25.4.86 OfficialJournaloftheEuropeanCommunities NoL108/55
COMMISSION REGULATION (EEC)No1214/86
of24April1986
fixingthecorrectiveamountapplicabletotherefundonmalt
whereasthesameRegulationalsoprovidesthataccount
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)No1676/850,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindent,andtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation (EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyCouncilRegula­
tion(EEC)No3793/85(2),
HavingregardtoCouncilRegulation(EEC)No2746/75
of29October1975layingdowngeneralrulesforgranting
exportrefundsoncerealsandcriteriaforfixingthe
amountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetaryCommittee ,
WhereasArticle16(4)ofRegulation(EEC)No2727/75
providesthattheexportrefundapplicabletocerealson
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpriceinforceduringthe
monthofexportation ,mustbeappliedonrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation (EEC)No1027/84(■'),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(d)ofRegulation (EEC)No
2727/75;
WhereasRegulation (EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefundsfor
cerealsandcertainproductsprocessedfromcereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixedinrespectofmalt,accountmustbe
takenoftheexistingsituationandthefuturetrendwith
regardtothepossibilitiesandconditionsforthesaleof
thecerealsconcernedandofmaltontheworldmarket;HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltshallbe
assetoutintheAnnexhereto.
(*)OJNoL281,1.11.1975,p.1.
(2)OJNoL367,31.12.1985,p.19.Article2
ThisRegulationshallenterintoforceon1May1986. (3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
0OJNoL107,19.4.1984,p.15.
6)OJNoL131,22.5.1975,p.15. 0OJNoL164,24.6.1985,p.1.

NoL108/56 OfficialJournaloftheEuropeanCommunities 25.4.86
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24April1986.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof24April1986fixingthecorrectiveamountapplicableto
therefundonmalt
(ECU/tonne)
CCTheadingNoCurrent
51stperiod
62ndperiod
73rdperiod
84thperiod
95thperiod
10
11.07AIa) 0 0 0 0 0 0
11.07AIb) 0 0 0 0 0 0
11.07AIIa) 0 00 0 0 0
11.07AIIb) 0000 0 0
11.07B 00 00 00
(ECU/tonne)
CCTheadingNo6thperiod
1I7thperiod
128thperiod
19thperiod
210thperiod
311thperiod
4
11.07AIa) 0 0 0 0 0 0
11.07AIb) 0 0 0 0 0 0
11.07AIIa) 0 0 0 0 0 0
11.07AIIb) 0 0 0 0 0 0
11.07B 0 0 0 0 0 0