CELEX: 31977R2654
Language: en
Date: 1977-12-01 00:00:00
Title: Commission Regulation (EEC) No 2654/77 of 30 November 1977 fixing the export refunds on malt

No L 308 /42                            Official Journal of the European Communities                             1 . 12. 77
                                   COMMISSION REGULATION (EEC) No 2654/77
                                                     of 30 November 1977
                                              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
                                                                  and world market prices ;
Having regard to the Treaty establishing the European
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 1386/77 (2), and in particular the
fourth subparagraph of Article 1 6 (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,
                                                                       within a band of 2-25 % , a rate of exchange based
Whereas Article 16 of Regulation (EEC) No 2727/75
                                                                       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 Regulations 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 1975 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 (3),
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 (5), 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 subject to Regulation
refund on these products is being calculated ;                    (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
                                                                                          Article 2
(') OJ  No L 281 , 1 . 11 . 1975, p. 1.
(2) OJ  No L 158,  29. 6.   1977, p. 1.
(3) OJ  No L 281 , 1 . 11 . 1975, p. 78 .
(4) OJ  No L 281 , 1 . 11 . 1975, p. 65.                          This Regulation shall enter into force on 1 December
(5) OJ  No L 100,  14. 4.   1976, p. 1.                            1977 .
 ---pagebreak--- 1 . 12. 77                    Official Journal of the European Communities                              No L 308 /43
           This Regulation shall be binding in its entirety and directly applicable in all Member
           States .
           Done at Brussels, 30 November 1977 .
                                                                  For the Commission
                                                                   Finn GUNDELACH
                                                                      Vice-President
                                                  ANNEX
             to the Commission Regulation 30 November 1977 fixing the export refunds on malt
                                                                                           (u.a. / tonne)
                                 CCT heading No                                  Refund
           11.07 A I a)                                                          97-65
           11.07 A I b)                                                            0
           11.07 A II a)                                                          88-39
           11.07 A II b)                                                          77-00
           11.07 B                                                                89-74