NoL49/28 OfficialJournaloftheEuropeanCommunities 27.2.86
COMMISSION REGULATION (EEC)No433/86
of26February1986
fixingcertainexportrefundsoncereals
withtheprocedurelaiddowninArticle11ofCommis­
sionRegulation (EEC)No2042/75(*);whereasthose
applicationshavebeenapproved,andtheexportlicences
issuedfollowingtheapprovalqualifyfortherefundfixed
inadvanceupto31July1986;
Whereastheconditionsobtainingontheworldmarket
havechangedconsiderablysincethatdateasaresultof
strongAmericancompetitiononcertaintraditional
Communitymarkets;whereasthatcompetitionhas
resultedinaverysharpfallinworldprices,whichare
traditionallydominatedbytheUnitedStates;
WhereasArticle34oftheThirdACP-EECConvention
providesthattheCommissionwillundertaketoensure
thatrefundscanbefixedfurtherinadvanceforexportsto
theACPStatesinrespectofarangeofproductsavailable
intheCommunityandrequiredbythoseStates;whereas
thatprovisionisdictatedbytheideaofpreferentialagree­
mentsbetweentheCommunityandtheACPStateswith
aviewtoensuringtheirfoodsecurity;
Whereasthepresentsituationontheworldmarketleads
theCommissiontofixhighrefundsforcommonwheat,
andtheACPStateswhichsecuredsuppliesatthebegin­
ningofthemarketingyearatafixedpriceforawhole
yeararenoteligibleforsuchrefundsinviewoftherules
fortheadvancefixingofrefunds;
Whereassucharefundcanonlyapplytolicencesin­
volvingadvancefixingoftherefundwithspecialvalidity
greaterthannormalandinrespectofthesupplyof
certainACPcountries;
Whereasthisincreaseoftherefundshallbenefitonlythe
importcountries;
WhereastheManagementCommitteeforCerealshasnot
deliveredanopinionwithinthetime-limitsetbyits
chairman,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No3768/85(2),andinparticularthefourthsubparagraph
ofArticle16(2)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16ofRegulation (EEC)No2727/75
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thatRegulationandpricesforthoseproductsinthe
Communitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
2746/75of29October1975layingdowngeneralrulesfor
grantingexportrefundsoncerealsandcriteriaforfixing
theamountofsuchrefunds(3),providesthatwhen
refundsarebeingfixed,accountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehand,andpricesforcerealsandcereal
productsontheworldmarketontheother;whereasthe
sameArticleprovidesthatitisalsoimportanttoensure
equilibriumandthenaturaldevelopmentofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomicaspectoftheproposedexportsand
theneedtoavoiddisturbancesontheCommunity
market;
WhereasArticle3ofRegulation (EEC)No2746/75
definesthespecificcriteriatobetakenintoaccountwhen
therefundoncerealsisbeingcalculated;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessaryto
varytherefundforcertainproductsaccordingtodestina­
tion;
WhereasCommissionRegulation(EEC)No2214/85(4)
fixedfrom2August1985adifferentrefundof42ECU
pertonneforcommonwheatforexportstoZoneVa)
countriesasdefinedinAnnexItoCommissionRegula­
tion(EEC)No1124/770;
Whereasduringthisperiodapplicationsforexport
licencesforcommonwheatwerelodgedinaccordanceHASADOPTEDTHISREGULATION :
Article1
1.Therefundfixedinadvanceforexportlicences,
applicationsforwhichwerelodgedbetween2Augustand
8August1985withadvancefixingoftherefundfor0OJNoL281,1.11.1975,p.1.0OJNoL362,31.12.1985,p.8.
(3),OJNoL281,1.11.1975,p.78.
(«)OJNoL204,2.8.1985,p.38.0OJNoL134,28.5.1977,p.53. OJNoL213,11.8.1975,p.5.

27.2.86 OfficialJournaloftheEuropeanCommunities NoL49/29
commonwheattobeexportedtoZoneVa)countriesas
definedinAnnexItoRegulation(EEC)No1124/77and
issuedinaccordancewiththeprocedurelaiddownin
Article11ofRegulation(EEC)No2042/75shallbe
increasedby20ECUpertonne.
2.Theincreaseintherefundreferredtoinparagraph1
shallapplyonlytoquantitiesinrespectofwhichthe
customsformalitiesreferredtointhefirstandfourthindentsofArticle22(1)(b)ofCommissionRegulation
(EEC)No3183/80(')havebeencompletedasfrom7
February..1986.
Article2
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26February1986.
FortheCommission
FransANDRIESSEN
Vice-President
(')OJNoL338,13.12.1980,p.1.