1.12.88 OfficialJournaloftheEuropeanCommunities NoL328/31
COMMISSION REGULATION (EEC)No3744/88
of30November 1988
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,theapplicationofthespecialmeasuresforsoyabeans
aslastamendedbyRegulation(EEC)No2674/88Q,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle2of
Regulation(EEC)No2329/85;HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),aslastamendedbyRegulation(EEC)No
2217/88(%andinparticularArticle2(7)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,Whereastheabatementofthesubsidyforsoyabeans
whicharisesfromthesystemofmaximumguaranteed
quantitiesforthe1988/89marketingyear.hasbeenfixed
byCommissionRegulation(EEC)No3404/88(8);
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
Whereastheguidepriceforsoyabeansforthe1988/1989
marketingyearwasfixedbyCouncilRegulation(EEC)
No2219/88(3);whereaspursuanttoArticles95(2)and
293(2)oftheActofAccessionofSpainandPortugalaid
forsoyabeansharvestedinthesetwoMemberStatesisto
beintroducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No1636/87(10);
forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
ningspecialmeasuresforsoyabeans(4),aslastamended
byRegulation(EEC)No3555/88(*),theworldpricefor
soyabeansistobedeterminedonthebasisofthemost
favourableactualpurchasingpossibility,withtheexcep­
tionofoffersandpriceswhichmaynotbeconsideredas
representative oftheactualmarkettrend;whereas
acccountistobetakenofoffersmadeontheworld
marketaswellasthepricesquotedonexchangeswhich
areimportantintermsofinternationaltrade;Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,Whereas,pursuanttoCommissionRegulation(EEC)No
2329/85of12August1985layingdowndetailedrulesfor
(')OJNoL151,10.6.1985,p.15.
(2)OJNoL197,26.7.1988,p.11.0OJNoL197,26.7.1988,p.14.
(4)OJNoL204,2.8.1985,p.1.0OJNoL311,17.11.1988,p.7.i6)OJNoL218,15.8.1985,p.16.0OJNoL239,30.8.1988,p.19.
(8)OJNoL299,1.11.1988,p.58.
OOJNoL164,24.6.1985,p.1.
(10)OJNoL153,13.6.1987,p.1.

NoL328/32 OfficialJournaloftheEuropeanCommunities 1.12.88
HASADOPTEDTHISREGULATION : Article2
ThisRegulationshallenterintoforceon1December
1988.Article1
TheaidreferredtoinArticle2ofRegulation(EEC)No
1491/85isherebyfixedintheAnnexhereto.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30November1988.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
Aidforsoyabeans
(ECU/100kg)
- Seedharvestedin
Spain PortugalanotherMember
State
Seedprocessedin:
—Spain
—Portugal
—anotherMemberState0,000
17,392
17,39227,702
0,000
27,70227,702
27,702
27,702