31988R0174

22 . 1 . 88 Official Journal of the European Communities No L 18/69

COMMISSION REGULATION (EEC) No 174/88

of 21 January 1988 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN Whereas the world market situation or the specific COMMUNITIES, requirements of certain markets may make it necessary to vary the refund for certain products according to destina­ Having regard to the Treaty establishing the European tion ; Economic Community, Whereas, if the refund system is to operate normally, refunds should be calculated on the following basis : Having regard to the Act of Accession of Spain and — in the case of currencies which are maintained in rela­ Portugal, tion to each other at any given moment within a band of 2,25 % , a rate of exchange based on their central Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the rate, multiplied by the corrective factor provided for in the last paragraph of Article 3 (1 ) of Council Regula­ market in cereals ('), as last amended by Regulation (EEC) tion (EEC) No 1676/85 (*), as last amended by Regula­ No 3989/87 (2), and in particular the fourth subparagraph tion (EEC) No 1636/87 0, of Article 16 (2) thereof, — for other currencies, an exchange rate based on the arithmetic mean of the spot market rates of each of Having regard to the opinion of the Monetary Committee, these currencies recorded for a given period in rela­ tion to the Community currencies referred to in the Whereas Article 16 of Regulation (EEC) No 2727/75 previous indent and the aforesaid coefficient ; provides that the difference between quotations or prices on the world market for the products listed in Article 1 of Whereas, following the introduction of the 'combined those Regulations and prices for those products within nomenclature' by Council Regulation (EEC) No the Community may be covered by an export refund ; 2658/87 (8), the nomenclature applicable from 1 January 1988 to export refunds on agricultural products was esta­ Whereas Article 2 of Council Regulation (EEC) No blished by Regulation (EEC) No 3846/87 (') ; 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 the amount of such refunds (3), provides that when whereas it may be altered in the intervening period ; refunds are being fixed account must be taken of the Whereas, pursuant to Article 275 of the Act of Accession existing situation and the future trend with regard to of Spain and Portugal, refunds may be granted in the case prices and availabilities of cereals on the Community of exports to Portugal ; whereas, in the light of the situa­ market on the one hand and prices for cereals and cereal tion and the level of prices no refund should be fixed in products on the world market on the other ; whereas the the case of exports to Portugal ; same Article provides that it is also important to ensure equilibrium and the natural development of prices and Whereas the measures provided for in this Regulation are trade on cereal markets and, furthermore, to take into in accordance with the opinion of the Management account the economic aspect of the proposed exports, and Committee for Cereals, the need to avoid disturbances on the Community 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 1906/87 (^ defines the The export refunds on malt listed in Article 1 (d) of Regu­ specific criteria to be taken into account when the refund lation (EEC) No 2727/75 subject to Regulation (EEC) No on these products is being calculated ; 2744/75 shall be as set out in the Annex hereto.

The refund on export to Portugal has not been fixed. Whereas it follows from applying these detailed rules to the present situation on the market in products processed from cereals and rice that the export refund should be Article 2 fixed at an amount which will cover the difference between Community prices and world market prices ; This Regulation shall enter into force on 22 January 1988 .

(') OJ No L 281 , 1 . 11 . 1975, p. 1 . (2) OJ No L 377, 31 . 12. 1987, p. 1 . (*) OJ No L 164, 24. 6. 1985, p. 1 . (3) OJ No L 281 , 1 . 11 . 1975, p. 78 . 0 OJ No L 153, 13 . 6. 1987, p. 1 . (") OJ No L 281 , 1 . 11 . 1975, p. 65. (8) OJ No L 256, 7. 9 . 1987, p. 1 . j5) OJ No L 182, 3. 7. 1987, p. 49. 9 OJ No L 366, 24. 12. 1987, p. 1 .

22. 1 . 88 No L 18/70 Official Journal of the European Communities

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

States .

Done at Brussels, 21 January 1988 . For the Commission Frans ANDRIESSEN Vice-President

ANNEX

to the Commission Regulation of 21 January 1988 fixing the export refunds on malt

(ECU/ tonne)

Product code Refund

1107 10 19 000 146,30 1107 10 99 000 182,54 1107 20 00 000 212,74