31978R0627

31 . 3 . 78 No L 84/ 27 Official Journal of the European Communities

COMMISSION REGULATION ( EEC) No 627 / 78 of 30 March 1978 fixing the corrective amount applicable to the refund on malt

THE COMMISSION OF THE EUROPEAN of exports and the need to prevent disturbances on COMMUNITIES, the Community market ;

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 neces­ sary to vary the corrective amount according to desti­ Having regard to Council Regulation (EEC) No nation ; 2727/75 of 29 October 1975 on the common organiza­ tion of the market in cereals (*), as last amended by Whereas the corrective amount must be fixed at the Regulation (EEC) No 2560/77 (2), and in particular the same time as the refund and according to the same third sentence of the second subparagraph of Article procedure ; whereas it may be altered in the period 16 (4) thereof, between fixings ; Having regard to Council Regulation (EEC) No 2746/75 of 29 October 1975 laying down general Whereas, if the system of corrective amounts is to rules for granting export refunds on cereals and operate normally, corrective amounts should be calcu­ criteria for fixing the amount of such refunds (3 ), lated on the following basis :

— in the case of currencies, which are maintained in Having regard to the opinion of the Monetary Committee , relation to each other, at any given moment, within a band of 2-25 % , a rate of exchange based Whereas Article 16 (4) of Regulation (EEC) No on their effective parity, 2727/75 provides that the export refund applicable to — for other currencies an exchange rate based on the cereals on the day on which application for an export arithmetic mean of the spot market rates of each licence is made, adjusted for the threshold price in of these currencies recorded for a given period , in force during the month of exportation , must be relation to the Community currencies referred to applied on request to exports to be effected during the in the preceding subparagraph ; period of validity of the export licence ; whereas, in this case, the corrective amount must be applied to Whereas it follows from applying the provisions the refund ; referred to above that the corrective amount must be Whereas Council Regulation (EEC) No 2744/75 of 29 fixed as shown in the tables annexed to this Regula­ tion ; October 1975 on the import and export system for products processed from cereals and from rice (4 ), as last amended by Regulation ( EEC) No 2560 /77 , made Whereas the measures provided for in this Regulation possible the fixing of a corrective amount for certain are in accordance with the opinion of the Manage­ products listed in Article 1 (d) of Regulation (EEC) No ment Committee for Cereals, 2727/75 ;

Whereas Regulation (EEC) No 1281 /75 (5) laid down detailed rules for the advance fixing of export refunds HAS ADOPTED THIS REGULATION : for cereals and certain products processed from cereals ; Article -1 Whereas, pursuant to that Regulation , when the correc­ tive amount is being fixed in respect of malt, account must be taken of the existing situation and the future The corrective amount referred to in Article 16 (4) of trend with regard to the possibilities and conditions Regulation (EEC) No 2727/75 which is applicable to for the sale of the cereals concerned and of malt on export refunds fixed in advance in respect of malt is the world market ; whereas the same Regulation also hereby fixed as shown in the tables annexed to this provides that account must be taken of the quantity of Regulation . cereals needed for making malt, the economic aspect

(!) OJ No L 281 , 1 . 11 . 1975, p. 1 . Article 2 (2) OJ No L 303 , 28 . 11 . 1977, 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 1 April (5) OJ No L 131 , 22. 5. 1975, p. 15. 1978 .

No L 84 / 28 31 . 3 . 78 Official Journal of the European Communities

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

Done at Brussels, 30 March 1978 . For the Commission Finn GUNDELACH Vice-President

ANNEX

to the Commission Regulation of 30 March 1978 fixing the corrective amount applicable to the refund on malt

(u.a./tonne)

Current 1st period 2nd period 3rd period 4th period 5th period CCT heading No 4 5 6 7 8 9

0 0 0 0 0 — 11.07 A I a) 0 0 0 0 0 — 11.07 A I b) 11.07 A II a) 0 0 0 0 0 0 0 0 0 0 II 11.07 A II b) 11.07 B 0 0 0 0 0 0

(u.a./tonne)

6th period 7th period 8th period 9th period 10th period 11th period CCT heading No 10 1 1 12 1 2 3

_ 11.07 A I a)

— — — — — — 11.07 A I b)

— — — — — — 11.07 A II a) 11.07 A II b) —75.00 —75.00 —75.00 —75.00 —75.00 —7500 11.07 B —87.41 —87.41 — 87-41 —87.41 —87-41 — 87.41