CELEX: 31995R0195
Language: en
Date: 1995-01-31 00:00:00
Title: COMMISSION REGULATION (EC) No 195/95 of 31 January 1995 fixing the aid for cotton

1 . 2. 95                                Official Journal of the European Communities                            No L 24/ 109
                                         COMMISSION REGULATION (EC) No 1 95/95
                                                         of 31 January 1995
                                                     fixing the aid for cotton
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                          cotton seed and in ginned cotton and also the net cost of
                                                                    ginning ;
Having regard to the Treaty establishing the European
Community,
                                                                    Whereas the world market price for ginned cotton and
                                                                     cotton seed is determined in accordance with Article 4 of
                                                                     Regulation (EEC) No 2169/81 ;
Having regard to the Act of Accession of Greece, and in
particular paragraphs 3 and 10 of Protocol 4 on cotton
annexed thereto, as amended by Protocol 14 annexed to
the Act of Accession of Spain and Portugal, and Commis­
                                                                    Whereas, if the world market price for unginned cotton
sion Regulation (EEC) No 4006/87 ('),                                cannot be determined as described above, this price shall
                                                                     be established on the basis of the most recent price deter­
                                                                     mined :
Having regard to Council Regulation (EEC) No 2169/81
of 27 July 1981 laying down the general rules for the
system of aid for cotton (2), as last amended by Regulation
(EEC) No 1554/93 (3), and in particular Article 5 ( 1 )              Whereas the world market price for unginned cotton is
thereof,                                                             equal to the sum of the values for ginned cotton seed
                                                                     defined in Article 1 of Commission Regulation (EEC) No
                                                                     1201 /89 of 3 May 1989, laying down rules implementing
Whereas, pursuant to Article 5 of Regulation (EEC) No                the system of aid cotton Q, as last amended by Regulation
2169/81 , aid must be granted for unginned cotton                    (EEC) No 2046/93 (8), minus the cost of ginning ;
harvested in the Community when the world market
price for unginned cotton is below the guide price ;
                                                                     Whereas the above values are established on the basis of
                                                                     the prices determined in accordance with Articles 2 and 3
Whereas the aid is equal to the difference between these             of Regulation (EEC) No 1201 /89 ; whereas the world
two prices ;                                                         market price is determined on the basis of the most
                                                                     favourable offers and quotations recorded, excluding offers
                                                                     and quotations which cannot be regarded as representa­
Whereas the guide price for unginned cotton has been                 tive of the real market trend ;
fixed for the 1994/95 marketing year by Council Regula­
tion (EC) No 1 876/94 (4) ;
                                                                     Whereas the necessary adjustments must be made in cases
Whereas the abatement of the subsidy which arises from               where the offers and quotations recorded do not satisfy
the system of maximum guaranteed quantities for the                  the requirements indicated above ;
 1994/95 marketing year, has been fixed by Commission
Regulation (EC) No 2150/94 (*), as amended by Regula­
tion (EC) No 3012/94           and set at ECU 23,843 per 100
kg ;                                                                 Whereas, pursuant to Article 4 (4) of Regulation (EEC) No
                                                                     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
Whereas the world market          price for unginned cotton is       rable offers and quotations for cotton seed recorded on
determined periodically on        the basis of the world prices      the Community market or, if those offers and quotations
recorded for ginned cotton        and cotton seed, talking into      cannot be established, on the basis of the value of the
account the estimated yield       of the Community harvest in        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
(2)  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 228,  1 . 9. 1994, p. 31 .                             o OJ No L 123, 4. 5. 1989, p. 23.
(*)  OJ  No L 320,  13. 12. 1994, p. 9.                              (8) OJ No L 185, 28 . 7. 1993, p. 19.
 ---pagebreak--- No L 24/ 110                             Official Journal of the European Communities                                1 . 2 . 9S
Whereas the representative market rates defined in Article         HAS ADOPTED THIS REGULATION :
1 of Council Regulation (EEC) No 3813/92 0, as last
amended by Regulation (EC) No 150/95 (2), are used to
convert amounts expressed in third country currencies
and are used as the basis for determining the agricultural
                                                                                           Article 1
conversion rates of the Member States' currencies ;
whereas detailed rules on the application and determina­
tion of these conversions are laid down in Commission
Regulation (EEC) No 1068/93 (3), as last amended by                The aid for unginned cotton provided for in Article 5 of
Regulation (EC) No 1 57/95 (4) ;                                   Regulation (EEC) No 2169/81 shall be ECU 51,206 per
                                                                   100 kilograms.
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 February 1995.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 31 January 1995.
                                                                            For the Commission
                                                                              Franz FISCHLER
                                                                        Member of the Commission
(') OJ  No L 387, 31 . 12. 1992, p. 1 .
O   OJ  No L 22, 31 . 1 . 1995, p. 1 .
(3) OJ  No L 108, 1 . 5. 1993, p. 106.
(4) See page 1 of this Official Journal.