CELEX: 31975R2941
Language: en
Date: 1975-11-08 00:00:00
Title: Regulation (EEC) No 2941/75 of the Commission of 7 November 1975 altering the export levies on products processed from cereals

8 . 11 . 75                             Official Journal of the European Communities                          No L 290/49
                            REGULATION (EEC) No 2941 /75 OF THE COMMISSION
                                                     of 7 November 1975
                           altering the export levies on products processed from cereals
THE COMMISSION OF THE EUROPEAN                                     and prices for cereals and cereal products on the
COMMUNITIES,                                                      world market on the other ; whereas the same article
                                                                   provides that it is also important to ensure equili­
                                                                  brium and the natural development of prices and
Having regard to the Treaty establishing the European              trade on cereal markets and furthermore, to take into
Economic Community ;                                               account the economic aspect of the proposed exports
                                                                   and the need to avoid disturbances on the Commu­
                                                                   nity market ;
Having regard to Council Regulation (EEC) No
2727/75 (! ) of 29 October 1975 on the common
organization of the market in cereals ;
                                                                   Whereas for the products, other than starches, listed
                                                                   in Article 1 (d) of Regulation (EEC) No 2727/75 the
Having regard to Council Regulation (EEC) No                       specific factors set out in Article 3 (2) of Regulation
2747/75 (2) of 29 October 1975 laying down general                (EEC) No 2747/75 must also be taken into account ;
rules to be applied in the event of the cereals market
being disturbed, and in particular Article 4 (3) thereof ;
                                                                  Whereas a levy has been imposed on the export of
                                                                   certain cereals, in view of the relationship between the
Having regard to the Opinion of the Monetary                       basic product and the products processed from it and
Committee ;                                                       given the market situation for certain processed
                                                                   products, an export levy for certain of these products
                                                                   must also be fixed ;
Whereas Article 19 of Regulation (EEC) No 2727/75
provides that measures may be taken when the quota­
tions or prices on the world market for one or more               Whereas the export levy may be varied if the world
products reach the level of Community prices ;                     market situation or the specific requirements of
whereas that situation is likely to continue and to dete­          certain markets make this necessary ;
riorate, thereby disturbing or threatening to disturb
the Community market ;
                                                                   Whereas, if the levy system is to operate normally, the
Whereas Regulation (EEC) No 2747/75 specifies that                 following should be used to calculate the levies :
the quotations or prices on the world market shall be
regarded as having reached the level of Community                 — for currencies the exchange rates for which are
prices when they approach or exceed the threshold                       kept at any given moment within a band of
price ; whereas the continuation and the deterioration                  2-25 % , at a conversion rate based on their actual
of that situation may be regarded as being likely to                    parity ;
continue where an imbalance between supply and
demand is established and where this imbalance is                 — for other currencies a conversion rate based on the
likely to persist, having regard to foreseeable produc­                arithmetic mean of the spot market rates for each
tion and market price trends ;                                         of these currencies against the Community curren­
                                                                        cies referred to in the preceding paragraph over a
                                                                       specified period ;
Whereas the threshold prices for the 1975/76
marketing year were fixed by Council Regulation
(EEC) No 2756/75 (3) of 29 October 1975 ;                          Whereas the export levies on products processed from
                                                                   cereals were fixed by Regulation (EEC) No
Whereas Article 3 of Regulation (EEC) No 2747/75                   2529/75 (4) ;
specifies that when the export levy is being fixed
account must be taken of the existing situation and
the future trend with regard to prices and availabilities          Whereas applying the rules outlined above to the
of cereals on the Community market on the one hand                 present situation on the market in cereals, and in parti­
                                                                   cular to quotations or prices for these products within
(') OJ No L 281 , 1 . 11 . 1975, p. 1 .                            the Community and on the world market, has the
I2) OJ No L 281 , 1 . 11 . 1975, p. 82.
(3) OJ No L 281 , 1 . 11 . 1975, p. 103 .                          (4) OJ No L 258, 4. 10 . 1975, p. 5.
 ---pagebreak--- No L 290/50                       Official Journal of the European Communities                           8 . 11 . 75
effect of abolishing the export levies on products           hereby abolished for the products listed in Article 1
processed from cereals,                                      (d) of Regulation (EEC) No 2727/75.
HAS ADOPTED THIS REGULATION :
                                                                                   Article 2
                       Article 1
The export levies referred to in the first indent of         This Regulation shall enter into force on            10
Article 2 ( 1 ) of Regulation (EEC) No 2747/75 are           November 1975.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
               Done at Brussels, 7 November 1975.
                                                                      For the Commission
                                                                        P.J. LARDINOIS
                                                                   Member of the Commission