CELEX: 31987R0922
Language: en
Date: 1987-04-01 00:00:00
Title: Commission Regulation (EEC) No 922/87 of 31 March 1987 fixing the rate of the additional aid for dried fodder

1 . 4. 87                              Official Journal of the European Communities                              No L 89/23
                                     COMMISSION REGULATION (EEC) No 922/87
                                                     of 31 March 1987
                                 fixing the rate of the additional aid for dried fodder
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      mined is used to fix the supplementary aid rate applicable
                                                                 on the following month ;
Having regard to the Treaty establishing the European
Economic Community,                                              Whereas the necessary adjustments must be made in the
                                                                 case of offers and quotations not of the type referred to
                                                                 above ; whereas these adjustments were defined in Article
Having regard to the Act of Accession of Spain and               3 of Commission Regulation (EEC) No 1528/78 of 30
Portugal,                                                        June 1978 laying down detailed rules for the application
                                                                 of the system of aid for dried fodder (6), as last amended
                                                                 by Regulation (EEC) No 436/87 Q,
Having regard to Council Regulation (EEC) No 1117/78
of 22 May 1978 on the common organization of the
market in dried fodder ('), as last amended by Regulation        Whereas when no offer of or quotation for the products
(EEC) No 1985/86 (2), and in particular Article 5 (3)            described in the first indent of Article 1 (b) of Regulation
thereof,                                                         (EEC) No 1117/78 can be used to determine the average
                                                                 world market price it is to be determined from offers on
                                                                 the world market of and quotations on the exchanges
Having regard to the opinion of the Monetary Committee,          important for international trade for the products
                                                                 described in the second indent of Article 1 (b) of Regula­
                                                                 tion (EEC) No 1117/78 ;
Whereas, under Article 5 (1 ) of Regulation (EEC) No
1117/78, when the guide price is higher than the average
world market price a supplementary aid is given for dried        Whereas, under Article 3 of Regulation (EEC) No
fodder as described under Article 1 (b) and (c) of that           1417/78, when no offer or quotation can be used to deter­
Regulation obtained from fodder plants harvested in the           mine the average world market price this price is deter­
Community ; whereas this aid is equal to a percentage of          mined on the basis of the sum of the value of competing
the difference between these two prices ;                         products ; whereas those products are defined in Article 3
                                                                 (3) of Regulation (EEC) No 1528/78 ;
Whereas this percentage and the guide price were fixed
by Council Regulation (EEC) No 1350/86 of 6 May 1986             Whereas, under Article 11 of Regulation (EEC) No
fixing for the 1986/87 marketing year the flat-rate               1417/78 , when forward prices differ from that applying in
production aid and the guide price for dried fodder (3) ;         the month when the application is lodged, the supple­
                                                                  mentary aid rate is adjusted by a correcting amount calcu­
                                                                  lated from the trend of forward prices ;
Whereas the average world market price is determined for
a bulk pelleted product delivered to Rotterdam of the             Whereas the correcting amount is equal to the difference
standard quality for which the guide price has been fixed ;       between the average world market price and the average
                                                                  forward world market price multiplied by the percentage
Whereas, under Council Regulation (EEC) No 1417/78 of             fixed in Article 3 of Council Regulation (EEC) No
 19 June 1978 on the aid system for dried fodder (4), as last     1315/85 (8) ; whereas when for one of the months follow­
amended by Regulation (EEC) No 2026/82 (*), the average           ing that of the introduction of supplementary aid the
world market price for the products described in the first        average forward world market price cannot be determined
indent of Article 1 (b) of Regulation (EEC) No 1117/78 is         by applying the criteria specified in Article 1 of Regula­
to be determined on the basis of the most favourable              tion (EEC) No 1417/78, the price determined for the
actual purchase possibilities excepting those which cannot        previous month is used to calculate the difference ;
                                                                  whereas when for two or more consecutive months follo­
be considered representative of the real market trend ;
whereas offers and quotations recorded during the first 25        wing that of the introduction of supplementary aid, the
days of the month in question for quantities that can be          average forward world market prices cannot be deter­
delivered during the following calendar month are to be           mined by applying the criteria set out in Article 1 of
used ; whereas the average world market price thus deter­         Regulation (EEC) No 1417/78, the prices for the months
                                                                  in question are determined by applying the criteria laid
                                                                  down in Article 3 of Regulation (EEC) No 1417/78 ;
(») OJ  No L 142,  30. 5. 1978, p. 1 .
