Commission Regulation (EC) No 1235/1999 of 15 June 1999 definitively fixing the aid for unginned cotton from 1 September 1998 to 31 March 1999 for the 1998/99 marketing year

COMMISSION REGULATION (EC) No 1235/1999
of 15 June 1999
definitively fixing the aid for unginned cotton from 1 September 1998 to 31 March 1999 for the 1998/99 marketing year
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 paragraph 10 of 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) 1419/98(3), and in particular Article 5(1) thereof,
(1) Whereas, pursuant to Article 3 of Regulation (EC) No 1554/95, the world market price for unginned cotton is fixed periodically during the marketing year;
(2) Whereas Commission Regulation (EC) No 1234/1999(4) fixes actual production of unginned cotton and the amount by which the guide price is to be reduced in each Member State for the 1998/99 marketing year;
(3) Whereas Article 5(1) of Commission Regulation (EEC) No 1201/89 of 3 May 1989 laying down rules implementing the system of aid for cotton(5), as last amended by Regulation (EC) No 1664/98(6), provides for the aid on unginned cotton applicable to each period for which a world market price has been determined to be fixed before 15 July;
(4) Whereas Article 2 of Council Regulation (EC) No 1103/97 of 17 June 1997 on certain provisions relating to the introduction of the euro(7) provides for every reference in a legal instrument to the ecu to be replaced by a reference to the euro at a rate of one euro to one ecu as from 1 January 1999;
(5) Whereas the aid for the 1998/99 marketing year should accordingly be fixed definitively,