31992R0049

No L 5/ 18 Official Journal of the European Communities 10 . 1 . 92

COMMISSION REGULATION (EEC) No 49/92 of 9 January 1992 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN COMMUNITIES, 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 destin­ ation ; 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 3577/90 (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 Council Regula­ tion (EEC) No 1676/85 (*), as last amended by Regula­ Whereas Article 16 of Regulation (EEC) No 2727/75 tion (EEC) No 2205/90 0, provides that the difference between quotations or prices on the world market for the products listed in Article 1 of — for the other currencies, an exchange rate based on an those Regulations and prices for those products within average of the ecu rates published in the Official the Community may be covered by an export refund ; Journal of the European Communities, C series, over a period to be determined, multiplied by the coeffi­ cient referred to in the preceding indent ; 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 prices and Whereas the measures provided for in this Regulation are availabilities of cereals on the Community market on the in accordance with the opinion of the Management one hand and prices for cereals and cereal products on Committee for Cereals, 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 the need to HAS ADOPTED THIS REGULATION : 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 1906/87 (*), defines the lation (EEC) No 2727/75 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 10 January (') OJ No L 281 , 1 . 11 . 1975, p. 1 . 1992 . (2) OJ No L 353, 17. 12. 1990, p. 23. 0 OJ No L 281 , 1 . 11 . 1975, p. 78 . (<) OJ No L 281 , 1 . 11 . 1975, p. 65. (*) OJ No L 164, 24. 6. 1985, p. 1 . 0 OJ No L 182, 3 . 7. 1987, p. 49 . 0 OJ No L 201 , 31 . 7. 1990, p. 9 .

10 . 1 . 92 No L 5/ 19 Official Journal of the European Communities

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

Done at Brussels, 9 January 1992. For the Commission Ray MAC SHARRY Member of the Commission

ANNEX

to the Commission Regulation of 9 January 1992 fixing the export refunds on malt

(ECU / tonne) Product code Refund

110710 19 000 102,00 1107 10 99 000 128,00 1107 20 00 000 149,00

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