1.11.88 Official.JournaloftheEuropeanCommunities NoL299/47
COMMISSION REGULATION (EEC)No3399/88
of31October1988
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,theapplicationofthespecialmeasuresforsoyabeans(*),
aslastamendedbyRegulation(EEC)No2674/88(J),the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),aslastamendedbyRegulation(EEC)No
2217/88(2),andinparticularArticle2(7)thereof,Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle2of
Regulation (EEC)^o2329/85;
Whereastheabatementofthesubsidyforsoyabeans
whicharisesfromthesystemofmaximumguaranteed
quantitiesforthe1988/89marketingyearhagbeenfixed
byCommissionRegulation(EEC)No3404/88(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);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices; ■ >
Whereastheguidepriceforsoyabeansforthe1988/1989
marketingyearwasfixedbyCouncilRegulation(EEC)
No2219/88(3);whereaspursuanttoArticles95(2)and
293(2)oftheActofAccessionofSpainandPortugalaid
forsoyabeansharvestedinthesetwoMemberStatesisto
beintroducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;
Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
ningspecialmeasuresforsoyabeans(4),aslastamended
byRegulation(EEC)No2218/88(^;theworldpricefor
soyabeansistobedeterminedonthebasisofthemost
favourableactualpurchasingpossibility,withtheexcep­
tionofoffersandpriceswhichmay.notbeconsideredas
representative oftheactualmarkettrend;whereas
acccountistobetakenofoffersmadeontheworld
marketaswellasthepricesquotedonexchangeswhich
areimportantintermsofinternationaltrade;
Whereas,pursuanttoCommissionRegulation(EEC)No
2329/85of12.August1985layingdowndetailedrulesforWhereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
(')OJNoL151,10.6.1985,p.15.0OJNoL197,26.7.1988,p.11.0OJNoL197,26.7.1988,p.14.
(4)OJNoL204,2..8.1985,p.1.0OJNoL197,26.7.1988,p.12.(6)OJNoL218,15.8.1985,p.16.0OJNoL239,30.8.1988,p.19.
(8)Seepage58ofthisOfficialJournal.
(»)OJNoL164,24.6.1985,p.1.
(,0)OJNoL153,13.6.1987,p.1.

NoL299/48 OfficialJournaloftheEuropeanCommunities 1.11.88
HASADOPTEDTHISREGULATION :
Article1
TheaidreferredtoinArticle2ofRegulation(EEC)No
1491/85isherebyfixedintheAnnexhereto.Article2
ThisRegulationshallenterintoforceon1November
1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31October1988.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
Aidforsoyabeans
(ECU/100kg)
Seedharvestedin
Spain PortugalanotherMember
State
Seedprocessedin:
—Spain
—Portugal
—anotherMemberState0,000
16,748
16,74827,058
0,000
27,05827,058
27,058
27,058