1987R1964 — EN — 28.05.1990 — 001.001 — 1
This document is meant purely as a documentation tool and the institutions do not assume any liability for its contents
►B COUNCIL REGULATION (EEC)No 1964/87
of 2 July 1987
adjusting the system of aid for cotton introduced by Protocol No 4 annexed to the Act of Accession
of Greece
(OJ L 184, 3.7.1987, p. 14)
Amended by:
Official Journal
No page date
►M1Council Regulation (EEC) Nr. 1357/90 of 14 May 1990 L 134 22 28.5.1990
1987R1964 — EN — 28.05.1990 — 001.001 — 2
▼B
COUNCIL REGULATION (EEC)No 1964/87
of 2 July 1987
adjusting the system of aid for cotton introduced by Protocol No 4
annexed to the Act of Accession of Greece
THE COUNCIL OF THE EUROPEAN COMMUNITIES,
Havingreg ard to the Treaty establishingthe European EconomicCommunity,
Havingreg ard to the Act of Accession of Greece, and in particular
paragraph 11 of Protocol No 4 on cotton annexed to it, as amended byProtocol No 14 attached to the Act of Accession of Spain and Portugal,
Havingreg ard to the proposal from the Commission(
1),
Havingreg ard to the opinion of the European Parliament(2),
Havingreg ard to the opinion of the Economic and Social Committee(3),
Whereas examination of the operation of the system introduced for
cotton by Protocol No 4 reveals a need for adjustment;
Whereas provision should be made to reduce the amount of production
aid where the estimated production exceeds the maximum quantityguaranteed for the marketing year in question; whereas in the interestsof sound management, provision should also be made that in caseswhere the actual production differs from the estimated production, themaximum quantity guaranteed for the ensuing marketing year must beaccordingly adjusted;
Whereas cotton is grown in some of the least-favoured areas of the
Community; whereas a study should be carried out which deals with theimpact of cotton-growing in the regions concerned; whereas provisionshould be made for alteringthe maximum g uaranteed quantity if thestudy’s findings show this to be necessary;
Whereas experience may show that other adjustments to the system
provided for by the abovementioned protocol are necessary; whereasprovision should be made therefore for enablingthe Council to adjustthe system,
HAS ADOPTED THIS REGULATION:
Article 1
This Regulation provides for adjustments to the system of aid for the
production of cotton provided for in paragraph 3 of Protocol No 4attached to the Act of Accession of Greece.
Article 2
1. Before the beginning of each marketing year, the Council, acting
by a qualified majority on a proposal from the Commission, shalldetermine the maximum guaranteed quantity. Such quantity, which shallbe fixed in the light of production during a reference period and theforeseeable trend of demand, may not exceed 752 000 tonnes ofunginned cotton.
2. When the production of unginned cotton, estimated at the begin-
ningof the marketingyear, exceeds the maximum quantity g uaranteedfor the year in question, the amount of aid shall be reduced by anamount obtained by multiplyingthe norm price by a coefficient which
(1) OJ No C 89, 3. 4. 1987, p. 39.
(2) OJ No C 156, 15. 6. 1987.
(3) OJ No C 150, 9. 6. 1987, p. 8.
1987R1964 — EN — 28.05.1990 — 001.001 — 3
▼B
increases in line with the amount by which estimated productionexceeds the maximum quantity guaranteed.
▼
M1
However for the 1987/88, 1988/89, 1989/90 and 1990/91 marketingyears, this reduction in the amount of aid may not be greater than 15 %,20 %, 25 % and 25 % respectively of the norm price.
▼
B
Where the first subparagraph, when applied to the actual productioninstead of to the production estimated prior to the beginning of themarketingyear, would result in a reduction in the amount of aiddifferent from that which has been granted, the maximum quantityguaranteed for the following marketing year shall be adjusted to allowfor this situation.
3. The Council, actingby a qualified majority on a proposal from the
Commission, shall adopt the rules for the determination of the coeffi-cient referred to in paragraph 2.
Article 3
1. The Commission shall, before the 1988/89 marketingyear, submit
to the Council a report on the functioningof the system based on anorm price, for unginned cotton and on the development of cotton-growing in the least-favoured areas of the Community.
The Council, actingby a qualified majority on a proposal from the
Commission and after consultingthe European Parliament shall, if thereport shows this to be necessary, decide on a change in the maximumguaranteed quantity specified in Article 2.
2. Not later than five years after the implementation of this Regula-
tion the Commission shall submit to the Council a report on the opera-tion of the aid scheme.
The Council, actingin accordance with the procedure referred to in the
second subparagraph of paragraph 1 shall, if the report shows this to benecessary, decide on any adjustments to the system.
Article 4
This Regulation shall enter into force on the day of its publication in the
Official Journal of the European Communities .
It shall apply with effect from the 1987/88 marketingyear.
This Regulation shall be binding in its entirety and directly applicable in
all Member States.