1.9.93 OfficialJournaloftheEuropeanCommunities NoL222/35
COMMISSION REGULATION (EEC)No2419/93
of31August1993
fixingtheaidforcotton
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,accounttheestimatedyieldoftheCommunityharvestin
cottonseedandinginnedcottonandalsothenetcostof
ginning;
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
Whereastheworldmarketpriceforginnedcottonand
cottonseedisdeterminedinaccordancewithArticle4of
Regulation (EEC)No2169/81;HavingregardtotheActofAccessionofGreece,andin
particularparagraphs3and10ofProtocol4oncotton
annexedthereto,asamendedbyProtocol14annexedto
theActofAccessionofSpainandPortugal,andCommis­
sionRegulation(EEC)No4006/87('),Whereas,iftheworldmarketpriceforunginnedcotton
cannotbedeterminedasdescribedabove,thispriceshall
beestablishedonthebasisofthemostrecentpricedeter­
mined;
HavingregardtoCouncilRegulation(EEC)No2169/81
of27July1981layingdownthegeneralrulesforthe
systemofaidforcotton(2),aslastamendedbyRegulation
(EEC)No1554/93(3),andinparticularArticle5(1)
thereof,Whereastheworldmarketpriceforunginnedcottonis
equaltothesumofthevaluesforginnedcottonseed
definedinArticle1ofRegulation(EEC)No1201/89of
3May1989layingdownrulesimplementing thesystem
ofaidforcotton(6),aslastamendedbyRegulation(EEC)
No2046/93Q,minusthecostofbeginning; Whereas,pursuanttoArticle5ofRegulation(EEC)
No2169/81,aidmustbegrantedforunginnedcotton
harvestedintheCommunitywhentheworldmarket
priceforunginnedcottonisbelowtheguideprice;
Whereastheaidisequaltothedifferencebetweenthese
twoprices;Whereastheabovevaluesareestablishedonthebasisof
thepricesdeterminedinaccordancewithArticles2and3
ofRegulation(EEC)No1201/89;whereastheworld
marketpriceisdetrminedonthebasisofthemostfavour
rableoffersandquotationsrecorded,excludingoffersand
quotationswhichcannotberegardedasrepresentative of
therealmarkettrend;
Whereastheguidepriceforcottonisfixedforthe
1993/94marketingyearbyCouncilRegulation (EEC)
No1555/93(4);whereasthispricewasreducedbyRegu­
lation(EEC)No2044/93(5)asaconsequenceofthe
monetaryrealignments ;Whereasthenecessaryadjustmentsmustbemadeincases
wheretheoffersandquotationsrecordeddonotsatisfy
therequirementsindicatedabove;
Whereastheabatementofthesubsidywhicharisesfrom
thesystemofmaximumguaranteedquantitiesforthe
1993/94year,hasbeenfixedatECU20,293per100kilo­
grams;Whereas,pursuanttoArticle4(4)ofRegulation(EEC)
No2169/81,iftherearenosuitableoffersorquotations
fordetermingtheworldmarketpriceforcottonseed,that
priceshallbeestablishedonthebasisofthemostfavou­
rableoffersandquotationsforcottonseedrecordedon
theCommunitymarketor,ifthoseoffersandquotations
cannotbeestablished,onthebasisofthevalueofthe
productsobtainedfromprocessingtheseedinthe
Community ,lesstheprocessingcost;whereasthisvalue
isdeterminedinaccordancewithArticle4ofRegulation
(EEC)No1201/89;Whereastheworldmarketpriceforunginnedcottonis
determinedperiodicallyonthebasisoftheworldprices
recordedforginnedcottonandcottonseed,talkinginto
(')OJNoL377,31.12.1987,p.49.0OJNoL211,31.7.1981,p.2.0OJNoL154,25.6.1993,p.23.
(4)OJNoL154,25.6.1993,p.24.0OJNoL185,28.7.1993,p.16.(6)OJNoL123,4.5.1989,p.23.
(7)OJNoL185,28.7.1993,p.19.

NoL222/36 OfficialJournaloftheEuropeanCommunities1.9.93
Whereastherepresentative marketratesdefinedin
Article1ofCouncilRegulation(EEC)No3813/92(')are
usedtoconvertamountsexpressedinthirdcountry
currenciesandareusedasthebasisfordeterminingthe
agriculturalconversionratesoftheMemberStates'curren­
cies;whereasdetailedrulesontheapplicationanddeter­
minationoftheseconversionsarelaiddowninCommis­
sionRegulation(EEC)No1068/93(2);
Whereastheaidmustbefixedonceamonth,andinsuch
awaythatitcanbeappliedforthefirstdayofthemonth
followingthedateoffixing;whereasitmaybealtered
betweenfixings;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
aidforcottonshouldbeassetoutinthisRegulation,HASADOPTED THISREGULATION :
Article1
TheaidforunginnedcottonprovidedforinArticle5of
Regulation(EEC)No2169/81shallbe:
—ECU63,648per100kilograms.
Article2
ThisRegulationshallenterintoforceon1September
1993.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1993.
FortheCommission
ReneSTEICHEN
MemberoftheCommission
(')OJNoL387,31.12.1992,p.1.
OOJNoL108,1.5.1993,p.106.