Commission Regulation (EC) No 1317/95 of 9 June 1995 on the adjustment of refunds fixed in advance on malt

COMMISSION REGULATION (EC) No 1317/95 of 9 June 1995 on the  adjustment of refunds fixed in advance on malt
THE COMMISSION OF THE EUROPEAN  COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EC) No 3290/94 of 22 December 1994 on the adjustments and  transitional arrangements required in the agriculture sector in order to implement the agreements  concluded during the Uruguay Round of multilateral trade negotiations  (1), and in particular  Article 3 thereof,
Whereas Commission Regulation (EC) No 2577/94 of 24 October 1994 laying down special measures  concerning export licences for malt issued between 1 August and 31 December 1994  (2), as amended  by Regulation (EC) No 822/95  (3), provides that second-issue licences valid from 1 July to 30  September 1995 are to be subject to the rules in force at the time of issue of the first-issue  licence; whereas refunds fixed in advance were then adjusted in accordance with Article 13 (4) of  Council Regulation (EEC) No 1766/92 of 30 June 1992 on the common organization of the market in  cereals  (4), as last amended by the Act of Accession of Austria, Finland and Sweden and by  Regulation (EC) No 3290/94; whereas Regulation (EC) No 3290/94 abolishes the threshold price from 1  July 1995;
Whereas Article 12 of Commission Regulation (EC) No 1162/95 of 23 May 1995 laying down special  detailed rules for the application of the system of import and export licences for cereals and rice   (5) lays down the method for calculating the adjustment from 1 July 1995; whereas the new rule  should apply to second-issue licences as the method of adjustment is slightly more favourable to  the operators;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the  Management Committee for Cereals,