CELEX: 31989R3305
Language: en
Date: 1989-11-01 00:00:00
Title: Commission Regulation (EEC) No 3305/89 of 31 October 1989 fixing the aid for soya beans

No L 320/64                               Official Journal of the European Communities                                  1 . 11 . 89
                                        COMMISSION REGULATION (EEC) No 3305/89
                                                        of 31 October 1989
                                                  fixing die aid for soya beans
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         favourable actual purchasing possibility, with the excep­
                                                                    tion of offers and prices which may not be considered as
                                                                    representative of the actual market trend ; whereas
Having regard to the Treaty establishing the European               account is to be taken of offers made on the world market
Economic Community,                                                 as well as the prices quoted on exchanges which are
                                                                    important in terms of international trade ; whereas, under
Having regard to the Act of Accession of Spain and                  that Regulation, where the subsidy to be granted is fixed
Portugal,                                                           in advance, the amount of such subsidy must be equal to
                                                                    the amount applicable on the day on which the applica­
                                                                    tion for advance fixing was lodged, adjusted by the diffe­
Having regard to Council Regulation (EEC) No 1491 /85               rence between the target price valid on that day and the
of 23 May 1985 laying down special measures in respect              target price valid on the identification day ; whereas such
of soya beans ('), as last amended by Regulation (EEC) No           adjustment should involve increasing or reducing the
2217/88 (2), and in particular Article 2 (7) thereof,               amount of subsidy applicable on the day on which the
                                                                    application was lodged by the corrective amount and the
Having regard to Council Regulation (EEC) No 2286/88                difference between the target prices mentioned in Article
of 19 July 1988 providing for the granting of special aid           33 of Commission Regulation (EEC) No 2537/89 of 8
for soya beans produced and processed in Portugal (3),              August 1989 laying down detailed rules for the applica­
                                                                    tion of the special measure for soya beans f) ;
Having regard to the opinion of the Monetary Committee,
                                                                    Whereas, pursuant to Regulation (EEC) No 2537/89, the
Whereas, pursuant to Article 2 (1 ) of Regulation (EEC) No          world market price is to be fixed per 100 kilograms and
1491 /85, aid is to be granted for soya beans harvested             calculated on the basis of the most favourable offers and
within the Community where the guide price for a                    quotations for delivery within 30 days following the date
marketing year exceeds the world price ; whereas the said           when the said offers and quotations were recorded ;
aid is to be equal to the difference between those two
prices ;
                                                                    Whereas, where the offers and quotations do not comply
Whereas the guide price for soya beans for the 1989/90              with the said conditions, the necessary adjustments must
marketing year was fixed by Council Regulation (EEC)                be carried out, particularly those referred to in Article 40
No 1 232/89 (4) ; whereas, pursuant to Articles 95 (2) and          of Regulation (EEC) No 2537/89 ;
293 (2) of the Act of Accession of Spain and Portugal, aid
for soya beans harvested in these two Member States is to
be introduced in accordance with the provisions of para­            Whereas the abatement of the subsidy for soya beans
graphs 2 and 3 of the said Articles from the beginning of           which arises from the system of maximum guaranteed
the 1986/87 marketing year ;                                        quantities for the 1989/90 marketing year has been fixed
                                                                    by Commission Regulation (EEC) No 3303/89 (8) ;
Whereas, pursuant to Article of Regulation (EEC) No
2286/88, soya beans produced and processed in Portugal
shall be eligible for special aid equal to the difference           Whereas, if the said system is to operate normally, aid
between the guide price for such beans in Portugal and              should be calculated on the following basis :
the price of imported soya beans ;
                                                                    — in the case of currencies which are maintained in rela­
Whereas, pursuant to Council Regulation (EEC) No
2194/85 of 25 July 1985 adopting general rules concer­                   tion to each other at any given moment within a band
ning special measures for soya beans (*), as last amended                of 2,25 %, a rate of exchange based on their central
by Regulation (EEC) No 1231 /89 (*), the world price for                 rate, multiplied by the corrective factor provided for in
soya beans is to be determined on the basis of the most                  the last paragraph of Article 3 (1 ) of Council Regula­
                                                                         tion (EEC) No 1676/85 (9), as last amended by Regula­
                                                                         tion (EEC) No 1636/87 (10),
(') OJ No  L  151 , 10. 6. 1985, p. 15.
(2) OJ No  L  197,  26. 7. 1988 , p. 11 .
(3) OJ No  L 201 ,  27. 7. 1988, p. 2.                              f) OJ No L 245, 22. 8. 1989, p. 8.
(4) OJ No  L  128,  11 . 5. 1989, p. 26.                            (8) See page 60 of this Official Journal.
0   OJ No  L 204,   2. 8 . 1985, p. 1 .                             (') OJ No L 164, 24. 6. 1985, p. 1 .
 <) OJ No  L  128,  11 . 5. 1989, p. 24.                            (1#) OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- 1 . 11 . 89                           Official Journal of the European Communities                          No L 320/65
— for other currencies, an exchange rate based on the           HAS ADOPTED THIS REGULATION :
     arithmetic mean of the spot market rates of each of
     these currencies recorded over a given period in rela­                             Article 1
     tion to the Community currencies referred to in the
     previous indent, and the aforesaid coefficient ;           The amount of the aid provided for in Article 2 for in
Whereas the aid shall be fixed as often as the market situ­     Regulation (EEC) No 1491 /85 and the amount of the
ation so requires and so that it can be applied at least        special aid provided for in Article 1 of Regulation (EEC)
twice a month, one of which times shall be from the first       No 2286/88 in the case of Portugal shall be as set out in
                                                                the Annex hereto.
day of each month ;
Whereas it follows from applying these provisions to the                                Article 2
offers and quotations known to the Commission that the
subsidy on soya beans should be as set out in this Regula­      This Regulation shall enter into force on 1 November
tion,                                                           1989 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 31 October 1989.
                                                                         For the Commission
                                                                           Ray MAC SHARRY
                                                                     Member of the Commission
 ---pagebreak--- No L 320/66                       Official Journal of the European Communities                            1 . 11 . 89
                                                      ANNEX
                 to the Commission Regulation of 31 October 1989 fixing die aid for soya beans
                                                                                             (ECU/100 kg)
                                                                       Seed harvested in
                                                                                         another Member
                                                            Spain          Portugal            State
            Seed processed in current period
            — Spain                                         0,000           25,902           25,902
            — Portugal                                     17,975           25,902 0         25,902
            — another Member State                         17,975           25,902           25,902
            Seed processed in first period
            — Spain                                         0,000           25,942           25,942
            — Portugal                                     18,015           25,942 0         25,942
            — another Member State                         18,015           25,942           25,942
            Seed processed in second period
            — Spain                                         0,000 .         25,862           25,862
            — Portugal                                     17,935           25.862Q          25,862
            — another Member State                         17,935           25,862           25,862
            Seed processed in third period
            — Spain                                         0,000           25,643           25,643
            — Portugal                                     17,716           25,643 0         25,643
            — another Member State                         17,716           25,643           25,643
            Seed processed in fourth period
            — Spain                                         0,000           25,603            25,603
            — Portugal                                     17,676           25,603 0          25,603
            — another Member State                         17,676           25,603            25,603
                                                                    ft
            Seed processed in fifth period
            — Spain                                         0,000           25,944           25,944
            — Portugal                                     18,017           25,944 0          25,944
            — another Member State                         18,017 •         25,944            25,944
            (*) Special aid.