NoL196/44 OfficialJournaloftheEuropeanCommunities 26.7.84
COMMISSION REGULATION (EEC)No2147/84
of25July1984
fixingtheaidforcotton
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofGreece,and
inparticularparagraphs3and10ofProtocol4thereto.
HavingregardtoCouncilRegulation (EEC)No
2169/81of27July1981layingdownthegeneralrules
forthesystemofaidforcotton('),aslastamendedby
Regulation (EEC)No1462/84(-),andinparticular
Article5(1)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,underArticle5ofRegulation (EEC)No
2169/81,aidmustbegrantedforunginnedcotton
harvestedintheCommunitywhentheworldmarket
priceforunginnedcottonisbelowtheguideprice;
Whereastheaidisequaltothedifferencebetween
thesetwoprices;
Whereastheguidepriceforthe1983/84marketing
yearwasfixedbyCouncilRegulation (EEC)No
1579/83of14June19830;
Whereastheworldmarketpriceforunginnedcotton
isdeterminedperiodicallyonthebasisoftheworld
marketpricesrecordedforginnedcottonandcotton
seed,takingintoaccounttheestimatedyieldofthe
Communityharvestincottonseedandinginned
cottonandalsothenetcostofginning;
Whereastheworldmarketpriceforginnedcottonand
cottonseedisdeterminedinaccordancewithArticle4
ofRegulation (EEC)No2169/81;
Whereas,iftheworldmarketpriceforunginned
cottoncannotbedeterminedasdescribedabove,this
priceshallbeestablishedonthebasisofthemost
recentpricedetermined ;
Whereastheabovevaluesareestablishedonthebasis
ofthepricesdeterminedinaccordancewithArticles2,3and4ofCommissionRegulation (EEC)No2183/81
of30July1981layingdownrulesimplementing the
systemofaidforcotton(4),aslastamendedbyRegula­
tion(EEC)No2118/84(');whereastheworldmarket
priceisdeterminedonthebasisofthemostfavourable
offersandquotationsrecorded,excludingoffersand
quotationswhichcannotberegardedasrepresentative
oftherealmarkettrend;
Whereasforthe1983/84marketingyeartheoffersand
quotationsareincreasedbythosecustomsduties
appliedinGreecewhenimportingfromotherMember
States;
Whereasthenecessaryadjustmentsmustbemadein
caseswheretheoffersandquotationsrecordeddonot
satisfytherequirementsindicatedabove;
Whereas,underArticle4(4)ofRegulation (EEC)No
2169/81,iftherearenosuitableoffersorquotations
fordeterminingtheworldmarketpriceforcotton
seed,thispriceistobeestablishedonthebasisofthe
valueoftheproductsobtainedfromtheprocessingof
thoseseeds,lessthecostofcrushing ;whereasthis
valueisdetermined inaccordancewithArticle4of
Regulation (EEC)No2183/81;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2,25%,arateofexchangebasedon
theircentralrate,
—forothercurrencies ,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastheaidmustbefixedonceamonth,andin
suchawaythatitcanbeappliedfromthefirstdayof
themonthfollowingthedateoffixing;whereasit
maybealteredbetweenfixings;
Whereasitfollowsfromapplyingtheseprovisionsto
theoffersandquotationsknowntotheCommission
thattheaidforcottonshouldbeassetoutinthis
Regulation ,
(')OfNoL211,31.7.1981,p.2.
(:)O'fNoL142,29.5.1984,p.1.
O0"|NoL163,22.6.1983,p.21(4)OfNoL211.31.7.1981,p.35.0OjNoL195,25.7.1984,p.30.

26.7.84 OfficialJournaloftheEuropeanCommunities NoL196/45
Article2 HASADOPTEDTHISREGULATION :
Article1
TheaidforunginnedcottonreferredtoinArticle5of
Regulation (EEC)No2169/81shallbe29,995ECU
per100kilograms . ThisRegulationshallenterintoforceon26July1984.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,25July1984.
FortheCommission
PoulDALSAGER
MemberoftheCommission