NoL237/32 OfficialJournal "oftheEuropeanCommunities27.8.88
COMMISSION REGULATION (EEC)No2666/88
of26August1988
fixingtheamountofthesubsidyonoilseeds
THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,1988/89marketingyearwerefixedbyRegulations (EEC)
No2213/880and(EEC)No2214/88(8);
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,Whereasasupplementtothetargetpricefor'doublezero
colzaandrapeseedwasfixedinRegulation(EEC)No
2213/88;
HavingregardtotheActofAccessionofSpainand
Portugal,Whereastheabatementofthesubsidywhicharises,where
appropriate,fromthesystemofmaximumguaranteed
quantitiesforthe1988/89marketingyear,hasnot,to
date,beenfixed;whereastheamountofthesubsidyfor
the1988/89marketingyearhasbeenprovisionallycalcu­
latedonthebasisofanabatementof4,502ECUper100
kilogramsforcolzaandrapeseedandonthebasisofan
abatementof5,835ECUper100kilogramsforsunflower
seed:HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishmentofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation(EEC)No2210/88(2),andin
particularArticle27(4)thereof,
HavingregardtoCouncilRegulation(EEC)No
1678/85(3)fixingtheconversionratestobeappliedin
agriculture,aslastamendedbyRegulation(EEC)No
2185/88(4),Whereasthestandardqualityforsunflowerseedhasbeen
maintainedbytheCouncilforthe1988/89marketing
year;whereasthecoefficientsofequivalenceappliedto
thepricesofsunflowerseedfromthirdcountrieshave
beenfixedbyCommissionRegulation (EEC)No
2869/870;HavingregardtoCouncilRegulation(EEC)No1569/72
of20July1972layingdownspecialmeasuresforcolza,
rapeandsunflowerseed(*),aslastamendedbyRegulation
(EEC)No2216/88(6),andinparticularArticle2(3)
thereof,WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfora
Communityfrontiercrossingpoint,istobedetermined
onthebasisofthemostfavourablepurchasingopportuni­
ties,quotationsbeingadjustedwherenecessarytotake
accountofquotationsforcompetingproducts; HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbegrantedinrespectofoil
seedsharvestedandprocessedwithintheCommunity
whenthetargetpriceforaspeciesofseedishigherthan
thepriceontheworldmarket;whereastheseprovisions
atpresentapplyonlyinrespectofcolza,rapeand
sunflowerseeds;WhereasArticle4ofCouncilRegulationNo115/67/EEC
of6June1967layingdowncriteriafordetermining
worldmarketpricesforoilseedsandfixingthefrontier
crossingpoint(10),aslastamendedbyRegulation(EEC)
No1983/82("),fixedthesaidcrossingpoint.at
Rotterdam ;whereasArticle1ofthatRegulationprovides
thatwhentheworldmarketpriceisbeingdetermined
accountshouldbetakenofalloffersontheworldmarket
knowntotheCommissionandofquotationsonthose
exchangeswhicharesignificantforinternationaltrade;
whereasArticle2ofCommissionRegulationNo225/
67/EECof28June1967ondetailedrulesfordetermi­
ningtheworldmarketpriceforoilseeds(12),aslast
amendedbyRegulation(EEC)No2869/87,providesthat
offersandquotationswhichdonotrelatetoshipmentsto
beeffectedwithin30daysfollowingthedateonwhichWhereasthesubsidyonoilseedsshould,theoretically ,be
equaltothedifferencebetweenthosetwoprices;
Whereasthetargetpriceandthemonthlyincreasesinthe
targetpriceforcolza,rapeandsunflowerseedforthe
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL197,26.7.1988.f)OJNoL164,24.6.1985,p.11.
(4)OJNoL195,23.7.1988,p.1.0OJNoL167,25.7.1972,p.9.
(6)OJNoL197,26.7.1988.P)OJNoL197,26.7.1988.
(8)OJNoL197,26.7.1988.
(>)OJNoL273,26.9.1987,p.16.
