CELEX: 31986R0974
Language: en
Date: 1986-04-04 00:00:00
Title: Commission Regulation (EEC) No 974/86 of 3 April 1986 fixing the export refunds on malt

No L 89 /30                                 Official Journal of the European Communities                                   4. 4. 86
                                           COMMISSION REGULATION (EEC) No 974/86
                                                             of 3 April 1986
                                                  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 3793/85 (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            of Spain and Portugal, refunds may be granted in the case
 the amount of such refunds (3), provides that when                    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 1027/84 (^ 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 .
(2) OJ  No  L  367,  31 . 12. 1985, p. 19.                             This Regulation shall enter into force on 4 April 1986.
(3) OJ  No  L  281 , 1 . 11 . 1975, p. 78 .
(4) OJ  No  L  281 , 1 . 11 . 1975, p. 65.
(*) OJ  No  L  107,  19. 4. 1984, p. 15.                               (6) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 4. 4. 86                    Official Journal of the European Communities                            No L 89/31
         This Regulation shall be binding in its entirety and directly applicable in all Member
         States.
         Done at Brussels, 3 April 1986.
                                                                For the Commission
                                                                 Frans ANDRIESSEN
                                                                    Vice-President
                                                ANNEX
            to the Commission Regulation of 3 April 1986 fixing the export refunds on malt
                                                                                      (ECU / tonne)
                              CCT heading No                                  Refund
         11.07 A I b)                                                         110,39
         11.07 A II b)   \                                                    163,64
         11.07 B
                         \                                                    190,71