CELEX: 51993PC0036(11)
Language: en
Date: 1993-02-09
Title: Proposal for a COUNCIL REGULATION (EEC) adjusting, for the third time, the system of aid for cotton introduced by Protocol 4 annexed to the Act of Accession of Greece

No C 80 / 18                               Official Journal of the European Communities                                       20 . 3 . 93
                                                              Proposai for a
                                             COUNCIL REGULATION ( EEC ) No . . ./ 93
                                                                   of . . .
                  adjusting, for the third time, the system of aid for cotton introduced by Protocol 4 annexed to the
                                                        Act of Accession of Greece
                                                              ( 93 / C 80 / 11 )
  THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                                 HAS ADOPTED THIS REGULATION :
  Having regard to the Treaty establishing the European
                                                                                                       Article 1
  Economic Community ,
                                                                           This Regulation provides for adjustments to the system of
                                                                           aid for the production of cotton provided for in paragraph
  Having regard to the Act of Accession of Greece , and in                 3 of Protocol 4 annexed to the Act of Accession of Greece
  particular paragraph 1 1 of Protocol 4 on cotton , as last               and adjusted by Regulation ( EEC ) No 1964 / 87 .
  amended by Regulation ( EEC ) 2052 / 92 ( ! ),
                                                                                                       Article 2
  Having regard to Council Regulation ( EEC ) No 1964 / 87
  of 2 July 1987 adjusting the system of aid for cotton
  introduced by Protocol 4 annexed to the Act of Accession                 Article 2 ( 2 ) of Regulation ( EEC ) No 1964 / 87 is replaced
  of Greece ( 2 ), as last amended by Regulation ( EEC ) No                by the following:
  2052 / 92 , and in particular Article 3 ( 2 ) thereof,                       '2 . When      the  production     of unginned     cotton ,
                                                                               estimated at the beginning of the marketing year,
  Having regard to the proposal from the Commission ,                          exceeds the maximum quantity guaranteed for the year
                                                                               in question , the amount of aid shall be reduced by an
                                                                               amount obtained by multiplying the guide price by a
  Having     regard    to   the     opinion  of the      European              coefficient which increases in line with the amount by
  Parliament ,                                                                 which estimated production exceeds the maximum
                                                                               quantity guaranteed .
  Having regard to the opinion of the Economic and Social
  Committee ,
                                                                               However , without prejudice to the third subparagraph ,
                                                                               if the reduction in the amount of aid exceeds 20 % of
                                                                               the guide price, this reduction shall be limited , under
 Whereas Article 2 ( 2 ) of Regulation ( EEC ) No 1964 / 87                    the marketing year concerned , to 20 % . Any reduction
 provides that , with a view to avoiding excessive variations                  which exceeds this limit shall be carried over in respect
 in the reduction of the guide price applied if the maximum                    of the guide price for the following market year up to a
 guaranteed quantity is exceeded , the reduction shall be                      limit of 7 % .
 limited to 15 % of the guide price ; whereas , under certain
 conditions or within certain limits , the proportion in excess                Moreover , in the event that application of the first
 of this maximum and any difference between the actual and                     subparagraph to actual production instead of estimated
 the estimated production shall be carried forward to the                      production before the beginning of the marketing year
 following marketing year ;                                                    results in an adjustment of the amount of aid different
                                                                               from the adjustment actually made , the amount of the
                                                                               aid for the marketing year concerned shall be adjusted
 Whereas the current limit in the reduction of the guide                       upwards of a threshold of 3 % on the basis of the ratio
 price has not succeeded in preventing a substantial                           between , on the one hand , the gap between the
 expansion of cotton-growing in the Community ; whereas                       estimated production and the actual production and ,
 in order to achieve the objective sought, the maximum                        on the other hand , the maximum quantity guaranteed
 reduction should be increased , with producers duly notified                 for the preceding marketing year .'
 in good time , from 15 % to 20 % and from 5 to 7 % for
the part exceeding the maximum reduction ;
                                                                                                      Article 3
Whereas certain amendments should be made to the
existing text of the third subparagraph of Article 2 ( 2 ) of             This Regulation shall enter into force on the third day
Regulation ( EEC ) No 1964 / 87 ,                                         following its publication in the Official Journal of the
                                                                          European Communities .
C ) OJ No L 215 , 30 . 7 . 1992 , p . 10 .                                It shall apply with effect from the 1993 / 94 marketing
(-) OJ No L 184 , 3 . 7 . 1987 , p . 14 .                                 year .
 ---pagebreak--- 20 . 3 . 93                      Official Journal of the European Communities                      No C 80 / 19
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at . . .
                                                                              For the Council