CELEX: 31984R2516
Language: en
Date: 1984-09-01 00:00:00
Title: Commission Regulation (EEC) No 2516/84 of 31 August 1984 fixing the aid for soya beans

1 . 9 . 84                              Official Journal of the European Communities                        No L 234/35
                                  COMMISSION REGULATION (EEC) No 2516/84
                                                      of 31 August 1984
                                                fixing the aid for soya beans
THE COMMISSION OF THE EUROPEAN                                    favourable offers and quotations for delivery within 30
COMMUNITIES,                                                      days following the date when the said offers and
                                                                  quotations were recorded ;
Having regard to the Treaty establishing the European
Economic Community,                                               Whereas, where the offers and quotations do not
                                                                  comply with the said conditions, the necessary adjust­
                                                                  ments must be carried out, particularly those referred
Having regard to Council Regulation (EEC) No                      to in Article 3 of Regulation (EEC) No 1978/80 ;
1614/79 of 24 July 1979 laying down special measures
in respect of soya beans ('), as amended by Regulation
(EEC) No 1037/84 (2), and in particular Article 2 (5)             Whereas, if the said system is to operate normally, aid
thereof,                                                          should be calculated on the following basis :
                                                                  — in the case of currencies which are maintained in
Having regard to the opinion of the Monetary                          relation to each other at any given moment within
Committee,
                                                                      a band of 2,25 % , a rate of exchange based on
                                                                      their central rate, multiplied by the coefficient
Whereas, pursuant to Article 2 ( 1 ) of Regulation (EEC)              provided for in Article 2b (2) of Regulation (EEC)
No 1614/79, aid is to be granted for soya beans                       No 974/71 , as last amended by Regulation (EEC)
harvested within the Community where the guide                        No 855/84.
price for a marketing year exceeds the world price ;              — for other currencies, an exchange rate based on the
whereas the said aid is to be equal to the difference                 arithmetic mean of the spot market rates of each of
between those two prices ;                                            these currencies recorded over a given period in
                                                                      relation to the Community currencies referred to
Whereas the guide price for soya beans for the                        in the previous indent, and the aforesaid coeffi­
1984/85 marketing year was fixed by Council Regula­                   cient ;
tion (EEC) No 1035/84 of 31 March 1984 (3) ;
                                                                  Whereas the aid rate applying during the marketing
Whereas, pursuant to Council Regulation (EEC) No                  year shall be fixed twice a month in time to be applied
1724/80 of 30 June 1980 adopting general rules                    from the first and the 1 6th day of each month ;
concerning special measures for soya beans harvested
in 1980 (4), as last amended by Regulation (EEC) No               Whereas it follows from applying these provisions to
2154/84 (*), the world price for soya beans is to be              the offers and quotations known to the Commission
determined on the basis of the most favourable actual             that the subsidy on soya beans should be as set out in
purchasing possibility, with the exception of offers and          this Regulation,
prices which may not be considered as representative
of the actual market trend ; whereas acccount is to be
taken of offers made on the world market as well as
the prices quoted on exchanges which are important
in terms of international trade ;                                 HAS ADOPTED THIS REGULATION :
Whereas, pursuant to Commission Regulation (EEC)
No 1978/80 of 25 July 1980 laying down detailed                                           Article 1
rules for the application of the special measures for
soya beans (6), as last amended by Regulation (EEC) No            The aid referred to in Article 2 of Regulation (EEC)
2356/84 Q, the world market, price is to be fixed per              No 1614/79 is hereby fixed at 24,991 ECU per 100
 100 kilograms and calculated on the basis of the most            kilograms.
(>) OJ   No L 190,  28 . 7. 1979, p. 8 .
(2) OJ   No L 107,  19 . 4. 1984, p. 46.
0   OJ   No L 107,  19 . 4. 1984, p. 44.                                                  Article 2
(4) OJ   No L 170,  3 . 7. 1980, p. 1 .
0   OJ   No L 197,  27. 7. 1984, p. 6.
(6) OJ   No L 192,  26. 7. 1980, p. 25.                           This Regulation shall enter into force on 1 September
n OJ No L 218 , 15. 8 . 1984, p. 10 .                              1984 .
 ---pagebreak--- No L 234/36                  Official Journal of the European Communities                        1 . 9 . 84
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States .
          Done at Brussels, 31 August 1984.
                                                                 For the Commission
                                                                   Poul DALSAGER
                                                             Member of the Commission