Commission Regulation (EEC) No 2733/89 of 8 September 1989 amending Regulation (EEC) No 1201/89 laying down rules implementing the system of aid for cotton

COMMISSION  REGULATION (EEC) No 2733/89
of 8 September 1989
amending Regulation (EEC) No 1201/89 laying down rules implementing the system of aid for cotton
THE COMMISSION 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, as last amended by Regulation (EEC) No 4006/87 (1),
Having regard to Council Regulation (EEC) No 2169/81 of 27 July 1981 laying down the general rules for the system of aid for cotton (2), as last amended by Regulation (EEC) No 791/89 (3), and in particular Article 11 thereof,
Whereas the second subparagraph of Article 11 of Commission Regulation (EEC) No 1201/89 of 3 May 1989 laying down rules implementing the system of aid for cotton (4) provides for the possibility of applying the yields referred to in Article 1 (2) of that Regulation; whereas those yields are insufficient in view of the characteristics of the product; whereas they should therefore be replaced taking into account the yield in fibres determined when the cotton is placed under supervision;
Whereas Article 15 of that Regulation specifies the conversion rate to be applied to the minimum price and the aid; whereas those conversion rates involve drawbacks for the operators concerned; whereas the application in both cases of the conversion rate applying on the day of placing under supervision of the product seems the most appropriate; whereas Article 15 should be adapted accordingly;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Flax and Hemp,