CELEX: 31988R0174
Language: en
Date: 1988-01-22 00:00:00
Title: Commission Regulation (EEC) No 174/88 of 21 January 1988 fixing the export refunds on malt

22. 1 . 88                                 Official Journal of the European Communities                                No L 18/69
                                       COMMISSION REGULATION (EEC) No 174/88
                                                         of 21 January 1988
                                                fixing the export refunds on malt
THE COMMISSION OF THE EUROPEAN                                       Whereas the world market situation or the specific
COMMUNITIES,                                                          requirements of certain markets may make it necessary to
                                                                     vary the refund for certain products according to destina­
Having regard to the Treaty establishing the European                 tion ;
Economic Community,
                                                                      Whereas, if the refund system is to operate normally,
                                                                      refunds should be calculated on the following basis :
Having regard to the Act of Accession of Spain and
Portugal,                                                             — in the case of currencies which are maintained in rela­
                                                                           tion to each other at any given moment within a band
Having regard to Council Regulation (EEC) No 2727/75                       of 2,25 % , a rate of exchange based on their central
of 29 October 1975 on the common organization of the                       rate, multiplied by the corrective factor provided for in
market in cereals ('), as last amended by Regulation (EEC)                 the last paragraph of Article 3 (1 ) of Council Regula­
No 3989/87 (2), and in particular the fourth subparagraph                  tion (EEC) No 1676/85 (*), as last amended by Regula­
of Article 16 (2) thereof,                                                 tion (EEC) No 1636/87 0,
                                                                      — for other currencies, an exchange rate based on the
Having regard to the opinion of the Monetary Committee,                    arithmetic mean of the spot market rates of each of
                                                                           these currencies recorded for a given period in rela­
                                                                           tion to the Community currencies referred to in the
Whereas Article 16 of Regulation (EEC) No 2727/75
provides that the difference between quotations or prices                  previous indent and the aforesaid coefficient ;
on the world market for the products listed in Article 1 of           Whereas, following the introduction of the 'combined
those Regulations and prices for those products within                nomenclature' by Council Regulation (EEC) No
the Community may be covered by an export refund ;                    2658/87 (8), the nomenclature applicable from 1 January
                                                                       1988 to export refunds on agricultural products was esta­
Whereas Article 2 of Council Regulation (EEC) No                      blished by Regulation (EEC) No 3846/87 (') ;
2746/75 of 29 October 1975 laying down general rules for
granting export refunds on cereals and criteria for fixing            Whereas the refund must be fixed once a month ;
the amount of such refunds (3), provides that when                    whereas it may be altered in the intervening period ;
refunds are being fixed account must be taken of the
existing situation and the future trend with regard to                Whereas, pursuant to Article 275 of the Act of Accession
prices and availabilities of cereals on the Community                 of Spain and Portugal, refunds may be granted in the case
market on the one hand and prices for cereals and cereal               of exports to Portugal ; whereas, in the light of the situa­
products on the world market on the other ; whereas the                tion and the level of prices no refund should be fixed in
                                                                       the case of exports to Portugal ;
same Article provides that it is also important to ensure
equilibrium and the natural development of prices and                 Whereas the measures provided for in this Regulation are
trade on cereal markets and, furthermore, to take into                 in accordance with the opinion of the Management
account the economic aspect of the proposed exports, and               Committee for Cereals,
the need to avoid disturbances on the Community
market ;
                                                                       HAS ADOPTED THIS REGULATION :
Whereas Council Regulation (EEC) No 2744/75 of 29
October 1975 on the import and export system for                                                  Article 1
products processed from cereals and from rice (4), as last
amended by Regulation (EEC) No 1906/87 (^ defines the                  The export refunds on malt listed in Article 1 (d) of Regu­
specific criteria to be taken into account when the refund             lation (EEC) No 2727/75 subject to Regulation (EEC) No
on these products is being calculated ;                                2744/75 shall be as set out in the Annex hereto.
Whereas it follows from applying these detailed rules to               The refund on export to Portugal has not been fixed.
the present situation on the market in products processed
from cereals and rice that the export refund should be                                            Article 2
fixed at an amount which will cover the difference
between Community prices and world market prices ;                     This Regulation shall enter into force on 22 January
                                                                        1988 .
 (') OJ No  L  281 , 1 . 11 . 1975, p. 1 .
 (2) OJ No  L  377,  31 . 12. 1987, p. 1 .                             (*) OJ  No  L  164, 24. 6. 1985, p. 1 .
 (3) OJ No  L  281 , 1 . 11 . 1975, p. 78.                             0   OJ  No  L  153, 13. 6. 1987, p. 1 .
 (") OJ No  L  281 , 1 . 11 . 1975, p. 65.                             (8) OJ  No  L 256,  7. 9. 1987, p. 1 .
 j5) OJ No L 182, 3. 7. 1987, p. 49.                                    9  OJ  No  L 366,  24. 12. 1987, p. 1 .
 ---pagebreak---                                                                                                   22. 1 . 88
No L 18/70                     Official Journal of the European Communities
           This Regulation shall be binding in its entirety and directly applicable in all Member
           States.
           Done at Brussels, 21 January 1988 .
                                                                  For the Commission
                                                                   Frans ANDRIESSEN
                                                                      Vice-President
                                                    ANNEX
             to the Commission Regulation of 21 January 1988 fixing the export refunds on malt
                                                                             (ECU/ tonne)
                                     Product code                   Refund
                         1107 10 19 000                             146,30
                         1107 10 99 000                              182,54
                         1107 20 00 000                             212,74