31990R2534

1 . 9 . 90 Official Journal of the European Communities No L 237/77

COMMISSION REGULATION (EEC) No 2534/90 of 31 August 1990 fixing the aid for soya beans

THE COMMISSION OF THE EUROPEAN COMMUNITIES, between the guide price for such beans in Portugal and the price of imported soya beans ;

Having regard to the Treaty establishing the European Economic Community, Whereas, pursuant to Council Regulation (EEC) No 2194/85 of 25 July 1985 adopting general rules concer­ ning special measures for soya beans (% as last amended Having regard to the Act of Accession of Spain and by Regulation (EEC) No 1231 /89 f), the world price for Portugal, 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 Council Regulation (EEC) No 1491 /85 representative of the actual market trend ; whereas of 23 May 1985 laying down special measures in respect account is to be taken of offers made on the world market of soya beans ('), as last amended by Regulation (EEC) No as well as the prices quoted on exchanges which are 2217/88 (2), and in particular Article 2 (7) thereof, important in terms of international trade ; whereas, under 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 2286/88 the amount applicable on the day on which the applica­ of 19 July 1988 providing for the granting of special aid tion for advance fixing was lodged, adjusted by the diffe­ for soya beans produced and processed in Portugal (3), rence between the target price valid on that day and the target price valid on the identification day ; whereas such adjustment should involve increasing or reducing the Having regard to the opinion of the Monetary Committee, amount of subsidy applicable on the day on which the application was lodged by the corrective amount and the Whereas, pursuant to Article 2 (1 ) of Regulation (EEC) No difference between the target prices mentioned in Article 1491 /85, aid is to be granted for soya beans harvested 33 of Commission Regulation (EEC) No 2537/89 of 8 within the Community where the guide price for a August 1989 laying down detailed rules for the applica­ marketing year exceeds the world price ; whereas the said tion of the special measure for soya beans (8), as last aid is to be equal to the difference between those two amended by Regulation (EEC) No 2427/90 f); prices ; Whereas, pursuant to Regulation (EEC) No 2537/89, the world market price is to be fixed per 100 kilograms and Whereas the guide price for soya beans for the 1990/91 calculated on the basis of the most favourable offers and marketing year by Council Regulation (EEC) No quotations for delivery within 30 days following the date 1 319/90 ("*) ; whereas, pursuant to Articles 95 (2) and 293 when the said offers and quotations were recorded ; (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, where the offers and quotations do not comply graphs 2 and 3 of the said Articles from the beginning of with the said conditions, the necessary adjustments must the 1986/87 marketing year ; be carried out, particularly those referred to in Article 40 of Regulation (EEC) No 2537/89 ;

Whereas the prices fixed by the Council are to be reduced in accordance with Commission Regulation (EEC) No Whereas the abatement of the subsidy which arises, where 1756/90 of 27 June 1990 establishing the guide price appropriate, from the system of maximum guaranteed fixed in ecus by the Council in the soya bean sector and quantities for the 1990/91 marketing year, has not yet reduced as a result of the monetary realignment of 5 been fixed ; whereas the amount of the subsidy for the January 1990 0 ; 1990/91 marketing year has been calculated provisionally on the basis of the abatement for the 1989/90 marketing year ; Whereas, pursuant to Article of Regulation (EEC) No 2286/88 , soya beans produced and processed in Portugal Whereas, if the said system is to operate normally, aid shall be eligible for special aid equal to the difference should be calculated on the following basis :

(') OJ No L 151 , 10 . 6. 1985, p. 15. 0 OJ No L 197, 26. 7. 1988 , p. 11 . (6) OJ No L 204, 2. 8 . 1985, p. 1 . (3) OJ No L 201 , 27. 7. 1988 , p. 2. 0 OJ No L 128, 11 . 5. 1989, p. 24. (4) OJ No L 132, 23. 5. 1990, p. 13 . («) OJ No L 245, 22. 8 . 1989, p. 8 . 0 OJ No L 162, 28 . 6. 1990, p. 19 . 0 OJ No L 228, 22. 8 . 1990, p. 15.

No L 237/78 1 . 9. 90 Official Journal of the European Communities

— in the case of currencies which are maintained in rela­ HAS ADOPTED THIS REGULATION : tion to each other at any given moment within a band of 2,25 % , a rate of exchange based on their central Article 1 rate, multiplied by the corrective factor provided for in the last paragraph of Article 3 (1 ) of Council Regula­ tion (EEC) No 1676/85 ('), as last amended by Regula­ 1 . The amount of the aid provided for in Article 2 for tion (EEC) No 2205/90 0, in Regulation (EEC) No 1491 /85 and the amount of the — for the other currencies, an exchange rate based on an special aid provided for in Article 1 of Regulation (EEC) average of the ecus rates published in the 'C' series of No 2286/88 in the case of Portugal shall be as set out in the Official Journal of the European Communities the Annex hereto. over a period to be determined, multiplied by the 2. However, the amount of the subsidy in the case of factor referred to in the preceding indent ; advance fixing for the 1990/91 marketing year for soja Whereas the aid shall be fixed as often as the market situ­ beans, will be confirmed or replaced as from 1 September ation so requires and so that it can be applied at least 1990 to take into account, where appropriate, the applica­ twice a month, one of which times shall be from the first tion of maximum guaranteed quantities for this marke­ day of each month ; ting year.

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 September tion, 1990 .

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

Done at Brussels, 31 August 1990.

For the Commission Ray MAC SHARRY Member of the Commission

(') OJ No L 164, 24. 6. 1985, p. 1 . (2) OJ No L 201 , 31 . 7. 1990, p. 9.

1 . 9 . 90 Official Journal of the European Communities No L 237/79

ANNEX

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

i (ECU/100 kg) Seed harvested in

another Member i Spain Portugal State

Seed processed in current period — Spain 0,000 28,650 28,650 — Portugal 12,453 28,650 (*) 28,650 — another Member State 22,453 28,650 28,650

Seed processed in first period — Spain 0,000 28,234 28,234 — Portugal 22,037 28,234 0 28,234 — another Member State 22,037 28,234 28,234

Seed processed in second period (l) — Spain 0,000 28,234 28,234 — Portugal 22,037 28,234 0 28,234 — another Member State 22,037 28,234 28,234

Seed processed in third period (l) — Spain 0,000 28,317 28,317 — Portugal 22,120 28.317Q 28,317 — another Member State 22,120 28,317 28,317

Seed processed in fourth period (') — Spain 21,588 27,785 27,785 — Portugal 21,588 27,785 0 27,785 — another Member State 21,588 27,785 27,785

Seed processed in fifth period (') I

— Spain 21,372 27,569 27,569 — Portugal 21,372 27,569 0 27,569 — another Member State 21,372 27,569 27,569

(') 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.