NoL115/44 OfficialJournaloftheEuropeanCommunities 1.5.87
COMMISSION REGULATION (EEC)No1217/87
of30April1987
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)No1676/850,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindent,andtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,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)No1588/86(5),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(d)ofRegulation (EEC)No
2727/75;
WhereasRegulationCommission (EEC)No1281/75(*)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixedinrespectofmalt,accountmustbe
takenoftheexistingsituationandthefuturetrendwith
regardtothepossibilitiesandconditionsforthesaleof
thecerealsconcernedandofmaltontheworldmarket:HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltshallbe
assetoutintheAnnexhereto.
(')OJNoL281,1.11.1975,p.1.
(2OJNoL139,24.5.1986,p.29.Article2
ThisRegulationshallenterintoforceon1May1987. (3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.0OJNoL139,24.5.1986,p.47.
MOJNoL131,22.5.1975,p.15. nOJNoL164,24.6.1985,p.1.

1.5.87 OfficialJournaloftheEuropeanCommunities NoL115/45
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30April1987.
FortheCommission
FransANDRIESSEN
Vice-President

NoL115/46 OfficialJournaloftheEuropeanCommunities 1.5.87
ANNEX
totheCommissionRegulationof30April1987fixingthecorrectiveamountapplicableto
therefundonmalt
(ECU/tonne)
CCTheadingNoCurrent
51stperiod
62ndperiod
73rdperiod
84thperiod
95thperiod
10
11.07AIa)
11.07AIb)
11.07AIIa)
11.07AIIb)
11.07B0
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
0
(ECU/tonne)
CCTheadingNo5thperiod
117thperiod
128thperiod
19thperiod
210thperiod
3[1thperiod
4
11.07AIa)
11.07AIb)
11.07AIIa)
11.07AIIb)
11.07B0
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
0