31978R1839

1 . 8 . 78 No L 210 / 57 Official Journal of the European Communities

COMMISSION REGULATION ( EEC) No 1839/ 78 of 31 July 1978 fixing the aid rate for peas and field beans used in the feeding of animals

THE COMMISSION OF THE EUROPEAN of animals (4), the average price must be determined COMMUNITIES , per 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 tc Council Regulation (EEC) No 1 1 19/78 of 22 May 1978 laying down special measures Whereas the necessary adjustments, notably those for peas and field beans used in the feeding of referred to in Article 2 of Regulation (EEC) No animals ( 1 ), and in particular Article 2 (5) thereof, 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 1526/78 , when no offer or quotation can be used for Whereas under Article 2 ( 1 ) of Regulation (EEC) No determining the world market price of soya cake, it is 1119/78 aid is granted for peas and field beans harv­ to be determined from offers of and quotations for ested in the Community and used in the manufacture soya cake obtained by the processing of soya seed in of feedingstuffs when the average world market price the Community ; whereas in this case the most favou­ for soya cake is lower than the activating price ; rable offers and quotations are to be taken into whereas this aid is equal to 45 % of the difference account for : between these two prices ; — bulk soya cake obtained by the processing of soya seed in the Community delivered to Rotterdam, Whereas the activating price for aid for peas and field and beans for the 1978/79 marketing year was fixed by Council Regulation ( EEC) No 1120/78 of 22 May — other oil cakes offered on the world market, 1978 (2 ) ; adjusted as necessary to take account of the differ­ ence between their value and that of soya cake ; Whereas under Council Regulation (EEC) No 1418/78 of 19 June 1978 adopting general rules in connection with the special measures for peas and field beans Whereas, if the aid system is to operate normally, used in the feeding of animals (3), the average world refunds should be calculated on the following basis : market price for soya cake must be determined on the basis of the most favourable purchase possibilities, — in the case of currencies which are maintained in excepting offers and quotations which cannot be relation to each other at any given moment within considered representative of the real market trend ; a band of 2-25 % , a rate of exchange based on whereas account must be taken both of all offers on their effective parity ; the world market and of the prices quoted on exchanges that are important for international trade ; — for other currencies, an exchange rate based on the whereas only the most favourable offers and quota­ arithmetic mean of the spot market rates of each tions for delivery within 30 days must be used ; of these currencies recorded for a given period in relation to the Community currencies referred to in the previous indent ; Whereas under Article 1 of Commission Regulation (EEC) No 1526/78 of 30 June 1978 laying down detailed rules for the application of the special Whereas the aid rate must be fixed as often as the measures for peas and field beans used in the feeding market situation makes it necessary and not less frequently than once a month , (!) OJ No L 142, 30 . 5 . 1978 , p . 8 . (J) OJ No L 142, 30 . 5 . 1978 , p . 11 . (3) OJ No L 171 , 28 . 6 . 1978 , p. 5. («) OJ No L 179 , 1 . 7. 1978 , p. 1 .

No L 210 / 58 Official Journal of the European Communities 1 . 8 . 78

HAS ADOPTED THIS REGULATION : Article 2

Article1¶

The aid referred to in Article 2 of Regulation ( EEC) No 1119 /78 is fixed at 6.616 units of account per 100 This Regulation shall enter into force on 1 August kilograms . 1978 .

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 31 July 1978 .

For the Commission Finn GUNDELACH Vice-President