31988R1908

No L 168/ 107 1 . 7. 88 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 1908/88 of 30 June 1988 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 the corrective amount according to destination ; Having regard to the Treaty establishing the European 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 the Council has not to date adopted the prices Having regard to Council Regulation (EEC) No 2727/75 for the 1988/89 marketing year, which commences of 29 October 1975 on the common organization of the on 1 July 1988 ; whereas the price factors determined market in cereals ('), as last amended by Council Regula­ by Commission Regulation (EEC) No 1914/88 (*) should tion (EEC) No 1097/88 (2), accordingly be taken into account for the calculation in order to ensure that the export arrangements continue to Having regard to Council Regulation (EEC) No 2746/75 operate in the sector concerned ; of 29 October 1975 laying down general rules for granting export refunds on cereals and criteria for fixing the Whereas, if the system of corrective amounts is to operate amount of such refunds (3), normally, corrective amounts should be calculated on the following basis : Having regard to the opinion of the Monetary Committee, — in the case of currencies which are maintained in rela­ tion to each other at any given moment within a band Whereas Article 16 (4) of Regulation (EEC) No 2727/75 of 2,25 % , a rate of exchange based on their central provides that the export refund applicable to cereals on rate, multiplied by the corrective factor provided for in the day on which application for an export licence is the last paragraph of Article 3 (1 ) of Council Regula­ made, adjusted for the threshold price in force during the tion (EEC) No 1676/85 (8), as last amended by Regula­ month of exportation, must be applied on request to tion (EEC) No 1636/87 (»); exports to be effected during the period of validity of the — for other currencies, an exchange rate based on the export licence ; whereas, in this case, a corrective amount arithmetic mean of the spot market rates of each of must be applied to the refund ; these currencies recorded over a given period in rela­ tion to the Community currencies referred to in the Whereas Council Regulation (EEC) No 2744/75 of 29 preceding indent, and the aforesaid coefficient ; October 1975 on the import and export system for products processed from cereals and from rice (*), as last Whereas it follows from applying the provisions set out amended by Regulation (EEC) No 1906/87 (*), made above that the corrective amount must be as set out in the possible the fixing of a corrective amount for certain Annex hereto ; products listed in Article 1 (d) of Regulation (EEC) No 2727/75 ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals, Whereas Regulation Commission (EEC) No 1281 /75(f) laid down detailed rules for the advance fixing of export refunds for cereals and certain products processed from cereals ; HAS ADOPTED THIS REGULATION :

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 the cereals concerned and of malt on the world market ; Regulation (EEC) No 2727/75 which is applicable to export refunds fixed in advance in respect of malt shall be whereas the same Regulation also provides that account as set out in the Annex hereto. must be taken of the quantity of cereals needed for making malt, the economic aspect of exports and the need to avoid disturbances on the Community market ; Article 2

(') OJ No L 281 , 1 . 11 . 1975, p. 1 . This Regulation shall enter into force on 1 July 1988 . 0 OJ No L 110, 29 . 4. 1988 , p. 7. 0 OJ No L 281 , 1 . 11 . 1975, p. 78 . (4) OJ No L 281 , 1 . 11 . 1975, p. 65. 0 See page 119 of this Official Journal. 0 OJ No L 182, 3 . 7. 1987, p. 49. 0 OJ No L 164, 24. 6. 1985, p. 1 . M OJ No L 131 , 22. 5. 1975, p. 15. O OJ No L 153, 13 . 6. 1987, p. 1 .

No L 168 / 108 1 . 7. 88 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 June 1988 .

For the Commission Frans ANDRIESSEN Vice-President

No L 168 / 109 1 . 7 . 88 Official Journal of the European Communities

ANNEX

to the Commission Regulation of 30 June 1988 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 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

(ECU/tonne) 6th period 7th period 8 th period 9th period 10th period 1 1 th 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 0 0 0 0 0 0 1107 20 00 000