NoL223/40 OfficialJournaloftheEuropeanCommunities 31.7.82
COMMISSION REGULATION (EEC)No2116/82
of30July1982
fixingtheaidforcotton
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofGreece,and
inparticularparagraphs3and10ofProtocol4thereto,
HavingregardtoCouncilRegulation (EEC)No
2169/81of27July1981layingdownthegeneralrules
forthesystemofaidforcotton('),asamendedby
Regulation(EEC)No1982/82(2),andinparticular
Article5(1)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,underArticle5ofRegulation(EEC)No
2169/81,aidmustbegrantedforunginnedcotton
harvestedintheCommunitywhentheworldmarket
priceforunginnedcottonisbelowtheguideprice;
Whereastheaidisequaltothedifferencebetween
thesetwoprices;
Whereastheguidepriceforthe1982/83marketing
yearwasfixedbyRegulation(EEC)No1428/82(3);
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 thesystemofaidforcotton(4),asamendedbyRegulation
(EEC)No2066/82(*);whereastheworldmarketprice
isdeterminedonthebasisofthemostfavourable
offersandquotationsrecorded,excludingoffersand
quotationswhichcannotberegardedasrepresentative
oftherealmarkettrend;
Whereasforthe1982/83marketingyeartheoffersand
quotationsareincreasedbythosecustomsduties
appliedinGreecewhenimportingfromotherMember
States;
Whereasthenecessaryadjustmentsmustbemadein
caseswheretheoffersandquotationsrecordeddonot
satisfytherequirementsindicatedabove;
Whereas,underArticle4(4)ofRegulation(EEC)No
2169/81,iftherearenosuitableoffersorquotations
for-determiningtheworldmarketpriceforcotton
seed,thispriceistobeestablishedonthebasisofthe
valueoftheproductsobtainedfromtheprocessingof
thoseseeds,lessthecostofcrushing;whereasthis
valueisdetermined inaccordancewithArticle4of
Regulation (EEC)No2183/81;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theircentralrate,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastheaidmustbefixedonceamonth,andin
suchawaythatitcanbeappliedfromthefirstdayof
themonthfollowingthedateoffixing;whereasit
maybealteredbetweenfixings;
Whereasitfollowsfromapplyingtheseprovisionsto
theoffersandquotationsknowntotheCommission
thattheaidforcottonshouldbeassetoutinthis
Regulation,
(')OJNoL211,31.7.1981,p.2.
(2)OJNoL215,23.7.1982,p.5.
P)OJNoL162,12.6.1982,p.25.(4)OJNoL211,31.7.1981,p.35.
OOJNoL220,29.7.1982,p.22

31.7.82 OfficialJournaloftheEuropeanCommunities NoL223/41
HASADOPTEDTHISREGULATION : Article2
Article1
TheaidforunginnedcottonreferredtoinArticle5of
Regulation(EEC)No2169/81shallbe33-360ECUThisRegulationshallenterintoforceon1August
per100kilograms. 1982.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30July1982.
FortheCommission
PoulDALSAGER
MemberoftheCommission