31979R1320

30 . 6 . 79 Official Journal of the European Communities No L 162/ 65

COMMISSION REGULATION (EEC) No 1320/ 79

of 29 June 1979

fixing the aid rate for peas and field beans used in the feeding of animals

THE COMMISSION OF THE EUROPEAN of animals (5), as amended by Regulation (EEC) No COMMUNITIES , 1 334/79 (6), the average price must be determined per 100 kilograms of bulk soya cake of the standard quality defined in Article 1 (2) of Regulation (EEC) Having regard to the Treaty establishing the European No 1298 /79 delivered Rotterdam ; whereas it must be Economic Community, equal to the arithmetical mean of the offers and quota­ tions recorded during the five days preceding the day Having regard to Council Regulation (EEC) No of determination ; 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 ( J), and in particular Article 2 (5) thereof, referred to in Article 3 of Regulation (EEC) No 3075/78 , must be made for offers and quotations not Having regard to the opinion of the Monetary of the type referred to above ; Committee,

Whereas under Article 4 of Regulation (EEC) No Whereas under Article 2 ( 1 ) of Regulation (EEC) No 3075/78 , 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 1979/80 marketing year was fixed by seed in the Community delivered to Rotterdam, Council Regulation (EEC) No 1298/79 of 25 June and 1979 (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), as amended by Whereas, if the aid system is to operate normally, Regulation (EEC) No 1212/79 (4), 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 ; whereas account must be taken both of all offers on a band of 2-25 % , a rate of exchange based 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 2 of Commission Regulation ( EEC) No 3075/78 of 20 December 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 . (2 ) See page 18 of this Official Journal . (3) OJ No L 171 , 28 . 6 . 1978 , p. 5 . (5) OJ No L 367, 28 . 12. 1978 , p. 9 . (4 ) OJ No L 153 , 21 . 6 . 1979 , p. 6 . (6) See page 100 of this Official Journal .

No L 162/ 66 Official Journal of the European Communities 30 . 6 . 79

HAS ADOPTED THIS REGULATION : Article 2

Article1¶

The aid referred to in Article 2 of Regulation ( EEC) No 1119/78 is fixed at 6-220 ECU per 100 kilograms. This Regulation shall enter into force on 1 July 19 79 .

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

Done at Brussels, 29 June 1979 .

For the Commission

Finn GUNDELACH

Vice-President