31979R2414

No L 275/40 1 . 11 . 79 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 2414/79

of 31 October 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 (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 of the market in dried fodder ^), as last amended by 1117/78 ; Regulation (EEC) No 2285/79 (2), 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 is equal to a percentage of the difference between out in Article 3 of Commission Regulation (EEC) No 1528/78 of 30 June 1978 laying down detailed rules these two prices ; for the application of the system of aid for dried Whereas this percentage and the guide price were fodder (5), as last amended by Regulation (EEC) No fixed by Council Regulation (EEC) No 1299/79 of 25 2320/79 (6) ; June 1979 fixing the flat-rate production aid and the guide price for dried fodder for the 1979/80 Whereas under Article 11 of Regulation (EEC) No marketing year (3) ; 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 ence between the average world market price and the 1417/78 of 19 June 1978 on the aid system for dried average forward world market price multiplied by the fodder (4), the average world market price for the percentage fixed in Article 3 of Regulation (EEC) No products described in the first indent of Article 1 (b) 1 299 /79 ; whereas when for one of the months Regulation (EEC) No 1 1 1 7/78 is to be determined on following that of the introduction of supplementary the basis of the most favourable actual purchase possi­ aid the average forward world market price cannot be bilities excepting those which cannot be considered determined by applying the criteria specified in representative of the real market trend ; whereas offers Article 1 of Regulation (EEC) No 1417/78 the price and quotations recorded during the first 25 days of the determined for the previous month is used to calcu­ month in question for quantities that can be delivered late the difference ; whereas when for two or more 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) OJ No L 263, 19 . 10 . 1979, p. 1 . (3) OJ No L 162, 30. 6. 1979, p. 19 . (5) OJ No L 179, 1 . 7. 1978 , p. 10. (4) OJ No L 171 , 28 . 6. 1978, p. 1 . (b) OJ No L 265, 23 . 10 . 1979, p. 5.

1 . 11 . 79 No L 275/41 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 the result of the applications of all these percentage fixed in Article 3 of Regulation (EEC) No provisions 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 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 1979 . 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 1979 .

For the Commission

Finn GUNDELACH

Vice-President

No L 275/42 1 . 11 . 79 Official Journal of the European Communities

ANNEX

to the Commission Regulation of 31 October 1979 fixing the rate of the supplementary aid for dried fodder

Additional aid applicable from 1 November 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 23.07 C

Additional aid 4.656 2.661

Additional aid in case of advance fixing for the month of : (ECU/tonne)

December 1979 4-495 2.569

January 1980 3.901 2-229

February 1980 3-901 2-229

March 1980 4-670 2-669

4-955 2-832 April 1980

May 1980 0 0

June 1980 0 0

July 1980 0 0

August 1980 0 0

0 0 September 1980

October 1980 0 0