Commission Regulation (EC) No 2575/1999 of 6 December 1999 on the payment of an additional advance on compensatory aid in the banana sector for 1999
Date: 1999-12-06
Institutions: European Commission
Subjects: EU production, aid system, marketing, monetary compensatory amount, production aid, tropical fruit

L 313/6

EN

Official Journal of the European Communities

7. 12. 1999

COMMISSION REGULATION (EC) No 2575/1999

of 6 December 1999

on the payment of an additional advance on compensatory aid in the banana sector for 1999

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EEC) No 404/93 of 13
February 1993 on the common organisation of the market in
bananas (1), as last amended by Regulation (EC) No 1257/
1999 (2), and in particular Article 14 thereof,

Whereas:

(1)

(2)

(3)

Commission Regulation (EEC) No 1858/93 (3), as last
amended by Regulation (EC) No 1467/1999 (4),
lays
down detailed rules for applying Regulation (EC) No
404/93 as regards the system of compensatory aid for
loss of income from the marketing of bananas. Article 4
of
that Regulation lays down the conditions under
which advances on the compensatory aid are paid;

Commission Regulation (EC) No 1063/1999 of 21 May
1999 fixing the compensatory aid for bananas produced
and marketed in the Community in 1998, the time limit
for payment of the balance of the aid and the unit value
of the advances for 1999 (5) fixes the unit value of each
advance in respect of the aid yet to be determined for
1999 at EUR 18,34 per 100 kilograms;

to take account of the difficult financial situation in
which Community banana producers find themselves
because of an appreciable worsening of the Community
market, provision should be made to pay a top-up to the
advances paid for
the quantities marketed in the
Community between 1 January and 31 October 1999,
without prejudice to the level of compensatory aid yet to
be fixed pursuant to Article 12 of Regulation (EC) No
404/93 and the provisions of Regulation (EEC) No

1858/93. This additional payment should be made
conditional on the lodgement of a security in accordance
with Regulation (EEC) No 1858/93;

(4)

the measures provided for in this Regulation are in
accordance with the opinion of
the Management
Committee for Bananas,

HAS ADOPTED THIS REGULATION:

Article 1

The producer Member States shall pay in respect of 1999 an
additional advance on the compensatory aid provided for in
Article 12 of Regulation (EEC) No 404/93 of EUR 6,55 per
100 kilograms,
for quantities marketed in the Community
between 1 January and 31 October 1999.

The additional advance shall be paid on marketed quantities for
which applications for compensatory aid have been made in
respect of 1999.

The application for payment of the additional advance shall be
accompanied by proof that a security of EUR 3,27 per 100
kilograms has been lodged.

Payment shall be made within two months of the entry into
force of this Regulation.

Article 2

into force on the third day
This Regulation shall enter
following its publication in the Official Journal of the European
Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 6 December 1999.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 47, 25.2.1993, p. 1.
(2) OJ L 160, 26.6.1999, p. 80.
(3) OJ L 170, 13.7.1993, p. 5.
(4) OJ L 170, 6.7.1999, p. 7.
(5) OJ L 129, 22.5.1999, p. 25.