Council Regulation (EEC) No 791/89 of 20 March 1989 amending Regulation (EEC) No 2169/81 laying down the general rules for the system of aid for cotton

COUNCIL  REGULATION (EEC) No 791/89
of 20 March 1989
amending Regulation (EEC) No 2169/81 laying down the general rules for the system of aid for cotton
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to the Act of Accession of Greece, and in particular Protocol 4 on cotton annexed thereto, as last amended by Regulation (EEC) No 4006/87 (1),
Having regard to the proposal from the Commission,
Whereas Article 4 (3) of Regulation (EEC) No 2169/81 (2), as last amended by Regulation (EEC) No 2261/88 (3), states that the world market price for ginned cotton is to be determined for a product as defined in Greece; whereas, as a result of the accession of Spain, that reference to a particular situation in Greece should be deleted and replaced by a definition used in international trade;
Whereas under the terms of Article 5 (2) of Regulation (EEC) No 2169/81 the application for aid may be lodged before submission of the application for supervised storage; whereas in order to ensure that the system of aid operates properly, it should be stipulated, that in such cases, the application is not valid unless security is lodged as a guarantee of submission of the application for supervised storage within the period set;
Whereas following adjustment by Regulation (EEC) No 1964/87 (4) of the system of aid for cotton introduced by Protocol 4 annexed to the Act of Accession of Greece, Article 6 (4) and Article 7 (1) of Regulation (EEC) No 2169/81 should be amended,