0   OJ  No L 171 , 28 . 6. 1986, p. 4.
0   OJ  No L 119,  8. 5. 1986, p. 44.                             0 OJ No L 179, 1 . 7. 1978, p. 10.
O   OJ  No L 171 , 28. 6. 1978, p. 1 .                            0 OJ No L 43, 13. 2. 1987, p. 20.
O   OJ  No L 218,  27. 7. 1982, p. 2.                             (8) OJ No L 137, 27. 5. 1985, p. 28 .
 ---pagebreak---  No L 89/24                             Official Journal of the European Communities                                   1 . 4. 87
Whereas, where the average world market price is deter­                tion to the Community currencies referred to in the
 mined in accordance with Article 3 of Regulation (EEC)                previous indent and the aforesaid coefficient ;
 No 1417/78 , the corrective amount must be equal to the
 difference between the average world market price and            Whereas the rate of the additional aid must be fixed once
 the average forward world market price determined by             per month so as to ensure application of the aid from the
 applying the criteria laid down in Article 3 (3) of Regula­      first day of the month following the date of its fixing ;
 tion (EEC) No 1528/78 and valid for delivery during a
 month other than that in which the supplementary aid is          Whereas pursuant to Articles 120 (2) and 306 (2) of the
 introduced, adjusted by the percentage fixed under Article       Act of Accession of Spain and Portugal the additional aid
 5 (2) of Regulation (EEC) No 1117/78 for the product             applicable in these two Member States is to be adjusted by
 concerned ; whereas where the average forward world              an amount equal to the incidence of customs duties on
 market price for one or more months cannot be deter­             imports of these products from third countries ; whereas
 mined by applying the criteria laid down in Article 3 (3)        in addition in Spain the amount is to be adjusted by the
 of Regulation (EEC) No 1528/78 , the corrective amount           difference, multiplied by the percentage referred to in
 must be fixed for the month or months in question at a           Article 5 (2) of Regulation (EEC) No 1117/78, between
 level such that the supplementary aid is equal to zero ;         the guide price applied in Spain and the common guide
                                                                  price ;
 Whereas the term of validity of the supplementary aid
 certificates was limited to the end of April 1987 by Regu­       Whereas, as the result of the applications of all these
 lation (EEC) No 156/87 of 21 January 1987 derogating,            provisions to the offers and quotations which the
 on a temporary basis, from Regulation (EEC) No 1 528/78          Commission has recorded, the rate of the additional aid
 laying down detailed rules for the application of the            for dried fodder must be fixed as indicated in the table
 system of aid for dried fodder as regards the period of          annexed to this Regulation,
validity of the supplementary aid certificates (') ; whereas
the amounts of the supplementary aid valid after April
 1987 should accordingly not be fixed ;                           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 rela­
     tion to each other at any given moment within a band
     of 2,25 % , a rate of exchange based on their central        The rate of the aid referred to in Article 5 (3) of Regula­
     rate, multiplied by the corrective factor provided for in    tion (EEC) No 1117/78 is fixed in the Annex to this
     the last paragraph of Article 3 (1 ) of Council Regula­      Regulation.
     tion (EEC) No 1676/85 (2),
— for other currencies, an exchange rate based on the                                       Article 2
     arithmetic mean of the spot market rates of each of
     these currencies recorded over a given period in rela­       This Regulation shall enter into force on 1 April 1987.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 31 March 1987.
                                                                            For the Commission
                                                                             Frans ANDRIESSEN
                                                                                Vice-President
(■) OJ No L 20, 22. 1 . 1987, p. 19.
O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 1 . 4. 87                             Official Journal of the European Communities                                  No L 89/25
                                                              ANNEX
               to the Commission Regulation of 31 March 1987 fixing the rate of the additional aid for
                                                           dried fodder
                                 Additional aid applicable from 1 April 1987 to dried fodder
                                                                                                                       (ECU/tonne)
                                                Dehydrated fodder ex 12.10 B                  Fodder otherwise dried
                                              Protein concentrates ex 23.06 B                      ex 12.10 B
                                                                            Other                                      Other
                                          Spain           Portugal         Member      Spain         Portugal        Member
                                                                             States                                    States
Additional aid                           91,079           116,168          117,549    45,540         58,084           58,775
N.B. No supplementary aid shall be fixed in the case of advance fixing, pursuant to Commission Regulation (EEC) No 156/87.