31978R1840

1 . 8 . 78 Official Journal of the European Communities No~L 210 / 59

COMMISSION REGULATION ( EEC) No 1840/78

of 31 July 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 indent of Article 1 (b) of Regulation (EEC) No Having regard to Council Regulation (EEC) No 1117/78 ; 1117/78 of 22 May 1978 on the common organization of the market in dried fodder (*), 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 mined, this being adjusted on the basis of price deve­ Whereas under Article 5 ( 1 ) of Regulation (EEC) No lopments for the same products of Community origin 1117/78 when the guide price is higher than the and world prices of competing products ; average world market price a supplementary aid is 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 Whereas under Article 1 1 of Regulation ( EEC) No May 1978 fixing the flat-rate production aid and the 1417/78 when forward prices differ from that applying guide price for dried fodder for the 1978/79 in the month when the application is lodged the marketing year (2 ) ; 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 average forward world market price multiplied by the Whereas under Council Regulation (EEC) No 1417/78 percentage fixed in Article 3 of Regulation ( EEC) No of 19 June 1978 on the aid system for dried fodder (3), 1118 / 78 ; whereas when for one of the months the average world market price for the products following that of the introduction of supplementary described in the first indent of Article 1 (b) Regulation aid the average forward world market price cannot be ( EEC) No 1 1 17/ 78 is to be determined on the basis of determined by applying the criteria specified in the most favourable actual purchase possibilities Article 1 of Regulation ( EEC) No 1417/78 the price excepting those which cannot be considered represen­ determined for the previous month is used to calcu­ tative of the real market trend ; whereas offers and late the difference ; whereas when for two or more quotations recorded during the first 25 days of the consecutive months following that of the introduction month in question for quantities that can be delivered of supplementary aid the average forward world during the following calendar month are to be used ; market prices cannot be determined by applying the whereas the average world market price thus deter­ criteria set out in Article 1 of Regulation ( EEC) No mined is used to fix the supplementary aid rate appli­ 1417/78 the prices previously determined for these cable on the following month ; 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 Whereas when the average world market price is deter­ products described in the first indent of Article 1 (b) mined in accordance with Articles 2 and 3 of Regula­ tion (EEC) No 1417/78 the correcting amount must (') OJ No L 142, 30 . 5 . 1978 , p. 1 . (2) OJ No L 142, 30 . 5 . 1978 , p. 6. (J ) OJ No L 171 , 28 . 6 . 1978 , p. 1 . (4) OJ No L 179, 1 . 7. 1978 , p. 10 .

No L 210 / 60 Official Journal of the European Communities 1 . 8 . 78

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 18 /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 fixed for the month(s) in question to give a nil rate for HAS ADOPTED THIS REGULATION : the supplementary aid ;

Whereas, if the aid system is to operate normally, A rticle 1 refunds should be calculated on the following basis :

— 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 arithmetic mean of the spot market rates of each Article 2 of these currencies recorded for a given period in relation to the Community currencies referred to This Regulation shall enter into force on 1 August in the previous indent ; 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

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1 . 8 . 78 No L 210 / 61 Official Journal of the European Communities

ANNEX

to the Commission Regulation of 31 July 1978 fixing the rate of the additional aid for dried fodder

Additional aid applicable from 1 August 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 24 - 109 13.777

Additional aid in case of advance fixing for the month of :

September 1978 24- 109 13.777 October 1978 24- 109 13-777 November 1978 22.962 13.121 December 1978 22.329 12.759 January 1979 22.329 12.759 February 1979 22.329 12-759 March 1979 22.329 12.759