Commission Regulation (EC) No 3012/94 of 12 December 1994 amending Regulation (EC) No 2150/94 fixing, for unginned cotton, the actual production for the 1993/94 marketing year, the estimated production and the provisional reduction in the aid for the 1994/95 marketing year and the amount by which the guide price is to be reduced for the 1995/96 marketing year and fixing the definitive reduction for the 1994/95 marketing year

COMMISSION REGULATION (EC) No 3012/94 of 12 December 1994 amending Regulation (EC) No 2150/94 fixing, for unginned cotton, the actual production for the 1993/94 marketing year, the estimated production and the provisional reduction in the aid for  the 1994/95 marketing year and the amount by which the guide price is to be reduced for the 1995/96 marketing year and fixing the definitive reduction for the 1994/95 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 Protocol 4 on cotton, as amended by the Act of Accession of Spain and Portugal, and in particular Protocol 14 annexed thereto,
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 (1), as last amended by Regulation (EEC) No 1554/93 (2), and in particular Article 11 thereof,
Whereas Commission Regulation (EC) No 2150/94 (3) fixes the provisional reduction in the aid pending the adoption by the Council of the amendment to Council Regulation (EEC) No 1964/87 of 2 July 1987 adjusting the system of aid for cotton introduced by  Protocol 4 annexed to the Act of Accession of Greece (4), as last amended by Regulation (EC) No 2760/94 (5), in order to meet its commitment concerning the reduction in the maximum percentage reduction in the aid from 20 % to 18,5 %; whereas Regulation  (EEC) No 1964/87 was amended accordingly by Regulation (EC) No 2760/94; whereas, as a consequence, Regulation (EC) No 2150/94 should be amended to fix the definitive reduction for the 1994/95 marketing year;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Flax and Hemp,