CELEX: 31986R0561
Language: en
Date: 1986-03-01 00:00:00
Title: Commission Regulation (EEC) No 561/86 of 28 February 1986 fixing the export refunds on malt

No L 55/88                                 Official Journal of the European Communities                                    1 . 3 . 86
                                        COMMISSION REGULATION (EEC) No 561 /86
                                                        of 28 February 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             Whereas the measures provided for in this Regulation are
products on the world market on the other ; whereas the              in accordance with the opinion of the Management
same Article provides that it is also important to ensure            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 . iy / i , p. 1 .
(2) OJ No L 367, 31 . 12. 1985, p. 19.                                This Regulation shall enter into force on 1 March 1986.
(3) OJ No L 281 , 1 . 11 . 1975, p. 78.
 (<) OJ No L 281 , 1 . 11 . 1975, p. 65.
Ì5) OJ No L 107, 19. 4. 1984, p. 15.                                  (*) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 1 . 3 . 86                    Official Journal of the European Communities                           No L 55/89
           This Regulation shall be binding in its entirety and directly applicable in all Member
           States.
           Done at Brussels, 28 February 1986.
                                                                  For the Commission
                                                                   Frans ANDRIESSEN
                                                                      Vice-President
                                                  ANNEX
           to the Commission Regulation of 28 February 1986 fixing the export refunds on malt
                                                                                        (ECU/ tonne)
                               CCT heading No                                   Refund
           11.07 A I b)                                                         106,40
           11.07 A II b)                                                        153,60
           11.07 B                                                              179,01