CELEX: 31994R1935
Language: en
Date: 1994-07-30 00:00:00
Title: Commission Regulation (EC) No 1935/94 of 29 July 1994 fixing the aid for cotton

30 . 7. 94                                 Official Journal of the European Communities                            No L 198/31
                                          COMMISSION REGULATION (EC) No 1935/94
                                                            of 29 July 1994
                                                       fixing the aid for cotton
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                          Whereas the world market price for unginned cotton is
                                                                       determined periodically on the basis of the world prices
                                                                       recorded for ginned cotton and cotton seed, talking into
 Having regard to the Treaty establishing the European                 account the estimated yield of the Community harvest in
 Community,                                                            cotton seed and in ginned cotton and also the net cost of
                                                                      ginning ;
 Having regard to the Act of Accession of Greece, and in
 particular paragraphs 3 and 10 of Protocol 4 on cotton               Whereas the world market price for ginned cotton and
 annexed thereto, as amended by Protocol 14 annexed to                 cotton seed is determined in accordance with Article 4 of
 the Act of Accession of Spain and Portugal, and Commis­               Regulation (EEC) No 2169/81 ;
 sion Regulation (EEC) No 4006/87 ('),
 Having regard to Council Regulation (EEC) No 2169/81                 Whereas, if the world market price for unginned cotton
 of 27 July 1981 laying down the general rules for the                 cannot be determined as described above, this price shall
 system of aid for cotton (2), as last amended by Regulation          be established on the basis of the most recent price deter­
                                                                       mined :
 (EEC) No 1 554/93 (3), and in particular Article 5 ( 1 )
 thereof,
                                                                      Whereas the world market price for unginned cotton is
 Whereas,   pursuant to Article 5 of Regulation (EEC) No              equal to the sum of the values for ginned cotton seed
 2169/81 ,  aid must be granted for unginned cotton                   defined in Article 1 of Commission Regulation (EEC) No
 harvested   in the Community when the world market                    1201 /89 of 3 May 1989, laying down rules implementing
 price for  unginned cotton is below the guide price ;                the system of aid cotton (8), as last amended by Regulation
                                                                      (EEC) No 2046/93 (9), minus the cost of beginning ;
Whereas the aid is equal to the difference between these
 two prices ;                                                         Whereas the above values are established on the basis of
                                                                      the prices determined in accordance with Articles 2 and 3
                                                                      of Regulation (EEC) No 1201 /89 ; whereas the world
Whereas the guide price for unginned cotton has been                  market price is detrmined on the basis of the most favou­
 fixed for the 1994/95 marketing year by Council Regula­              rable offers and quotations recorded, excluding offers and
tion (EC) No 1876/94 (4);                                             quotations which cannot be regarded as representative of
                                                                      the real market trend :
Whereas, pursuant to the second subparagraph of Article
2 (2) of Council Regulation (EEC) No 1964/87 of 2 July
 1987 adjusting the system of aid for cotton (*), as last             Whereas the necessary adjustments must be made in cases
amended by Regulation (EEC) No 1 553/93 (6), the aid for              where the offers and quotations recorded do not satisfy
cotton for the 1994/95 marketing year is reduced by ECU               the requirements indicated above ;
5,073/ 100 kilograms as fixed by Commission Regulation
(EEC) No 2420/93 f7) and by the provisional reduction
fixed to take account of the expected overrun of the                  Whereas, pursuant to Article 4 (4) of Regulation (EEC) No
maximum guaranteed quantity fixed by the second sub­                  2169/81 , if there are no suitable offers or quotations for
paragraph of Article 2 (1 ) of Regulation (EEC) No                    determing the world market price for cotton seed, that
 1964/87 ; whereas, in these circumstances, the amount of             price shall be established on the basis of the most favou­
the aid has been provisionally calculated on the basis of             rable offers and quotations for cotton seed recorded on
an overall provisional reduction of ECU 25,365/ 100 kilo­             the Community market or, if those offers and quotations
grams ;                                                               cannot be established, on the basis of the value of the
                                                                      products obtained from processing the seed in the
(') OJ  No  L  377,  31 . 12. 1987, p. 49.                            Community, less the processing cost ; whereas this value
0   OJ  No  L  211 , 31 . 7. 1981 , p. 2.                             is determined in accordance with Article 4 of Regulation
0   OJ  No  L  154,  25. 6. 1993, p. 23.                              (EEC) No 1201 /89 ;
0   OJ  No  L  197,  30. 7. 1994, p. 17.
0   OJ  No  L  184,  3. 7. 1987, p. 14.
(j OJ No L 154, 25. 6. 1993, p. 21 .                                  (8) OJ No L 123, 4. 5. 1989, p. 23.
0 OJ No L 222, 1 . 9. 1993, p. 37.                                    0 OJ No L 185, 28. 7. 1993, p. 19.
 ---pagebreak---  No L 198/32                           Official Journal of the European Communities                              30 . 7. 94
 Whereas the representative market rates defined in Article      whereas it follows from applying these provisions to the
  1 of Council Regulation (EEC) No 3813/92 ('), as               offers and quotations known to the Commission that the
 amended by Regulation (EC) No 3528/93 (2), are used to          aid for cotton should be as set out in this Regulation,
 convert amounts expressed in third country currencies
 and are used as the basis for determining the agricultural
                                                                 HAS ADOPTED THIS REGULATION :
 conversion rates of the Member States' currencies ;
 whereas detailed rules on the application and determina­
 tion of these conversions are laid down in Commission                                   Article 1
 Regulation (EEC) No 1068/93 (3), as amended by Regula­
 tion (EC) No 547/94 (4) ;                                       1 . The aid for unginned cotton provided for in Article
                                                                 5 of Regulation (EEC) No 2169/81 shall be ECU 48,978
                                                                 per 100 kilograms.
                                                                 2.    However, the amount of the aid shall be confirmed
                                                                 or replaced with effect from 1 August 1994 to take
                                                                 account of the consequences of the system of maximum
                                                                 guaranteed quantities.
 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                             Article 2
 following the date of fixing ; whereas it may be altered
 between fixings ;                                               This Regulation shall enter into force on 1 August 1994.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 29 July 1994.
                                                                          For the Commission
                                                                            Rene STEICHEN
                                                                      Member of the Commission
(') OJ No L 387, 31 . 12. 1992, p. 1 .
O OJ No L 320, 22. 12. 1993, p. 32.
(3) OJ No L 108, 1 . 5. 1993, p. 106.
H OJ No L 69 , 12. 3. 1994, p. 1 .