CELEX: 31991R1885
Language: en
Date: 1991-06-29 00:00:00
Title: Commission Regulation (EEC) No 1885/91 of 28 June 1991 fixing the aid for soya beans

No L 168 /86                              Official Journal of the European Communities                                   29 . 6. 91
                                       COMMISSION REGULATION (EEC) No 1885/91
                                                         of 28 June 1991
                                                  fixing the aid for soya beans
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         granted is fixed in advance, the amount of such subsidy
                                                                    must be equal to the amount applicable on the day on
Having regard to the Treaty establishing the European               which the application for advance fixing was lodged,
Economic Community,                                                 adjusted by the difference between the target price valid
                                                                    on that day and the target price valid on the identification
Having regard to the Act of Accession of Spain and
Portugal,
                                                                    day ; whereas such adjustment should involve increasing
                                                                    or reducing the amount of subsidy applicable on the day
Having regard to Council Regulation (EEC) No 1491 /85               on which the application was lodged by the corrective
of 23 May 1985 laying down special measures in respect              amount and the difference between the target prices
of soya beans ('), as last amended by Regulation (EEC) No           mentioned in Article 33 of Commission Regulation (EEC)
1724/91 (2), and in particular Article 2 (7) thereof,               No 2537/89 of 8 August 1989 laying down detailed rules
                                                                    for the application of the special measure for soya
Having regard to the opinion of the Monetary Committee,             beans (8), as last amended by Regulation (EEC) No
                                                                    2427/90 (9) ;
Whereas, pursuant to Article 2 ( 1 ) of Regulation (EEC) No
1491 /85, aid is to be granted for soya beans harvested             Whereas, pursuant to Regulation (EEC) No 2537/89, the
within the Community where the guide price for a                    world market price is to be fixed per 100 kilograms and
marketing year exceeds the world price ; whereas the said           calculated on the basis of the most favourable offers and
aid is to be equal to the difference between those two              quotations for delivery within 30 days following the date
prices ;                                                            when the said offers and quotations were recorded ;
Whereas the guide price for soya beans for the 1990/91              Whereas, where the offers and quotations do not comply
marketing year was fixed by Council Regulation (EEC)                with the said conditions, the necessary adjustments must
No 1319/90 (3) ; whereas, pursuant to Articles 95 and 293           be carried out, particularly those referred to in Article 40
of the Act of Accession of Spain and Portugal, aid for soya         of Regulation (EEC) No 2537/89 ;
beans harvested in these two Member States is to be
calculated in accordance with the provisions of paragraphs          Whereas the abatement of the subsidy for soya seed
2 and 3 of the said Articles ;                                      which arises, where appropriate, from the system of
Whereas the guide price for soya beans was fixed for the             maximum guaranteed quantities for the 1990/91 market­
1991 /92 marketing year by Council Regulation (EEC) No               ing year, has been fixed by Commission Regulation (EEC)
1726/91 (4);                                                         No 3217/90 (10);
Whereas the prices fixed by the Council for the 1990/91             Whereas, owing to the lack of the adjustment in the rate
marketing year are to be reduced in accordance with                  of aid for soya seed resulting from the maximum guaran­
Commission Regulation (EEC) No 1756/90 of 27 June                    teed quantity arrangements for the 1991 /92 marketing
1990 establishing the guide price fixed in ecus by the              year, the rate of the aid for this marketing year has only
Council in the soya bean sector and reduced as a result of           been able to be calculated provisionally on the basis of
the monetary realignment of 5 January 1990 (5);                      the abatement for the 1990/91 marketing year ; whereas
                                                                     this amount should therefore only be applied provisio­
Whereas, pursuant to Council Regulation (EEC) No                     nally and should be confirmed or replaced once the
2194/85 of 25 July 1985 adopting general rules con­                  consequences of the maximum guaranteed quantity arran­
cerning special measures for soya beans (6), as last                gements are known ;
amended by Regulation (EEC) No 1231 /89 Q, the world
price for soya beans is to be determined on the basis of            Whereas, if the said system is to operate normally, aid
the most favourable actual purchasing possibility, with the          should be calculated on the following basis :
exception of offers and prices which may not be con­                — in the case of currencies which are maintained in rela­
sidered as representative of the actual market trend ;
whereas account is to be taken of offers made on the                      tion to each other at any given moment within a band
world market as well as the prices quoted on exchanges                    of 2,25 % , a rate of exchange based on their central
which are important in terms of international trade ;                     rate, multiplied by the corrective factor provided for in
whereas, under that Regulation, where the subsidy to be                   the last paragraph of Article 3 (1 ) of Council Regula­
                                                                          tion (EEC) No 1676/85 ("), as last amended by Regu­
                                                                          lation (EEC) No 2205/90 (12),
(') OJ No  L  151 , 10. 6. 1985, p. 15.
