29.12.90 OfficialJournaloftheEuropeanCommunitiesNoL367/77
COMMISSION REGULATION (EEC)No3865/90
of28December1990
fixingtheaidforsoyabeans
worldmarketaswellasthepricesquotedonexchanges
whichareimportantintermsofinternationaltrade;
whereas,underthatRegulation,wherethesubsidytobe
grantedisfixedinadvance,theamountofsuchsubsidy
mustbeequaltotheamountapplicableonthedayon
whichtheapplicationforadvancefixingwaslodged,
adjustedbythedifferencebetweenthetargetpricevalid
onthatdayandthetargetpricevalidontheidentification
day;whereassuchadjustmentshouldinvolveincreasing
orreducingtheamountofsubsidyapplicableontheday
onwhichtheapplicationwaslodgedbythecorrective
amountandthedifferencebetweenthetargetprices
mentionedinArticle33ofCommissionRegulation(EEC)
No2537/89of8August1989layingdowndetailedrules
fortheapplicationofthespecialmeasureforsoya
beansQ,aslastamendedbyRegulation(EEC)No
2427/90(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
3577/90(2),andinparticularArticle2(7)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;
Whereastheguidepriceforsoyabeansforthe1990/91
marketingyearwasfixedbyCouncilRegulation(EEC)
No1319/90(3);whereas,pursuanttoArticles95and293
oftheActofAccessionofSpainandPortugal,aidforsoya
beansharvestedinthesetwoMemberStatesistobe
calculatedinaccordancewiththeprovisionsofparagraphs
2and3ofthesaidArticles,
WhereasthepricesfixedbytheCouncilaretobereduced
inaccordancewithCommissionRegulation(EEC)No
1756/90of27June1990establishingtheguideprice
fixedinecusbytheCouncilinthesoyabeansectorand
reducedasaresultofthemonetaryrealignmentof5
January1990(4);
Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulescon­
cerningspecialmeasuresforsoyabeans(*),aslast
amendedbyRegulation(EEC)No1231/89(%theworld
priceforsoyabeansistobedeterminedonthebasisof
themostfavourableactualpurchasingpossibility,withthe
exceptionofoffersandpriceswhichmaynotbeconsi­
deredasrepresentative oftheactualmarkettrend;
whereasaccountistobetakenofoffersmadeontheWhereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidyforsoyaseed
whicharises,whereappropriate,fromthesystemof
maximumguaranteedquantitiesforthe1990/91marke­
tingyear,hasbeenfixedbyCommissionRegulation
(EEC)No3217/900;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(I0),aslastamendedbyRegu­
lation(EEC)No2205/90(»),
(■)OJNoL151,10.6.1985,p.15.
(2)OJNoL353,17.12.1990,p.23. 0OJNoL245,22.8.1989,p.8.
(8)OJNoL228,22.8.1990,p.15.0OJNoL308,8.11.1990,p.19.
(10)OJNoL164,24.6.1985,p.1.
(u)OJNoL201,31.7.1990,p.9.OOJNoL132,23.5.1990,p.13.
(<)OJNoL162,28.6.1990,p.19.
OOJNoL204,2.8.1985,p.1.
MOJNoL128,11.5.1989,p.24.

NoL367/78 29.12.90 OfficialJournaloftheEuropeanCommunities
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecusratespublishedinthe'C'seriesof
theOfficialJournaloftheEuropeanCommunities
overaperiodtobedetermined,multipliedbythe
factorreferredtointheprecedingindent;
Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthesubsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
HASADOPTEDTHISREGULATION :
Article1
TheamountoftheaidprovidedforinArticle2ofRegu­
lation(EEC)No1491/85shallbeassetoutintheAnnex
hereto.
Article2
ThisRegulationshallenterintoforceon1January1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28December1990.
FortheCommission
RayMAGSHARRY
MemberoftheCommission

29.12.90 OfficialJournaloftheEuropeanCommunities NoL367/79
ANNEX
totheCommissionRegulationof28December1990fixingtheaidforsoyabeans
(ECU/100kg)
Current
period
1First
period
2Second
period
3Third
period
4Fourth
period
5Fifth
period
6
Seedharvested:
—Spain 18,473 18,236 18,109 18,295 18,438 18,280
—anotherMemberState 24,017 23,780 23,653 23,839 23,982 23,824