                                      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              Whereas the adjustments referred to above were set
plants harvested in the Community ; whereas this aid             out in Article 3 of Commission Regulation (EEC) No
is equal to a percentage of the difference between                1528 /78 of 30 June 1978 laying down detailed rules
these two prices ;                                               for the application of the system of aid for dried
                                                                 fodder (4) ;
Whereas this percentage and the guide price were
fixed by Council Regulation (EEC) No 1118 /78 of 22
May 1978 fixing the flat-rate production aid and the             Whereas under Article 1 1 of Regulation (EEC) No
guide price for dried fodder for the 1978 /79                     1417/78 when forward prices differ from that applying
marketing year (2) ;                                              in the month when the application is lodged the
                                                                  supplementary aid rate is adjusted by a correcting
Whereas the average world market price is determined              amount calculated from the trend of forward prices ;
for a bulk pelleted product delivered Rotterdam of the
standard quality for which the guide price has been               Whereas the correcting amount is equal to the differ­
 fixed ;                                                          ence between the average world market price and the
Whereas under Council Regulation (EEC) No 1417/78                 average forward world market price multiplied by the
of 19 June 1978 on the aid system for dried fodder (3),           percentage fixed in Article 3 of Regulation (EEC) No
                                                                  1118 /78 ; whereas when for one of the months
 the average world market price for the products
 described in the first indent of Article 1 (b) Regulation        following that of the introduction of supplementary
(EEC) No 1117/78 is to be determined on the basis of              aid the average forward world market price cannot be
 the most favourable actual purchase possibilities                determined by applying the criteria specified in
 excepting those which cannot be considered represen­             Article 1 of Regulation (EEC) No 1417/78 the price
 tative of the real market trend ; whereas offers and             determined for the previous month is used to calcu­
                                                                  late the difference ; whereas when for two or more
 quotations recorded during the first 25 days of the
 month in question for quantities that can be delivered           consecutive months following that of the introduction
 during the following calendar month are to be used ;             of supplementary aid the average forward world
 whereas the average world market price thus deter­               market prices cannot be determined by applying the
 mined is used to fix the supplementary aid rate appli­           criteria set out in Article 1 of Regulation (EEC) No
 cable on the following month ;                                    1417/78 the prices previously determined for these
                                                                  months, adjusted on the basis of the difference
 Whereas the necessary adjustments must be made in                between the average world market price and the last
 the case of offers and quotations not of the type                forward price determined for the month, are used to
 referred to above ;                                              calculate the differences for the months in question ;
 Whereas when no offer of or quotation for the
 products described in the first indent of Article 1 (b)          Whereas when the average world market price is deter­
                                                                   mined in accordance with Articles 2 and 3 of Regula­
 (') OJ No L 142, 30. 5. 1978, p. 1 .                              tion (EEC) No 1417/78 the correcting amount must
 (2) OJ No L 142, 30. 5. 1978, p. 6.
 (3) OJ No L 171 , 28 . 6. 1978, p. 1 .                           (4) See page 10 of this Official Journal.
 ---pagebreak---  1 . 7 . 78                         Official Journal of the European Communities                          No L 179 / 19
be equal to the difference between the average world                relation to the Community currencies referred to
market price and the average forward world market                   in the previous indent ;
price determined by applying the criteria specified in         Whereas the rate of the additional aid must be fixed
Articles 1 and 2 of the said Regulation and valid for
delivery during a month other than that of the intro­          once per month so as to ensure application of the aid
duction of the supplementary aid , multiplied by the           from the first day of the month following the date of
percentage fixed in Article 3 of Regulation (EEC) No           its fixing ;
1 1 18 /78 for the product concerned ; whereas when for        Whereas as a result of the application of all these
one or more months the average forward world                   provisions to the offers and quotations which the
market price cannot be determined by applying the              Commission has recorded , the rate of the additional
criteria specified in Articles 1 and 2 of Regulation           aid for dried fodder must be fixed as indicated in the
(EEC) No 1417/78 the correcting amount is to be                table annexed to this Regulation ,
fixed for the month(s) in question to give a nil rate for
the supplementary aid ;
                                                               HAS ADOPTED THIS REGULATION :
Whereas, if the aid system is to operate normally,
refunds should be calculated on the following basis :                                   Article 1
— in the case of currencies which are maintained in
                                                               The rate of the aid referred to in Article 5 (3) of Regu­
      relation to each other at any given moment within        lation ( EEC) No 1117/78 is fixed in the Annex to this
     a band of 2-25 % , a rate of exchange based on
                                                               Regulation .
      their effective parity ;
— for other currencies, an exchange rate based on the                                   Article 2
     arithmetic mean of the spot market rates of each
     of these currencies recorded for a given period in        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--- No L 179 /20                      Official Journal of the European Communities                                          1 . 7 . 78
                                                          ANNEX
           to the Commission Regulation of 30 June 1978 fixing the rate of the additional aid for
                                                       dried fodder
                               Additional aid applicable from 1 July 1978 to dried fodder
                                                                                                           (u.a./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                                       22-688                       12-965
                               Additional aid in case of advance fixing for the month of :
            August 1978                                         22-688                        12-965
            September 1978                                      22-688                        12-965
            October 1978                                        22-688                        12-965
            November 1978                                       20-882                        11-932
            December 1978                                       20-882                        11-932
            January 1979                                        20-882                        11-932
            February 1979                                       20-882                        11-932
            March 1979                                           20-882                       11-932