CELEX: 31976R2940
Language: en
Date: 1976-12-03
Title: Commission Regulation (EEC) No 2940/76 of 2 December 1976 fixing the export refunds on malt

3 . 12 . 76                                 Official Journal of the European Communities                        No L 334/ 25
                                      COMMISSION REGULATION ( EEC) No 2940/76
                                                         of 2 December 1976
                                                  fixing the export refunds on malt
THE COMMISSION OF THE EUROPEAN                                        products processed from cereals and rice that the
COMMUNITIES ,                                                         export refund should be fixed at an amount which
                                                                      will cover the difference between Community prices
Having regard to the Treaty establishing the European                 and world market prices ;
Economic Community,
                                                                      Whereas the world market situation or the specific
Having regard to Council Regulation ( EEC) No                         requirements of certain markets may make it neces­
2727/ 75 of 29 October 1975 on the common organiza­                   sary to vary the refund for certain products according
tion of the market in cereals ('), as last amended by                 to destination ;
Regulation ( EEC) No 1 1 43 /76 (2 ), and in particular the
fourth subparagraph of Article 16 ( 2) thereof ;                      Whereas, if the refund system is to operate normally,
                                                                      refunds should be calculated on the following basis :
Having regard to the opinion of the Monetary
Committee ,                                                           — in the case of currencies which are maintained in
                                                                          relation to each other, at any given moment,
Whereas Article 16 of Regulation ( EEC) No 2727/75
                                                                          within a band of 2-25 % , a rate of exchange based
                                                                          on their effective parity ;
provides that the difference between quotations or
prices on the world market for the products listed in                 — for other currencies an exchange rate based on the
Article 1 of those Regulastions and prices for those                      arithmetic mean of the spot market rates of each
products within the Community may be covered by                           of these currencies recorded for a given period, in
an export refund ;                                                        relation to the Community currencies referred to
                                                                          in the previous subparagraph ;
Whereas Article 2 of Council Regulation ( EEC) No
2746/ 75 of 29 October 1 975 (3 ), laying down general                Whereas the refund must be fixed once a month ;
rules for granting export refunds on cereals and                      whereas it may be altered in the intervening period ;
criteria for fixing the amount of such refunds,
provides that when refunds are being fixed account
must be taken of the existing situation and the future                Whereas the measures provided for in this Regulation
trend with regard to prices and availabilities of cereals             are in accordance with the opinion of the Manage­
on the Community market on the one hand and                           ment Committee for Cereals,
prices for cereals on the world market on the other ;
whereas the same Article provides that it is also impor­
tant to ensure equilibrium and the natural develop­
ment of prices and trade on the markets in cereals
and , furthermore , to take into account the economic­
                                                                      HAS ADOPTED THIS REGULATION :
aspect of the proposed exports, and the need to avoid
disturbances 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
amended by Regulation ( EEC) No 832/76 ( s ), defines                 The export refunds on malt listed in Article 1 (d) of
the specific criteria to be taken into account when the               Regulation ( EEC) No 2727/ 75 and subject to Regula­
refund on these products is being calculated ;                        tion ( EEC) No 2744/ 75 are hereby fixed as shown in
                                                                      the Annex to this Regulation .
Whereas it follows from applying these rules and
criteria to the present situation on the market in
                                                                                             Art icli 2
  i ) Of No L 281 , 1 . 1 I. 197.S , p. 1 .
 -) OJ No L 130 , 19 . 5 . 1976 , p. 1 .
  ' ) O'l No L 281 , 1 . 11 . 197S , p. 78.
 •*) OJ No L 281 , 1 . 11 . 1 97 S , p. 6.v                           This Regulation shall enter into force on 3 December
 s ) OJ No L 100 , 14 . 4 . 1 976 , p. 1 .                             1976 .
 ---pagebreak--- No L 334/26                           Official Journal of the European Communities                                 3 . 12 . 76
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 2 December 1976 .
                                                                                  For the Commission
                                                                                    P.J. LARDINOIS
                                                                              Member of the Commission
                                                             ANNEX
                     to Commission Regulation of 2 December 1976 fixing the export refunds on malt
                                                                                                                (u.a./metric ton)
           CCT
          heading                                            Description of goods                                  Refund
            No
1 1 .07 A I a)             Unroasted malt, obtained from wheat, in the form of flour                               91.95
11.07 A lb)                Unroasted malt, obtained from wheat, other than in the form of flour                       —
11.07 A II a)              Unroasted malt, other than that obtained from wheat, in the form of flour               52 - 10
11.07 A II b)              Unroasted malt, other than that obtained from wheat, other than in the form of flour    4300
11.07 B                    Roasted malt                                                                            5010