CELEX: 31994R2141
Language: en
Date: 1994-09-01 00:00:00
Title: Commission Regulation (EC) No 2141/94 of 31 August 1994 fixing the aid for cotton

1 . 9. 94                                  Official Journal of the European Communities                           No L 228/ 11
                                          COMMISSION REGULATION (EC) No 2141 /94
                                                           of 31 August 1994
                                                       fixing the aid for cotton
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                           Whereas the world market price for unginned cotton is
                                                                      determined periodically on the basis of the world prices
                                                                      recorded for ginned cotton and cotton seed, talking into
 Having regard to the Treaty establishing the European                account the estimated yield of the Community harvest in
 Community,                                                           cotton seed and in ginned cotton and also the net cost of
                                                                      ginning ;
 Having regard to the Act of Accession of Greece, and in
particular paragraphs 3 and 10 of Protocol 4 on cotton                Whereas the world market price for ginned cotton and
annexed thereto, as amended by Protocol 14 annexed to                 cotton seed is determined in accordance with Article 4 of
the Act of Accession of Spain and Portugal, and Commis­               Regulation (EEC) No 2169/81 ;
sion Regulation (EEC) No 4006/87 ('),
                                                                      Whereas, if the world market price for unginned cotton
Having regard to Council Regulation (EEC) No 2169/81                  cannot be determined as described above, this price shall
of 27 July 1981 laying down the general rules for the                 be established on the basis of the most recent price deter­
system of aid for cotton (2), as last amended by Regulation           mined ;
(EEC) No 1554/93 (3), and in particular Article 5 ( 1 )
thereof,
                                                                      Whereas the world market price for unginned cotton is
                                                                      equal to the sum of the values for ginned cotton seed
Whereas,    pursuant to Article 5 of Regulation (EEC) No
                                                                      defined in Article 1 of Commission Regulation (EEC) No
2169/81 ,   aid must be granted for unginned cotton
                                                                      1201 /89 of 3 May 1989, laying down rules implementing
harvested    in the Community when the world market
                                                                      the system of aid cotton Q, as last amended by Regulation
price for   unginned cotton is below the guide price ;
                                                                      (EEC) No 2046/93 (8), minus the cost of ginning ;
Whereas the aid is equal to the difference between these
                                                                      Whereas the above values are established on the basis of
two prices ;
                                                                      the prices determined in accordance with Articles 2 and 3
                                                                      of Regulation (EEC) No 1201 /89 ; whereas the world
                                                                      market price is determined on the basis of the most
Whereas the guide price for unginned cotton has been                  favourable offers and quotations recorded, excluding offers
fixed for the 1994/95 marketing year by Council Regula­               and quotations which cannot be regarded as representa­
tion (EC) No 1 876/94 (4);                                            tive of the real market trend :
Whereas the reduction in the amount of the aid resulting
from the maximum guaranteed quantity system for the                   Whereas the necessary adjustments must be made in cases
1994/ 1995 marketing year has been fixed provisionally at             where the offers and quotations recorded do not satisfy
ECU 25,365 per 100 kilograms, pursuant to the second                  the requirements indicated above ;
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 amended by Regulation (EEC) No                    Whereas, pursuant to Article 4 (4) of Regulation (EEC) No
 1 553/93 (^ ; whereas the Council has recently undertaken            2169/81 , if there are no suitable offers or quotations for
to reduce the maximum percentage aid reduction laid                   determing the world market price for cotton seed, that
down in Regulation (EEC) No 1964/87 ; whereas, pending                price shall be established on the basis of the most favou­
formal amendment of the maximum percentage aid                        rable offers and quotations for cotton seed recorded on
reduction, the reduction for 1994/ 1995 should be fixed               the Community market or, if those offers and quotations
provisionally on the basis of the existing maximum                    cannot be established, on the basis of the value of the
percentage reduction ;                                                products obtained from processing the seed in the
                                                                      Community, less the processing cost ; whereas this value
(»)  OJ No  L  377,  31 . 12. 1987, p. 49 .                           is determined in accordance with Article 4 of Regulation
0    OJ No  L  211 , 31 . 7. 1981 , p. 2.                             (EEC) No 1201 /89 ;
(3)  OJ No  L  154,  25. 6. 1993, p. 23 .
(4)  OJ No  L  197,  30. 7. 1994, p. 17.
0    OJ No  L  184,  3. 7. 1987, p. 14.                               0 OJ No L 123 , 4. 5. 1989, p. 23.
 4 OJ No L 154, 25. 6. 1993, p. 21 .                                  (8) OJ No L 185, 28 . 7. 1993, p. 19.
 ---pagebreak---  No L 228/ 12                             Official Journal of the European Communities                              1 . 9 . 94
 Whereas the representative market rates defined , in Article       HAS ADOPTED THIS REGULATION :
 1 of Council Regulation (EEC) No 3813/92 ('), as
 amended by Regulation (EC) No 3528/93 (2), are used to
                                                                                            Article 1
 convert amounts expressed in third country currencies
 and are used as the basis for determining the agricultural
 conversion rates of the Member States' currencies ;                1 . The aid for unginned cotton provided for in Article
 whereas detailed rules on the application and determina­           5 of Regulation (EEC) No 2169/81 shall be ECU 50,274
 tion of these conversions are laid down in Commission              per 100 kilograms.
 Regulation (EEC) No 1068/93 (3), as amended by Regula­
 tion (EC) No 547/94 (4) ;                                          2. However, the amount of the aid will be replaced
                                                                    with effect from 1 September 1994 to take account of the
 Whereas the aid must be fixed once a month, and in such            amendments to be made to the maximum guaranteed
 a way that it can be applied for the first day of the month        quantity system.
 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             This Regulation shall enter into force on 1 September
 aid for cotton should be as set out in this Regulation,            1994.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 31 August 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.
0   OJ  No L  69, 12. 3. 1994, p.   1.