NoL142/8 OfficialJournaloftheEuropeanCommunities 6.6.80
COMMISSION REGULATION (EEC)No1415/80
of5June1980
fixingtheexportrefundsonmalt
Whereasitfollowsfromapplyingthesedetailedrules
tothepresentsituationonthemarketinproducts
processedfromcerealsandricethattheexportrefund
shouldbefixedatanamountwhichwillcoverthe
differencebetweenCommunitypricesandworld
marketprices;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof225%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorganiza­
tionofthemarketincereals(1),aslastamendedby
Regulation (EEC)No1547/79(2),andinparticularthe
fourthsubparagraph ofArticle16(2)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16ofRegulation (EEC)No2727/75
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthoseRegulationsandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds('■),
providesthatwhenrefundsarebeingfixedaccount
mustbetakenoftheexistingsituationandthefuture
trendwithregardtopricesandavailabilitiesofcereals
ontheCommunitymarketontheonehandand
pricesforcerealsandcerealproductsontheworld
marketontheother;whereasthesameArticle
providesthatitisalsoimportanttoensureequili­
briumandthenaturaldevelopment ofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomicaspectoftheproposedexports,
andtheneedtoavoiddisturbances ontheCommu­
nitymarket;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation (EEC)No2245/78(5),
definesthespecificcriteriatobetakenintoaccount
whentherefundontheseproductsisbeingcalcu­
lated;HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle 1(d)of
Regulation (EEC)No2727/75subjecttoRegulation
(EEC)No2744/75shallbeassetoutintheAnnex
hereto.
C)OJNoL281,1.11.1975,p.1.
(2)OJNoL188,26.7.1979,p.1.Article2
ThisRegulationshallenterintoforceon6June1980.(3)OJNoL281,1.11.1975,p.78.
(«)OJNoL281,1.11.1975,p.65.
5OJNoL273,29.9.1978.p.1.

6.6.80 OfficialJournaloftheEuropeanCommunities NoL142/9
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,5June1980.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof5June1980fixingtheexportrefundsonmalt
(ECU/tonne)
CCTheadingNo Refund
11.07AIb) 79.80
11.07AIIb) 99.18
11.07B 115-58