NoL234/88 OfficialJournaloftheEuropeanCommunities 31.8.85
COMMISSION REGULATION (EEC)No2478/85
of30August1985
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(^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
ThisRegulationshallenterintoforceon1September
1985.(')OJNoL281,1.11.1975,p.1.
(2)OJNoL107,19.4.1984,p.1.0OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
Is)OJNoL107,19.4.1984,p.15.
0OJNoL131,22.5.1975,p.15.0OJNoL106,12.5.1971,p.1.
(8)OJNoL90,1.4.1984,p.1.

31.8.85 OfficialJournaloftheEuropeanCommunities NoL234/89
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30August1985.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof30August1985fixingthecorrectiveamountapplicable
totherefundonmalt
(ECU/tonne)
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