(I0)OJNo111,10.6.1967,p.2196/67.
(»)OJNoL215,23.7.1982,p.6.
(I2)OJNo136,30.6.1967,p.2919/67.

27-8-88 OfficialJournaloftheEuropeanCommunities NoL237/33
bedeterminedinaccordancewithArticle6ofthat
Regulation ;theworldmarketpriceisdeterminedshouldbedisre­
garded;whereasoffersandquotationswhichthe
Commissionbelieves,inviewofgeneralpricemovements
orinformationavailabletoit,nottoberepresentativeof
therealtrendofthemarketmustalsobedisregarded ;
whereasoffersandquotationsrelatingtoquantitiesoflkss
than500tonnesandoffersrelatingtoseedofaquality
otherthanthatnormallyacceptableontheworldmarket
mustalsobedisregarded ;whereasArticle3ofRegulationNo115/67/EECprovides
that,wherenoofferorquotationcanbeusedasabasis
fordeterminingtheworldmarketpriceandwhereitis,
moreover,impossibletoestablishthevalueoftheoilor
oilcakeprocessedfromsuchseed,theworldmarketprice
shouldbedeterminedonthebasisofthemostrecent
knownvalueforoiloroilcake,adjustedtotakeaccount
ofthetrendofworldpricesforcompetingproductsby
applyingtothatvaluetherulessetoutinArticle2of
RegulationNo115/67/EEC;whereasArticle7ofRegula­
tionNo225/67/EECdefinescompetingproductsasthose
oilsoroilcakes,asthecasemaybe,whichappeartohave
beenofferedinthelargestquantitiesontheworldmarket
duringtheperiodunderconsideration :WhereasArticle3ofRegulationNo225/67/EECprovides
thatoftheoffersandquotationstakenintoconsideration ,
thosefordeliverycandfshouldbeincreasedby0,2%;
whereasoffersandquotationsfordeliveryfas,fobor
otherwiseshouldbeincreased,asappropriate,byloading,
transportandinsurancecostsfromthepointofshipment
orloadingtothefrontiercrossingpoint;whereascif
offersandquotationsforfrontiercrossingpointsother
thanRotterdamshouldbeadjustedtoallowforthediffe­
renceintransportandinsurancecostsascomparedwitha
productdeliveredcifRotterdam;whereastheCommis­
sionshouldtakeaccountonlyoftheloading,transport
andinsurancecostswhichtoitsknowledgearethe
lowest;whereas,finally,offersandquotationsfordelivery
cifRotterdamshouldbeincreasedby0,242ECU;Whereas,underArticle6ofRegulationNo115/67/EEC,
thepricedeterminedforcolza,rapeandsunflowerseeds
mustalsobeadjustedbyanamountnotexceedingthe
margin,ascalculatedinaccordancewiththatArticle,
wherethatmarginmayaffectthenormaldisposalofseeds
harvestedintheCommunity ;
WhereasArticle5ofRegulationNo115/67/EECprovides
thattheworld,marketpriceshouldbedeterminedfor
seedofthestandardqualityforwhichthetargetpricehas
beenfixed,deliveredinbulk:whereasCouncilRegulation(EEC)No1594/83of14
June1983onthesubsidyforoilseeds('),aslastamended
byRegulation(EEC)No2215/88(2),laiddownrulesfor
grantingthesubsidyonoilseeds;whereas,underthat
Regulation,wherethesubsidytobegrantedisfixedin
advance,theamountofsuchsubsidymustbeequaltothe
amountapplicableonthedayonwhichtheapplication
foradvancefixingwaslodged,adjustedbythedifference
betweenthetargetpricevalidonthatdayandthetarget
pricevalidonthedayonwhichtheseedsareplaced
undercontrolatanoilorfeedmilland,whereappro­
priate,acorrectiveamount;whereasArticle35of
CommissionRegulation (EEC)No2681/83of21
September1983layingdowndetailedrulesfortheappli­
cationofthesubsidysystemforoilseeds(3),aslast
amendedbyRegulation(EEC)No2586/88(4),provides
