31987R3867

23 . 12. 87 No L 363/47 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 3867/87 of 22 December 1987 fixing the corrective amount applicable to the refund on malt

THE COMMISSION OF THE EUROPEAN COMMUNITIES, Whereas the world market situation or the specific requi­ rements of certain markets may make it necessary to vary Having regard to the Treaty establishing the European the corrective amount according to destination ; Economic Community, Whereas the corrective amount must be fixed at the same time as the refund and according to the same procedure ; Having regard to the Act of Accession of Spain and whereas it may be altered in the period between fixings ; Portugal, Whereas, if the system of corrective amounts is to operate Having regard to Council Regulation (EEC) No 2727/75 normally, corrective amounts should be calculated on the of 29 October 1975 on the common organization of the following basis : market in cereals ('), as last amended by Council Regula­ tion (EEC) No 3808/87 (2), — in the case of currencies which are maintained in rela­ tion to each other at any given moment within a band Having regard to Council Regulation (EEC) No 2746/75 of 2,25 % , a rate of exchange based on their central of 29 October 1975 laying down general rules for granting rate, multiplied by the corrective factor provided for in export refunds on cereals and criteria for fixing the the last paragraph of Article 3 (1 ) of Council Regula­ amount of such refunds (3), tion (EEC) No 1676/85 f), as last amended by Regula­ tion (EEC) No 1636/87 (8); Having regard to the opinion of the Monetary Committee, — for other currencies, an exchange rate based on the arithmetic mean of the spot market rates of each of Whereas Article 16 (4) of Regulation (EEC) No 2727/75 these currencies recorded over a given period in rela­ provides that the export refund applicable to cereals on tion to the Community currencies referred to in the the day on which application for an export licence is preceding indent, and the aforesaid coefficient ; made, adjusted for the threshold price in force during the month of exportation, must be applied on request to Whereas it follows from applying the provisions , set out above that the corrective amount must be as set out in the exports to be effected during the period of validity of the export licence ; whereas, in this case, a corrective amount Annex hereto ; must be applied to the refund ; Whereas, following the introduction of the combined nomenclature by Council Regulation (EEC) No Whereas Council Regulation (EEC) No 2744/75 of 29 2658/87 (9) the nomenclature applicable from 1 January October 1975 on the import and export system for 1988 to export refunds on agricultural products was esta­ products processed from cereals and from rice (4), as last blished by Regulation (EEC) No 3846/87 (10) ; amended by Regulation (EEC) No 1906/87 (*), made possible the fixing of a corrective amount for certain Whereas the measures provided for in this Regulation are products listed in Article 1 (d) of Regulation (EEC) No 2727/75 ; in accordance with the opinion of the Management Committee for Cereals, Whereas Regulation Commission (EEC) No 1281 /75 (*) 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 corrective Article 1 amount is being fixed in respect of malt, account must be taken of the existing situation and the future trend with The corrective amount referred to in Article . 16 (4) of regard to the possibilities and conditions for the sale of Regulation (EEC) No 2727/75 which is applicable to the cereals concerned and of malt on the world market ; export refunds fixed in advance in respect of malt shall be as set out in the Annex hereto. whereas the same Regulation also provides that account must be taken of the quantity of cereals needed for making malt, the economic aspect of exports and the Article 2 need to avoid disturbances on the Community market ;

This Regulation shall enter into force on 1 January 1988 . (') OJ No L 281 , 1 . 11 . 1975, p. 1 . (2) OJ No L 357, 19. 12. 1987, p. 12. (3) OJ No L 281 , 1 . 11 . 1975, p. 78 . 0 OJ No L 164, 24. 6. 1985, p. 1 . (4) OJ No L 281 , 1 . 11 . 1975, p. 65. (8) OJ No L 153, 13 . 6. 1987, p. 1 . 0 OJ No L 182, 3. 7. 1987, p. 49 . 0 OJ No L 256, 7. 9. 1987, p. 1 . 0 OJ No L 131 , 22. 5. 1975, p. 15. (I0) OJ No L 366, 24. 12. 1987, p. 1

No L 363/48 23 . 12. 87 Official Journal of the European Communities

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

Done at Brussels, 22 December 1987. For the Commission Frans ANDRIESSEN Vice-President

23 . 12. 87 Official Journal of the European Communities No L 363/49

ANNEX

to the Commission Regulation of 22 December 1987 fixing the corrective amount applicable to the refund on malt

(ECU/tonne) Current 1st period 2nd period 3rd period 4th period 5th period Product code 1 2 3 4 5 6

1107 10 11 000 0 0 0 0 0 • 0 1107 10 19 000 0 0 0 0 0 0 1107 10 91 000 0 0 0 0 0 . 0 1107 10 99 000 0 0 0 0 0 0 1107 20 00 000 0 0 0 0 0 0

(ECU/tonne) 6th period 7th period 8th period 9th period 10th period 11th period Product code 7 8 9 10 11 12

1107 10 11 000 0 0 0 0 0 0 1107 10 19 000 0 0 , 0 0 0 0 1107 10 91 000 0 0 0 0 0 0 1107 10 99 000 0 0 0 0 0 0 1107 20 00 000 0 0 0 0 0 0