Commission Regulation (EEC) No 2674/88 of 29 August 1988 amending Regulation (EEC) No 2329/85 laying down detailed rules for the application of the special measures for soya beans

COMMISSION  REGULATION (EEC) No 2674/88
of 29 August 1988
amending Regulation (EEC) No 2329/85 laying down detailed rules for the application of the special measures for soya beans
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1491/85 of 23 May 1985 laying down special measures in respect of soya beans (1), as last amended by Regulation (EEC) No 2217/88 (2), and in particular Article 2 (8) and the third sub-paragraph of Article 3 thereof,
Whereas Article 1 of Commission Regulation (EEC) No 2329/85 (3), as last amended by Regulation (EEC) No 2867/87 (4), provides that the world market price for soya beans is to be determined twice a month; whereas Article 11 of that Regulation lays down that the aid applying during the marketing year is to be fixed with the same frequency;
Whereas the situation on the world market is such that fixing the price twice a month is insufficient to take adequate account of the trend in prices; whereas provision should accordingly be made for more frequent fixing; whereas Regulation (EEC) No 2329/85 should be amended accordingly;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats,