31992R0570

6. 3 . 92 No L 61 /25 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 570/92 of 5 March 1992 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN 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 destin­ ation ;

Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the Whereas, if the refund system is to operate normally, market in cereals ('), as last amended by Regulation (EEC) refunds should be calculated on the following basis : No 3577/90 (2), and in particular the fourth subparagraph — in the case of currencies which are maintained in rela­ of Article 16 (2) thereof, tion to each other at any given moment within a band of 2,25 % , a rate of exchange based on their central rate, multiplied by the corrective factor provided for in Whereas Article 16 of Regulation (EEC) No 2727/75 the last paragraph of Article 3 (1 ) of Council Regula­ provides that the difference between quotations or prices tion (EEC) No 1676/85 (6), as last amended by Regula­ on the world market for the products listed in Article 1 of tion (EEC) No 2205/90 0, those Regulations and prices for those products within the Community may be covered by an export refund ; — for the other currencies, an exchange rate based on an average of the ecu rates published in the Official Journal of the European Communities, C series, over a period to be determined, multiplied by the coeffi­ Whereas Article 2 of Council Regulation (EEC) No cient referred to in the preceding indent ; 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 (3) provides that when refunds Whereas the refund must be fixed once a month ; are being fixed account must be taken of the existing whereas it may be altered in the intervening period ; 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 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 specific criteria to be taken into account when the refund The export refunds on malt listed in Article 1 (d) of Regu­ on these products is being calculated ; lation (EEC) No 2727/75 subject to Regulation (EEC) No 2744/75 shall be as set out in the Annex hereto.

Whereas it follows from applying these detailed rules to the present situation on the market in products processed Article 2 from cereals and rice that the export refund should be

(') OJ No L 281 , 1 . 11 . 1975, p. 1 . This Regulation shall enter into force on 6 March 1992. (2) OJ No L 353, 17. 12. 1990, p. 23 . f) OJ No L 281 , 1 . 11 . 1975, p. 78 . O OJ No L 281 , 1 . 11 . 1975, p. 65. (6) OJ No L 164, 24. 6. 1985, p. 1 . O OJ No L 182, 3. 7. 1987, p. 49. 0 OJ No L 201 , 31 . 7. 1990, p . 9.

No L 61 /26 6 . 3 . 92 Official Journal of the European Communities

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

Done at Brussels, 5 March 1992.

For the Commission Ray MAC SHARRY Member of the Commission

ANNEX

to the Commission Regulation of 5 March 1992 fixing the export refunds on malt

(ECU / tonne) Product code Refund

1107 10 19 000 78,00 1107 10 99 000 118,00 1107 20 00 000 138,00

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 ).