No L 347/48 Official Journal of the European Communities 9 . 12. 83
COMMISSION REGULATION (EEC) No 3488/83
of 8 December 1983
fixing the export refunds on malt
THE COMMISSION OF THE EUROPEAN
COMMUNITIES,
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 organi
zation of the market in cereals ('), as last amended by
Regulation (EEC) No 1451 /82 (2), and in particular the
fourth subparagraph of Article 16 (2) thereof,
Having regard to the opinion of the Monetary
Committee,
defines the specific criteria to be taken into account
when the refund on these products is being calcu
lated ;
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 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
destination ;
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
relation to each other at any given moment within
a band of 2,25 %, a rate of exchange based on
their central rate,
— 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
relation to the Community currencies referred to
in the previous indent ;
Whereas the refund must be fixed once a month ;
whereas it may be altered in the intervening period ;
Whereas the measures provided for in this Regulation
are in accordance with the opinion of the Management
Committee for Cereals,
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 Commu
nity 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 impor
tant to ensure equilibrium and the natural develop
ment 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 distur
bances on the Community market ;
HAS ADOPTED THIS REGULATION :
Article 1
The export refunds on malt listed in Article 1 (d) of
Regulation (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 414/83 (*),
(') OJ No L 281 , 1 . 11 . 1975, p. 1 .
(2) OJ No L 164, 14 . 6 . 1982, p. 1 .
3) OJ No L 281 , 1 . 11 . 1975, p. 78 .
Article 2
This Regulation shall enter into force on 9 December
1983 .
(4) OJ No L 281 , 1 . 11 . 1975, p . 65 .
h OJ No L 51 , 24 . 2 . 1983 , p . 1 .
9 . 12. 83 Official Journal of the European Communities No L 347/49
This Regulation shall be binding in its entirety and directly applicable in all Member
States .
Done at Brussels , 8 December 1983 .
For the Commission
Poul DALSAGER
Member of the Commission
ANNEX
to the Commission Regulation of 8 December 1983 fixing the export refunds on malt
(ECU/ tonne)
CCT heading No Refund
11.07 Alb) 52,54
11.07 A II b) 41,91
11.07 B 48,84
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