thatsuchadjustmentshouldinvolveincreasingorredu­
cingtheamountofsubsidyapplicableonthedayon
whichtheapplicationwaslodgedbythecorrective
amountandthedifferencebetweenthetargetprices
mentionedinArticle35ofRegulation(EEC)No
2681/83:whereasArticle3ofRegulationNo225/67/EECprovides
thatoffersandquotationsrelatingtoproductspresented
otherwisethaninbulkshouldbeadjustedbydeducting
theadditionalvalueresultingfromthatpresentation ;
whereasoffersandquotationsrelatingtoaqualityother
thanthestandardqualityforwhichthetargetpricewas
fixedshouldbeadjustedonthebasisofthecoefficientsof
equivalenceshownintheAnnextothatRegulation ;
whereas,inthecaseofoffersontheworldmarketfor
qualitiesofcolzaandrapeseedotherthanthoselistedin
thatAnnex,coefficientsofequivalencederivedfromthose
listedinthatAnnexmay,pursuanttoArticle4ofRegula­
tionNo225/67/EEC,beapplied;whereas,whenderived
coefficientsarebeingcalculated,accountmustbetakenof
thedifferencesbetweenpricesforthequalitiesofseedin
questionandpricesforthequalitieslistedinthatAnnex,
andofthecharacteristics ofthesevariousseeds:
WhereasArticle37ofRegulation(EEC)No2681/83
providesthatthecorrectiveamountmustbeequaltothe
differencebetweentheworldmarketpriceforcolza,rape
andsunflowerseedsandtheforwardpriceforthoseseeds
validforashipmenteffectedduringthemonthinWhich
theseedswereplacedundercontrolatanoilmill,those
pricesbeingdeterminedinaccordancewithArticles1,4WhereasArticle2ofRegulationNo115/67/EECprovides
that,wherenoofferorquotationcanbeusedasabasis
fordeterminingtheworldmarketprice,thatpriceshould
bedeterminedonthebasisofthevalueoftheaverage
quantitiesofoilandoilcakeresultingfromtheproces­
singof100kilogramsofseedwithintheCommunityless
anamountcorresponding tothecostofprocessingthese
seedsintooilandoilcake;whereasthequantitiesand
coststobetakenintoconsiderationforthepurposesof
thecalculationarefixedinArticle5ofRegulationNo
225/67/EEC;whereasthevalueofthosequantitiesshould(')OJNoL163,22.6.1983,p.44.0OJNoL197,26.7.1988.
(3)OJNoL266,28.9.1983,p.1.
(4)OJNoL230,19.8.1988,p.23.

27.8.88NoL237/34 OfficialJournaloftheEuropeanCommunities
and5ofRegulationNo115/67/EEC;whereas,ifnooffer
andnopricecanbeusedforsuchdetermination ,the
methodofcalculationprovidedforinArticle37ofRegu­
lation(EEC)No2681/83shouldbeused;whereasthe
abovementioned differencemaybeadjustedinaccordance
withArticle38ofRegulation(EEC)No2681/83,account
beingtakenofthepricesofthemaincompetingcereals;(a)forthoseMemberStateswhosecurrenciesaremain­
tainedasbetweenthemselveswithinaspreadatany
givenmomentof2,25%,thedifferencebetween:
—theconversionrateusedunderthecommon
agriculturalpolicy,and
—theconversionrateresultingfromthecentralrate,
(b)fortheotherMemberStates,thedifferencebetween:
—therelationshipbetweentheconversionrateused
underthecommonagriculturalpolicyforthe
currencyoftheMemberStateconcernedandthe
centralrateofeachofthecurrenciesofthe
MemberStatesreferredtoin(a),and
—thespot,^narketrateforthecurrencyofthe
MemberStateinquestioninrelationtoeachof
thecurrenciesoftheMemberStatesreferredtoin
(a),asrecordedoveraperiodtobedetermined ;Wherea^theaidforcolza,rapeorsunflowerseed
harvestedorprocessedinSpainorPortugalistobe
