31979R1321

30 . 6 . 79 No L 162/ 67 Official Journal of the European Communities

COMMISSION REGULATION ( EEC) No 1321 /79 of 29 June 1979 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 Economic Community, determined from offers on the world market of and quotations on the exchanges important for interna­ Having regard to Council Regulation (E^C) 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 of the market in dried fodder ( 1 ), and in particular 1117/78 ; 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 plants harvested in the Community ; whereas this aid Whereas the adjustments referred to above were set is equal to a percentage of the difference between out in Article 3 of Commission Regulation (EEC) No 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 last amended by Regulation (EEC) No fixed by Council Regulation (EEC) No 1299/79 of 25 1144/79 (5); June 1979 fixing the flat-rate production aid and the guide price for dried fodder for the 1979/80 Whereas under Article 1 1 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 Whereas under Council Regulation (EEC) No 1417/78 ence between the average world market price and the of 19 June 1978 on the aid system for dried fodder (3 ), average forward world market price multiplied by the the average world market price for the products percentage fixed in Article 3 of Regulation (EEC) No 1299 /79 ; whereas when for one of the months described in the first indent of Article 1 (b) Regulation ( EEC) No 1117/78 is to be determined on the basis of following that of the introduction of supplementary the most favourable actual purchase possibilities aid the average forward world market price cannot be excepting those which cannot be considered represen­ determined by applying the criteria specified in tative of the real market trend ; whereas offers and Article 1 of Regulation (EEC) No 1417/78 the price quotations recorded during the first 25 days of the determined for the previous month is used to calcu­ late the difference ; whereas when for two or more month in question for quantities that can be delivered during the following calendar month are to be used ; consecutive months following that of the introduction whereas the average world market price thus deter­ of supplementary aid the average forward world mined is used to fix the supplementary aid rate appli­ market prices cannot be determined by applying the cable on the following month ; criteria set out in Article 1 of Regulation (EEC) No 1417/78 the prices previously determined for these Whereas the necessary adjustments must be made in months, adjusted on the basis of the difference the case of offers and quotations not of the type between the average world market price and the last 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) See page 19 of this Official Journal . (4) OJ No L 179, 1 . 7 . 1978 , p. 10 . (3) OJ No L 171 , 28 . 6 . 1978 , p. 1 . (5) OJ No L 143, 12. 6. 1979, p. 5 .

No L 162/68 Official Journal of the European Communities 30 . 6 . 79

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 1n Article 3 of Regulation (EEC) No visions to the offers and quotations which the 642/79 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, refunds should be calculated on the following basis : The rate of the aid referred to in Article 5 (3) of Regu­ — in the case of currencies which are maintained in lation ( EEC) No 1117/78 is fixed in the Annex to this 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 arithmetic mean of the spot market rates of each This Regulation shall enter into force on 1 July 1979 .

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

30 . 6 . 79 Official Journal of the European Communities No L 162/ 69

ANNEX

to the Commission Regulation of 29 June 1979 fixing the rate of the additional aid for dried fodder

Additional aid applicable from 1 July 1979 to dried fodder

( ECU /tonne )

Dehydrated fodder ex 12.10 B Fodder otherwise dried ex 12.10 B CCT heading No Protein concentrates ex 2 3.07 C

Additional aid 8049 4.599

Additional aid in case of advance fixing for the month of : ( IX I ' fount )

8049 4.599 August 1979 7.371 4.21 1 September 1979 October 1979 7.371 4-211 November 1979 7.189 4.107 December 1979 7.189 4.107 January 1980 6.727 3-843 February 1980 6.946 3.969 March 1980 6.809 3.891