1.2.90 OfficialJournaloftheEuropeanCommunities NoL30/37
COMMISSION REGULATION (EEC)No268/90
of31January1990
fixingtheaidforsoyabeans
tionofoffersandpriceswhichmaynotbeconsideredas
representative oftheactualmarkettrend;whereas
accountistobetakenofoffersmadeontheworldmarket
aswellasthepricesquotedonexchangeswhichare-
importantintermsofinternationaltrade;whereas,under
thatRegulation,wherethesubsidytobegrantedisfixed
inadvance,theamountofsuchsubsidymustbeequalto
theamountapplicableonthedayonwhichtheapplica­
tionforadvancefixingwaslodged,adjustedbythediffe­
rencebetweenthetargetpricevalidonthatdayandthe
targetpricevalidontheidentificationday;whereassuch
adjustmentshouldinvolveincreasingorreducingthe
amountofsubsidyapplicableonthedayonwhichthe
applicationwaslodgedbythecorrectiveamountandthe
differencebetweenthetargetpricesmentionedinArticle
33ofCommissionRegulation(EEC)No2537/89of8
August1989layingdowndetailedrulesfortheapplica­
tionofthespecialmeasureforsoyabeansQ,asamended
byRegulation(EEC)No150/90(8);
Whereas,pursuanttoRegulation(EEC)No2537/89,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),aslastamendedbyRegulation(EEC)No
2217/88(2),andinparticularArticle2(7)thereof,
HavingregardtoCouncilRegulation(EEC)No2286/88
of19July1988providingforthegrantingofspecialaid
forsoyabeansproducedandprocessedinPortugal(3),
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;
Whereastheguidepriceforsoyabeansforthe1989/90
marketingyearwasfixedbyCouncilRegulation(EEC)
No1232/89(4);whereas,pursuanttoArticles95(2)and
293(2)oftheActofAccessionofSpainandPortugal,aid
forsoyabeansharvestedinthesetwoMemberStatesisto
beintroducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;
Whereas,pursuanttoArticleofRegulation(EEC)No
2286/88,soyabeansproducedandprocessedinPortugal
shallbeeligibleforspecialaidequaltothedifference
betweentheguidepriceforsuchbeansinPortugaland
thepriceofimportedsoyabeans;
Whereas,pursuanttoCouncilRegulation (EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
ningspecialmeasuresforsoyabeansf5),aslastamended
byRegulation(EEC)No1231/89(f),theworldpricefor
soyabeansistobedeterminedonthebasisofthemost
favourableactualpurchasing .possibility,withtheexcepWhereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidyforsoyabeans
whicharisesfromthesystemofmaximumguaranteed
quantitiesforthe1989/90marketingyearhasbeenfixed
byCommissionRegulation(EEC)No3303/89(9);-
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(10),aslastamendedbyRegu­
lation(EEC)No1636/87(n),
(')OJNoL151,10.6.1985,p.15.
ROJNoL197,26.7.1988,p.11.0OJNoL201,27.7.1988,p.2.
(«)OJNoL128,11.5.1989,p.26.OOJNoL245,22.8.1989,p.8.
(8)OJNoL18,23.1.1990,p.10.
(9)OJNoL320,1.11.1989,p.60.
(10)OJNoL164,24.6.1985,p.1.
(11)OJNoL153,13.6.1987,p.1.0OJNoL204,2.8.1985,p.1.
(4OJNoL128,11.5.1989,p.24.

NoL30/38 OfficialJournaloftheEuropeanCommunities 1.2.90
HASADOPTEDTHISREGULATION :
Article1
TheamountoftheaidprovidedforinArticle2forin
Regulation(EEC)No1491/85andtheamountofthe
specialaidprovidedforinArticle1ofRegulation(EEC)
No2286/88inthecaseofPortugalshallbeassetoutin
theAnnexhereto.—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,Article2
ThisRegulationshallenterintoforceon1February1990.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission

NoL30/39 1.2.90 OfficialJournaloftheEuropeanCommunities
ANNEX
totheCommissionRegulationof31January1990fixingtheaidforsoyabeans
(ECU/100kg)
Seedharvestedin
Spain PortugalanotherMember
State
Seedprocessedincurrentperiod1
—Spain 0,000 27,824 27,824
—Portugal 19,897 27,824027,824
—anotherMemberState 19,897 27,824 27,824
Seedprocessedinfirstperiod
—Spain 0,000 27,837 :27,837
—Portugal 19,910 27,837027,837
—anotherMemberState 19,910 27,837 27,837
Seedprocessedinsecondperiod
—Spain 0,000 28,193 28,193
—Portugal 20,266 28,193028,193
—anotherMemberState 20,266 28,193 28,193
Seedprocessedinthirdperiod
—Spain 0,000 28,509 28,509
—Portugal 20,582 28,509(*)28,509
—anotherMemberState 20,582 28,509 28,509
Seedprocessedinfourthperiod
—Spain 0,000 28,500 28,500
—Portugal 20,573 28,500028,500
—anotherMemberState 20,573 28,500 28,500
Seedprocessedinfifthperiod
—Spain 0,000 28,500 28,500
—Portugal 20,573 28,500028,500
—anotherMemberState 20,573 28,500 28,500
0Specialaid.