advisedasprovidedforinCouncilRegulation(EEC)No
478/86(');whereaspursuanttoArticle95(2)and293(2)
oftheActofAccessionofSpainandPortugalthisaidis
tobeintroducedatthebeginningofthe1986/87marke­
tingyearforseedharvestedinthesetwoMemberStates;
Whereas,inArticle14ofCouncilRegulation(EEC)No
475/86(2)of25February1986layingdowngeneralrules
forthemechanismforcontrollingthepricesandthe
quantitiesofcertainproductsintheoilsandfatssector
releasedforconsumptioninSpainprovisionismadefor
thegrantingofcompensatory aid,subjecttocertain
conditions;whereascompensatoryaidshouldbefixedfor
sunflowerseedsharvestedinSpain;WhereasRegulation(EEC)No1813/84specifiesthespot
andforwardexchangeratesandtheperiodtobeusedfor
calculatingthedifferentialamounts;whereasincases
where,foroneormoremonths,quotationsofforward
exchangeratesarenotavailable,theratesadoptedforthe
previousmonthsorthefollowingmonths,asthecasemay
be,mustbeused;
Whereasthesubsidyshouldbefixedwheneverthe
marketsituationmakesitnecessaryandinsuchawayas
toensureitsbeingappliedatleastonceaweek;whereas
thesubsidymaybealteredwheneveritbecomesobvious
thatsuchalterationisnecessary;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthat,
pursuanttoArticle33ofRegulation(EEC)No2681/83
theamountofthesubsidyinECUandtheamountofthe
subsidyineachofthenationalcurrenciesmustbefixed
inaccordancewiththeAnnextothisRegulation ;
whereas,pursuanttothesameArticle,thespotand
forwardexchangeratesfortheECUinnationalcurrencies
determinedinaccordancewithArticle4ofRegulation
(EEC)No1813/84mustalsobepublished,WhereasCouncilRegulation (EEC)No1920/87(3),
providesforthegrantingofaspecialsubsidyfor
sunflowerseedharvestedandprocessedinPortugal;
whereastheamountofthissubsidyshouldbefixed;.
WhereasArticle33ofRegulation(EEC)No2681/83
providesforthepublicationoftheamountofthefinal
subsidyobtainedfromtheconversionintoeachofthe
nationalcurrenciesoftheamountinECUresultingfrom
thecalculationreferredtoaboveplusorminusthediffe­
rentialamount;whereasArticle1ofCommissionRegula­
tion(EEC)Nol$13/84(4),aslastamendedbyRegulation
(EEC)No2138/87(*),definedtheelementswhichdeter­
minethedifferentialamounts;whereastheseelements
areequaltotheincidenceonthetargetpriceless7,5%
orthesubsidyofthecoefficientderivedfromthepercen­
tagereferredtoinArticle2(1)ofRegulation(EEC)No
1569/72;whereas,accordingtotheseprovisions,this
percentagerepresents :HASADOPTEDTHISREGULATION :
Article1
(')OJNoL53,1.3.1986,p.55.
(2)OJNoL53,1.3.1986,p.47.
(3)OJNoL183,3.7.1987,p.18.0OJNoL170,29.6.1984,p.41.0OJNoL200,21.7.1987,p.9.1.Theamountsofthesubsidyandtheexchangerates
referredtoinArticle33(2)and(3)ofRegulation(EEC)
No2681/83shallbeassetoutintheAnnexhereto.

27.8.88 OfficialJournaloftheEuropeanCommunities NoL237/35
from29August1988totakeaccount,whereapplicable,of
theconsequences oftheapplicationofthemaximum
guaranteedquantiteessystem.2.Theamountofthecompensatory aidreferredtoin
Article14ofRegulation(EEC)No475/86shallbeas
showninAnnexIIItothisRegulationforsunflowerseed
harvestedinSpain.
3.Theamountofthespecialsubsidyprovided
forbyRegulation (EEC)1920/87forsunflowerseed
harvestedandprocessedinPortugalisfixedinAnnexIII.
