CELEX: 31994R1246
Language: en
Date: 1994-06-01 00:00:00
Title: Commission Regulation (EC) No 1246/94 of 31 May 1994 fixing the aid for cotton

No L 137/24                               Official Journal of the European Communities                                 1 . 6. 94
                                          COMMISSION REGULATION (EC) No 1246/94
                                                            of 31 May 1994
                                                       fixing the aid for cotton
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                          Whereas, pursuant to the second subparagraph of Article
                                                                      2 (2) of Council Regulation (EEC) No 1964/87 of 2 July
                                                                      1987 adjusting the system of aid for cotton (*), as last
 Having regard to the Treaty establishing the European                amended by Regulation (EEC) No 1553/93 Q, the aid for
 Community,                                                           cotton for the 1994/95 marketing year is reduced by ECU
                                                                      5,073/ 100 kilograms as fixed by Commission Regulation
                                                                      (EEC) No 2420/93 (8) and by the reduction fixed to take
 Having regard to the Act of Accession of Greece, and in              account of the expected overrun of the maximum guaran­
 particular paragraphs 3 and 10 of Protocol 4 on cotton               teed quantity fixed by the second subparagraph of Article
 annexed thereto, as amended by Protocol 14 annexed to                2 (1) of Regulation (EEC) No 1964/87 ; whereas, in these
 the Act of Accession of Spain and Portugal, and Commis­              circumstances, the amount of the aid has been provisio­
 sion Regulation (EEC) No 4006/87 ('),                                nally calculated on the basis of an overall provisional
                                                                      reduction of ECU 25,365/ 100 kilograms ;
 Having regard to Council Regulation (EEC) No 2169/81
of 27 July 1981 laying down the general rules for the                 Whereas the world market price for unginned cotton is
system of aid for cotton (2), as last amended by Regulation           determined periodically on the basis of the world prices
(EEC) No 1 554/93 (3), and in particular Article 5 (1)                recorded for ginned cotton and cotton seed, talking into
thereof,                                                              account the estimated yield of the Community harvest in
                                                                      cotton seed and in ginned cotton and also the net cost of
                                                                      ginning ;
Whereas,    pursuant to Article 5 of Regulation (EEC) No
2169/81 ,   aid must be granted for unginned cotton
 harvested   in the Community when the world market                   Whereas the world market price for ginned cotton and
 price for unginned cotton is below the guide price ;                 cotton seed is determined in accordance with Article 4 of
                                                                      Regulation (EEC) No 2169/81 ;
Whereas the aid is equal to the difference between these
 two prices ;                                                         Whereas, if the world market price for unginned cotton
                                                                      cannot be determined as described above, this price shall
                                                                      be established on the basis of the most recent price deter­
Whereas the second sentence of Article 7 (1 ) of Commis­              mined ;
sion Regulation (EEC) No 1201 /89 of 3 May 1989 laying
down rules implementing the system of aid for cotton (4),
as last amended by Regulation (EEC) No 2046/93 (*),                   Whereas the world market price for unginned cotton is
stipulates that aid applications may be lodged during May             equal to the sum of the values for ginned cotton seed
and July 1994 for both the 1993/94 and 1994/95 mar­                   defined in Article 1 of Regulation (EEC) No 1201 /89,
keting years ; whereas the aid valid for the two marketing            minus the cost of beginning ;
years in question should therefore be fixed during those
months :
                                                                      Whereas the above values are established on the basis of
                                                                      the prices determined in accordance with Articles 2 and 3
Whereas in the absence of a guide price for cotton valid              of Regulation (EEC) No 1201 /89 ; whereas the world
for the 1994/95 marketing year, the amount of aid to be               market price is detrmined on the basis of the most favou­
granted where it is fixed in advance for that marketing               rable offers and quotations recorded, excluding offers and
year can be fixed only provisionally on the basis of the              quotations which cannot be regarded as representative of
 Commission's most recent price proposals to the Council              the real market trend ;
 for the 1994/95 marketing year ; whereas this amount
must therefore be applied provisionally only, and must be
confirmed or replaced as soon as the price for 1994/95
marketing year is known ;                                             Whereas the necessary adjustments must be made in cases
                                                                      where the offers and quotations recorded do not satisfy
                                                                      the requirements indicated above ;
(') OJ No   L  377,  31 . 12. 1987, p. 49.
(2) OJ No   L  211 , 31 . 7. 1981 , p. 2.
0   OJ No   L  154,  25. 6. 1993, p. 23.                              («) OJ No L 184, 3. 7. 1987, p. 14.
(4) OJ No   L  123,  4. 5. 1989, p. 23.                               o OJ No L 154, 25 . 6. 1993, p. 21 .
0   OJ No   L  185,  28. 7. 1993, p. 19.                              (8 OJ No L 222, 1 . 9. 1993, p. 37.
 ---pagebreak---   1 . 6. 94                            Official Journal of the European Communities                           No L 137/25
 Whereas, pursuant to Article 4 (4) of Regulation (EEC) No       HAS ADOPTED THIS REGULATION :
 2169/81 , if there are no suitable offers or quotations for
 determing the world market price for cotton seed, that
 price shall be established on the basis of the most favou­
 rable offers and quotations for cotton seed recorded on
                                                                                         Article 1
 the Community market or, if those offers and quotations
 cannot be established, on the basis of the value of the
 products obtained from processing the seed in the
 Community, less the processing cost ; whereas this value        1 . The aid for unginned cotton provided for in Article
 is determined in accordance with Article 4 of Regulation        5 of Regulation (EEC) No 2169/81 shall be :
 (EEC) No 1201 /89 ;
                                                                 — ECU 48,364 per 100 kilograms for the 1993/94
 Whereas the representative market rates defined in Article          marketing year,
 1 of Council Regulation (EEC) No 3813/92 ('), as
 amended by Regulation (EC) No 3528/93 (2), are used to          — ECU 45,308 per 100 kilograms for the 1994/95
 convert amounts expressed in third country currencies               marketing year.
 and are used as the basis for determining the agricultural
 conversion rates of the Member States' currencies ;
whereas detailed rules on the application and determina­         2.   However, the amount of the aid for 1994/95 shall be
 tion of these conversions are laid down in Commission           confirmed or replaced with effect from 1 June 1994 to
 Regulation (EEC) No 1068/93 (3), as amended by Regula­          take account of the guide price for cotton or that
 tion (EC) No 547/94 (4);                                        marketing year and the consequences of the system of
                                                                 maximum guaranteed quantities.
 Whereas the aid must be fixed once a month, and in such
 a way that it can be applied for the first day of the month
 following the date of fixing ; whereas it may be altered
 between fixings ;
                                                                                         Article 2
Whereas it follows from applying these provisions to the
 offers and quotations known to the Commission that the
 aid for cotton should be as set out in this Regulation,         This Regulation shall enter into force on 1 June 1994.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 31 May 1994.
                                                                         For the Commission
                                                                            Rene STEICHEN
                                                                      Member of the Commission
(■) OJ No L 387, 31 . 12. 1992, p. 1 .
(2) OJ No L 320, 22. 12. 1993, p. 32.
0 OJ No L 108, 1 . 5. 1993, p. 106.
(4) OJ No L 69, 12. 3. 1994, p. 1 .