31979R0762

No L 98 / 8 20 . 4 . 79 Official Journal of the European Communities

COMMISSION REGULATION ( EEC) No 762/ 79 of 19 April 1979 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN processed from cereals and rice that the export refund COMMUNITIES, should be fixed at an amount which will cover the difference between Community prices and world Having regard to the Treaty establishing the European market prices ; Economic Community, Whereas the world market situation or the specific Having regard to Council Regulation ( EEC) No requirements of certain markets may make it neces­ sary to vary the refund for certain products according 2727/ 75 of 29 October 1975 on the common organiza­ to destination ; tion of the market in cereals ('), as last amended by Regulation ( EEC) No 1254/78 (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 — in the case of currencies which are maintained in Committee, relation to each other at any given moment within a band of 2-25 % , a rate of exchange based on Whereas Article 16 of Regulation ( EEC) No 2727/ 75 their effective parity ; provides that the difference between quotations or — for other currencies, an exchange rate based on the prices on the world market for the products listed in arithmetic mean of the spot market rates of each Article 1 of those Regulations and prices for those of these currencies recorded for a given period in products within the Community may be covered by relation to the Community currencies referred to an export refund ; in the previous indent ; Whereas Article 2 of Council Regulation ( EEC) No Whereas Council Regulation (EEC) No 652/79 of 29 2746/75 of 29 October 1975 laying down general March 1 979 (6) laid down the coefficient for rules for granting export refunds on cereals and expressing amounts , fixed in units of account, in criteria for fixing the amount of such refunds (3), ECU ; provides that when refunds are being fixed account must be taken of the existing situation and the future Whereas the refund must be fixed once a month ; trend with regard to prices and availabilities of cereals whereas it may be altered in the intervening period ; on the Community market on the one hand and prices for cereals and cereal products on the world market on the other ; whereas the same Article Whereas the measures provided for in this Regulation provides that it is also important to ensure equili­ are in accordance with the opinion of the Manage­ ment Committee for Cereals, brium 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 Commu­ HAS ADOPTED THIS REGULATION : nity market ;

Whereas Council Regulation (EEC) No 2744/75 of 29 October 1975 on the import and export system for Article 1 products processed from cereals and from rice (4), as last amended by Regulation (EEC) No 2245/78 (5 ), The export refunds on malt listed in Article 1 (d) of defines the specific criteria to be taken into account Regulation (EEC) No 2727/75 subject to Regulation when the refund on these products is being calcu­ ( EEC) No 2744/ 75 shall be as set out in the Annex lated ; hereto .

Whereas it follows from applying these detailed rules to the present situation on the market in products Article 2

(') OJ No L 281 , 1 . 11 . 1975, p. 1 . This Regulation shall enter into force on 20 April (2) OJ No L 156, 14. 6 . 1978 , p. 1 . 1979 . {>) OJ No L 281 , 1 . 11 . 1975, p. 78 . (4 ) OJ No L 281 , 1 . 11 . 1975, p. 65 . 5) OJ No L 273, 29 . 9 . 1978 . p. 1 . (b) OJ No L 84, 4. 4. 1979 , p. 1 .

20 . 4. 79 Official Journal of the European Communities No L 98 /9

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

Done at Brussels, 19 April 1979 .

For the Commission

Finn GUNDELACH Vice-President

ANNEX

to the Commission Regulation of 19 April 1979 fixing the export refunds on malt

(I .( I )

CCT heading No Refund

1 1 .07 A I b) 99-75 11.07 A II b) 121-12 11.07 B 141-16