31986R0529

1 . 3 . 86 Official Journal of the European Communities No L 55/ 5

COMMISSION REGULATION ( EEC) No 529/86 of 28 February 1986 fixing the aid for soya beans

THE COMMISSION OF THE EUROPEAN COMMUNITIES, world market price is to be fixed per 100 kilograms and calculated on the basis of the most favourable offers and quotations for delivery within 30 days following the date Having regard to the Treaty establishing the European when the said offers and quotations were recorded ; Economic Community,

Whereas, where the offers and quotations do not comply Having regard to the Act of Accession of Spain and with the said conditions, the necessary adjustments must Portugal, be carried out, particularly those referred to in Article 2 of Regulation (EEC) No 2329/85 ;

Having regard to Council Regulation (EEC) No 1491 /85 Whereas, if the said system is to operate normally, aid of 23 May 1985 laying down special measures in respect should be calculated on the following basis : of soya beans ('), and in particular Article 2 (7) thereof,

— in the case of currencies which are maintained in rela­ Having regard to the opinion of the Monetary Committee, tion to each other at any given moment within a band of 2,25 % , a rate of exchange based on their central rate, multiplied by the corrective factor provided for in Whereas, pursuant to Article 2 ( 1 ) of Regulation (EEC) No the last paragraph of Article 3 ( 1 ) of Regulation (EEC) 1491 /85, aid is to be granted for soya beans harvested No 1676/85 0, within the Community where the guide price for a marketing year exceeds the world price ; whereas the said — for other currencies, an exchange rate based on the aid is to be equal to the difference between those two arithmetic mean of the spot market rates of each of prices ; these currencies recorded over a given period in rela­ tion to the Community currencies referred to in the previous indent, and the aforesaid coefficient ; Whereas the guide price for soya beans for the 1985/86 marketing year was fixed by Council Regulation (EEC) Whereas the aid rate applying during the marketing year No 1492/85 (2) ; whereas for Spain and for Portugal this shall be fixed twice a month in time to be applied from price was fixed by Council Regulation (EEC) No the first and the 16th day of each month ; 455/86 (3) ; whereas pursuant to Articles 95 (2) and 293 (2) of the Act of Accession of Spain and Portugal aid for soya beans harvested in these two Member States is to be intro­ Whereas it follows from applying these provisions to the duced from the beginning of the 1986/87 marketing offers and quotations known to the Commission that the year ; subsidy on soya beans should be as set out in this Regula­ tion ,

Whereas, pursuant to Council Regulation (EEC) No 2194/85 of 25 July 1985 adopting general rules concer­ ning special measures for soya beans (4), the world price for soya beans is to be determined on the basis of the HAS ADOPTED THIS REGULATION : most favourable actual purchasing possibility, with the exception of offers and prices which may not be consi­ dered as representative of the actual market trend ; whereas acccount is to be taken of offers made on the Article 1 world market as well as the prices quoted on exchanges which are important in terms of international trade ; The aid referred to in Article 2 of Regulation (EEC) No 1491 /85 is hereby fixed at 35,989 ECU per 100 kilograms in the Member States of the Community as constituted on Whereas, pursuant to Commission Regulation (EEC) No 31 December 1985 . 2329/85 of 12 August 1985 laying down detailed rules for the application of the special measures for soya beans (*), as last amended by Regulation (EEC) No 3761 /85 (6), the Article 2 (') OJ No L 151 , 1U . 6. 1 7oj , p. (2) OJ No L 151 , 10 . 6. 1985, p. 17. (3) OJ No L 53, 1 . 3 . 1986. This Regulation shall enter into force on 1 March 1986. (4) OJ No L 204, 2. 8 . 1985, p. 1 . (*) OJ No L 218 , 15. 8 . 1985, p . 16. (*) OJ No L 356, 31 . 12. 1985, p . 66. 0 OJ No L 164, 24. 6 . 1985, p. 1 .

No L 55/6 Official Journal of the European Communities 1 . 3 . 86

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 28 February 1986.

For the Commission Frans ANDRIESSEN Vice-President