31990R3450

No L 333 /57 30 . 11 . 90 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 3450/90 of 29 November 1990 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 destin­ ation ; Having regard to the Treaty establishing the European 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 Portugal, — in the case of currencies which are maintained in rela­ tion to each other at any given moment within a band Having regard to Council Regulation (EEC) No 2727/75 of 2,25 %, a rate of exchange based on their central of 29 October 1975 on the common organization of the rate, multiplied by the corrective factor provided for in market in cereals ('), as last amended by Regulation (EEC) the last paragraph of Article 3 ( 1 ) of Council Regula­ No 1340/90 (2), and in particular the fourth subparagraph tion (EEC) No 1 676/85 (6), as last amended by Regula­ of Article 16 (2) thereof, tion (EEC) No 2205/90 Q,

— for the other currencies, an exchange rate based on an Having regard to the opinion of the Monetary Committee, average of the ecu rates published in the Official Journal of the European Communities, C series, over Whereas Article 16 of Regulation (EEC) No 2727/75 a period to be determined, multiplied by the coeffi­ provides that the difference between quotations or prices cient referred to in the preceding indent ; on the world market for the products listed in Article 1 of those Regulations and prices for those products within Whereas the refund must be fixed once a month ; the Community may be covered by an export refund ; whereas it may be altered in the intervening period ;

Whereas Article 2 of Council Regulation (EEC) No Whereas, pursuant to Article 275 of the Act of Accession, 2746/75 of 29 October 1975 laying down general rules for refunds may be granted in the case of exports to Portugal ; granting export refunds on cereals and criteria for fixing whereas, in the light of the situation and the level of the amount of such refunds (3) provides that when refunds prices no refund should be fixed in the case of exports to are being fixed account must be taken of the existing Portugal ; situation and the future trend with regard to prices and availabilities of cereals on the Community market on the Whereas the measures provided for in this Regulation are one hand and prices for cereals and cereal products on in accordance with the opinion of the Management the world market on the other ; whereas the same Article Committee for Cereals, 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 the need to HAS ADOPTED THIS REGULATION : avoid disturbances on the Community market ;

Whereas Council Regulation (EEC) No 2744/75 of 29 Article 1 October 1975 on the import and export system for products processed from cereals and from rice (4), as last amended by Regulation (EEC) No 1906/87 (*), defines the 1 . The export refunds on malt listed in Article 1 (d) of specific criteria to be taken into account when the refund Regulation (EEC) No 2727/75 subject to Regulation (EEC) on these products is being calculated ; No 2744/75 shall be as set out in the Annex hereto.

Whereas it follows from applying these detailed rules to 2. The refund on export to Portugal has not been fixed. 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 Article 2 between Community prices and world market prices ; This Regulation shall enter into force on 1 December (') OJ No L 281 , 1 . 11 . 1975, p. 1 . 1990 . (2) OJ No L 134, 28 . 5. 1990, p. 1 . (3) OJ No L 281 , 1 . 11 . 1975, p. 78 . (<) OJ No L 281 , 1 . 11 . 1975, p . 65. H OJ No L 164, 24. 6. 1985, p. 1 . (4 OJ No L 182, 3. 7. 1987, p. 49. 0 OJ No L 201 , 31 . 7. 1990, p. 9 .

30 . 11 . 90 No L 333 /58 Official Journal of the European Communities

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

Done at Brussels, 29 November 1990 . For the Commission Ray MAC SHARRY Member of the Commission

ANNEX

to the Commission Regulation of 29 November 1990 fixing the export refunds on malt

(ECU / tonne)

Product code Refund

1107 10 19 000 133,00 1107 10 99 000 144,30 1107 20 00 000 168,15

NB : The product codes and the footnotes are defined in amended Commission Regulation (EEC) No 3846/87 (OJ No L 366, 24. 12. 1987, p. 1 ).