NoL320/64 OfficialJournaloftheEuropeanCommunities 1.11.89
COMMISSION REGULATION (EEC)No3305/89
of31October1989
fixingdieaidforsoyabeans
favourableactualpurchasingpossibility,withtheexcep­
tionofoffersandpriceswhichmaynotbeconsideredas
representative oftheactualmarkettrend;whereas
accountistobetakenofoffersmadeontheworldmarket
aswellasthepricesquotedonexchangeswhichare
importantintermsofinternationaltrade;whereas,under
thatRegulation,wherethesubsidytobegrantedisfixed
inadvance,theamountofsuchsubsidymustbeequalto
theamountapplicableonthedayonwhichtheapplica­
tionforadvancefixingwaslodged,adjustedbythediffe­
rencebetweenthetargetpricevalidonthatdayandthe
targetpricevalidontheidentificationday;whereassuch
adjustmentshouldinvolveincreasingorreducingthe
amountofsubsidyapplicableonthedayonwhichthe
applicationwaslodgedbythecorrectiveamountandthe
differencebetweenthetargetpricesmentionedinArticle
33ofCommissionRegulation(EEC)No2537/89of8
August1989layingdowndetailedrulesfortheapplica­
tionofthespecialmeasureforsoyabeansf);
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
2217/88(2),andinparticularArticle2(7)thereof,
HavingregardtoCouncilRegulation(EEC)No2286/88
of19July1988providingforthegrantingofspecialaid
forsoyabeansproducedandprocessedinPortugal(3),
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;
Whereastheguidepriceforsoyabeansforthe1989/90
marketingyearwasfixedbyCouncilRegulation(EEC)
No1232/89(4);whereas,pursuanttoArticles95(2)and
293(2)oftheActofAccessionofSpainandPortugal,aid
forsoyabeansharvestedinthesetwoMemberStatesisto
beintroducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;
Whereas,pursuanttoArticleofRegulation(EEC)No
2286/88,soyabeansproducedandprocessedinPortugal
shallbeeligibleforspecialaidequaltothedifference
betweentheguidepriceforsuchbeansinPortugaland
thepriceofimportedsoyabeans;
Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
ningspecialmeasuresforsoyabeans(*),aslastamended
byRegulation(EEC)No1231/89(*),theworldpricefor
soyabeansistobedeterminedonthebasisofthemostWhereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidyforsoyabeans
whicharisesfromthesystemofmaximumguaranteed
quantitiesforthe1989/90marketingyearhasbeenfixed
byCommissionRegulation(EEC)No3303/89(8);
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(9),aslastamendedbyRegula­
tion(EEC)No1636/87(10),
(')OJNoL151,10.6.1985,p.15.
(2)OJNoL197,26.7.1988,p.11.
(3)OJNoL201,27.7.1988,p.2.
(4)OJNoL128,11.5.1989,p.26.0OJNoL204,2.8.1985,p.1.
<)OJNoL128,11.5.1989,p.24.f)OJNoL245,22.8.1989,p.8.
(8)Seepage60ofthisOfficialJournal.
(')OJNoL164,24.6.1985,p.1.
(1#)OJNoL153,13.6.1987,p.1.

1.11.89 OfficialJournaloftheEuropeanCommunities NoL320/65
HASADOPTEDTHISREGULATION :
Article1
TheamountoftheaidprovidedforinArticle2forin
Regulation(EEC)No1491/85andtheamountofthe
specialaidprovidedforinArticle1ofRegulation(EEC)
No2286/88inthecaseofPortugalshallbeassetoutin
theAnnexhereto.—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,Article2
ThisRegulationshallenterintoforceon1November
1989.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31October1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission

NoL320/66 OfficialJournaloftheEuropeanCommunities 1.11.89
ANNEX
totheCommissionRegulationof31October1989fixingdieaidforsoyabeans
(ECU/100kg)
Seedharvestedin
Spain PortugalanotherMember
State
Seedprocessedincurrentperiod
—Spain
—Portugal
—anotherMemberState0,000
17,975
17,97525,902
25,9020
25,90225,902
25,902
25,902
Seedprocessedinfirstperiod
—Spain
—Portugal
—anotherMemberState0,000
18,015
18,01525,942
25,9420
25,94225,942
25,942
25,942
Seedprocessedinsecondperiod
—Spain
—Portugal
—anotherMemberState0,000.
17,935
17,93525,862
25.862Q
25,86225,862
25,862
25,862
Seedprocessedinthirdperiod
—Spain
—Portugal
—anotherMemberState0,000
17,716
17,71625,643
25,6430
25,64325,643
25,643
25,643
Seedprocessedinfourthperiod
—Spain
—Portugal
—anotherMemberState0,000
17,676
17,67625,603
25,6030
25,60325,603
25,603
25,603
Seedprocessedinfifthperiod
—Spain
—Portugal
—anotherMemberStateft
0,000
18,017
18,017•25,944
25,9440
25,94425,944
25,944
25,944
(*)Specialaid.