28.5.87 OfficialJournaloftheEuropeanCommunities NoL138/71
COMMISSION REGULATION (EEC)No1476/87
of27May1987
fixingthecorrectiveamountapplicabletotherefundonmalt
whereasthesameRegulationalsoprovidesthataccount
mustbetakenofthequantityofcerealsneededfor
makingmalt,theeconomicaspectofexportsandthe
needtoavoiddisturbancesontheCommunitymarket;
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
thecorrectiveamountaccordingtodestination ;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85Q,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindent,andtheaforesaidcoefficient;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyCouncilRegula­
tion(EEC)No1579/86(2),
HavingregardtoCouncilRegulation(EEC)No2746/75
of29October1975layingdowngeneralrulesforgranting
exportrefundsoncerealsandcriteriaforfixingthe
amountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16(4)ofRegulation(EEC)No2727/75
providesthattheexportrefundapplicabletocerealson
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpriceinforceduringthe
monthofexportation,mustbeappliedonrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation (EEC)No1588/860,made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(d)ofRegulation(EEC)No
2727/75;
WhereasRegulationCommission (EEC)No1281/75(*)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixedinrespectofmalt,accountmustbe
takenoftheexistingsituationandthefuturetrendwith
regardtothepossibilitiesandconditionsforthesaleof
thecerealsconcernedandofmaltontheworldmarket;Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltshallbe
assetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1June1987.(')OJNoL281,1.11.1975,p.1.
(2)OJNoL139,24.5.1986,p.29.
(3)OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.
(*)OJNoL139,24.5.1986,p.47.
(«)OJNoL131,22.5.1975,p.15. 0OJNoL164,24.6.1985,p.1.

NoL138/72 OfficialJournaloftheEuropeanCommunities 28.5.87
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27May1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof27May1987fixingthecorrectiveamountapplicableto
therefundonmalt
(ECU/tonne)
CCTheadingNoCurrent
61stperiod
72ndperiod
83rdperiod
94thperiod
105thperiod
11
11.07AIa) 0—50,00—50,00—50,00—50,00—50,00
11.07AIb) 0—50,00—50,00—50,00—50,00—50,00
11.07AIIa) 0—50,00—50,00—50,00—50,00—50,00
11.07AIIb) 0—50,00—50,00—50,00—50,00—50,00
11.07B 0—50,00—50,00—50,00—50,00—50,00
(ECU/tonne)
CCTheadingNo6thperiod
127thperiod
18thperiod
29thperiod
310thperiod
411thperiod
5
11.07AIa) —50,00—50,00—50,00—50,00—50,00—50,00
11.07AIb) —50,00—50,00—50,00—50,00—50,00—50,00
11.07AIIa) —50,00—50,00—50,00—50,00—50,00—50,00
11.07AIIb) —50,00—50,00—50,00—50,00—50,00—50,00
11.07B —50,00—50,00—50,00—50,00—50,00—50,00