CELEX: 31986R0276
Language: en
Date: 1986-02-07 00:00:00
Title: Commission Regulation (EEC) No 276/86 of 6 February 1986 fixing the export refunds on malt

No L 32/24                                  Official Journal of the European Communities                                     7. 2. 86
                                       COMMISSION REGULATION (EEC) No 276/86
                                                          of 6 February 1986
                                                 fixing the export refunds on malt
THE COMMISSION OF THE EUROPEAN                                        Whereas it follows from applying these detailed rules to
COMMUNITIES,                                                          the present situation on the market in products processed
                                                                      from cereals and rice that the export refund should be
                                                                      fixed at an amount which will cover the difference
                                                                      between Community prices and world market prices ;
Having regard to the Treaty establishing the European
Economic Community,
                                                                      Whereas the world market situation or the specific
                                                                      requirements of certain markets may make it necessary to
                                                                      vary the refund for certain products according to destina­
Having regard to Council Regulation (EEC) No 2727/75                  tion ;
of 29 October 1975 on the common organization of the
market in cereals ('), as last amended by Regulation (EEC)
No 3768/85 (2), and in particular the fourth subparagraph             Whereas, if the refund system is to operate normally,
of Article 16 (2) thereof,                                            refunds should be calculated on the following basis :
                                                                      — in the case of currencies which are maintained in rela­
                                                                             tion to each other at any given moment within a band
Having regard to the opinion of the Monetary Committee,                      of 2,25 % , a rate of exchange based on their central
                                                                             fate, multiplied by the corrective factor provided for in
                                                                             the last paragraph of Article 3 ( 1 ) of Council Regula­
                                                                             tion (EEC) No 1676/85 (6),
Whereas Article 16 of Regulation (EEC) No 2727/75
provides that the difference between quotations or prices             — for other currencies, an exchange rate based on the
on the world market for the products listed in Article 1 of                  arithmetic mean of the spot market rates of each of
those Regulations and prices for those products within                       these currencies recorded for a given period in rela­
the Community may be covered by an export refund ;                           tion to the Community currencies referred to in the
                                                                             previous indent and the aforesaid coefficient ;
                                                                      Whereas the refund must be fixed once a month ;
Whereas Article 2 of Council Regulation (EEC) No
                                                                      whereas it may be altered in the intervening period ;
2746/75 of 29 October 1975 laying down general rules for
granting export refunds on cereals and criteria for fixing
the amount of such refunds ('), provides that when                    Whereas the measures provided for in this Regulation are
refunds are being fixed account must be taken of the                   in accordance with the opinion of the Management
existing situation and the future trend with regard to                 Committee for Cereals,
prices and availabilities of cereals on the Community
market on the one hand and prices for cereals and cereal
products on the world market on the other ; whereas the
same Article provides that it is also important to ensure
equilibrium and the natural development of prices and                  HAS ADOPTED THIS REGULATION :
trade on cereal markets and , furthermore , to take into
account the economic aspect of the proposed exports, and
the need to avoid disturbances on the Community
market ;
                                                                                                   Article 1
                                                                       The export refunds on malt listed in Article 1 (d) of Regu­
Whereas Council Regulation ( EEC) No 2744/75 of 29                     lation (EEC) No 2727/75 subject to Regulation (EEC) No
October 1975 on the import and export system for                       2744/75 shall be as set out in the Annex hereto .
products processed from cereals and from rice (4), as last
amended by Regulation (EEC) No 1 027/ 84 (5), defines the
specific criteria to be taken into account when the refund
on these products is being calculated ;                                                            Article 2
 (■) OJ No L 281 , 1 . 11 . 1975, p. 1 .
 (2) OJ No L 362, 31 . 12. 1985, p. 8 .                                 This Regulation shall enter into force on 7 February 1986.
 (■') OJ No' L 281 , 1 . 11 . 1975, p. 78 .
 (4) OJ No L 281 , 1 . 11 . 1975, p. 65.
 0 OJ No L 107, 19. 4. 1984, p. 15.                                     («•) OJ No L 164, 24. 6 . 1985, p. 1 .
 ---pagebreak--- 7. 2. 86                    Official Journal of the European Communities                            No L 32/25
         This Regulation shall be binding in its entirety and directly applicable in all Member
         States .
         Done at Brussels, 6 February 1986.
                                                                For the Commission
                                                                 Frans ANDRIESSEN
                                                                    Vice-President
                                                ANNEX
          to the Commission Regulation of 6 February 1986 fixing the export refunds on malt
                                                                                      (ECU / tonne)
                              CCT heading No                                  Refund
         11.07 A I b)                                                           91,77
         11.07 A II b)                                                         139,86
         11.07 B                                                               163,00