OfficialJournaloftheEuropeanCommunities29.1.88NoL24/46
COMMISSION REGULATION (EEC)No244/88
of28January1988
fixingthecorrectiveamountapplicabletotherefundonmalt
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,aslastamendedbyRegula­
tion(EEC)No1636/87(8);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindent,andtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
Whereas,followingtheintroductionofthecombined
nomenclature byCouncilRegulation (EEC)No
2658/87(9)thenomenclatureapplicablefrom1January
1988toexportrefundsonagriculturalproductswasesta­
blishedbyRegulation(EEC)No3846/87(10);
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyCouncilRegula­
tion(EEC)No3989/87(2),
HavingregardtoCouncilRegulation(EEC)No2746/75
of29October1975laying,downgeneralrulesforgranting
exportrefundsoncerealsandcriteriaforfixingthe
amountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16(4)ofRegulation(EEC)No2727/75
providesthattheexportrefundapplicabletocerealson
thedayonwhichapplicationfor5*nexportlicenceis
made,adjustedforthethresholdpriceinforceduringthe
monthofexportation,mustbeappliedonrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation(EEC)No1906/870,made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(d)ofRegulation(EEC)No
2727/75;
WhereasRegulationCommission (EEC)No1281/75(*)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixedinrespectofmalt,accountmustbe
takenoftheexistingsituationandthefuturetrendwith
regardtothepossibilitiesandconditionsforthesaleof
thecerealsconcernedandofmaltontheworldmarket;
whereasthesameRegulationalsoprovidesthataccount
mustbetakenofthequantityofcerealsneededfor
makingmalt,theeconomicaspectofexportsandthe
needtoavoiddisturbancesontheCommunitymarket;HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltshallbe
assetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1February1988.
(')OJNoL281,1.11.1975,p.1.0OJNoL377,31.12.1987,p.1.
3)OJNoL281,1.11.1975,p.78.
(«)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.
Is)OJNoL131,22.5.1975,p.15.nOJNoL164,24.6.1985,p.1.
(")OJNoL153,13.6.1987,p.1.
(»)OJNoL256,7.9.1987,p.1.
•°)OJNoL366,24.12.1987,p.1
f

29.1.88OfficialJournaloftheEuropeanCommunities NoL24/47
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28January1988.
FortheCommission
FransANDRIESSEN
Vice-President

NoL24/48 OfficialJournaloftheEuropeanCommunities 29.1.88
ANNEX
totheCommissionRegulationof28January198Sfixingthecorrectiveamountapplicable
totherefundonmalt
(ECU/tonne)
ProductcodeCurrent
21stperiod
32ndperiod
43rdperiod
54thperiod
65thperiod
7
11071011000 000000
11071019000 000000
11071091000 000000
11071099000 000000
11072000000 000000
(ECU/tonne)
Productcode6thperiod
87thperiod
98thperiod
109thperiod
1110thperiod
1211thperiod
1
11071011000 000000
11071019000 000000
11071091000 000000
11071099000 000o»00
11072000000 0„00000