14.8.81 OfficialJournaloftheEuropeanCommunities NoL230/29
COMMISSION REGULATION (EEC)No2340/81
of13August1981
fixingthecorrectiveamountapplicabletotherefundonmalt
thefuturetrendwithregardtothepossibilitiesand
conditionsforthesaleofthecerealsconcernedandof
maltontheworldmarket;whereasthesameRegula­
tionalsoprovidesthataccountmustbetakenofthe
quantityofcerealsneededformakingmalt,the
economicaspectofexportsandtheneedtoavoid
disturbancesontheCommunitymarket;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessary
tovarythecorrectiveamountaccordingtodestina­
tion;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
2727/75of29October1975onthecommonorgan­
izationofthemarketincereals('),aslastamendedby
CouncilRegulation (EEC)No1949/81(2),
HavingregardtoCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,acorrectiveamountmustbeappliedtothe
refund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation (EEC)No1783/81(*),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(d)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthe
correctiveamountisbeingfixedinrespectofmalt,
accountmustbetakenoftheexistingsituationandHASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmalt
shallbeassetoutintheAnnexhereto.
Article2OOJNoL281,1.11.1975,p.1.
(2)OJNoL198,20.7.1981,p.2.
0OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.0OJNoL176,1.7.1981,p.10.
6)OJNoL131,22.5.1975,p.15.ThisRegulationshallenterintoforceon14August
1981.

NoL230/30 OfficialJournaloftheEuropeanCommunities 14.8.81
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13August1981.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof13August1981fixingthecorrectiveamountapplicable
totherefundonmalt
(ECU/tonne)
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