CELEX: 31990R1478
Language: en
Date: 1990-06-01 00:00:00
Title: Commission Regulation (EEC) No 1478/90 of 31 May 1990 fixing the aid for soya beans

No L 140/72                            Official Journal of the European Communities                                  1 . 6. 90
                                    COMMISSION REGULATION (EEC) No 1478/90
                                                       of 31 May 1990
                                               fixing the aid for soya beans
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      soya beans is to be determined on the basis of the most
                                                                 favourable actual purchasing possibility, with the excep­
Having regard to the Treaty establishing the European            tion of offers and prices which may not be considered as
Economic Community,                                              representative of the actual market trend ; whereas
                                                                 account is to be taken of offers made on the world market
                                                                 as well as the prices quoted on exchanges which are
Having regard to the Act of Accession of Spain and               important in terms of international trade ; whereas, under
Portugal,                                                        that Regulation, where the subsidy to be granted is fixed
                                                                 in advance, the amount of such subsidy must be equal to
Having regard to Council Regulation (EEC) No 1491 /85            the amount applicable on the day on which the applica­
of 23 May 1985 laying down special measures in respect           tion for advance fixing was lodged, adjusted by the diffe­
of soya beans ('), as last amended by Regulation (EEC) No        rence between the target price valid on that day and the
2217/88 (2), and in particular Article 2 (7) thereof,            target price valid on the identification day ; whereas such
                                                                 adjustment should involve increasing or reducing the
                                                                 amount of subsidy applicable on the day on which the
Having regard to Council Regulation (EEC) No 2286/88             application was lodged by the corrective amount and the
of 19 July 1988 providing for the granting of special aid        difference between the target prices mentioned in Article
for soya beans produced and processed in Portugal (3),           33 of Commission Regulation (EEC) No 2537/89 of 8
                                                                 August 1989 laying down detailed rules for the applica­
Having regard to the opinion of the Monetary Committee,          tion of the special measure for soya beans (8), as amended
                                                                 by Regulation (EEC) No 1 50/90 H ;
Whereas, pursuant to Article 2 (1 ) of Regulation (EEC) No
1491 /85, aid is to be granted for soya beans harvested
within the Community where the guide price for a                 Whereas, pursuant to Regulation (EEC) No 2537/89, the
marketing year exceeds the world price ; whereas the said        world market price is to be fixed per 100 kilograms and
                                                                 calculated on the basis of the most favourable offers and
aid is to be equal to the difference between those two
prices ;                                                         quotations for delivery within 30 days following the date
                                                                 when the said offers and quotations were recorded ;
Whereas the guide price for soya beans for the 1989/90
marketing year was fixed by Council Regulation (EEC)
                                                                 Whereas, where the offers and quotations do not comply
No 1232/89 (4) and for the 1990/91 marketing year by             with the said conditions, the necessary adjustments must
Council Regulation (EEC) No 1319/90 Q ; whereas,                 be carried out, particularly those referred to in Article 40
pursuant to Articles 95 (2) and 293 (2) of the Act of            of Regulation (EEC) No 2537/89 ;
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 paragraphs 2 and 3
of the said Articles from the beginning of the 1986/87           Whereas the abatement of the subsidy for soya beans
marketing year ;                                                 which arises from the system of maximum guaranteed
                                                                 quantities for the 1989/90 marketing year has been fixed
                                                                 by Commission Regulation (EEC) No 3303/89 (10) ;
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 the abatement of the subsidy which arises, where
between the guide price for such beans in Portugal and           appropriate, from the system of maximum guaranteed
the price of imported soya beans ;                               quantities for the 1990/91 marketing year, has not yet
                                                                 been fixed ; whereas the amount of the subsidy for the
Whereas, pursuant to Council Regulation (EEC) No                 1990/91 marketing year has been calculated provisionally
2194/85 of 25 July 1985 adopting general rules concer­           on the basis of the abatement for the 1989/90 marketing
ning special measures for soya beans (s), as last amended        year ;
by Regulation (EEC) No 1231 /89 f), the world price for
(') OJ No L 151 , 10. 6. 1985, p. 15.                            Whereas, if the said system is to operate normally, aid
(2) OJ No L 197, 26. 7. 1988, p. 11 .                            should be calculated on the following basis :
M OJ No L 201 , 27. 7. 1988, p. 2.
