25.9.87 OfficialJournaloftheEuropeanCommunities NoL272/25
COMMISSION REGULATION (EEC)No2854/87
of24September1987
fixingthecorrectiveamountapplicabletotherefundonmalt
mustbetakenofthequantityofcerealsneededfor
makingmalt,theeconomicaspectofexportsand.the
needtoavoiddisturbancesontheCommunitymarket;
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
thecorrectiveamountaccordingtodestination ;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85f7),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,mustbeappliedbnrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation(EEC)No1906/87(*),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(d)ofRegulation(EEC)No
2727/75;
WhereasRegulationCommission (EEC)No1281/75(*)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixedinrespectofmalt,accountmustbe
takenoftheexistingsituationandthefuturetrendwith
regardtothepossibilitiesandconditionsforthesaleof
thecerealsconcernedandofmaltontheworldmarket;
whereasthesameRegulationalsoprovidesthataccountHASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltshallbe
assetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1October1987.(')OJNoL281,1.11.1975,p.1.0OJNoL182,3.7.1987,p.40.
(3)OJNoL281,1.11.1975,p.78.0OJNoL281,1.11.1975,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.

NoL272/26 OfficialJournaloftheEuropeanCommunities 25.9.87
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24September1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommission Regulationof24September1987fixingthecorrectiveamount
applicabletotherefundonmalt
(ECU/tonne)
CCTheadingNoCurrent1stperiod2ndperiod3rdperiod4thperiod5thperiod
10 11 12 1 2 3
i
11.07AIa) 000000
11.07Alb) 0000o0
11.07AIIa) 000000
11.07AIIb) 000000
11.07B 000000
(ECU/tonne)
CCTheadingNo6thperiod7thperiod8thperiod9thperiod10thperiod11thperiod
4 5 6 7 8 9
11.07AIa) 00000'0
11.07AIb) 000000
11.07AIIa) 000000
11.07AIIb) 000000
11.07B 000000