31990R0268

1 . 2. 90 No L 30/37 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 268/90 of 31 January 1990 fixing the aid for soya beans

THE COMMISSION OF THE EUROPEAN COMMUNITIES, tion of offers and prices which may not be considered as representative of the actual market trend ; whereas account is to be taken of offers made on the world market Having regard to the Treaty establishing the European as well as the prices quoted on exchanges which are - Economic Community, important in terms of international trade ; whereas, under that Regulation, where the subsidy to be granted is fixed Having regard to the Act of Accession of Spain and in advance, the amount of such subsidy must be equal to Portugal, the amount applicable on the day on which the applica­ tion for advance fixing was lodged, adjusted by the diffe­ rence between the target price valid on that day and the Having regard to Council Regulation (EEC) No 1491 /85 target price valid on the identification day ; whereas such of 23 May 1985 laying down special measures in respect adjustment should involve increasing or reducing the of soya beans ('), as last amended by Regulation (EEC) No amount of subsidy applicable on the day on which the 2217/88 (2), and in particular Article 2 (7) thereof, 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 Q, as amended by Regulation (EEC) No 150/90 (8); 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 1491 /85, aid is to be granted for soya beans harvested calculated on the basis of the most favourable offers and 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 Whereas the guide price for soya beans for the 1989/90 with the said conditions, the necessary adjustments must marketing year was fixed by Council Regulation (EEC) be carried out, particularly those referred to in Article 40 No 1232/89 (4); whereas, pursuant to Articles 95 (2) and of Regulation (EEC) No 2537/89 ; 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 (9) ; - 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 2194/85 of 25 July 1985 adopting general rules concer­ tion to each other at any given moment within a band of 2,25 % , a rate of exchange based on their central ning special measures for soya beans f5), as last amended rate, multiplied by the corrective factor provided for in by Regulation (EEC) No 1231 /89 (f), 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 favourable actual purchasing .possibility, with the excep tion (EEC) No 1 676/85 (10), as last amended by Regu­ lation (EEC) No 1636/87 (n),

(') OJ No L 151 , 10. 6. 1985, p. 15. R OJ No L 197, 26. 7. 1988, p. 11 . O OJ No L 245, 22. 8 . 1989, p. 8 . 0 OJ No L 201 , 27. 7. 1988, p. 2. (8) OJ No L 18 , 23 . 1 . 1990, p. 10 . («) OJ No L 128, 11 . 5. 1989, p. 26. (9) OJ No L 320, 1 . 11 . 1989, p. 60 . 0 OJ No L 204, 2. 8 . 1985, p. 1 . (10) OJ No L 164, 24. 6. 1985, p. 1 . (4 OJ No L 128, 11 . 5. 1989, p. 24. (11) OJ No L 153, 13 . 6. 1987, p. 1 .

No L 30/38 1 . 2. 90 Official Journal of the European Communities

HAS ADOPTED THIS REGULATION : — for other currencies, an exchange rate based on the 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 ation so requires and so that it can be applied at least special aid provided for in Article 1 of Regulation (EEC) twice a month, one of which times shall be from the first No 2286/88 in the case of Portugal shall be as set out in day of each month ; the Annex hereto .

Whereas it follows from applying these provisions to the offers and quotations known to the Commission that the Article 2 subsidy on soya beans should be as set out in this Regula­ tion, This Regulation shall enter into force on 1 February 1990.

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

Done at Brussels, 31 January 1990.

For the Commission Ray MAC SHARRY Member of the Commission

1 . 2 . 90 No L 30/39 Official Journal of the European Communities

ANNEX

to the Commission Regulation of 31 January 1990 fixing the aid for soya beans

(ECU/100 kg)

Seed harvested in

another Member Spain Portugal State

Seed processed in current period 1

— Spain 0,000 27,824 27,824 — Portugal 19,897 27,824 0 27,824 — another Member State 19,897 27,824 27,824

Seed processed in first period — Spain 0,000 27,837 : 27,837 — Portugal 19,910 27,837 0 27,837 — another Member State 19,910 27,837 27,837

Seed processed in second period — Spain 0,000 28,193 28,193 — Portugal 20,266 28,193 0 28,193 — another Member State 20,266 28,193 28,193

Seed processed in third period — Spain 0,000 28,509 28,509 — Portugal 20,582 28,509 (*) 28,509 — another Member State 20,582 28,509 28,509

Seed processed in fourth period — Spain 0,000 28,500 28,500 — Portugal 20,573 28,500 0 28,500 — another Member State 20,573 28,500 28,500

Seed processed in fifth period — Spain 0,000 28,500 28,500 — Portugal 20,573 28,500 0 28,500 — another Member State 20,573 28,500 28,500

0 Special aid.