CELEX: 31981R2839
Language: en
Date: 1981-10-01 00:00:00
Title: Commission Regulation (EEC) No 2839/81 of 30 September 1981 fixing the aid for cotton

1 . 10 . 81                           Official Journal of the European Communities                          No L 277/43
                                  COMMISSION REGULATION (EEC) No 2839/81
                                                   of 30 September 1981
                                                 fixing the aid for cotton
THE COMMISSION OF THE EUROPEAN                                  quotations which cannot be regarded as representative
COMMUNITIES,                                                    of the real market trend ;
Having regard to the Treaty establishing the European           Whereas for the 1981 /82 marketing year the offers and
Economic Community,                                             quotations are increased by those customs duties
                                                                applied in Greece when importing from other Member
Having regard to the Act of Accession of Greece, and             States ;
in particular paragraphs 3 and 1 0 of Protocol 4 thereto,       Whereas the necessary adjustments must be made in
                                                                 cases where the offers and quotations recorded do not
Having regard to Council Regulation (EEC) No                     satisfy the requirements indicated above ;
2169/81 of 27 July 1981 laying down the general rules
for the system of aid for cotton ('), and in particular         Whereas, under Article 4 (4) of Regulation (EEC) No
Article 5 ( 1 ) thereof,                                         2169/81 , if there are no suitable offers or quotations
                                                                 for determining the world market price for cotton
Having regard to the opinion of the Monetary                     seed, this price is to be established on the basis of the
Committee,                                                      value of the products obtained from the processing of
                                                                those seeds, less the cost of crushing ; whereas this
Whereas, under Article 5 of Regulation (EEC) No                  value is determined in accordance with Article 4 of
2169/81 , aid must be granted for unginned cotton                Regulation (EEC) No 2183/81 ;
harvested in the Community when the world market
price for unginned cotton is below the guide >price ;            Whereas, if the subsidy system is to operate normally,
                                                                 subsidies should be calculated on the following basis :
Whereas the aid is equal to the difference between               — in the case of currencies which are maintained in
these two prices ;                                                    relation to each other at any given moment within
                                                                      a band of 2-25 % , a rate of exchange based on
Whereas the guide price for the 1981 /82 marketing                    their effective parity,
year was fixed by Regulation (EEC) No 2168 /81 (2);              — for other currencies, an exchange rate based on the
                                                                      arithmetic mean of the spot market rates of each of
Whereas the world market price for unginned cotton                    these currencies recorded for a given period in
is determined periodically on the basis of the world                  relation to the Community currencies referred to
market prices recorded for ginned cotton and cotton                   in the previous indent ;
seed, taking into account the estimated yield of the
Community harvest in cotton seed and in ginned                   Whereas the aid must be fixed once a month, and in
cotton and also the net cost of ginning ;                        such a way that it can be applied from the first day of
                                                                 the month following the date of fixing ; whereas it
Whereas the world market price for ginned cotton and             may be altered between fixings ;
cotton seed is determined in accordance with Article 4
of Regulation (EEC) No 2169/81 ;                                 Whereas it follows from applying these provisions to
                                                                 the offers and quotations known to the Commission
                                                                 that the aid for cotton should be as set out in this
Whereas, if the world market price for unginned
cotton cannot be determined as described above, this             Regulation,
price shall be established on the basis of the most
 recent price determined ;
                                                                 HAS ADOPTED THIS REGULATION :
Whereas the above values are established on the basis
 of the prices determined in accordance with Articles 2;                                   Article 1
 3 and 4 of Commission Regulation (EEC) No 2183/ 81
of 30 July 1981 laying down rules implementing the               The aid for unginned cotton referred to in Article 5 of
system of aid for cotton (3) ; whereas the world market          Regulation (EEC) No 2169/81 shall be 30-527 ECU
 price is determined on the basis of the most favourable         per 100 kilograms.
 offers and quotations recorded, excluding offers and
                                                                                           Article 2
 (') OJ No L 211 , 31 . 7. 1981 , p. 2.
 0 OJ No L 211 , 31 . 7. 1981 , p. 1 .                           This Regulation shall enter into force on 1 October
 (3) OJ No L 211 , 31 . 7. 1971 , p. 35.                          1981 .
 ---pagebreak--- No L 277/44                  Official Journal of the European Communities                        1 . 10 . 81
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States .
          Done at Brussels, 30 September 1981 .
                                                                 For the Commission
                                                                   Poul DALSACER
                                                             Member of the Commission