31979R0880

No L 111 /8 4 . 5 . 79 Official Journal of the European Communities

COMMISSION REGULATION ( EEC) No 880/79 of 3 May 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 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 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 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 relation to the Community currencies referred to an export refund ; in the previous indent ; Whereas Article 2 of Council Regulation (EEC) No 2746/75 of 29 October 1975 laying down general Whereas Council Regulation (EEC) No 652/79 of 29 March 1 979 (6) laid down the coefficient for rules for granting export refunds on cereals and criteria for fixing the amount of such refunds (3), expressing amounts, fixed in units of account, in ECU ; provides that when refunds are being fixed account must be taken of the existing situation and the future trend with regard to prices and availabilities of cereals Whereas the refund must be fixed once a month ; on the Community market on the one hand and whereas it may be altered in the intervening period ; 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 brium and the natural development of prices and ment Committee for Cereals, 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 nity market ; HAS ADOPTED THIS REGULATION : 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 22^5/78 (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 lated ; (EEC) No 2744/75 shall be as set out in the Annex hereto . Whereas it follows from applying these detailed rules to the present situation on the market in products Article 2 ( 1 ) OJ No L 281 , 1 . 11 . 1975, p . 1 . (2) OJ No L 156, 14 . 6. 1978 , p . 1 . This Regulation shall enter into force on 4 May 1979 . (J) OJ No L 281 , 1 . 11 . 1975 , p . 78 . («) OJ No L 281 , 1 . 11 . 1975, p. 65 . (») OJ No L 273, 29 . 9 . 1978 . p . 1 . (<>) OJ No L 84, 4. 4. 1979, p. 1 .

4 . 5 . 79 No L 111 / 9 Official Journal of the European Communities

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

Done at Brussels , 3 May 19 79 . For the Commission Finn GUNDELACH Vice-President

ANNEX

to the Commission Regulation of 3 May 1979 fixing the export refunds on malt

( l .( / fount )

CCT heading No Refund

1 1 .07 A I b) 93-10 1 1.07 A II b) 1 18-74 1 1 .07 B 138-38