31978R2564

No L 307/52 Official Journal of the European Communities 1 . 11 . 78

COMMISSION REGULATION ( EEC) No 2564/78

of 31 October 1978

fixing the rate of the additional aid for dried fodder

THE COMMISSION OF THE EUROPEAN Whereas when no offer of or quotation for the COMMUNITIES, products described in the first indent of Article 1 (b) of Regulation (EEC) No 1117/78 can be used to Having regard to the Treaty establishing the European determine the average world market price it is to be determined from offers on the world market of and Economic Community, quotations on the exchanges important for interna­ Having regard to Council Regulation (EEC) No tional trade for the products described in the second 1117/78 of 22 May 1978 on the common organization indent of Article 1 (b) of Regulation (EEC) No 1117/78 ; of the market in dried fodder ( !), and in particular Article 5 (3) thereof,

Whereas under Article 3 of Regulation (EEC) No Having regard to the opinion of the Monetary 1417/78 when no offer or quotation can be used to Committee, determine the average world market price it is deter­ 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 these two prices ; 1528/78 of 30 June 1978 laying down detailed rules for the application of the system of aid for dried Whereas this percentage and the guide price were fodder (4), as amended by Regulation (EEC) No 2525/78 (5) ; fixed by Council Regulation (EEC) No 1118/78 of 22 May 1978 fixing the flat-rate production aid and the guide price for dried fodder for the 1978/79 Whereas under Article 11 of Regulation (EEC) No marketing year (2) ; 1417/78 when forward prices differ from that applying

in the month when the application is lodged the Whereas the average world market price is determined supplementary aid rate is adjusted by a correcting for a bulk pelleted product delivered Rotterdam of the amount calculated from the trend of forward prices ; standard quality for which the guide price has been fixed ; Whereas the correcting amount is equal to the differ­ 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 the average world market price for the products 1118 /78 ; whereas when for one of the months 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 quotations recorded during the first 25 days of the late the difference ; whereas when for two or more 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 referred to above ; forward price determined for the month, are used to calculate the differences for the months in question ; (') OJ No L 142, 30 . 5 . 1978 , p. 1 . (2) OJ No L 142, 30 . 5. 1978 , p. 6. («) OJ No L 179, 1 . 7. 1978 , p. 10 . (3) OJ No L 171 , 28 . 6. 1978 , p. 1 . (5) OJ No L 301 , 28 . 10 . 1978 , p. 40 .

1 . 11 . 78 No L 307/ 53 Official Journal of the European Communities

Whereas when the average world market price is deter­ of these currencies recorded for a given period in mined in accordance with Articles 2 and 3 of Regula­ relation to the Community currencies referred to tion (EEC) No 1417/78 the correcting amount must in the previous indent ; 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 HAS ADOPTED THIS REGULATION : fixed for the month(s) in question to give a nil rate for the supplementary aid ;, Article 1 Whereas, if the aid system is to operate normally, The rate of the aid referred to in Article 5 (3) of Regu­ refunds should be calculated on the following basis : lation (EEC) No 1117/78 is fixed in the Annex to this — in the case of currencies which are maintained in Regulation. relation to each other at any given moment within a band of 2-25 % , a rate of exchange based on Article 2 their effective parity ; — for other currencies , an exchange rate based on the This Regulation shall enter into force on 1 November 1978 . arithmetic mean of the spot market rates of each

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

No L 307/ 54 1 . 11 . 78 Official Journal of the European Communities

ANNEX

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

Additional aid applicable from 1 November 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 22-518 12.867

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

December 1978 21.784 12.448

January 1979 21-861 12.492 February 1979 21.230 12.131 March 1979 21-209 12-119 22.557 12-889 April 1979 May 1979 22.155 12.660 June 1979 22-155 12-660

July 1979 22155 12.660 August 1979 22-155 12.660

September 1979 22-155 12-660 October 1979 22.155 12.660