Commission Regulation (EC) No 1092/2005 of 12 July 2005 suspending the system of advances of aid to compensate for loss of income from marketing in the banana sector in respect of 2005
Date: 2005-07-12
Institutions: European Commission
Subjects: EU production, aid system, financial loss, marketing, monetary compensatory amount, suspension of aid, tropical fruit

13.7.2005

EN

Official Journal of the European Union

L 182/5

COMMISSION REGULATION (EC) No 1092/2005

of 12 July 2005

suspending the system of advances of aid to compensate for loss of income from marketing in the
banana sector in respect of 2005

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty
Community,

establishing the European

producers to repay advances, the application of rules on
the submission of applications for advances and on the
payment of such advances laid down by Regulation (EEC)
No 1858/93 should be suspended. The payment of
advances for bananas marketed after 30 April 2005
and
should
accordingly be suspended.

submission of new applications

the

Having regard to Council Regulation (EEC) No 404/93 of 13
February 1993 on the common organisation of the market in
bananas (1), and in particular Article 14 thereof,

(4)

This Regulation should therefore apply from 1 July 2005.

Whereas:

(5)

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

(1)

(2)

(3)

lay down rules applicable

Articles 4, 5 and 7 of Commission Regulation (EEC)
No 1858/93 (2),
to the
submission of applications for advances under the aid
scheme
from
for
marketing in the banana sector provided for in Article
12 of Regulation (EEC) No 404/93.

to compensate

loss of

income

Prices in the Community production regions are much
than those in the corresponding period in
higher
previous years, and remain at a relatively high level. If
this situation continues, compensatory aid for 2005 will
be fixed, in due course, at a level far below the amounts
fixed in respect of previous years. As a result, producers
will be required to reimburse a large proportion of the
amounts received in the form of advances. A substantial
reduction in the unit value of the advances fixed by
Commission Regulation (EC) No 703/2005 of 4 May
2005 fixing
bananas
compensatory
produced and marketed in the Community in 2004
and the unit value of the advances for 2005 (3) will
not remedy the consequences of such a situation.

the

aid

for

In order
the
Community and to avoid the subsequent obligation on

to preserve the financial

interests of

HAS ADOPTED THIS REGULATION:

Article 1

The submission of applications for advances on the compen-
satory aid provided for in Articles 4, 5 and 7 of Regulation
(EEC) No 1858/93 in respect of 2005 is hereby suspended.

Article 2

Notwithstanding Article 10 of Regulation (EEC) No 1858/93,
no advances on the compensatory aid will be paid for bananas
marketed after 30 April 2005.

Article 3

This Regulation shall enter into force on the day of its publi-
cation in the Official Journal of the European Union.

(1) OJ L 47, 25.2.1993, p. 1. Regulation as last amended by the 2003

Act of Accession.

(2) OJ L 170, 13.7.1993, p. 5. Regulation as last amended by Regu-

lation (EC) No 789/2005 (OJ L 132, 26.5.2005, p. 13).

(3) OJ L 118, 5.5.2005, p. 12.

It shall apply from 1 July 2005.

L 182/6

EN

Official Journal of the European Union

13.7.2005

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

Done at Brussels, 12 July 2005.

For the Commission

Mariann FISCHER BOEL
Member of the Commission