31979R2518

No L 289/ 12 16 . 11 . 79 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 2518/79 of 15 November 1979 fixing the export refunds on malt

THE COMMISSION OF THE EUROPEAN Whereas it follows from applying these detailed rules COMMUNITIES , 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 Having regard to the Treaty establishing the European difference between Community prices and world Economic Community, market prices ;

Having regard to Council Regulation (EEC) No Whereas the world market situation or the specific 2727/75 of 29 October 1975 on the common organiza­ requirements of certain markets may make it neces­ tion of the market in cereals ( J ), as last amended by sary to vary the refund for certain products according Regulation (EEC) No 1 547/79 (2), and in particular the to destination ; fourth subparagraph of Article 16 (2) thereof, Whereas, if the refund system is to operate normally, Having regard to the opinion of the Monetary refunds should be calculated on the following basis : Committee, — in the case of currencies which are maintained in relation to each other at any given moment within Whereas Article 16 of Regulation (EEC) No 2727/75 a band of 2-25 % , a rate of exchange based on provides that the difference between quotations or their effective parity ; prices on the world market for the products listed in — for other currencies, an exchange rate based on the Article 1 of those Regulations and prices for those arithmetic mean of the spot market rates of each products within the Community may be covered by of these currencies recorded for a given period in an export refund ; relation to the Community currencies referred to in the previous indent ; Whereas Article 2 of Council Regulation (EEC) No 2746/75 of 29 October 1975 laying down general Whereas the refund must be fixed once a month ; rules for granting export refunds on cereals and whereas it may be altered in the intervening period ; 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 Whereas the measures provided for in this Regulation trend with regard to prices and availabilities of cereals are in accordance with the opinion of the Manage­ on the Community market on the one hand and ment Committee for Cereals, 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 equili­ brium and the natural development of prices and trade on cereal markets and, furthermore, to take into HAS ADOPTED THIS REGULATION : account the economic aspect of the proposed exports, and the need to avoid disturbances on the Commu­ nity market ; Article 1

Whereas Council Regulation (EEC) No 2744/75 of 29 October 1975 on the import and export system for The export refunds on malt listed in Article 1 (d) of products processed from cereals and from rice (4), as Regulation (EEC) No 2727/75 subject to Regulation last amended by Regulation (EEC) No 2245/78 (5), (EEC) No 2744/75 shall be as set out in the Annex hereto . defines the specific criteria to be taken into account when the refund on these products is being calcu­ lated :

Article 2 (!) OJ No L 281 , 1 . 11 . 1975, p. 1 . (2) OJ No L 188 , 26 . 7. 1 979, p. 1 . (3) OJ No L 281 , 1 . 11 . 1975, p. 78 . (4) OJ No L 281 , 1 . 11 . 1975, p. 65. This Regulation shall enter into force on 16 5) OJ No L 273, 29 . 9 . 1978 . p. 1 . November 1979 .

16 . 11 . 79 Official Journal of the European Communities No L 289/ 13

StatesRegulation Sha" be binding in its entirety and directly applicable in all Member

Done at Brussels, 15 November 1979 .

For the Commission

Finn GUNDELACH Vice-President

ANNEX

to the Commission Regulation of 15 November 1979 fixing the export refunds on malt

(ECU / tonne)

CCT heading No Refund

11.07 A I b) 53.20 I

11.07 A II b) 66.63 11.07 B 77-66