29.8.87 OfficialJournaloftheEuropeanCommunities NoL245/5
COMMISSION REGULATION (EEC)No2591/87
of28August1987
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)No1676/85Q,aslastamendedbyRegula­
tion(EEC)No1636/87(8);
—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)No1900/87(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)No1906/87made
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
ThisRegulationshallenterintoforceon1September
1987.(')OJNoL281,1.11.1975,p.1.
(2)OJNoL182,3.7.1987,p.40.0OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.
(«)OJNoL131,22.5.1975,p.15.0OJNoL164,24.6.1985,p.1.
(8)OJNoL153,13.6.1987,p.1.

NoL245/6 29.8.87 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28August1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof28August1987fixingthecorrectiveamountapplicable
totherefundonmalt
(ECU/tonne)
CCTheadingNoCurrent
91stperiod
102ndperiod
113rdperiod
124thperiod
15thperiod
2
11.07AIa) 000000
11.07AIb) 000000
11.07AIIa) 000000
11.07AIIb) 000000
11.07B 000000
(ECU/tonne)
CCTheadingNo6thperiod
37thperiod
48thperiod
59thperiod
610thperiod
711thperiod
8
11.07AIa) 000000
11.07Alb) 000000
11.07AIIa) 000000
11.07AIIb) 000000
11.07B 000000