NoL300/20 OfficialJournaloftheEuropeanCommunities 16.10.92
COMMISSION REGULATION (EEC)No2993/92
of15October1992
fixingtheexportrefundsonmalt
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No1738/92(2),andinparticularthefourthsubparagraph
ofArticle16(2)thereof,varytherefundforcertainproductsaccordingtodestin­
ation;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(6),aslastamendedbyRegula­
tion(EEC)No2205/900,
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecuratespublishedintheOfficial
JournaloftheEuropeanCommunities ,Cseries,over
aperiodtobedetermined,multipliedbythecoeffi­
cientreferredtointheprecedingindent;WhereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thoseRegulationsandpricesforthoseproductswithin
theCommunitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
2746/75of29October1975layingdowngeneralrulesfor
grantingexportrefundsoncerealsandcriteriaforfixing
theamountofsuchrefunds(3)providesthatwhenrefunds
arebeingfixedaccountmustbetakenoftheexisting
situationandthefuturetrendwithregardtopricesand
availabilitiesofcerealsontheCommunitymarketonthe
onehandandpricesforcerealsandcerealproductson
theworldmarketontheother;whereasthesameArticle
providesthatitisalsoimportanttoensureequilibrium
andthenaturaldevelopmentofpricesandtradeoncereal
marketsand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexports,andtheneedto
avoiddisturbancesontheCommunitymarket;Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
WhereasCouncilRegulation(EEC)No1432/92(8),as
amendedbyRegulation(EEC)No2015/92(9),prohibits
tradebetweentheCommunityandtheRepublicsof
SerbiaandMontenegro ;whereasthisprohibitiondoes
notapplytocertainsituationsasgiveninthelimitative
enumerationlaiddowninArticles2and3;whereasthis
shouldbetakenintoaccountwhenrefundsarefixed;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
HASADOPTED THISREGULATION :WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation(EEC)No1906/87(*),definesthe
specificcriteriatobetakenintoaccountwhentherefund
ontheseproductsisbeingcalculated;Article1
TheexportrefundsonmaltlistedinArticle1(d)ofRegu­
lation(EEC)No2727/75subjecttoRegulation(EEC)No
2744/75shallbeassetoutintheAnnexhereto.Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinproductsprocessed
fromcerealsandricethattheexportrefundshouldbe
fixedatanamountwhichwillcoverthedifference
betweenCommunitypricesandworldmarketprices;
Article2
ThisRegulationshallenterintoforceon16October
1992.Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessaryto
(')OJNoL281,1.11.1975,p.I.0OJNoL180,1.7.1992,p.I.
(3)OJNoL281,1.11.1975,p.78.(*)OJNoL164,24.6.1985,p.1.0OJNoL201,31.7.1990,p.9.
OOJNoL151,3.6.1992,p.4.
OOJNoL205,22.7.1992,p.2.(4)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.

16.10.92 OfficialJournaloftheEuropeanCommunities NoL300/21
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,15October1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof15October1992fixingtheexportrefundsonmalt
(ECU/tonne)
Productcode Refund(')
11071019000 95,00(')
11071099000 117,50(')
11072000000 137,50(■)
(')InviewofthelackofadecisionbytheCouncilontheCommission sproposal
COM(92)275of8July1992,theattentionofinterestedpartiesisdrawntothe
possibilitythat,foragri-monetary reasons,anadjustmentwillbemadeinthe
refundonexportsmadefrom1January1993.
NB:Theproductcodesandthefootnotesaredefinedinamended
CommissionRegulation(EEC)No3846/87.