No L 170/42 Official Journal of the European Communities 3.7.90 COMMISSION REGULATION (EEC) No 1870/90 of 2 July 1990 determining the guide price for flax seed and the aid for hemp seed fixed in ecus by the Council and reduced as a result of the monetary realignment of 5 January THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic -Community, Having regard to the Act of Accession of Spain and Portugal, Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in agriculture ('), as last amended by Regulation (EEC) No 1889/87 (%), and in particular Article 6 (3) thereof, Whereas Commission Regulation (EEC) No 784/90 of 29 March 1996 fixing the reducing coefficient for agricultural - prices in the 1990/91 marketing year as a result of the monetary realignment of § January 1990 and amending the prices and amounts fixed in ecus for that marketing year (%) establishes a list of prices and amounts in the oils and fat sector which are divided by 1,001712 from the 1990/91 ‘marketing year under the arrangements for the automatic - dismantlement of negative monetary gaps; whereas Article 3 of Regulation -(EEC) No 784/90 provides that the resulting reduction- in particular in the prices and amounts fixed in ecus by the Council for the 1990/91 marketing year should be specified and the value - of those reduced prices and amounts should be fixed; Whereas for the 1990/91 marketing year the price of flax seed was fixed by Council Regulation (EEC) No 1315/90 (%) ; whereas the aid for hemp seed was fixed by Council Regulation (EEC) No 1316/90 () ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Qils and Fats, HAS ADOPTED THIS REGULATION : Article 1. The guide price for flax seed and the aid for hemp seed fixed in ecus by the Council for the 1990/91 marketing year and reduced. pursuant to Article 2 of Regulation (EEC) No 784/90 shall be: (a) guide price for flax seed: — in Spain: ECU 50,55 per 100 kilograms, — in the other Member States : ECU 55,32 per 100 kilograms ; (b) aid for hemp seed: ECU 24,96 per 100 kilograms. Article 2 This Regulatnon shall enter into force on the day of its publication in the Official Journal of the European Communities. It shall apply from the 1990/91 marketing year. This Regulation: shall be bmdmg in its entirety and directly applicable ‘in all Member States. Done at Brussels, 2 July 1990. () OJ No L 164, 24. 6. 1985, P 6. () OJ No L 182, 3. 7. 1987, p. () OJ No L 83,-30. 3. 1990, p. 102 () OJ No L 132, 23. 5. 1990, p. 7. () OJ No L 132, 23. 5. 1990, p. 8. For the Commission Ray MAC SHARRY Member of the Commission