14.1.77 OfficialJournaloftheEuropeanCommunities NoL11/23
COMMISSION REGULATION (EEC)No67/77
of13January1977
fixingthecorrectiveamountapplicabletotherefundonmalt
ofexportsandtheneedtopreventdisturbanceson
theCommunitymarket;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencies,whicharemaintainedin
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)No3138/76(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),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(d)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(5)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedinrespectofmalt,account
mustbetakenoftheexistingsituationandthefuture
trendwithregardtothepossibilitiesandconditions
forthesaleofthecerealsconcernedandofmalton
theworldmarket;whereasthesameRegulationalso
providesthataccountmustbetakenofthequantityof
cerealsneededformakingmalt,theeconomicaspectHASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltis
herebyfixedasshowninthetablesannexedtothis
Regulation .
(!)OJNoL281,1.11.1975,p.1.
(2)OJNoL354,24.12.1976,p.1.
(3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
(5OJNoL131,22.5.1975,p.15.Article2
ThisRegulationshallenterintoforceon14January
1977.

NoL11/24 OfficialJournaloftheEuropeanCommunities 14.1.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13January1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof13January1977fixingthecorrectiveamountapplicable
totherefundonmalt
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
11st
period
22nd
period
13rd
period
44th
period
55th
period
6
11.07 Malt,roastedornot:
A.Unroasted:
I.Obtainedfromwheat:
a)Intheformofflour 00000 —
b)Other— — — — — —
II.Other:
a)Intheformofflour 00000 —
b)Other 000 000
B.Roasted 000000
(u.a./metricton)
CCT
heading
NoDescriptionofgoods6th
period
77th
period
88th
period
99th
period
1010th
period
1111th
period
12
11.07 Malt,roastedornot:
A.Unroasted :
I.Obtainedfromwheat:
a)Intheformofflour— — — — —
b)Other— — — — — —
II.Other:
a)Intheformofflour— — — — — —
b)Other 000000
B.Roasted 0 00000