CELEX: 31995R2042
Language: en
Date: 1995-08-23 00:00:00
Title: COMMISSION REGULATION (EC) No 2042/95 of 23 August 1995 fixing the aid for cotton for the 1995/96 marketing year

24. 8 . 95            EN               Official Journal of the European Communities                          No L 199/57
                                    COMMISSION REGULATION (EC) No 2042/95
                                                     of 23 August 1995
                               fixing the aid for cotton for the 1995/96 marketing year
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      account of budget funding available following the applica­
                                                                 tion of that reduction ; whereas, in these circumstances,
                                                                 the abovementioned amount of aid has provisionally been
Having regard to the Treaty establishing the European            calculated on the basis of a provisional overall reduction
Community,                                                       of ECU 18,284 per 100 kilograms for Greece and without
                                                                 reduction for Spain ;
Having regard to the Act of Accession of Greece, and in
particular paragraphs 3 and 10 of Protocol 4 on cotton           Whereas Regulation (EC) No 1554/95 provides for
annexed thereto, as last amended by Council Regulation           amendments to the methods of determining the world
(EC) No 1553/95 0),                                              market price of unginned cotton which will apply to the
                                                                 1 995/96 marketing year ; whereas, pending the adoption
                                                                 by the Commission of detailed rules of application for the
Having regard to Council Regulation (EC) No 1554/95 of           implementation of that new method, the method referred
29 June 1995 laying down the general rules for the               to in Article 4 of Council Regulation (EEC) No
system of aid for cotton and repealing Regulation (EEC)          2169/81 (% as last amended by Regulation (EC) No
No 2169/81 (2), and in particular Article 5 (1 ) thereof,        1554/95, should be used, following the procedures
                                                                 referred to in Commission Regulation (EC) No
                                                                 1234/95 (% as last amended by Regulation (EC) No
Whereas pursuant to Article 5 of Regulation (EC) No              1583/95 (8); whereas, when the abovementioned detailed
1554/95, aid must be granted for unginned cotton                 rules of application have been adopted the amount of aid
harvested in the Community when the world market                 will have to be replaced by an amount calculated in
                                                                 accordance with the new rules,
price for unginned cotton is below the guide price ;
Whereas the aid is equal to the difference between these
two prices ;
                                                                 HAS ADOPTED THIS REGULATION :
Whereas the guide price of unginned cotton for the
1995/96 marketing year is laid down in paragraph 8 of
the abovementioned Protocol 4 ;
                                                                                           Article 1
Whereas the third sentence of Article 7 ( 1 ) of Commis­         1 . The aid for unginned cotton referred to in Article 5
sion Regulation (EEC) No 1201 /89 of 3 May 1989 laying           of Regulation (EC) No 1554/95 shall be fixed for the
down rules implementing the system of aid for cotton (3),        1995/96 marketing year at :
as last amended by Regulation (EEC) No 2046/93 (4),
provides that an application for aid may be lodged from 1        — ECU 71,664 per 100 kilograms for Spain,
June 1995 for the 1995/96 marketing year ; whereas the
aid for that marketing year should therefore be fixed ;          — ECU 53,380 per 100 kilograms for Greece.
Whereas, pursuant to Article 2 (3) and (4) of Council            2. However, the amount of the aid will be replaced
                                                                 with effect from 24 August 1995 to take account of the
Regulation (EEC) No 1964/87 of 2 July 1987 adjusted the          consequences of the stabilizer system as well as any adap­
system of aid for cotton introduced by Protocol 4 and            tations to the aid arrangements.
annexed to the Act of Accession of Greece (% as last
amended by Regulation (EC) No 1553/95, the aid for
cotton for the 1995/96 marketing year is adjusted by the
reduction fixed to take account of the expected overrun of
the maximum guaranteed quantity and the national                                           Article 2
guaranteed quantities fixed in that Article and also taking
                                                                 This Regulation shall enter into force on 24 August 1995.
(') OJ  No L 148,  30. 6. 1995, p. 45.
(2) OJ  No L 148 , 30. 6. 1995, p. 48.
 5  OJ  No L 123,  4. 5. 1989, p. 23.                            (') OJ No L 211 , 31 . 7. 1981 , p. 2.
(♦) OJ  No L 185,  28. 7. 1993, p. 19.                           0 OJ No L 121 , 1 . 6. 1995, p. 21 .
0   OJ  No L 184,  3. 7. 1987, p. 14.                            (8) OJ No L 150, 1 . 7. 1995, p. 79.
 ---pagebreak--- No L 199/ 58   T EN             Official Journal of the European Communities                        24. 8 . 95
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 23 August 1995.
                                                                    For the Commission
                                                                     Karel VAN MIERT
                                                                Member of the Commission