(4) OJ No L 128 , 11 . 5. 1989, p. 26.
(4 OJ No L 132, 23. 5. 1990, p. 13.                              (8) OJ No L 245, 22. 8. 1989, p. 8 .
(6) OJ No L 204, 2. 8. 1985, p. 1 .                              0 OJ No L 18, 23. 1 . 1990, p. 10.
0 OJ No L 128 , 11 . 5. 1989, p. 24.                             (10) OJ No L 320, 1 . 11 . 1989, p. 60 ,
 ---pagebreak--- 1 . 6 . 90                              Official Journal of the European Communities                            No L 140/73
     in the case of currencies which are maintained in rela­      subsidy on soya beans should be as set out in this Regula­
     tion to each other at any given moment within a band         tion,
     of 2,25 % , a rate of exchange based on their central
     rate, multiplied by the corrective factor provided for in     HAS ADOPTED THIS REGULATION :
     the last paragraph of Article 3 (1 ) of Council Regula­
     tion (EEC) No 1676/85 ('), as last amended by Regula­
     tion (EEC) No 1636/87 (2),                                                            Article 1
     for other currencies, an exchange rate based on the           1.    The amount of the aid provided for in Article 2 for
     arithmetic mean of the spot market rates of each of           in Regulation (EEC) No 1491 /85 and the amount of the
     these currencies recorded over a given period in rela­        special aid provided for in Article 1 of Regulation (EEC)
     tion to the Community currencies referred to in the           No 2286/88 in the case of Portugal shall be as set out in
     previous indent, and the aforesaid coefficient ;              the Annex hereto.
                                                                   2.    However, the amount of the subsidy in the case of
Whereas the aid shall be fixed as often as the market situ­        advance fixing for the 1990/91 marketing year for soja
ation so requires and so that it can be applied at least           beans, will be confirmed or replaced as from 1 June 1990
twice a month, one of which times shall be from the first          to take into account, where appropriate, of the application
day of each month ;                                                of maximum guaranteed quantities.
                                                                                           Article 2
Whereas it follows from applying these provisions to the
offers and quotations known to the Commission that the             This Regulation shall enter into force on 1 June 1990 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 31 May 1990.
                                                                             For the Commission
                                                                              Ray MAC SHARRY
                                                                        Member of the Commission
(>) OJ No L 164, 24. 6. 1985, p. 1 .
(2) OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- No L 140/74                             Official Journal of the European Communities                                           1 . 6. 90
                                                                  ANNEX
                    to the Commission Regulation of 31 May 1990 fixing the aid for soya beans
                                                                                                                (ECU/100 kg)
                                                                                          Seed harvested in
                                                                                                            another Member
                                                                          Spain               Portugal            State
            Seed processed in current period
            — Spain                                                        0,000               28,354            28,354
            — Portugal                                                   20,427                28,354 0          28,354
            — another Member State                                       20,427                28,354            28,354
            Seed processed in first period
            — Spain                                                        0,000               28,413            28,413
            — Portugal                                                   20,486                28,413 0          28,413
            — another Member State                                       20,486                28,413            28,413
            Seed processed in second period                         \
            — Spain                                                        0,000               28,178            28,178
            — Portugal                                                   20,251                28,178 0          28,178
            — another Member State                                       20,251                28,178            28,178
            Seed processed in third period (')                      \                   \
            — Spain                                                        0,000               28,013            28,013
            — Portugal                                                   20,086                28.013Q           28,013
            — another Member State                                       20,086                28,013            28,013
            Seed processed in fourth period (') :
            — Spain                                                        0,000               27,497            27,497
            — Portugal                                                   19,570                27,497 (*}        27,497
            — another Member State                                       19,570                27,497            27,497
            Seed processed in fifth period (')
            — Spain                                                        0,000               27,497            27,497
            — Portugal                                                   19,570                27,497 0          27,497
            — another Member State                                       19,570                27,497            27,497
            (*) Special aid.
            (') Subject, in cases of advance fixing for the 1990/91 marketing year, to application of maximum guaranteed quan­
                tity arrangements for that marketing year.