15.7.88OfficialJournaloftheEuropeanCommunities NoL184/47
COMMISSION REGULATION (EEC)No2101/88
of14July1988
fixingtheexportrefundsonmalt
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation(EEC)No1906/870,definesthe
specificcriteriatobetakenintoaccountwhentherefund
ontheseproductsisbeingcalculated;
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinproductsprocessed
fromcerealsandricethattheexportrefundshouldbe
fixedatanamountwhichwillcoverthedifference
betweenCommunitypricesandworldmarketprices;HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No1097/88(2),andinparticularthefourthsubparagraph
ofArticle16(2)thereof,whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessaryto
varytherefundforcertainproductsaccordingtodestin­
ation;
HavingregardtotheopinionoftheMonetaryCommittee,Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
whereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thoseRegulationsandpricesforthoseproductswithin
theCommunitymaybecoveredbyanexportrefund;—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/870,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient;WhereasArticle2ofCouncilRegulation(EEC)No
2746/75of29October1975layingdowngeneralrulesfor
grantingexportrefundsoncerealsandcriteriaforfixing
theamountofsuchrefunds(3),providesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehandandpricesforcerealsandcereal
productsontheworldmarketontheother;whereasthe
sameArticleprovidesthatitisalsoimportanttoensure
equilibriumandthenaturaldevelopmentofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomicaspectoftheproposedexports,and
theneedtoavoiddisturbancesontheCommunity
market;Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredinftheinterveningperiod;
Whereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;,whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;WhereasCouncilRegulation(EEC)No2744/75of29
October1975onthe1importandexportsystemfor
(')OJNoL281,1.11.1975,p.1.
(2)OJNoL110,29.4.1988,p.7.
(3)OJNoL281,1.11.1975,p.78.(4)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.
(*)OJNoL164,24.6.1985,p.1.0OJNoL153,13.6.1987,p.1.

15.7.88 NoL184/48 OfficialJournaloftheEuropeanCommunities
WhereastheCouncilhasnottodateadoptedtheprices
forthe1988/89marketingyear,whichcommences
on1July1988;whereasthepricefactorsdetermined
byCommissionRegulation(EEC)No1914/88(')should
accordinglybetakenintoaccountforthecalculationof
therefundsinordertoensurethattheexportarrange­
mentscontinuetooperateinthesectorconcerned ;HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle1(d)ofRegu
lation(EEC)No2727/75subjecttoRegulation(EEC)N<
2744/75shallbeassetoutintheAnnexhereto.
TherefundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon15July1988.WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,14July1988.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof14July1988fixingtheexportrefundsonmalt
(ECU/tonne)
Productcode Refund
11071019000 30,00
11071099000 40,00
11072000000 60,00
NB:TheproductcodesandthefootnotesaredefinedinRegulation(EEC)No
3846/87asamended.
(')OJNoL168,1.7.1988,p.119.