CELEX: 31988R3768
Language: en
Date: 1988-12-02 00:00:00
Title: Commission Regulation (EEC) No 3768/88 of 1 December 1988 fixing the export refunds on malt

No L 330/20                                   Official Journal of the European Communities                                    2. 12. 88
                                        COMMISSION REGULATION (EEC) No 3768/88
                                                           of 1 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 ;
                                                                         Whereas the world market situation or the specific
Having regard to the Treaty establishing the European                    requirements of certain markets may make it necessary to
Economic Community,                                                      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 /8& (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 (% as last amended by Regula­
Having regard to the opinion of the Monetary Committee,                        tion (EEC) No 1636/87 0,
                                                                         — 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                              these currencies recorded for a given period in rela­
 provides that the difference between quotations or prices                     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 2 December
  (■) OJ No   L  281 , 1 . 11 . 1975, p. 1 .                               1988 .
  (2) OJ No   L  197,  26. 7. 1988, p. 16.
  0   OJ No   L  281 , 1 . 11 . 1975, p. 78 .
  (<) OJ No   L  281 , 1 . 11 . 1975, p. 65.                               0 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--- 2. 12. 88                     Official Journal of the European Communities                         No L 330/21
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States.
          Done at Brussels, 1 December 1988 .
                                                                           For the Commission
                                                                            Frans ANDRIESSEN
                                                                                Vice-PreHdent
                                                       ANNEX
          to the Commission Regulation of 1 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 denned in Commission Regulation
                           (EEC) No 3846/87 as amended (OJ No L 366, 24. 12. 1987, p. 1 ).