26.5.89OfficialJournaloftheEuropeanCommunities NoL143/39
COMMISSION REGULATION (EEC)No1446/89
of25May1989
fixingthecorrectiveamountapplicabletotherefundonmalt
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)No1676/85f),aslastamendedbyRegula­
tion(EEC)No1636/87(8),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindent,andtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoRegulation(EEC)No2727/75ofthe
Councilof29October1975onthecommonorganization
ofthemarketincereals('),aslastamendedbyCouncil
Regulation(EEC)No1213/89(2),
HavingregardtoRegulation(EEC)No2746/75ofthe
Councilof29October1975layingdowngeneralrulesfor
grantingexportrefundsoncerealsandcriteriaforfixing
theamountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16(4)ofRegulation(EEC)No2727/75
providesthattheexportrefundapplicabletocerealson
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpriceinforceduringthe
monthofexportation,mustbeappliedonrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasRegulation(EEC)No2744/75oftheCouncilof
29October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation (EEC)No1906/87(s),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(d)ofRegulation(EEC)No
2727/75;
WhereasRegulationCommission (EEC)No1281/75(6)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixedinrespectofmalt,accountmustbe
takenoftheexistingsituationandthefuturetrendwith
regardtothepossibilitiesandconditionsforthesaleof
thecerealsconcernedandofmaltontheworldmarket;
whereasthesameRegulationalsoprovidesthataccountHASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltshallbe
assetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1June1989.(')OJNoL281,1.11.1975,p.1.0OJNoL128,11.5.1989,p.1.
(3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
(4OJNoL182,3.7.1987,p.49.
h)OJNoL131,22.5.1975,p.15.OOJNoL164,24.6.1985,p.1.
(8)OJNoL153,13.6.1987,p.1.

NoL143/40OfficialJournaloftheEuropeanCommunities 26.5.89
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,25May1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof25May1989fixingthecorrectiveamountapplicableto
therefundonmalt
(ECU/tonne)
ProductcodeCurrent
61stperiod
72ndperiod
83rdperiod
94thperiod
105thperiod
11
11071011000
11071019000
11071091000
11071099000
110720000000
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)
Productcode6thperiod
127thperiod
18thperiod
29thperiod
310thperiod
411thperiod
5
11071011000
11071019000
11071091000
11071099000
110720000000
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
0