Commission Regulation (EC) No 1645/96 of 30 July 1996 amending Regulation (EEC) No 1201/89 laying down rules implementing the system of aid for cotton

COMMISSION REGULATION (EC) No 1645/96 of 30 July 1996 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 Community,
Having regard to the Act of Accession of Greece, and in particular Protocol 4 on cotton, as last amended by Council Regulation (EC) No 1553/95 (1),
Having regard to Council Regulation (EC) No 1554/95 of 29 June 1995, laying down the general rules for the system of aid for cotton and repealing Regulation (EEC) No 2169/81 (2), as last amended by Regulation (EC) No 1584/96 (3), and in particular Article 11 (1) thereof,
Whereas Regulation (EC) No 1584/96 amends the system of aid for cotton with effect from 1 September 1996 in that it abolishes the mechanism for the advance fixing of the aid and amends the system of advances by making it variable to follow changes in the world market price for unginned cotton; whereas Commission Regulation (EEC) No 1201/89 of 3 May 1989, laying down rules implementing the system of aid for cotton (4), as last amended by Regulation (EC) No 1437/96 (5), must be adapted in consequence in order to abolish or amend the provisions referring to the aforementioned mechanism for the advance fixing of the aid, and to provide for the fixing of the advance for the same periods as the world market price for unginned cotton is fixed;
Whereas Article 5 (3) of Regulation (EEC) No 1201/89 provides for a reduction of the aid where the deadline for the lodging of aid applications is not met; whereas, for the sake of harmonization with other sectors, a gradation of that reduction should be introduced;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Flax and Hemp,