NoL24/48 OfficialJournaloftheEuropeanCommunities1.2.92
COMMISSION REGULATION (EEC)No235/92
of31January1992
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,day;whereassuchadjustmentshouldinvolveincreasing
orreducingtheamountofsubsidyapplicableontheday
onwhichtheapplicationwaslodgedbythecorrective
amountandthedifferencebetweenthetargetprices
mentionedinArticle33ofCommissionRegulation(EEC)
No2537/89of8August1989layingdowndetailedrules
fortheapplicationofthespecialmeasureforsoya
beans(*),aslastamendedbyRegulation(EEC)NoHavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
2692/910;
HavingregardtotheActofAccessionofSpainand
Portugal,
Whereas,pursuanttoRegulation(EEC)No2537/89,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),aslastamendedbyRegulation(EEC)No
1724/91(2),andinparticularArticle2(7)thereof,
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;
Whereastheabatementofthesubsidywhicharises,where
appropriate,fromthesystemofmaximumguaranteed
quantitiesforthe1991/92year,hasbeenfixedby
CommissionRegulation(EEC)No250/92(8);Whereastheguidepriceforsoyabeanswasfixedforthe
1991/92marketingyearbyCouncilRegulation(EEC)No
1726/910;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulescon­
cerningspecialmeasuresforsoyabeans(4),aslast
amendedbyRegulation(EEC)No1725/91Q,theworld
priceforsoyabeansistobedeterminedonthebasisof
themostfavourableactualpurchasingpossibility,withthe
exceptionofoffersandpriceswhichmaynotbecon­
sideredasrepresentative oftheactualmarkettrend;
whereasaccountistobetakenofoffersmadeonthe
worldmarketaswellasthepricesquotedonexchanges
whichareimportantintermsofinternationaltrade;
whereas,underthatRegulation,wherethesubsidytobe
grantedisfixedinadvance,theamountofsuchsubsidy
mustbeequaltotheamountapplicableonthedayon
whichtheapplicationforadvancefixingwaslodged,
adjustedbythedifferencebetweenthetargetpricevalid
onthatdayandthetargetpricevalidontheidentification—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(9)aslastamendedbyRegula­
tion(EEC)No2205/90(10),
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecuratespublishedinthe'C'seriesof
theOfficialJournaloftheEuropeanCommunities
overaperiodtobedetermined,multipliedbythe
factorreferredtointheprecedingindent;
(»)OJNoL151,10.6.1985,p.15.0OJNoL162,26.6.1991,p.35.
(3)OJNoL162,26.6.1991,p.39.
(4)OJNoL204,2.8.1985,p.1.
(*)OTNoL162.26.6.1991.o.37.<°)OJNoL245,22.8.1989,p.8.f)OJNoL255,12.9.1991,p.12.
(8)Seepage86ofthisOfficialJournal.0OJNoL164,24.6.1985,p.1.
(10)OJNoL201,31.7.1990,p.9.

1.2.92 NoL24/49 OfficialJournaloftheEuropeanCommunities
Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;HASADOPTEDTHISREGULATION :
Article1
TheamountoftheaidprovidedforinArticle2ofRegu­
lation(EEC)No1491/85shallbeassetoutintheAnnex
hereto.
Article2
ThisRegulationshallenterintoforceon1February1992.Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof31January1992fixingtheaidforsoyabeans
(ECU/100kg)
Current
period
2First
period
3Second
period
4Third
period
5Fourth
period
6
Seedharvested 27,525 27,473 27,577 27,559 27,559