CELEX: 31988R1439
Language: en
Date: 1988-05-27 00:00:00
Title: Commission Regulation (EEC) No 1439/88 of 26 May 1988 fixing the export refunds on malt

27. 5. 88
                                          Official Journal of the European Communities                               No L 131 /69
                                        COMMISSION* REGULATION (EEC) No 1439/88
                                                         of 26 May 1988
                                               fixing the export refunds on malt
   THE COMMISSION OF THE EUROPEAN
   COMMUNITIES,
                                                                      products processed from cereals and from rice (4), as last
                                                                      amended by Regulation (EEC) No 1906/87 0, defines the
                                                                      specific criteria to be taken into account when the refund
                                                                      on these products is being calculated ;
   Having regard to the Treaty establishing the European
   Economic Community,
                                                                      Whereas it follows from applying these detailed rules to
                                                                     the present situation on the market in products processed
   Having regard to the Act of Accession of Spain and                from cereals and rice that the export refund should be
   Portugal,                                                         fixed at an amount which will cover the difference
                                                                     between Community prices and world market prices ;
   Having regard to Council Regulation (EEC) No 2727/75
  of 29 October 1975 on the common organization of the               Whereas the world market situation or the specific
  market in cereals ('), as last amended by Regulation (EEC)         requirements of certain markets may make it necessary to
   No 1097/88 (2), and in particular the fourth subparagraph         vary the refund for certain products according to destin­
  of Article 16 (2) thereof,                                         ation ;
  Having regard to the opinion of the Monetary Committee,            whereas, if the refund system is to operate normally,
                                                                     refunds should be calculated on the following basis :
  Whereas Article 16 of Regulation (EEC) No 2727/75
  provides that the difference between quotations or prices         — in the case of currencies which are maintained in rela­
  on the world market for the products listed in Article 1 of            tion to each other at any given moment within a band
  those Regulations and prices for those products within                 of 2,25 % , a rate of exchange based on their central
  the Community may be covered by an export refund ;                     rate, multiplied by the corrective factor provided for in
                                                                         the last paragraph of Article 3 (1 ) of Council Regula­
                                                                         tion (EEC) No 1676/85 (6), as last amended by Regula­
                                                                         tion (EEC) No 1636/87 0,
  Whereas Article 2 of Council Regulation (EEC) No
  2746/75 of 29 October 1975 laying down general rules for          — for other currencies, an exchange rate based on the
 granting export refunds on cereals and criteria for fixing              arithmetic mean of the spot market rates of each of
 the amount of such refunds (3), provides that when                      these currencies recorded for a given period in rela­
 refunds are being fixed account must be taken of the                    tion to the Community currencies referred to in the
 existing situation and the future trend with regard to                  previous indent and the aforesaid coefficient :
 prices and availabilities of cereal^ on the Community
 market on the one hand and prices for cereals and cereal
 products on the world market on the other ; whereas the
 same Article provides that it is also important to ensure          Whereas the refund must be fixed once a month ;
 equilibrium and the natural development of prices and              whereas it may be altered in the intervening period ;
 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
 market :
                                                                    whereas, pursuant to Article 275 of the Act of Accession
                                                                   of Spain and Portugal, refunds may be granted in the case
                                                                   of exports to Portugal ; whereas, in the light of the situa­
                                                                   tion and the level of prices no refund should be fixed in
 Whereas Council Regulation (EEC) No 2744/75 of 29                 the case of exports to Portugal ;
October 1975 on the import and export system for
                                                                   (4) OJ   No  L  281 , 1 . 11 . 1975, p. 65.
(') OJ No L 281 , 1 . 11 . 1975, p. 1 .                            0   OJ   No  L  182,  3. 7. 1987, p. 49.
(2) OJ No L 110, 29. 4. 1988 .                                     (6) OJ   No  L  164,  24. 6. 1985, p. 1 .
0 OJ No L 281 , 1 . 11 . 1975, p. 78 .                             0   OJ   No  L  153,  13. 6. 1987, p. 1 .
 ---pagebreak--- No L 131 /70                          Official Journal of the European Communities                                     27. 5. 88
Whereas the measures provided for in this Regulation are              The refund on export to Portugal has not been fixed.
in accordance with the opinion of the Management
Committee for Cereals,
HAS ADOPTED THIS REGULATION :
                         Article 1                                                                  Article 2
The export refunds on malt listed in Article 1 (d) of Regu­
lation (EEC) No 2727/75 subject to Regulation (EEC) No
2744/75 shall be as set out in the Annex hereto.                       This Regulation shall enter into force on 27 May 1988 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 26 May 1988 .
                                                                                  For the Commission
                                                                                   Frans ANDRIESSEN
                                                                                      Vice-President
                                                              ANNEX
                   to the Commission Regulation of 26 May 1988 fixing the export refunds on malt
                                                                                              (ECU / tonne)
                                           Product code                             Refund
                              1107 10 19 000                                        117,00
                              1107 10 99 000                                        170,00
                              1107 20 00 00*0                                       200,00
                              NB : The product codes and the footnotes are defined in Regulation (EEC) No
                                   3846/ 87 as amended.