(2) OJ No  L  162,  26. 6. 1991 , p. 35.
0   OJ No  L  132,  23 . 5. 1990, p. 13 .                           (8) OJ    No L 245, 22. 8 .   1989, p. 8 .
(4) OJ No  L  162,  26. 6. 1991 , p. 39 .                           O OJ      No L 228 , 22. 8 .  1990, p. 15.
0   OJ No  L  162,  28 . 6. 1990, p. 19 .                           H OJ      No  L 308, 8 . 11 .  1990, p. 19
(6) OJ No  L  204,  2. 8 . 1985, p. 1 .                             (") OJ    No  L 164, 24. 6.    1985, p. 1 .
0   OJ No  L  128,  11 . 5. 1989, p. 24.                              12) OJ  No  L 201 , 31 . 7.  1990, p. 9 .
 ---pagebreak--- 29 . 6. 91                                   Official Journal of the European Communities                                             No L 168 / 87
— for the other currencies, an exchange rate based on an                        HAS ADOPTED THIS REGULATION :
     average of the ecus rates published in the 'C' series of
     the Official Journal of the European Communities                                                          Article 1
     over a period to be determined, multiplied by the
     factor referred to in the preceding indent ;                                1 . The amount of the aid provided for in Article 2 of
                                                                                Regulation (EEC) No 1491 /85 shall be as set out in the
                                                                                Annex hereto.
Whereas the aid shall be fixed as often as the market situ­
ation so requires and so that it can be applied at least                        2.    However, the amount of the aid for the 1991 /92
twice a month, one of which times shall be from the first                       marketing year for soya seed shall be confirmed or
day of each month ;                                                             replaced with effect from 1 July 1991 to take account of
                                                                                the consequences of the maximum guaranteed quantity
                                                                                arrangements for the 1991 /92 marketing year.
Whereas it follows from applying these provisions to the
offers and quotations known to the Commission that the                                                         Article 2
subsidy on soya beans should be as set out in this Regula­
tion,                                                                           This Regulation shall enter into force on 1 July 1991 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 28 June 1991 .
                                                                                          For the Commission
                                                                                            Ray MAC SHARRY
                                                                                     Member of the Commission
                                                                        ANNEX
                          to the Commission Regulation of 28 June 1991 fixing the aid for soya beans
                                                                                                                                          (ECU/100 kg)
                                                 Current              First          Second            Third             Fourth              Fifth
                                                  period             period          period           period             period             period
                                                     7                  8               9               10 (')            11 (1)             12 (')
Seed harvested :
— Spain                                           15,498             15,475          16,273           16,461             16,427            16,469
— another Member State                           21,042              21,019          20,087           20,275             20,241            20,283
(') Amount fixed provisionally, pending and subject to the application of the maximum guaranteed quantity arrangements for the 1991 /92. marketing year,
    conforming to the adjustment resulting from the maximum guaranteed quantity arrangements applied for the 1990/91 marketing year.