NoL325/50 17.12.94 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EC)No3088/94
of16December 1994
fixingtheaidforcotton
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,cottonseedandinginnedcottonandalsothenetcostof
ginning;
HavingregardtotheTreatyestablishingtheEuropean
Community,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
definedinArticle1ofCommissionRegulation(EEC)No
1201/89of3May1989,layingdownrulesimplementing
thesystemofaidcottonQ,aslastamendedbyRegulation
(EEC)No2046/93(8),minusthecostofginning;Whereas,pursuanttoArticle5ofRegulation(EEC)No
2169/81,aidmustbegrantedforunginnedcotton
harvestedintheCommunitywhentheworldmarket
priceforunginnedcottonisbelowtheguideprice;
Whereastheaidisequaltothedifferencebetweenthese
twoprices;Whereastheabovevaluesareestablishedonthebasisof
thepricesdeterminedinaccordancewithArticles2and3
ofRegulation(EEC)No1201/89;whereastheworld
marketpriceisdeterminedonthebasisofthemost
favourableoffersandquotationsrecorded,excludingoffers
andquotationswhichcannotberegardedasrepresenta­
tiveoftherealmarkettrend; Whereastheguidepriceforunginnedcottonhasbeen
fixedforthe1994/95marketingyearbyCouncilRegula­
tion(EC)No1876/94(4);
Whereasthenecessaryadjustmentsmustbemadeincases
wheretheoffersandquotationsrecordeddonotsatisfy
therequirementsindicatedabove;Whereastheabatementofthesubsidywhicharisesfrom
thesystemofmaximumguaranteedquantitiesforthe
1994/1995marketingyear,hasbeenfixedbyCommission
Regulation(EC)No2150/94(*),asamendedbyRegula­
tion(EC)No3012/94(6)andsetatECU23,843per100
kg;
Whereastheworldmarketpriceforunginnedcottonis
determinedperiodicallyonthebasisoftheworldprices
recordedforginnedcottonandcottonseed,talkinginto
accounttheestimatedyieldoftheCommunityharvestinWhereas,pursuanttoArticle4(4)ofRegulation(EEC)No
2169/81,iftherearenosuitableoffersorquotationsfor
determingtheworldmarketpriceforcottonseed,that
priceshallbeestablishedonthebasisofthemostfavou­
rableoffersandquotationsforcottonseedrecordedon
theCommunitymarketor,ifthoseoffersandquotations
cannotbeestablished,onthebasisofthevalueofthe
productsobtainedfromprocessingtheseedinthe
Community,lesstheprocessingcost;whereasthisvalue
isdeterminedinaccordancewithArticle4ofRegulation
(EEC)No1201/89;(')OJNoL377,31.12.1987,p.49.
(2)OJNoL211,31.7.1981,p.2.
(3)OJNoL154,25.6.1993,p.23.
(4)OJNoL197,30.7.1994,p.17.
HOJNoL228,1.9.1994,p.31.
(6)OJNoL320,13.12.1994,p.9.0OJNoL123,4.5.1989,p.23.
(8)OJNoL185,28.7.1993,p.19.

17.12.94 OfficialJournaloftheEuropeanCommunities NoL325/51
HASADOPTEDTHISREGULATION :
Article1
TheaidforunginnedcottonprovidedforinArticle5of
Regulation(EEC)No2169/81shallbeECU46,730per
100kilograms.WhereastherepresentativemarketratesdefinedinArticle
1ofCouncilRegulation (EEC)No3813/92('),as
amendedbyRegulation(EC)No3528/93(2),areusedto
convertamountsexpressedinthirdcountrycurrencies
andareusedasthebasisfordeterminingtheagricultural
conversionratesoftheMemberStates'currencies;
whereasdetailedrulesontheapplicationanddetermina­
tionoftheseconversionsarelaiddowninCommission
Regulation(EEC)No1068/93(3),asamendedbyRegula­
tion(EC)No547/94(4);
Whereastheaidmustbefixedonceamonth,andinsuch
awaythatitcanbeappliedforthefirstdayofthemonth
followingthedateoffixing;whereasitmaybealtered
betweenfixings;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
aidforcottonshouldbeassetoutinthisRegulation,Article2
ThisRegulationshallenterintoforceon17December
1994.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,16December1994.
FortheCommission
ReneSTEICHEN
MemberoftheCommission
(')OJNoL387,31.12.1992,p.1.
(2)OJNoL320,22.12.1993,p.32.
OOJNoL108,1.5.1993,p.106.
(<)OJNoL69,12.3.1994,p.1.