CELEX: 31978R2563
Language: en
Date: 1978-11-01 00:00:00
Title: Commission Regulation (EEC) No 2563/78 of 31 October 1978 fixing the aid rate for peas and field beans used in the feeding of animals

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No L 307/50                             Official Journal of the European Communities                             1 . 11 . 78
                                   COMMISSION REGULATION (EEC) No 2563/78
                                                      of 31 October 1978
                 fixing the aid rate for peas and field beans used in the feeding of animals
THE COMMISSION OF THE EUROPEAN                                    2286/78 (5), the average price must be determined per
COMMUNITIES,                                                       100 kilograms of bulk soya cake of the standard
                                                                  quality defined in Article 1 (2) of Regulation (EEC)
                                                                  No 1120/78 delivered Rotterdam ; whereas it must be
Having regard to the Treaty establishing the European             equal to the arithmetical mean of the offers and quota­
Economic Community,                                               tions recorded during the five days preceding the day
                                                                  of determination :
Having regard to Council Regulation (EEC) No
1119/78 of 22 May 1978 laying down special measures
for peas and field beans used in the feeding of                    Whereas the necessary adjustments, notably those
animals (1), and in particular Article 2 (5) thereof,             referred to in Article 2 of Regulation (EEC) No
                                                                   1526/78 , must be made for offers and quotations not
                                                                  of the type referred to above ;
Having regard to the opinion of the Monetary
Committee ,
                                                                   whereas under Article 2 of Regulation (EEC) No
Whereas under Article 2 ( 1 ) of Regulation (EEC) No               1526/78, when no offer or quotation can be used for
 1119/78 aid is granted for peas and field beans harv­            determining the world market price of soya cake, it is
ested in the Community and used in the manufacture                to be determined from offers of and quotations for
of feedingstuffs when the average world market price              soya cake obtained by the processing of soya seed in
for soya cake is lower than the activating price ;                the Community ; whereas in this case the most favou­
whereas this aid is equal to 45 % of the difference               rable offers and quotations are to be taken into
between these two prices ;                                        account for :
Whereas the activating price for aid for peas and field           — bulk soya cake obtained by the processing of soya
beans for the 1978 /79 marketing year was fixed by                     seed in the Community delivered to Rotterdam,
Council Regulation (EEC) No 1120/78 of 22 May                          and
1978 (2) ;
                                                                  — other oil cakes offered on the world market,
                                                                       adjusted as necessary to take account of the differ­
Whereas under Council Regulation (EEC) No 1418 /78                     ence between their value and that of soya cake ;
of 19 June 1978 adopting general rules in connection
with the special measures for peas and field beans
used in the feeding of animals (3), the average world             Whereas, if the aid system is to operate normally,
market price for soya cake must be determined on the               refunds should be calculated on the following basis :
basis of the most favourable purchase possibilities,
excepting offers and quotations which cannot be
considered representative of the real market trend ;              — in the case of currencies which are maintained in
whereas account must be taken both of all offers on                    relation to each other at any given moment within
the world market and of the prices quoted on                           a band of 2-25 % , a rate of exchange based on
exchanges that are important for international trade ;                 their effective parity ;
whereas only the most favourable offers and quota­
tions for delivery within 30 days must be used ;                  — for other currencies, an exchange rate based on the
                                                                       arithmetic mean of the spot market rates of each
                                                                       of these currencies recorded for a given period in
Whereas under Article 1 of Commission Regulation                       relation to the Community currencies referred to
(EEC) No 1526/78 of 30 June 1978 laying down                           in the previous indent ;
detailed rules for the application of the special
measures for peas and field beans used in the feeding
of animals (4), as amended by Regulation (EEC) No                 Whereas the aid rate must be fixed as often as the
0)  OJ No  L  142,  30. 5. 1978, p. 8 .
                                                                   market situation makes it necessary and not less
(2) OJ No  L  142,  30. 5. 1978, p. 11 .                           frequently than once a month,
(3) OJ No  L  171 , 28 . 6. 1978, p. 5.
(<) OJ No  L  179,  1 . 7. 1978, p. 1 .                           (5) OJ No L 275, 30. 9. 1978, p. 77.
 ---pagebreak--- 1 . 11 . 78                     Official Journal of the European Communities                        No L 307/51
HAS ADOPTED THIS REGULATION :                                                    Article 2
                      Article 1
The aid referred to in Article 2 of Regulation (EEC)
No 1119/78 is fixed at 6.604 units of account per 100      This Regulation shall enter into force on 1 November
kilograms.                                                 1978 .
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 31 October 1978 .
                                                                   For the Commission
                                                                    Finn GUNDELACH
                                                                       Vice-President