CELEX: 31991R2795
Language: en
Date: 1991-09-25 00:00:00
Title: Commission Regulation (EEC) No 2795/91 of 24 September 1991 fixing the aid for soya beans

No L 269/22                               Official Journal of the European Communities                                  25 . 9 . 91
                                         COMMISSION REGULATION (EEC) No 2795/91
                                                       of 24 September 1991
                                                   fixing the aid for soya beans
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         on which the application was lodged by the corrective
                                                                     amount and the difference between the target prices
                                                                     mentioned in Article 33 of Commission Regulation (EEC)
 Having regard to the Treaty establishing the European               No 2537/89 of 8 August 1989 laying down detailed rules
 Economic Community,                                                 for the application of the special measure for soya
                                                                     beans (*), as last amended by Regulation (EEC) No
                                                                     2692/910 ;
 Having regard to the Act of Accession of Spain and
 Portugal,
                                                                     Whereas, pursuant to Regulation (EEC) No 2537/89, the
 Having regard to Council Regulation (EEC) No 1491 /85               world market price is to be fixed per 100 kilograms and
                                                                     calculated on the basis of the most favourable offers and
 of 23 May 1985 laying down special measures in respect
 of soya beans ('), as last amended by Regulation (EEC) No           quotations for delivery within 30 days following the date
 1724/91 (2), and in particular Article 2 (7) thereof,               when the said offers and quotations were recorded ;
 Having regard to the opinion of the Monetary Committee,             Whereas, where the offers and quotations do not comply
                                                                     with the said conditions, the necessary adjustments must
                                                                     be carried out, particularly those referred to in Article 40
 Whereas, pursuant to Article 2 ( 1 ) of Regulation (EEC) No         of Regulation (EEC) No 2537/89 ;
 1491 /85, aid is to be granted for soya beans harvested
 within the Community where the guide price for a
 marketing year exceeds the world price ; whereas the said
 aid is to be equal to the difference between those two              Whereas, owing to the lack of the adjustment in the rate
 prices ;                                                            of aid for soya seed resulting from the maximum guaran­
                                                                     teed quantity arrangements for the 1991 /92 marketing
                                                                     year, the rate of the aid for this marketing year has only
Whereas the guide price for soya beans was fixed for the             been able to be calculated provisionally on the basis of
 1991 /92 marketing year by Council Regulation (EEC) No              the abatement for the 1990/91 marketing year ; whereas
 1726/91 (3) ;                                                       this amount should therefore only be applied provisio­
                                                                     nally and should be confirmed or replaced once the
                                                                     consequences of the maximum guaranteed quantity arran­
                                                                     gements are known ;
Whereas, pursuant to Council Regulation (EEC) No
 2194/85 of 25 July 1985 adopting general rules con­
cerning special measures for soya beans (4) as last
amended by Regulation (EEC) No 1725/91 (*), the world                Whereas, if the said system is to operate normally, aid
price for soya beans is to be determined on the basis of             should be calculated on the following basis :
the most favourable actual purchasing possibility, with the
exception of offers and prices which may not be con­
sidered as representative of the actual market trend ;               — in the case of currencies which are maintained in rela­
whereas account is to be taken of offers made on the                      tion to each other at any given moment within a band
world market as well as the prices quoted on exchanges                    of 2,25 %, a rate of exchange based on their central
which are important in terms of international trade ;                     rate, multiplied by the corrective factor provided for in
whereas, under that Regulation, where the subsidy to be                   the last paragraph of Article 3 (1 ) of Council Regula­
granted is fixed in advance, the amount of such subsidy                   tion (EEC) No 1 676/85 (8) as last amended by Regula­
must be equal to the amount applicable on the day on                      tion (EEC) No 2205/90 (»)
which the application for advance fixing was lodged,
adjusted by the difference between the target price valid            — for the other currencies, an exchange rate based on an
on that day and the target price valid on the identification              average of the ecus rates published in the 'C' series of
day ; whereas such adjustment should involve increasing                   the Official Journal of the European Communities
or reducing the amount of subsidy applicable on the day                   over a period to be determined, multiplied by the
                                                                          factor referred to in the preceding indent ;
(') OJ  No  L  151 , 10. 6. 1985, p. 15.
0   OJ  No  L  162,  26. 6. 1991 , p. 35.                            (6) OJ  No  L  245,  22.  8. 1989,  p. 8.
 3) OJ  No  L  162,  26. 6. 1991 , p. 39.                            0   OJ  No  L  255,  12.  9. 1991 , p. 12.
(4) OJ  No  L  204,  2. 8 . 1985, p. 1 .                             (8) OJ  No  L  164,  24.  6. 1985,  p. 1.
0   OJ  No  L  162,  26. 6. 1991 , p. 37.                            0   OJ  No  L  201 , 31 . 7. 1990,  p. 9.
 ---pagebreak--- 25. 9. 91                                      Official Journal of the European Communities                                           No L 269/23
Whereas the aid shall be fixed as often as the market situ­                     2.      However, the amount of the aid for the 1991 /92
ation so requires and so that it can be applied at least                        marketing year for soya seed shall be confirmed or
twice a month, one of which times shall be from the first                       replaced with effect from 25 September 1991 to take
day of each month ;                                                             account of the consequences of the maximum guaranteed
                                                                                quantity arrangements for the 1991 /92 marketing year.
Whereas it follows from applying these provisions to the
offers and quotations known to the Commission that the
subsidy on soya beans should be as set out in this Regula­
tion,
HAS ADOPTED THIS REGULATION :
                                                                                                               Article 2
                               Article 1
 1 . The amount of the aid provided for in Article 2 of
Regulation (EEC) No 1491 /85 shall be as set out in the                         This Regulation shall enter into force on 25 September
Annex hereto .                                                                   1991 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                     Done at Brussels, 24 September 1991 .
                                                                                             For the Commission
                                                                                               Ray MAC SHARRY
                                                                                      Member of the Commission
                                                                        ANNEX
                       to the Commission Regulation of 24 September 1991 fixing the aid for soya beans
                                                                                                                                         (ECU/100 kg)
                                                   Current            First          Second            Third             Fourth             Fifth
                                                   period            period           period          period             period            period
                                                     9 (')            10 (')            11 (1)          12 (')            1 (')             20
                                             F------
Seed harvested :
— another Member State                             20,214            20,322          20,196           20,197             19,808           19,780
(') Amount fixed provisionally, pending and subject to the application of the maximum guaranteed quantity arrangements for the 1991 /92 marketing year,
    conforming to the adjustment resulting from the maximum guaranteed quantity arrangements applied for the 1990/91 marketing year for Member States
       other than Spain.