NoL124/40 OfficialJournaloftheEuropeanCommunities 11.5.84
COMMISSION REGULATION (EEC)No1297/84
of10May1984
fixingtheexportrefundsonmalt
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
Regulation(EEC)No1451/82(2),andinparticularthe
fourthsubparagraphofArticle16(2)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,definesthespecificcriteriatobetakenintoaccount
whentherefundontheseproductsisbeingcalcu­
lated;
Whereasitfollowsfromapplyingthesedetailedrules
tothepresentsituationonthemarketinproducts
processedfromcerealsandricethattheexportrefund
shouldbefixedatanamountwhichwillcoverthe
differencebetweenCommunitypricesandworld
marketprices;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessary
tovarytherefundforcertainproductsaccordingto
destination ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2,25%,arateofexchangebasedon
theircentralrate,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforCereals,WhereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthoseRegulationsandpricesforthose
productswithintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds(3),providesthat
whenrefundsarebeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­
nitymarketontheonehandandpricesforcerealsand
cerealproductsontheworldmarketontheother;
whereasthesameArticleprovidesthatitisalsoimpor­
tanttoensureequilibriumandthenaturaldevelop­
mentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexports,andtheneedtoavoiddistur­
bancesontheCommunitymarket;HASADOPTED THISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle1(d)of
Regulation (EEC)No2727/75subjecttoRegulation
(EEC)No2744/75shallbeassetoutintheAnnex
hereto.WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice("),as
lastamendedbyRegulation (EEC)No414/83(5),
(')OJNoL281,1.11.1975,p.1.
(2)OJNoL164,14.6.1982,p.1.
(3)OJNoL281,1.11.1975,p.78.Article2
ThisRegulationshallenterintoforceon11May1984.(4)OJNoL281,1.11.1975,p.65.
OOJNoL51,24.2.1983,p.1.

11.5.84 OfficialJournaloftheEuropeanCommunities NoL124/41
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,10May1984.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof10May1984fixingtheexportrefundsonmalt
(ECU/tonne)
CCTheadingNo Refund
11.07AIb)
11.07AIIb)
11.07B34,58
71,82
83,70