NoL27/34 OfficialJournaloftheEuropeanCommunities 1.2.78
COMMISSION REGULATION (EEC)No194/78
of31January1978
fixingthecorrectiveamountapplicabletotherefundonmalt
ofexportsandtheneedtopreventdisturbanceson
theCommunitymarket;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencies,whicharemaintainedir
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity,
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprecedingsubparagraph ;
Whereasitfollowsfromapplyingtheprovisions
referredtoabovethatthecorrectiveamountmustbe
fixedasshowninthetablesannexedtothisRegula­
tion;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorganiza­
tionofthemarketincereals('),aslastamendedby
Regulation(EEC)No2560/77(2),andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
16(4)thereof,
HavingregardtoCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation ,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,thecorrectiveamountmustbeappliedto
therefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation (EEC)No2560/77,made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(d)ofRegulation(EEC)No
2727/75;
WhereasRegulation (EEC)No1281/75(5)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedinrespectofmalt,account
mustbetakenoftheexistingsituationandthefuture
trendwithregardtothepossibilitiesandconditions
forthesaleofthecerealsconcernedandofmalton
theworldmarket;whereasthesameRegulationalso
providesthataccountmustbetakenofthequantityof
cerealsneededformakingmalt,theeconomicaspectHASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltis
herebyfixedasshowninthetablesannexedtothis
Regulation .
(■)OJNoL281,1.11.1975,p.1.
(2)OJNoL303,28.11.1977,p.1.
(3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
(5)OJNoL131,22.5.1975,p.15.Article2
ThisRegulationshallenterintoforceon1February
1978.

GB04041131
1.2.78 OfficialJournaloftheEuropeanCommunities NoL27/35
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof31January1978fixingthecorrectiveamountapplicable
totherefundonmalt
(u.a./tonne)
CCTheadingNoCurrent
21stperiod
i2ndperiod
43rdperiod
54thperiod
65thperiod
7
11.07AIa) 0 00 00
11.07AIb) 00000 —
11.07AIIa) 00 0 0 0 —
11.07AIIb) 00 0 00—77-00
11.07B 0 00 0 0—89.74
(u.a./tonne)
CCTheadingNo6thperiod
87thperiod
98thperiod
109thperiod
1110thperiod
1211thperiod
1
11.07AIa)— _ —
11.07AIb)— — — — — —
11.07AIIa)— — — — — —
11.07AIIb) —77.00—77.00—77.00—77.00—77.00—77-00
11.07B —89.74—89.74—89.74—89.74—89.74—89.74