31989R3305

No L 320/64 Official Journal of the European Communities 1 . 11 . 89

COMMISSION REGULATION (EEC) No 3305/89 of 31 October 198 9 fixing die aid for soya beans

THE COMMISSION OF THE EUROPEAN COMMUNITIES, favourable actual purchasing possibility, with the excep­ tion of offers and prices which may not be considered as representative of the actual market trend ; whereas Having regard to the Treaty establishing the European account is to be taken of offers made on the world market Economic Community, as well as the prices quoted on exchanges which are important in terms of international trade ; whereas, under Having regard to the Act of Accession of Spain and that Regulation, where the subsidy to be granted is fixed Portugal, in advance, the amount of such subsidy must be equal to the amount applicable on the day on which the applica­ tion for advance fixing was lodged, adjusted by the diffe­ Having regard to Council Regulation (EEC) No 1491 /85 rence between the target price valid on that day and the of 23 May 1985 laying down special measures in respect target price valid on the identification day ; whereas such of soya beans ('), as last amended by Regulation (EEC) No adjustment should involve increasing or reducing the 2217/88 (2), and in particular Article 2 (7) thereof, amount of subsidy applicable on the day on which the application was lodged by the corrective amount and the difference between the target prices mentioned in Article Having regard to Council Regulation (EEC) No 2286/88 33 of Commission Regulation (EEC) No 2537/89 of 8 of 19 July 1988 providing for the granting of special aid August 1989 laying down detailed rules for the applica­ for soya beans produced and processed in Portugal (3), tion of the special measure for soya beans f) ;

Having regard to the opinion of the Monetary Committee, Whereas, pursuant to Regulation (EEC) No 2537/89, the Whereas, pursuant to Article 2 (1 ) of Regulation (EEC) No world market price is to be fixed per 100 kilograms and calculated on the basis of the most favourable offers and 1491 /85, aid is to be granted for soya beans harvested within the Community where the guide price for a quotations for delivery within 30 days following the date marketing year exceeds the world price ; whereas the said when the said offers and quotations were recorded ; aid is to be equal to the difference between those two prices ; Whereas, where the offers and quotations do not comply with the said conditions, the necessary adjustments must Whereas the guide price for soya beans for the 1989/90 be carried out, particularly those referred to in Article 40 marketing year was fixed by Council Regulation (EEC) of Regulation (EEC) No 2537/89 ; No 1 232/89 (4) ; 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 introduced in accordance with the provisions of para­ Whereas the abatement of the subsidy for soya beans graphs 2 and 3 of the said Articles from the beginning of which arises from the system of maximum guaranteed the 1986/87 marketing year ; quantities for the 1989/90 marketing year has been fixed by Commission Regulation (EEC) No 3303/89 (8) ;

Whereas, pursuant to Article of Regulation (EEC) No 2286/88, soya beans produced and processed in Portugal shall be eligible for special aid equal to the difference Whereas, if the said system is to operate normally, aid between the guide price for such beans in Portugal and should be calculated on the following basis : the price of imported soya beans ;

— in the case of currencies which are maintained in rela­ Whereas, pursuant to Council Regulation (EEC) No tion to each other at any given moment within a band 2194/85 of 25 July 1985 adopting general rules concer­ of 2,25 %, a rate of exchange based on their central ning special measures for soya beans (*), as last amended rate, multiplied by the corrective factor provided for in by Regulation (EEC) No 1231 /89 (*), the world price for the last paragraph of Article 3 (1 ) of Council Regula­ soya beans is to be determined on the basis of the most tion (EEC) No 1676/85 (9), as last amended by Regula­ tion (EEC) No 1636/87 (10), (') OJ No L 151 , 10. 6. 1985, p. 15. (2) OJ No L 197, 26. 7. 1988 , p. 11 . (3) OJ No L 201 , 27. 7. 1988 , p. 2. f) OJ No L 245, 22. 8 . 1989, p. 8 . (4) OJ No L 128, 11 . 5. 1989, p. 26. (8) See page 60 of this Official Journal. 0 OJ No L 204, 2. 8 . 1985, p. 1 . (') OJ No L 164, 24. 6. 1985, p. 1 . <) OJ No L 128, 11 . 5. 1989, p. 24. (1#) OJ No L 153, 13. 6. 1987, p. 1 .

1 . 11 . 89 Official Journal of the European Communities No L 320/65

— for other currencies, an exchange rate based on the HAS ADOPTED THIS REGULATION : arithmetic mean of the spot market rates of each of these currencies recorded over a given period in rela­ Article 1 tion to the Community currencies referred to in the previous indent, and the aforesaid coefficient ; The amount of the aid provided for in Article 2 for in Whereas the aid shall be fixed as often as the market situ­ Regulation (EEC) No 1491 /85 and the amount of the special aid provided for in Article 1 of Regulation (EEC) ation so requires and so that it can be applied at least No 2286/88 in the case of Portugal shall be as set out in twice a month, one of which times shall be from the first the Annex hereto. day of each month ;

Whereas it follows from applying these provisions to the Article 2 offers and quotations known to the Commission that the subsidy on soya beans should be as set out in this Regula­ This Regulation shall enter into force on 1 November tion, 1989 .

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

Done at Brussels, 31 October 1989.

For the Commission Ray MAC SHARRY Member of the Commission

No L 320 /66 Official Journal of the European Communities 1 . 11 . 89

ANNEX

to the Commission Regulation of 31 October 1989 fixing die aid for soya beans

(ECU/100 kg) Seed harvested in

another Member Spain Portugal State

Seed processed in current period — Spain 0,000 25,902 25,902 — Portugal 17,975 25,902 0 25,902 — another Member State 17,975 25,902 25,902

Seed processed in first period — Spain 0,000 25,942 25,942 — Portugal 18,015 25,942 0 25,942 — another Member State 18,015 25,942 25,942

Seed processed in second period — Spain 0,000 . 25,862 25,862 — Portugal 17,935 25.862Q 25,862 — another Member State 17,935 25,862 25,862

Seed processed in third period — Spain 0,000 25,643 25,643 — Portugal 17,716 25,643 0 25,643 — another Member State 17,716 25,643 25,643

Seed processed in fourth period — Spain 0,000 25,603 25,603 — Portugal 17,676 25,603 0 25,603 — another Member State 17,676 25,603 25,603

ft Seed processed in fifth period — Spain 0,000 25,944 25,944 — Portugal 18,017 25,944 0 25,944 — another Member State 18,017 • 25,944 25,944

(*) Special aid.