CELEX: 31988R4043
Language: en
Date: 1988-12-23 00:00:00
Title: Commission Regulation (EEC) No 4043/88 of 22 December 1988 fixing the export refunds on malt

23 . 12. 88                             Official Journal of the European Communities                              No L 355/59
                                     COMMISSION REGULATION (EEC) No 4043/88
                                                    of 22 December 1988
                                             fixing the export refunds on malt
THE COMMISSION OF THE EUROPEAN                                     fixed at an amount which will cover the difference
COMMUNITIES,                                                      between Community prices and world market prices ;
Having regard to the Treaty establishing the European             Whereas the world market situation or the specific
Economic Community,                                                requirements of certain markets may make it necessary to
                                                                  vary the refund for certain products according to destin­
                                                                   ation ;
Having regard to the Act of Accession of Spain and
Portugal,                                                         Whereas, if the refund system is to operate normally,
                                                                  refunds should be calculated on the following basis :
 Having regard to Council Regulation (EEC) No 2727/75             — in the case of currencies which are maintained in rela­
of 29 October 1975 on the common organization of the                   tion to each other at any given moment within a band
market in cereals ('), as last amended by Regulation (EEC)             of 2,25 % , a rate of exchange based on their central
No 2221 /88 (2), and in particular the fourth subparagraph             rate, multiplied by the corrective factor provided for in
of Article 16 (2) thereof,                                             the last paragraph of Article 3 (1 ) of Council Regula­
                                                                       tion (EEC) No 1676/85 (6), as last amended by Regula­
 Having regard to the opinion of the Monetary Committee,               tion (EEC) No 1636/87Q,
                                                                  — for other currencies, an exchange rate based on the
                                                                       arithmetic mean of the spot market rates of each of
Whereas Article 16 of Regulation (EEC) No 2727/75
provides that the difference between quotations or prices              these currencies recorded for a given period in rela­
                                                                       tion to the Community currencies referred to in the
on the world market for the products listed in Article 1 of
                                                                       previous indent and the aforesaid coefficient ;
those Regulations and prices for those products within
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 (3), laying down general rules for granting export        Whereas, pursuant to Article 275 of the Act of Accession
refunds on cereals and criteria for fixing the amount of          of Spain and Portugal, refunds may be granted in the case
such refunds, provides that when refunds are being fixed          of exports to Portugal ; whereas, in the light of the situa­
account must be taken of the existing situation and the           tion and the level of prices no refund should be fixed in
future trend with regard to prices and availabilities of          the case of exports to Portugal ;
cereals on the Community market on the one hand and
prices for cereals and cereal products on the world market        Whereas the measures provided for in this Regulation are
on the other ; whereas the same Article provides that it is       in accordance with the opinion of the Management
also important to ensure equilibrium and the natural              Committee for Cereals,
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
                                                                  HAS ADOPTED THIS REGULATION :
on the Community 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 1906/87 (*), 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
from cereals and rice that the export refund should be
                                                                  This Regulation shall enter into force on 23 December
(') OJ No L 281 , 1 . 11 . 1975, p. 1 .                           1988 .
0 OJ No L 197, 26. 7. 1988, p. 16.
(3) OJ No L 281 , 1 . 11 . 1975, p. 78.
(4j OJ No L 281 , 1 . 11 . 1975, p. 65.                           (6) OJ No L 164, 24. 6. 1985, p. 1 .
0 OJ No L 182, 3 . 7. 1987, p. 49.                                0 OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- No L 355/60                      Official Journal of the European Communities                          23. 12. 88
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 22 December 1988 .
                                                                               For the Commission
                                                                                Frans ANDRIESSEN
                                                                                   Vice-President
                                                          ANNEX
               to the Commission Regulation of 22 December 1988 fixing the export refunds on malt
                                                                                         (ECU/ tonne)
                                     Product code                                Refund
                                    1107 10 19 000                               77,00
                                    1107 10 99 000                               81,00
                                    1107 20 00 000                               93,00
                         NB : The product codes and the footnotes are defined in Commission Regulation
                              (EEC) No 3846/87 as amended (OJ No L 366, 24. 12. 1987, p. 1 ).