CELEX: 31987R1774
Language: en
Date: 1987-06-26 00:00:00
Title: Commission Regulation (EEC) No 1774/87 of 25 June 1987 fixing the export refunds on malt

No L 167/52                                   Official Journal of the European Communities                                    26. 6. 87
                                           COMMISSION REGULATION (EEC) No 1774/87
                                                               of 25 June 1987
                                                     fixing the export refunds on malt
  THE COMMISSION OF THE EUROPEAN                                          from cereals and rice that the export refund should be
  COMMUNITIES,                                                            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
                                                                           requirements of certain markets may make it necessary to
                                                                          vary the refund for certain products according to destina­
  Having regard to the Act of Accession of Spain and                       tion ;
  Portugal,
                                                                           Whereas, if the refund system is to operate normally,
  Having regard to Council Regulation (EEC) No 2727/75                     refunds should be calculated on the following basis :
  of 29 October 1975 on the common organization of the                     — in the case of currencies which are maintained in rela­
  market in cereals ('), as last amended by Regulation (EEC)
                                                                                 tion to each other at any given moment within a band
  No 1579/86 (2), and in particular the fourth subparagraph                      of 2,25 % , a rate of exchange based on their central
  of Article 16 (2) thereof,                                                     rate, multiplied by the corrective factor provided for in
                                                                                 the last paragraph of Article 3 (1 ) of Council Regula­
  Having regard to the opinion of the Monetary Committee,                        tion (EEC) No 1676/85 («),
                                                                           — for other currencies, an exchange rate based on the
  Whereas Article 16 of Regulation (EEC) No 2727/75                              arithmetic mean of the spot market rates of each of
  provides that the difference between quotations or prices                      these currencies recorded for a given period in rela­
  on the world market for the products listed in Article 1 of                    tion to the Community currencies referred to in the
  those Regulations and prices for those products within                         previous indent and the aforesaid coefficient ;
  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 of 29 October 1975 laying down general rules for
                                                                            Whereas, pursuant to Article 275 of the Act of Accession
   granting export refunds on cereals and criteria for fixing               of Spain and Portugal, refunds may be granted in the case
   the amount of such refunds (3), provides that when
   refunds are being fixed account must be taken of the                     of exports to Portugal ; whereas, in the light of the situa­
                                                                            tion and the level of prices no refund should be fixed in
   existing situation and the future trend with regard to
                                                                            the case of exports to Portugal ;
   prices and availabilities of cereals on the Community
   market on the one hand and prices for cereals and cereal
   products on the world market on the other ; whereas the                  Whereas the measures provided for in this Regulation are
   same Article provides that it is also important to ensure                in accordance with the opinion of the Management
                                                                            Committee for Cereals,
   equilibrium and the natural 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 on the Community
                                                                            HAS ADOPTED THIS REGULATION :
   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 1 588/86 (*), 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
    (') OJ No   L  281 , 1 . 11 . 1975, p.  1.
    0   OJ No   L  139,  24. 5.   1986, p.  29.                              This Regulation shall enter into force on 26 June 1987.
    0   OJ No   L  281 , 1 . 11 . 1975, p.  78.
    (4) OJ No   L  281 , 1 . 11 . 1975, p.  65.
    0   OJ No   L  139,  24. 5.   1986, p.  47.                              Is) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 26. 6. 87                    Official Journal of the European Communities                             No L 167/53
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States .
          Done at Brussels, 25 June 1987.
                                                                 For the Commission
                                                                  Frans ANDRIESSEN
                                                                     Vice-President
                                                 ANNEX
             to the Commission Regulation of 25 June 1987 fixing the export refunds on malt
                                                                                        (ECU / tonne)
                               CCT heading No                                  Refund
          11.07 A I b)                                                           63,50
          11.07 A II b)                                                        118,35
          11.07 B                                                               154,49