12.7.95 EN OfficialJournaloftheEuropeanCommunities NoL161/23
COMMISSION REGULATION (EC)No1694/95
of11July1995
fixingtheaidforcottonforthe1995/96marketingyear
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
Community ,
HavingregardtotheActofAccessionofGreece,andin
particularparagraphs3and10ofProtocol4oncotton
annexedthereto,aslastamendedbyCouncilRegulation
(EC)No1553/95(0,accountofbudgetfundingavailablefollowingtheapplica­
tionofthatreduction;whereas,inthesecircumstances ,
theabovementioned amountofaidhasprovisionallybeen
calculatedonthebasisofaprovisionaloverallreduction
ofECU18,284per100kilogramsforGreeceandwithout
reductionforSpain;
WhereasRegulation(EC)No1554/95providesfor
amendmentstothemethodsofdeterminingtheworld
marketpriceofunginnedcottonwhichwillapplytothe
1995/96marketingyear;whereas,pendingtheadoption
bytheCommissionofdetailedrulesofapplicationforthe
implementation ofthatnewmethod,themethodreferred
toinArticle4ofCouncilRegulation(EEC)No
2169/81(%aslastamendedbyRegulation (EC)No
1554/95,shouldbeused,followingtheprocedures
referredtoinCommission Regulation (EC)No
1234/95Q,aslastamendedbyRegulation(EC)No
1583/95(8);whereas,whentheabovementioned detailed
rulesofapplicationhavebeenadoptedtheamountofaid
willhavetobereplacedbyanamountcalculatedin
accordancewiththenewrules,HavingregardtoCouncilRegulation(EC)No1554/95of
29June1995layingdownthegeneralrulesforthe
systemofaidforcottonandrepealingRegulation(EEC)
No2169/81(2),andinparticularArticle5(1)thereof,
WhereaspursuanttoArticle5ofRegulation(EC)No
1554/95,aidmustbegrantedforunginnedcotton
harvestedintheCommunitywhentheworldmarket
priceforunginnedcottonisbelowtheguideprice;
Whereastheaidisequaltothedifferencebetweenthese
twoprices;
Whereastheguidepriceofunginnedcottonforthe
1995/96marketingyearislaiddowninparagraph8of
theabovementioned Protocol4;HASADOPTEDTHISREGULATION :
Article1
1.TheaidforunginnedcottonreferredtoinArticle5
ofRegulation(EC)No1554/95shallbefixedforthe
1995/96marketingyearat:WhereasthethirdsentenceofArticle7(1)ofCommis­
sionRegulation(EEC)No1201/89of3May1989laying
downrulesimplementing thesystemofaidforcottonQ),
aslastamendedbyRegulation (EEC)No2046/93(4),
providesthatanapplicationforaidmaybelodgedfrom1
June1995forthe1995/96marketingyear;whereasthe
aidforthatmarketingyearshouldthereforebefixed;—ECU72,851per100kilogramsforSpain,
—ECU54,567per100kilogramsforGreece.
2.However,theamountoftheaidwillbereplaced
witheffectfrom12July1995totakeaccountofthe
consequencesofthestabilizersystemaswellasanyadap­
tationstotheaidarrangements .Whereas,pursuanttoArticle2(3)and(4)ofCouncil
Regulation(EEC)No1964/87of2July1987adjustedthe
systemofaidforcottonintroducedbyProtocol4and
annexedtotheActofAccessionofGreece(%aslast
amendedbyRegulation(EC)No1553/95,theaidfor
cottonforthe1995/96marketingyearisadjustedbythe
reductionfixedtotakeaccountoftheexpectedoverrunof
themaximumguaranteedquantityandthenational
guaranteedquantitiesfixedinthatArticleandalsotakingArticle2
ThisRegulationshallenterintoforceon12July1995.
(')OJNoL148,30.6.1995,p.45.
(2)OJNoL148,30.6.1995,p.48.
(3)OJNoL123,4.5.1989,p.23.
(«)OJNoL185,28.7.1993,p.19.
Is)OJNoL184,3.7.1987,p.14.(*)OJNoL211,31.7.1981,p.2.0OJNoL121,1.6.1995,p.21.
(8)OJNoL150,1.7.1995,p.79.

NoL161/24|EN OfficialJournaloftheEuropeanCommunities 12.7.95
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,11July1995.
FortheCommission
FranzFISCHLER
MemberoftheCommission