25.2.77 OfficialJournaloftheEuropeanCommunities NoL53/19
COMMISSION REGULATION (EEC)No382/77
of24February1977
fixingtheexportrefundsonmalt
productsprocessedfromcerealsandricethatthe
exportrefundshouldbefixedatanamountwhich
willcoverthedifferencebetweenCommunityprices
andworldmarketprices;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof225%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorganiza­
tionofthemarketincereals('),aslastamendedby
Regulation(EEC)No3138/76(2),andinparticularthe
fourthsubparagraph ofArticle16(2)thereof;
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16ofRegulation (EEC)No2727/75
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthoseRegulationsandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(3),
providesthatwhenrefundsarebeingfixedaccount
mustbetakenoftheexistingsituationandthefuture
trendwithregardtopricesandavailabilitiesofcereals
ontheCommunitymarketontheonehandand
pricesforcerealsontheworldmarketontheother;
whereasthesameArticleprovidesthatitisalsoimpor­
tanttoensureequilibriumandthenaturaldevelop­
mentofpricesandtradeonthemarketsincereals
and,furthermore ,totakeintoaccounttheeconomic­
aspectoftheproposedexports,andtheneedtoavoid
disturbancesontheCommunitymarket;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
amendedbyRegulation (EEC)No832/76(5),defines
thespecificcriteriatobetakenintoaccountwhenthe
refundontheseproductsisbeingcalculated ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinHASADOPTED THISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle 1(d)of
Regulation (EEC)No2727/75subjecttoRegulation
(EEC)No2744/75areherebyfixedasshowninthe
AnnextothisRegulation .
Articlc2
ThisRegulationshallenterintoforceon25February
1977.(')OJNoL281,1.11.1975,p.1.
(:)OJNoL354,24.12.1976,p.1.
(J)OJNoL281,I.11.1975,p.78.
(■•)OJNoL281,1.11.1975,p.65.
(5)OJNoL100,14.4.1976,p.1.

NoL53/20 OfficialJournaloftheEuropeanCommunities 25.2.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24February1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommission Regulationof24February1977fixingtheexportrefundsonmalt
(u.a./tonne)
CCT
heading
NoDescriptionofgoods Refund
11.07AIa) Unroastedmalt,obtainedfromwheat,intheformofflour 98.97
11.07AIb) Unroastedmalt,obtainedfromwheat,otherthanintheformofflour—
11.07AIIa) Unroastedmalt,otherthanthatobtainedfromwheat,intheformofflour 46.89
11.07Alib) Unroastedmalt,otherthanthatobtainedfromwheat,otherthanintheformofflour 53.00
11.07B Roastedmalt 61.77