31986R0276

No L 32 /24 Official Journal of the European Communities 7. 2 . 86

COMMISSION REGULATION (EEC) No 276/86 of 6 February 1986 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN Whereas it follows from applying these detailed rules to COMMUNITIES, the present situation on the market in products processed from cereals and rice that the 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 necessary to vary the refund for certain products according to destina­ Having regard to Council Regulation (EEC) No 2727/75 tion ; 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 fate, multiplied by the corrective factor provided for in the last paragraph of Article 3 ( 1 ) of Council Regula­ tion (EEC) No 1676/ 85 (6), Whereas Article 16 of Regulation (EEC) No 2727/75 — for other currencies, an exchange rate based on the provides that the difference between quotations or prices arithmetic mean of the spot market rates of each of on the world market for the products listed in Article 1 of these currencies recorded for a given period in rela­ those Regulations and prices for those products within tion to the Community currencies referred to in the the Community may be covered by an export refund ; previous indent and the aforesaid coefficient ;

Whereas the refund must be fixed once a month ; Whereas Article 2 of Council Regulation (EEC) No whereas it may be altered in the intervening period ; 2746/75 of 29 October 1975 laying down general rules for granting export refunds on cereals and criteria for fixing the amount of such refunds ('), provides that when Whereas the measures provided for in this Regulation are refunds are being fixed account must be taken of the in accordance with the opinion of the Management existing situation and the future trend with regard to Committee for Cereals, prices and availabilities of cereals 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 provides that it is also important to ensure equilibrium and the natural development of prices and HAS ADOPTED THIS REGULATION : 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 Community market ; Article 1

The export refunds on malt listed in Article 1 (d) of Regu­ Whereas Council Regulation ( EEC) No 2744/75 of 29 lation (EEC) No 2727/75 subject to Regulation (EEC) No October 1975 on the import and export system for 2744/75 shall be as set out in the Annex hereto . products processed from cereals and from rice (4), as last amended by Regulation (EEC) No 1 027/ 84 (5), defines the specific criteria to be taken into account when the refund on these products is being calculated ; Article 2

(■) OJ No L 281 , 1 . 11 . 1975, p. 1 . (2) OJ No L 362, 31 . 12. 1985, p. 8 . This Regulation shall enter into force on 7 February 1986. (■') 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. («•) OJ No L 164, 24. 6 . 1985, p. 1 .

7. 2. 86 Official Journal of the European Communities No L 32/25

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

Done at Brussels, 6 February 1986. For the Commission Frans ANDRIESSEN Vice-President

ANNEX

to the Commission Regulation of 6 February 1986 fixing the export refunds on malt

(ECU / tonne)

CCT heading No Refund

11.07 A I b) 91,77 11.07 A II b) 139,86 11.07 B 163,00