6 . 12. 85 Official Journal of the European Communities No L 326/37
COMMISSION REGULATION (EEC) No 3439/85
of 5 December 1985
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 ;
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
tion ;
Whereas, if the refund system is to operate normally,
refunds should be calculated on the following basis :
— in the case of currencies which are maintained in rela
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 coefficient provided for in
Article 2b (2) of Regulation (EEC) No 974/71 (*), as
last amended by Regulation (EEC) No 855/84 f),
— for other currencies, an exchange rate based on the
arithmetic mean of the spot market rates of each of
these currencies recorded for a given period in rela
tion to the Community currencies referred to in the
previous indent and the aforesaid coefficient ;
Whereas the refund must be fixed once a month ;
whereas it may be altered in the intervening period ;
Whereas the Management Committee for Cereals has not
delivered an opinion within the time limit set by its
chairman,
Having regard to the Treaty establishing the European
Economic Community,
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)
No 1018/84 (2), and in particular the fourth subparagraph
of Article 16 (2) thereof,
Having regard to the opinion of the Monetary Committee,
Whereas Article 16 of Regulation (EEC) No 2727/75
provides that the difference between quotations or prices
on the world market for the products listed in Article 1 of
those Regulations and prices for those products within
the Community may be covered by an export refund ;
Whereas Article 2 of Council Regulation (EEC) No
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 are being fixed account must be taken of the
existing situation and the future trend with regard to
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
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 :
Article 1
The export refunds on malt listed in Article 1 (d) of Regu
lation (EEC) No 2727/75 subject to Regulation (EEC) No
2744/75 shall be as set out in the Annex hereto .
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
amended by Regulation (EEC) No 1027/84 (*), defines the
specific criteria to be taken into account when the refund
on these products is being calculated ;
Whereas it follows from applying these detailed rules to
the present situation on the market in products processed
Article 2
This Regulation shall enter into force on 6 December
1985 .(') OJ No L 281 , 1 . 11 . 1975, p. 1 .
0 OJ No L 107, 19 . 4. 1984, p. 1 .
0 OJ No L 281 , 1 . 11 . 1975, p. 78 .
{*) OJ No L 281 , 1 . 11 . 1975, p. 65 .
0 OJ No L 107, 19 . 4 . 1984, p. 15 .
0 OJ No L 106, 12. 5 . 1971 , p . 1 .
0 OJ No L 90, 1 . 4. 1984, p . 1 .
No L 326/38 Official Journal of the European Communities 6 . 12 . 85
This Regulation shall be binding in its entirety and directly applicable in all Member
States .
Done at Brussels, 5 December 1985.
For the Commission
Frans ANDRIESSEN
Vice-President
ANNEX
to the Commission Regulation of 5 December 1985 fixing the export refunds on malt
(ECU/ tonne)
CCT heading No Refund
11.07 A I b) 74,48
11.07 A II b) 128,77
11.07 B 150,07
Full & Egal Universal Law Academy