4.However,theamountofaidforcolza,rapeand
sunflowerseedshallbeconfirmedorreplacedwitheffectArticle2
ThisRegulationshallenterintoforceon29August1988.
ThisRegulationshallbe,bindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26August1988.
FortheCommission
FransANDRIESSEN
Vice-President

27.8.88NoL237/36 OfficialJournaloftheEuropeanCommunities
ANNEXE
Aidstocolzaandrapeseedotherthan'doublezero'
(amountsper100kilograms)
Current
8(')1stperiod
9(')2ndperiod
10o3rdperiod
1104thperiod
1205thperiod
l(')
1.Grossaids(ECU):
—Spain
—Portugal
—OtherMemberStates0,580
0,000
13,5430,580
0,000
13,5430,580
0,000
12,8290,580
0,000
12,2030,580
0,000
12,5210,580
0,000
12,540
2.Finalaids: \ I
(a)Seedharvestedandprocessedin:I
—FederalRepublicofGermany
(DM)
—Netherlands (Fl)
—BLEU(Bfrs/Lfrs)
—France(FF)
—Denmark(Dkr)
—Ireland(£Irl)
—UnitedKingdom(£)
—Italy(Lit)
—Greece(Dr)32,45
36,07
645,66
92,25
114,38
10,241
7,310
18562
1103,6032,45
36,07
645,66
92,25
114,38
10,241
7,310
18562
1098,6430,78
34,19
611,19
86,64
108,00
9,617
6,779
17290
940,8129,35
32,54
580,89
81,61
102,36
9,057
6,255
16046
778,4130,10
33,38
596,17
83,98
105,14
9,321
6,464
16554
825,7330,47
33,77
605,52
88,18
108,58
9,803
7,046
17599
724,96
(b)SeedharvestedinSpainand
processed:
—inSpain(Pta)
—inanotherMemberState(Pta)89,44
2178,5089,44
2178,5089,44
2069,3389,44
1964,9389,44
2013,9789,44
1989,87
(c)SeedharvestedinPortugaland
processed :
—inPortugal(Esc)
—inanotherMemberState(Esc)0,00
2673,890,00
2673,890,00
2520,250,00
2373,500,00
2428,110,00
2364,33
(l)Subjecttothereductionresultingfromthemaximumguaranteedquantitiessystem.

27.8.88 OfficialJournaloftheEuropeanCommunities NoL237/37
ANNEXII
Aidstocolzaandrapeseed'doublezero'
(amountsper100kilograms)
Current 1stperiod 2ndperiod 3rdperiod4thperiod5thperiod
l8(') 90 10(') 11(1) 120 1(')
1.Grossaids(ECU): \
—Spain 3,080 3,080 3,080 3,080 3,080 3,080
—Portugal 2,500 2,500 2,500 2,500 2,500 2,500
—OtherMemberStates 16,043 16,043 15,329 14,703 15,021 15,040;
2.Finalaids:I l
(a)Seedharvestedandprocessedin:\
—FederalRepublicofGermany
(DM) 38,36 38,36 36,69 35,25 36,00 36,38
—Netherlands (Fl) 42,69 42,69 40,80 39,15 40,00 40,39
—BLEU(Bfrs/Lfrs) 765,83 765,83 731,35 701,05 716,34 726,23
—France(FF) 110,94 110,94 105,33 100,30 102,67 107,14
—Denmark(Dkr) 136,26 136,26 129,89 124,24 127,03 130,69
—Ireland(£Irl) 12,320 12,320 11,696 11,135 11,400 11,912
—UnitedKingdom(£) 8,951 8,951 8,419 7,895 8,104 8,734
—Italy(Lit) 22554 22554 21283 20038 20546 21687
—Greece(Dr) 1475,60 1470,63 1312,81 1150,41 1197,73 1096,95
(b)SeedharvestedinSpain)and
processed : I
—inSpain(Pta) 474,98 474,98 474,98 474,98 474,98 474,98
—inanotherMemberState(Pta)2564,03 2564,03 2454,86.2350,46 2399,50 2375,41
(c)SeedharvestedinPortugaland
processed: I
—inPortugal(Esc) 429,31 429,31 429,31 429,31 429,31 429,31
—inanotherMemberState(Esc)3103,20 3103,20 2949,56 2802,81 2857,42 2793,64
(')Subjecttothereductionresultingfromthemaximumguaranteedquantitiessystem.

