31977R0691

1 . 4 . 77 No L 84/ 73 Official Journal of the European Communities

COMMISSION REGULATION ( EEC) No 69 1 / 77 of 31 March 1977 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN products processed from cereals and rice that the COMMUNITIES , export refund should be 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 neces­ Having regard to Council Regulation ( EEC) No 2727 /75 of 29 October 1975 on the common organiza­ sary to vary the refund for certain products according to destination ; tion of the market in cereals ('), as last amended by Regulation (EEC) No 31 38 / 76 (2), and in particular the fourth subparagraph of Article 16 ( 2) thereof ; Whereas, if the refund system is to operate normally, refunds should be calculated on the following basis : Having regard to the opinion of the Monetary Committee , — in the case of currencies which are maintained in relation to each other, at any given moment, within a band of 2-25 % , a rate of exchange based Whereas Article 16 of Regulation (EEC) No 2727/75 on their effective parity ; provides that the difference between quotations or prices on the world market for the products listed in — for other currencies an exchange rate based on the Article 1 of those Regulations and prices for those arithmetic mean of the spot market rates of each products within the Community may be covered by of these currencies recorded for a given period, in an export refund ; relation to the Community currencies referred to in the previous subparagraph ; Whereas Article 2 of Council Regulation ( EEC) No 2746/75 of 29 October 1975 laying down general Whereas the refund must be fixed once a month ; rules for granting export refunds on cereals and whereas it may be altered in the intervening period ; criteria for fixing the amount of such refunds (3), provides that when refunds are being fixed account must be taken of the existing situation and the future Whereas the measures provided for in this Regulation trend with regard to prices and availabilities of cereals are in accordance with the opinion of the Manage­ on the Community market on the one hand and ment Committee for Cereals, prices for cereals on the world market on the other ; whereas the same Article provides that it is also impor­ tant to ensure equilibrium and the natural develop­ ment of prices and trade on the markets in cereals and , furthermore, to take into account the economic HAS ADOPTED THIS REGULATION : aspect of the proposed exports, and the need to avoid disturbances on the Community market ;

Whereas Council Regulation ( EEC) No 2744/75 of 29 Article I October 1975 on the import and export system for products processed from cereals and from rice (4), as amended by Regulation ( EEC) No 832/76 (5), defines The export refunds on malt listed in Article 1 (d) of the specific criteria to be taken into account when the Regulation (EEC) No 2727/75 subject to Regulation refund on these products is being calculated ; ( EEC) No 2744/75 are hereby fixed as shown in the Annex to this Regulation . Whereas it follows from applying these rules and criteria to the present situation on the market in Article 2 (') OJ No L 281 , 1 . 1 1 . 1975 , p. 1 . (2 ) OJ No L 354, 24. 1 2 . 1 976, p. I . (J ) OJ No L 281 , 1 . 11 . 1975, p. 78 . (4 ) OJ No L 281 , 1 . 11 . 1975, p. 65 . This Regulation shall enter into force on 1 April (5 ) OJ No L 100 , 14 . 4. 1976, p. 1 . 1977 .

No L 84 / 74 1 . 4 . 77 Official Journal of the European Communities

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels , 31 March 1977 . For the Commission Finn GUNDELACH Via - President

ANNEX

to the Commission Regulation of 31 March 1977 fixing the export refunds on malt

(ti.j./ton ne) CCT heading Description of goods Refund No

1 1.07 A I a) Unroasted malt , obtained from wheat , in the form of flour 10201 11.07 Alb) Unroasted malt , obtained from wheat, other than in the form of flour — 11.07 A 11 a) Unroasted malt , other than that obtained from wheat , in the form of flour 55-38 11.07 A II b) Unroasted malt , other than that obtained from wheat , other than in the form of flour 5300 1 1 .07 B Roasted malt 61-77