CELEX: 31985R2469
Language: en
Date: 1985-08-31 00:00:00
Title: Commission Regulation (EEC) No 2469/85 of 30 August 1985 fixing the aid for soya beans

No L 234/42                            Official Journal of the European Communities                             31 . 8 . 85
                                    COMMISSION REGULATION (EEC) No 2469/85
                                                       of 30 August 1985
                                                 fixing the aid for soya beans
  THE COMMISSION OF THE EUROPEAN                                   Whereas, where the offers and quotations do not
  COMMUNITIES,                                                      comply with the said conditions, the necessary adjust­
                                                                    ments must be carried out, particularly those referred
                                                                    to in Article 2 of Regulation (EEC) No 2329/85 ;
  Having regard to the Treaty establishing the European
  Economic Community,
                                                                   Whereas, if the said system is to operate normally, aid
                                                                   should be calculated on the following basis :
  Having regard to Council Regulation (EEC) No
  1491 /85 of 23 May 1985 laying down special measures             — in the case of currencies which are maintained in
  in respect of soya beans ('), and in particular Article 2             relation to each other at any given moment within
 (7) thereof,                                                           a band of 2,25 % , a rate of exchange based on
                                                                        their central rate, multiplied by the coefficient
                                                                        provided for in Article 2b (2) of Regulation (EEC)
  Having regard to the opinion of the Monetary                          No 974/71 (*), as last amended by Regulation (EEC)
  Committee,
                                                                        No 855/84 (%
                                                                   — for other currencies, an exchange rate based on the
 Whereas, pursuant to Article 2 ( 1 ) of Regulation (EEC)              arithmetic mean of the spot market rates of each of
 No 1491 /85, aid is to be granted for soya beans                      these currencies recorded over a given period in
 harvested within the Community where the guide                        relation to the Community currencies referred to
 price for a marketing year exceeds the world price ;                  in the previous indent, and the aforesaid coeffi­
 whereas the said aid is to be equal to the difference                 cient ;
 between those two prices ;
                                                                   Whereas the aid rate applying during the marketing
 Whereas the guide price for soya beans for the                    year shall be fixed twice a month in time to be applied
  1985/86 marketing year was fi^ed by Council Regula­              from the first and the 1 6th day of each month ;
 tion (EEC) No 1492/85 of 23 May 1985 (2);
                                                                   Whereas it follows from applying these provisions to
                                                                   the offers and quotations known to the Commission
 Whereas, pursuant to Council Regulation (EEC) No                  that the subsidy on soya beans should be as set out in
 2194/85 of 25 July 1985 adopting general rules                    this Regulation,
 concerning special measures for soya beans (3), the
 world price for soya beans is to be determined on the
 basis of the most favourable actual purchasing possibi­
 lity, with the exception of offers and prices which may
 not be considered as representative of the actual                 HAS ADOPTED THIS REGULATION :
 market trend ; whereas acccount is to be taken of
 offers made on the world market as well as the prices
 quoted on exchanges which are important in terms of
 international trade ;                                                                      Article 1
Whereas, pursuant to Commission Regulation (EEC)
                                                                   The aid referred to in Article 2 of Regulation (EEC)
                                                                   No 1491 /85 is hereby fixed at 33,514 ECU per 100
 No 2329/85 of 12 August 1985 laying down detailed
                                                                   kilograms.
rules for the application of the special measures for
soya beans (4), the world market price is to be fixed per
 100 kilograms and calculated on the basis of the most
favourable offers and quotations for delivery within 30                                     Article 2
days following the date when the said offers and
quotations were recorded ;
                                                                  This Regulation shall enter into force on 1 September
                                                                   1985.
(') OJ  No   L 151 , 10. 6. 1985, p. 15.
(2) OJ  No   L 151 , 10. 6. 1985, p. 17.
0   OJ  No   L 204,  2. 8 . 1985, p. 1 .                          0 OJ No L 106, 12. 5. 1971 , p. 1 .
(4) OJ  No   L 218 , 15. 8 . 1985, p. 16.                         ¥) OJ No L 90, 1 . 4. 1984, p. 1 .
 ---pagebreak--- 31 . 8 . 85                    Official Journal of the European Communities                      No L 234/43
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 30 August 1985.
                                                                   For the Commission
                                                                    Frans ANDRIESSEN
                                                                       Vice-President