CELEX: 31987R0053
Language: en
Date: 1987-01-09 00:00:00
Title: Commission Regulation (EEC) No 53/87 of 8 January 1987 fixing the export refunds on malt

9. 1 . 87                                 Official Journal of the European Communities                                No L 7/25
                                         COMMISSION REGULATION (EEC) No 53/87
                                                         of 8 January 1987
                                                fixing the export refunds on malt
 THE COMMISSION OF THE EUROPEAN                                       from cereals and rice that the export refund should be
 COMMUNITIES,                                                         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 the Act of Accession of Spain and                   tion ;
 Portugal,
                                                                     Whereas, if the refund system is to operate normally,
 Having regard to Council Regulation (EEC) No 2727/75                refunds should be calculated on the following basis :
 of 29 October 1975 on the common organization of the                — in the case of currencies which are maintained in rela­
 market in cereals ('), as last amended by Regulation (EEC)               tion to each other at any given moment within a band
 No 1579/86 (2), and in particular the fourth subparagraph                of 2,25 %, a rate of exchange based on their central
 of Article 16 (2) thereof,                                               rate, multiplied by the corrective factor provided for in
                                                                          the last paragraph of Article 3 (1 ) of Council Regula­
 Having regard to the opinion of the Monetary Committee,                  tion (EEC) No 1676/85 (*),
                                                                     — for other currencies, an exchange rate based on the
Whereas Article 16 of Regulation (EEC) No 2727/75                         arithmetic mean of the spot market rates of each of
 provides that the difference between quotations or prices                these currencies recorded for a given period in rela­
 on the world market for the products listed in Article 1 of              tion to the Community currencies referred to in the
 those Regulations and prices for those products within                   previous indent and the aforesaid coefficient ;
 the Community may be covered by an export refund ;
                                                                     Whereas the refund must be fixed once a month ;
                                                                     whereas it may be altered in the intervening period ;
Whereas Article 2 of Council Regulation (EEC) No
 2746/75 of 29 October 1975 laying down general rules for
                                                                     Whereas, pursuant to Article 275 of the Act of Accession
granting export refunds on cereals and criteria for fixing
 the amount of such refunds (3), provides that when
                                                                     of Spain and Portugal, refunds may be granted in the case
                                                                     of exports to Portugal ; whereas, in the light of the situa­
 refunds are being fixed account must be taken of the
                                                                     tion and the level of prices no refund should be fixed in
 existing situation and the future trend with regard to              the case of exports to Portugal ;
 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             Whereas the measures provided for in this Regulation are
 same Article provides that it is also important to ensure           in accordance with the opinion of the Management
                                                                     Committee for Cereals,
equilibrium and the natural development of prices and
 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
                                                                     HAS ADOPTED THIS REGULATION :
 market ;
Whereas Council Regulation (EEC) No 2744/75 of 29                                               Article 1
October 1975 on the import and export system for
 products processed from cereals and from rice (4), as last          The export refunds on malt listed in Article 1 (d) of Regu­
amended by Regulation (EEC) No 1588/86 (*), defines the              lation (EEC) No 2727/75 subject to Regulation (EEC) No
specific criteria to be taken into account when the refund           2744/75 shall be as set out in the Annex hereto.
on these products is being calculated ;
                                                                     The refund on export to Portugal has not been fixed.
Whereas it follows from applying these detailed rules to
the present situation on the market in products processed
                                                                                                Article 2 .
(') OJ  No L  281 , 1 . 11 . 1975, p. 1.
0   OJ  No L  139,  24. 5.   1986, p. 29.                            This Regulation shall enter into force on 9 January 1987.
(3) OJ  No L  281 , 1 . 11 . 1975, p. 78.
(<) OJ  No L  281 , 1 . 11 . 1975, p. 65.
0   OJ  No L  139,  24. 5.   1986, p. 47.                            («) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 7/26                    Official Journal of the European Communities                           9 . 1 . 87
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States.
          Done at Brussels, 8 January 1987.
                                                                 For the Commission
                                                                  Frans ANDRIESSEN
                                                                     Vice-President
                                                 ANNEX
           to the Commission Regulation of 8 January 1987 fixing the export refunds on malt
                                                                                       (ECU7 tonne)
                               CCT heading No                                  Refund
          11.07 Alb)                                                           162,26
          11.07 A II b)                                                        204,26
          11.07 B                                                              238,05