31.8.91OfficialJournaloftheEuropeanCommunities NoL243/39
COMMISSION REGULATION (EEC)No2602/91
of30August1991
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,onwhichtheapplicationwaslodgedbythecorrective
amountandthedifferencebetweenthetargetprices
mentionedinArticle33ofCommissionRegulation(EEC)
No2537/89of8August1989layingdowndetailedrules
fortheapplicationofthespecialmeasureforsoya
beans(*),aslastamendedbyRegulation(EEC)No
2427/90(«);HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
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,
HavingregardtotheopinionoftheMonetaryCommittee,whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;Whereas,owingtothelackoftheadjustmentintherate
ofaidforsoyaseedresultingfromthemaximumguaran­
teedquantityarrangementsforthe1991/92marketing
year,therateoftheaidforthismarketingyearhasonly
beenabletobecalculatedprovisionallyonthebasisof
theabatementforthe1990/91marketingyear;whereas
thisamountshouldthereforeonlybeappliedprovisio­
nallyandshouldbeconfirmedorreplacedoncethe
consequences ofthemaximumguaranteedquantityarran­
gementsareknown;Whereastheguidepriceforsoyabeanswasfixedforthe
1991/92marketingyearbyCouncilRegulation(EEC)No
1726/91(3);
Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulescon­
cerningspecialmeasuresforsoyabeans(4)aslast
amendedbyRegulation(EEC)No1726/91,theworld
priceforsoyabeansistobedeterminedonthebasisof
themostfavourableactualpurchasingpossibility,withthe
exceptionofoffersandpriceswhichmaynotbecon­
sideredasrepresentative oftheactualmarkettrend;
whereasaccountistobetakenofoffersmadeonthe
worldmarketaswellasthepricesquotedonexchanges
whichareimportantintermsofinternationaltrade;
whereas,underthatRegulation,wherethesubsidytobe
grantedisfixedinadvance,theamountofsuchsubsidy
mustbeequaltotheamountapplicableonthedayon
whichtheapplicationforadvancefixingwaslodged,
adjustedbythedifferencebetweenthetargetpricevalid
onthatdayandthetargetpricevalidontheidentification
day;whereassuchadjustmentshouldinvolveincreasing
orreducingtheamountofsubsidyapplicableonthedayWhereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85QaslastamendedbyRegula­
tion(EEC)No2205/90(8)
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecusratespublishedinthe'C'seriesof
theOfficialJournaloftheEuropeanCommunities
overaperiodtobedetermined ,multipliedbythe
factorreferredtointheprecedingindent;
(')OJNoL151,10.6.1985,p.15.0OJNoL162,26.6.1991,p.35.0OJNoL245,22.8.1989,p.8.(jOJNoL228,22.8.1990,p.15.
0OJNoL164,24.6.1985,p.1.
(8)OJNoL201,31.7.1990,p.9.0OJNoL162,26.6.1991,p.39.nOJNoL204,2.8.1985,p.1.

NoL243/40 OfficialJournaloftheEuropeanCommunities 31.8.91
2.However,theamountoftheaidforthe1991/92
marketingyearforsoyaseedshallbeconfirmedor
replacedwitheffectfrom1September1991totake
accountoftheconsequencesofthemaximumguaranteed
quantityarrangementsforthe1991/92marketingyear.whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
HASADOPTEDTHISREGULATION :
Article1
1.TheamountoftheaidprovidedforinArticle2of
Regulation(EEC)No1491/85shallbeassetoutinthe
Annexhereto.Article2
ThisRegulationshallenterintoforceon1September
1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30August1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof30August1991fixingtheaidforsoyabeans
(ECU/100kg)
Current
period
9First
period
looSecond
period
11(1)Third
period
12(')Fourth
period
1(')Fifth
period
20*
Seedharvested : I
—Spain 20,238 20,182 20,163 20,082 19,681 19,688
—anotherMemberState 20,238 20,182 20,163 20,082 19,681 19,688
(')Amountfixedprovisionally,pendingandsubjecttotheapplicationofthemaximumguaranteedquantityarrangementsforthe1991/92marketingyear,
conformingtotheadjustmentresultingfromthemaximumguaranteedquantityarrangementsappliedforthe1990/91marketingyearforMemberStates
otherthanSpain.