NoL22/40 OfficialJournaloftheEuropeanCommunities 30.1.82
COMMISSION REGULATION (EEC)No224/82
of29January1982
fixingtheaidforcotton
quotationswhichcannotberegardedasrepresentative
oftherealmarkettrend;
Whereasforthe1981/82marketingyeartheoffersand
quotationsareincreasedbythosecustomsduties
appliedinGreecewhenimportingfromotherMember
States;
Whereasthenecessaryadjustmentsmustbemadein
caseswheretheoffersandquotationsrecordeddonot
satisfytherequirementsindicatedabove;
Whereas,underArticle4(4)ofRegulation(EEC)No
2169/81,iftherearenosuitableoffersorquotations
fordeterminingtheworldmarketpriceforcotton
seed,thispriceistobeestablishedonthebasisofthe
valueoftheproductsobtainedfromtheprocessingof
thoseseeds,lessthecostofcrushing;whereasthis
valueisdeterminedinaccordancewithArticle4of
Regulation (EEC)No2183/81;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theircentralrate,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastheaidmustbefixedonceamonth,andin
suchawaythatitcanbeappliedfromthefirstdayof
themonthfollowingthedateoffixing;whereasit
maybealteredbetweenfixings;
Whereasitfollowsfromapplyingtheseprovisionsto
theoffersandquotationsknowntotheCommission
thattheaidforcottonshouldbeassetoutinthis
Regulation,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofGreece,and
inparticularparagraphs3and10ofProtocol4thereto,
HavingregardtoCouncilRegulation (EEC)No
2169/81of27July1981layingdownthegeneralrules
forthesystemofaidforcotton('),andinparticular
Article5(1)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereas,underArticle5ofRegulation (EEC)No
2169/81,aidmustbegrantedforunginnedcotton
harvestedintheCommunitywhentheworldmarket
priceforunginnedcottonisbelowtheguideprice;
Whereastheaidisequaltothedifferencebetween
thesetwoprices;
Whereastheguidepriceforthe1981/82marketing
yearwasfixedbyRegulation (EEC)No2168/81(2);
Whereastheworldmarketpriceforunginnedcotton
isdeterminedperiodicallyonthebasisoftheworld
marketpricesrecordedforginnedcottonandcotton
seed,takingintoaccounttheestimatedyieldofthe
Communityharvestincottonseedandinginned
cottonandalsothenetcostofginning;
Whereastheworldmarketpriceforginnedcottonand
cottonseedisdeterminedinaccordancewithArticle4
ofRegulation (EEC)No2169/81;
Whereas,iftheworldmarketpriceforunginned
cottoncannotbedeterminedasdescribedabove,this
priceshallbeestablishedonthebasisofthemost
recentpricedetermined ;
Whereastheabovevaluesareestablishedonthebasis
ofthepricesdeterminedinaccordancewithArticles2,
3and4ofCommissionRegulation (EEC)No2183/81
of30July1981layingdownrulesimplementing the
systemofaidforcotton(');whereastheworldmarket
priceisdeterminedonthebasisofthemostfavourable
offersandquotationsrecorded,excludingoffersandHASADOPTEDTHISREGULATION :
Article1
TheaidforunginnedcottonreferredtoinArticle5of
Regulation (EEC)No2169/81shallbe31-225ECU
per100kilograms .
Article2
(')OJNoL211,31.7.1981,p.2.
(2)OJNoL211,31.7.1981,p.1.
0OJNoL211,31.7.1971,p.35.ThisRegulationshallenterintoforceon1February
1982.

30.1.82 OfficialJournaloftheEuropeanCommunities NoL22/41
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29January1982.
FortheCommission
PoulDALSAGER
MemberoftheCommission