NoL80/8 OfficialJournaloftheEuropeanCommunities 26.3.82
COMMISSION REGULATION (EEC)No689/82
of25March1982
fixingtheexportrefundsonmalt
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
Regulation(EEC)No3808/81(2),
HavingregardtotheopinionoftheMonetary
Committee ,whentherefundontheseproductsisbeingcalcu­
lated;
Whereasitfollowsfromapplyingthesedetailedrules
tothepresentsituationonthemarketinproducts
processedfromcerealsandricethattheexportrefund
shouldbefixedatanamountwhichwillcoverthe
differencebetweenCommunitypricesandworld
marketprices;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessary
tovarytherefundforcertainproductsaccordingto
destination ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theircentralrate,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedfor.agivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
WhereastheManagementCommitteeforCerealshas
notdeliveredanopinionwithinthetimelimitsetby
itschairman,WhereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthoseRegulationsandpricesforthose
productswithintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
2746/75of29October1975layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds(3),providesthat
whenrefundsarebeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­
nitymarketontheonehandandpricesforcerealsand
cerealproductsontheworldmarketontheother;
whereasthesameArticleprovidesthatitisalsoim­
portanttoensureequilibriumandthenaturaldevelop­
mentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexports,andtheneedtoavoiddisturb­
ancesontheCommunitymarket;HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle1(d)of
Regulation(EEC)No2727/75subjecttoRegulation
(EEC)No2744/75shallbeassetoutintheAnnex
hereto.WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation(EEC)No1783/81(*),
definesthespecificcriteriatobetakenintoaccount
(')OJNoL281,1.11.1975,p.1. Article2
(2)OJNoL382,31.12.1981,p.37.
(3)OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.hOJNoL176,1.7.1981,p.10.ThisRegulationshallenterintoforceon26March
1982.

26.3.82 OfficialJournaloftheEuropeanCommunities NoL80/9
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,25March1982.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof25March1982fixingtheexportrefundsonmalt
(ECU/tonne)
CCTheadingNo Refund
11.07AIb) 66-50
11.07AIIb) 67-47
11.07B 78-63