31986R0137

24 . 1 . 86 Official Journal of the European Communities No L 18 /35 T

COMMISSION REGULATION (EEC) No 137/86 of 23 January 1986 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN from cereals and rice that the export refund should be COMMUNITIES, fixed at an amount which will cover the difference between Community prices and world market prices ;

Having regard to the Treaty establishing the European Whereas the world market situation or the specific Economic Community, requirements of certain markets may make it necessary to vary the refund for certain products according to destina­ tion ; Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals ('), as last amended by Regulation (EEC) Whereas, if the refund system is to operate normally, No 3768/85 (2), and in particular the fourth subparagraph refunds should be calculated on the following basis : of Article 16 (2) thereof, — in the case of currencies which are maintained in rela­ tion to each other at any given moment within a band Having regard to the opinion of the Monetary Committee, of 2,25 % , a rate of exchange based on their central rate, multiplied by the corrective factor provided for in the last paragraph of Article 3 ( 1 ) of Regulation (EEC) Whereas Article 16 of Regulation (EEC) No 2727/75 No 1676/ 85 (6), provides that the difference between quotations or prices — for other currencies, an exchange rate based on the on the world market for the products listed in Article 1 of arithmetic mean of the spot market rates of each of those Regulations and prices for those products within these currencies recorded for a given period in rela­ the Community may be covered by an! export refund ; tion to the Community currencies referred to in the previous indent and the aforesaid coefficient ; Whereas Article 2 of Council Regulation (EEC) No 2746/75 of 29 October 1975 laying down general rules for Whereas the refund must be fixed once a month ; granting export refunds on cereals and criteria for fixing whereas it may be altered in the intervening period ; the amount of such refunds (3), provides that when refunds are being fixed account must be taken of the existing situation and the future trend with regard to Whereas the measures provided for in this Regulation are prices and availabilities of cereals on the Community in accordance with the opinion of the Management Committee for Cereals, market on the one hand and prices for cereals and cereal products on the world market on the other ; whereas the same Article provides that it is also important to ensure equilibrium 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 HAS ADOPTED THIS REGULATION : the need to avoid disturbances on the Community market ;

Article 1 Whereas Council Regulation (EEC) No 2744/75 of 29 October 1975 on the import and export system for products processed from cereals and from rice (4), as last The export refunds on malt listed in Article 1 (d) of Regu­ amended by Regulation (EEC) No 1027/84 Q, defines the lation (EEC) No 2721US subject to Regulation (EEC) No specific criteria to be taken into account when the refund 2744/75 shall be as set out in the Annex hereto . on these products is being calculated ;

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

This Regulation shall enter into force on 24 January (') OJ No L 281 , 1 . 11 . 1975, p. 1 . 1986 . 0 OJ No L 362, 31 . 12. 1985, p. 8 . 0 OJ No L 281 , 1 . 11 . 1975, p. 78 . (4) OJ No L 281 , 1 . 11 . 1975, p. 65. 0 OJ No L 107, 19 . 4. 1984, p. 15 . (6) OJ No L 164, 24. 6. 1985 , p. 1 .

No L 18 /36 24 . 1 . 86 Official Journal of the European Communities

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

Done at Brussels, 23 January 1986.

For the Commission Frans ANDRIESSEN Vice-President

ANNEX

to the Commission Regulation of 23 January 1986 fixing the export refunds on malt

(ECU / tonne)

CCT heading No Refund

11.07 A I b) 83,79 11.07 A II b) 129,66 11.07 B 151,11