31978R1480

30 . 6 . 78 Official Journal of the European Communities No L 176/39

COMMISSION REGULATION ( EEC) No 1480/ 78 of 29 June 1978 fixing the corrective amount applicable to the refund on malt

THE COMMISSION OF THE EUROPEAN cereals needed for making malt, the economic aspect COMMUNITIES, of exports and the need to prevent disturbances on the Community market ; Having regard to the Treaty establishing the European Economic Community, Whereas the world market situation or the specific requirements of certain markets may make it neces­ Having regard to Council Regulation (EEC) No sary to vary the corrective amount according to desti­ 2727/75 of 29 October 1975 on the common organiza­ nation ; tion of the market in cereals ( !), as last amended by Regulation (EEC) No 1254/78 (2), and in particular the Whereas the corrective amount must be fixed at the third sentence of the second subparagraph of Article same time as the refund and according to the same 16 (4) thereof, procedure ; whereas it may be altered in the period between fixings ; Having regard to Council Regulation (EEC) No 2746/75 of 29 October 1975 laying down general rules for granting export refunds on cereals and Whereas, if the system of corrective amounts is to criteria for fixing the amount of such refunds (3), operate normally, corrective amounts should be calcu­ lated on the following basis : Having regard to the opinion of the Monetary — in the case of currencies which are maintained in Committee , relation to each other at any given moment within Whereas Article 16 (4) of Regulation ( EEC) No a band of 2-25 % , a rate of exchange based on 2727/75 provides that the export refund applicable to their effective parity, cereals on the day on which application for an export — for other currencies, an exchange rate based on the licence is made, adjusted for the threshold price in arithmetic mean of the spot market rates of each force during the month of exportation , must be of these currencies recorded for a given period in applied on request to exports to be effected during the relation to the Community currencies referred to period of validity of the export licence ; whereas, in in the preceding subparagraph ; this case, the corrective amount must be applied to the refund ; Whereas it follows from applying the provisions 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 October 1975 on the import and export system for tion ; products processed from cereals and from rice (4 ), as last amended by Regulation (EEC) No 2560 /77 (5 ), made possible the fixing of a corrective amount for Whereas the measures provided for in this Regulation certain products listed in Article 1 (d) of Regulation are in accordance with the opinion of the Manage­ ment Committee for Cereals, ( EEC) No 2727/ 75 ;

Whereas Regulation ( EEC) No 1281 /75 ( 6) laid down detailed rules for the advance fixing of export refunds for cereals and certain products processed from HAS ADOPTED THIS REGULATION : cereals ;

Whereas, pursuant to that Regulation , when the correc­ Article 1 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 for the sale of the cereals concerned and of malt on Regulation (EEC) No 2727/75 which is applicable to 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 . ') OJ No L 281 , 1.11 . 1975, p. 1 . 2 ) OJ No L 156, 14. 6 . 1978 , p. 1 . 3) OJ No L 281 , 1 . 11 . 1975, p. 78 . Article 2 4 ) OJ No L 281 , 1 . 11 . 1975, p. 65 . 5 ) OJ No L 303 , 28 . 11 . 1977, p. 1 . o) OJ No L 131 , 22 . 5 . 1975, p. 15 . This Regulation shall enter into force on 1 July 1978 .

No L 176/40 30 . 6 . 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, 29 June 1978 .

For the Commission

Finn GUNDELACH

Vice-President

ANNEX

to the Commission Regulation of 29 June 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 7 8 9 10 11 12

11.07 A I a) 0 0 0 0 0

0 0 0 0 0 — 11.07 A I b) 0 0 0 0 0 — 11.07 A II a) 11.07 A II b) 0 0 0 0 0 —75.00 11.07 B 0 0 0 0 0 —87.41

(u.a./tonne)

6th period 7th period 8th period 9th period 10th period 1 1 th period CCT heading No 1 2 3 4 5 6

11.07 A I a) 11.07 A I b) 11.07 A II a) 11.07 A II b) —7500 —75.00 —75.00 —75.00 —75.00 —75-00 11.07 B —87.41 —87-41 —87.41 —87.41 —87-41 —87-41