CELEX: 31992R2676
Language: en
Date: 1992-09-16 00:00:00
Title: Commission Regulation (EEC) No 2676/92 of 15 September 1992 suspending advance fixing of the export refunds on wheat and rye flour and on groats and meal of wheat

No L 271 / 12                           Official Journal of the European Communities                             16. 9 . 92
                                     COMMISSION REGULATION (EEC) No 2676/92
                                                    of 15 September 1992
                 suspending advance fixing of the export refunds on wheat and rye flour and on
                                                  groats and meal of wheat
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       on groats and meal of wheat should therefore be
                                                                  suspended ;
Having regard to the Treaty establishing the European
Economic Community,                                               Whereas the above situation requires that application of
                                                                  the provisions concerning advance fixing of refunds for
Having regard to Council Regulation (EEC) No 2727/75
of 29 October 1975 on the common organization of the              the products concerned be temporarily suspended,
market in cereals ('), as last amended by Regulation (EEC)
No 1 738/92 (2), and in particular the second subparagraph        HAS ADOPTED THIS REGULATION :
of Article 16 (7) thereof,
Whereas Article 16 (7) of Regulation (EEC) No 2727/75                                    Article 1
provides that the provisions concerning advance fixing of
the refund may be suspended if the market situation               Advance fixing of the export refunds on the products
shows that the application of these provisions is causing         referred to in Article 1 (c) of Regulation (EEC)
or is likely to cause difficulties ;                              No 2727/75 is hereby suspended from 16 September until
                                                                   17 September 1992.
Whereas, in view of the monetary situation and the
uncertainty reigning on the exchange markets, there is a                                 Article 2
danger that the continuation of the present system could
give rise to speculative operations ; whereas the advance         This Regulation shall enter into force on 16 September
fixing of the export refunds on wheat and rye flour and            1992.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 15 September 1992.
                                                                           For the Commission
                                                                            Ray MAC SHARRY
                                                                        Member of the Commission
(') OJ No L 281 , 1 . 11 . 1975, p. 1 .
0 OJ No L 180, 1 . 7. 1992, p. 1 .