31990R1478

No L 140/72 1 . 6 . 90 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 1478/90 of 31 May 1990 fixing the aid for soya beans

THE COMMISSION OF THE EUROPEAN COMMUNITIES, soya beans is to be determined on the basis of the most favourable actual purchasing possibility, with the excep­ tion of offers and prices which may not be considered as Having regard to the Treaty establishing the European representative of the actual market trend ; whereas Economic Community, account is to be taken of offers made on the world market as well as the prices quoted on exchanges which are Having regard to the Act of Accession of Spain and important in terms of international trade ; whereas, under Portugal, that Regulation, where the subsidy to be granted is fixed in advance, the amount of such subsidy must be equal to Having regard to Council Regulation (EEC) No 1491 /85 the amount applicable on the day on which the applica­ of 23 May 1985 laying down special measures in respect tion for advance fixing was lodged, adjusted by the diffe­ of soya beans ('), as last amended by Regulation (EEC) No rence between the target price valid on that day and the 2217/88 (2), and in particular Article 2 (7) thereof, target price valid on the identification day ; whereas such adjustment should involve increasing or reducing the amount of subsidy applicable on the day on which the Having regard to Council Regulation (EEC) No 2286/88 application was lodged by the corrective amount and the of 19 July 1988 providing for the granting of special aid difference between the target prices mentioned in Article for soya beans produced and processed in Portugal (3), 33 of Commission Regulation (EEC) No 2537/89 of 8 August 1989 laying down detailed rules for the applica­ Having regard to the opinion of the Monetary Committee, tion of the special measure for soya beans (8), as amended by Regulation (EEC) No 1 50/90 H ; Whereas, pursuant to Article 2 (1 ) of Regulation (EEC) No 1491 /85, aid is to be granted for soya beans harvested Whereas, pursuant to Regulation (EEC) No 2537/89, the within the Community where the guide price for a marketing year exceeds the world price ; whereas the said world market price is to be fixed per 100 kilograms and calculated on the basis of the most favourable offers and aid is to be equal to the difference between those two quotations for delivery within 30 days following the date prices ; when the said offers and quotations were recorded ;

Whereas the guide price for soya beans for the 1989/90 marketing year was fixed by Council Regulation (EEC) Whereas, where the offers and quotations do not comply No 1232/89 (4) and for the 1990/91 marketing year by with the said conditions, the necessary adjustments must Council Regulation (EEC) No 1319/90 Q ; whereas, be carried out, particularly those referred to in Article 40 pursuant to Articles 95 (2) and 293 (2) of the Act of of Regulation (EEC) No 2537/89 ; 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 paragraphs 2 and 3 Whereas the abatement of the subsidy for soya beans of the said Articles from the beginning of the 1986/87 which arises from the system of maximum guaranteed marketing year ; quantities for the 1989/90 marketing year has been fixed by Commission Regulation (EEC) No 3303/89 (10) ; 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 the abatement of the subsidy which arises, where between the guide price for such beans in Portugal and appropriate, from the system of maximum guaranteed the price of imported soya beans ; quantities for the 1990/91 marketing year, has not yet been fixed ; whereas the amount of the subsidy for the Whereas, pursuant to Council Regulation (EEC) No 1990/91 marketing year has been calculated provisionally 2194/85 of 25 July 1985 adopting general rules concer­ on the basis of the abatement for the 1989/90 marketing ning special measures for soya beans (s), as last amended year ; by Regulation (EEC) No 1231 /89 f), the world price for

(') OJ No L 151 , 10. 6. 1985, p. 15. Whereas, if the said system is to operate normally, aid (2) OJ No L 197, 26. 7. 1988, p. 11 . should be calculated on the following basis : M OJ No L 201 , 27. 7. 1988, p. 2. (4) OJ No L 128 , 11 . 5. 1989, p. 26. (4 OJ No L 132, 23. 5. 1990, p. 13. (8) OJ No L 245, 22. 8 . 1989, p. 8 . (6) OJ No L 204, 2. 8 . 1985, p. 1 . 0 OJ No L 18 , 23. 1 . 1990, p. 10 . 0 OJ No L 128 , 11 . 5. 1989, p. 24. (10) OJ No L 320, 1 . 11 . 1989, p. 60 ,

1 . 6 . 90 No L 140/73 Official Journal of the European Communities

in the case of currencies which are maintained in rela­ subsidy on soya beans should be as set out in this Regula­ tion to each other at any given moment within a band tion, of 2,25 % , a rate of exchange based on their central rate, multiplied by the corrective factor provided for in HAS ADOPTED THIS REGULATION : the last paragraph of Article 3 (1 ) of Council Regula­ tion (EEC) No 1676/85 ('), as last amended by Regula­ Article 1 tion (EEC) No 1636/87 (2),

for other currencies, an exchange rate based on the 1 . The amount of the aid provided for in Article 2 for arithmetic mean of the spot market rates of each of in Regulation (EEC) No 1491 /85 and the amount of the these currencies recorded over a given period in rela­ special aid provided for in Article 1 of Regulation (EEC) tion to the Community currencies referred to in the No 2286/88 in the case of Portugal shall be as set out in previous indent, and the aforesaid coefficient ; the Annex hereto .

2. However, the amount of the subsidy in the case of Whereas the aid shall be fixed as often as the market situ­ advance fixing for the 1990/91 marketing year for soja ation so requires and so that it can be applied at least beans, will be confirmed or replaced as from 1 June 1990 twice a month, one of which times shall be from the first to take into account, where appropriate, of the application day of each month ; of maximum guaranteed quantities.

Article 2 Whereas it follows from applying these provisions to the offers and quotations known to the Commission that the This Regulation shall enter into force on 1 June 1990 .

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

Done at Brussels, 31 May 1990.

For the Commission Ray MAC SHARRY Member of the Commission

(>) OJ No L 164, 24. 6. 1985, p. 1 . (2) OJ No L 153, 13 . 6. 1987, p. 1 .

No L 140/74 1 . 6 . 90 Official Journal of the European Communities

ANNEX

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

(ECU/100 kg)

Seed harvested in

another Member Spain Portugal State

Seed processed in current period — Spain 0,000 28,354 28,354 — Portugal 20,427 28,354 0 28,354 — another Member State 20,427 28,354 28,354

Seed processed in first period — Spain 0,000 28,413 28,413 — Portugal 20,486 28,413 0 28,413 — another Member State 20,486 28,413 28,413

Seed processed in second period \

— Spain 0,000 28,178 28,178 — Portugal 20,251 28,178 0 28,178 — another Member State 20,251 28,178 28,178

Seed processed in third period (') \ \

— Spain 0,000 28,013 28,013 — Portugal 20,086 28.013Q 28,013 — another Member State 20,086 28,013 28,013

Seed processed in fourth period (') : — Spain 0,000 27,497 27,497 — Portugal 19,570 27,497 (*} 27,497 — another Member State 19,570 27,497 27,497

Seed processed in fifth period (') — Spain 0,000 27,497 27,497 — Portugal 19,570 27,497 0 27,497 — another Member State 19,570 27,497 27,497

(*) Special aid. (') Subject, in cases of advance fixing for the 1990/91 marketing year, to application of maximum guaranteed quan­ tity arrangements for that marketing year.