NoL237/38 OfficialJournaloftheEuropeanCommunities27.8.88
ANNEXIII
Aidstosunflowerseed
(amountsper100kilograms)
Current
8(')1stperiod
9(')2ndperiod
10(')3rdperiod
11(')4thperiod
12(')
1.Grossaids(ECU):
—Spain
—Portugal
—OtherMemberStates5,170
0,000
17,4175,170.
0,000
17,0095,170
0,000
16,6015,170
0,000
16,7345,170
0,000
16,949
2.Finalaids:
-(a)Seedharvestedandprocessedin(2):
—FederalRepublicofGermany
(DM)
—Netherlands (Fl)
—BLEU(Bfrs/Lfrs)
—France(FF)
—Denmark(Dkr)
—Ireland(£Irl)
—UnitedKingdom(£)
—Italy(Lit)
—Greece(Dr)41,75
46,39
830,27
118,49
147,03
13,155
9,377
23823
1404,9640,79
45,31
810,57
115,29
143,39
12,798
9,082
23120
1322,1639,84
44,24
790,87
112,09
.139,74
12,442
8,766
22364
1214,3840,19
44,59
797,21
112,99
140,86
12,542
8,774
22391
1184,0540,70
45,16
807,51
114,53
142,72
12,714
8,904
22712
1209,43
(b)SeedharvestedinSpainand
processed :
—inSpain(Pta)
—inanotherMemberState(Pta)797,28
1773,68797,28
1711,40797,28
1648,89797,28
1657,85797,28
1691,20
(c)SeedharvestedinPortugaland
processed:
—inPortugal(Esc)
—inSpain(Esc)
—inanotherMemberState(Esc)0,00
3542,34
3439,800,00
3462,62
3362,400,00
3358,63
3261,420,00
3349,50
3252,550,00
3384,23
3286,27
3.Compensatory aids:
—inSpain(Pta) 1713,37 1646,03 1588,28 1597,25 1630,60
4.Specialaid:
—inPortugal(Esc) 3439,80 3362,40 3261,42 3252,55 3286,27
(')Subjecttothereductionresultingfromthemaximumguaranteedquantitiessystem.
(2)ForseedharvestedintheCommunityasconstitutedat31December1985andprocessedinSpain,theamountsshownin2(a)tobemultipliedby1,0298070.
ANNEXIV
ExchangerateoftheECUtobeusedforconvertingfinalaidsintothecurrencyoftheprocessingcountrywhenthelatterisa
countryotherthanthecountryofproduction
(valueof1ECU)
Current
81stperiod
92ndperiod
103rdperiod
114thperiod
125thperiod
1
DM 2,083550 2,079900 2,076200 2,072260 2,072260 2,061220
Fl 2,342140 2,338740 2,334980 2,331050 2,331050 2,318930
Bfrs/Lfrs 43,673200 43,664200 43,655600 43,643800 43,643800 43,647000
FF 7,061700 7,064080 7,066190 7,071000 7,071000 7,084280
Dkr 7,977230 7,984250 7,989670 7,995210 7,995210 8,014230
£Irl 0,775965 0,775752 0,775426 0,775368 0,775368 0,775738
£ 0,647382 0,649336 0,651270 0,653201 0,653201 0,658181
Lit 1542,43 1546,65 1551,70 1556,32 1556,32 1570,94
Dr 167,03000 168,09800 169,20200 170,61300 170,61300 174,57900
Esc 169,27700 170,07900 170,86000 171,70100 171,70100 174,06100
Pta 136,53300 136,87900 137,22200 137,54500 137,54500 138,48200