NoL313/50 OfficialJournaloftheEuropeanCommunities 1.12.84
COMMISSION REGULATION (EEC)No3374/84
of30November 1984
fixingthecorrectiveamountapplicabletotherefundonmalt
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgan­
izationofthemarketincereals('),aslastamendedby
CouncilRegulation (EEC)No1018/84(2),
HavingregardtoCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation ,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,acorrectiveamountmustbeappliedtothe
refund;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation (EEC)No1027/84(^
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(d)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation ,whenthe
correctiveamountisbeingfixedinrespectofmalt,
accountmustbetakenoftheexistingsituationand
thefuturetrendwithregardtothepossibilitiesand
conditionsforthesaleofthecerealsconcernedandof
maltontheworldmarket;whereasthesameRegula­
tionalsoprovidesthataccountmustbetakenofthequantityofcerealsneededformakingmalt,the
economicaspectofexportsandtheneedtoavoid
disturbancesontheCommunitymarket;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessary
tovarythecorrectiveamountaccordingtodestina­
tion;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2,25%,arateofexchangebasedon
theircentralrate,multipliedbythecoefficient
providedforinArticle2b(2)ofRegulation(EEC)
No974/71Q,aslastamendedbyRegulation(EEC)
No855/84(8),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent,andtheaforesaidcoeffi­
cient;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmalt
shallbeassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1December
1984.(■)OJNoL281,1.11.1975,p.1.
(2)OjNoL107,19.4.1984,p.1.
0OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.
0OJNoL107,19.4.1984,p.15.
(*)OfNoL131,22.5.1975,p.15.0OJNoL106,12.5.1971,p.1.
0OJNoL90,1.4.1984,p.1.

1.12.84 OfficialJournaloftheEuropeanCommunities NoL313/51
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30November1984.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommission Regulationof30November1984fixingthecorrectiveamount
applicabletotherefundonmalt
(ECU/tonne)
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