NoL161/58 OfficialJournaloftheEuropeanCommunities 1.7.77
COMMISSION REGULATION (EEC)No1455/77
of30June1977
fixingthecorrectiveamountapplicabletotherefundonmalt
ofexportsandtheneedtopreventdisturbanceson
theCommunitymarket;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencies,whicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2*25%,arateofexchangebased
ontheireffectiveparity,
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprecedingsubparagraph ;
Whereasitfollowsfromapplyingtheprovisions
referredtoabovethatthecorrectiveamountmustbe
fixedasshowninthetablesannexedtothisRegula­
tion;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorganiza­
tionofthemarketincereals(*),aslastamendedby
Regulation(EEC)No3138/76(2),andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
16(4)thereof,
HavingregardtoCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,thecorrectiveamountmustbeappliedto
therefund;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(d)ofRegulation
(EEC)No2727/75;
WhereasRegulation (EEC)No1281/75(5)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedinrespectofmalt,account
mustbetakenoftheexistingsituationandthefuture
trendwithregardtothepossibilitiesandconditions
forthesaleofthecerealsconcernedandofmalton
theworldmarket;whereasthesameRegulationalso
providesthataccountmustbetakenofthequantityof
cerealsneededformakingmalt,theeconomicaspectHASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofmaltis
herebyfixedasshowninthetablesannexedtothis
Regulation .
Article2(>)OJNoL281,1.11.1975,p.1.
(2)OJNoL354,24.12.1976,p.1.
OOJNoL281,1.11.1975,p.78.
(«)OJNoL281,1.11.1975,p.65.
(5)OJNoL131,22.5.1975,p.15. ThisRegulationshallenterintoforceon1July1977.

1.7.77 OfficialJournaloftheEuropeanCommunities NoL161/59
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30June1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof30June1977fixingthecorrectiveamountapplicableto
therefundonmalt
(u.a./tonne)
CCT
heading
NoDescriptionofgoodsCurrent
71st
period
82nd
period
93rd
period
104th
period
115th
period
12
11.07 Malt,roastedornot:
A.Unroasted :
I.Obtainedfromwheat:
a)Intheformofflour 0 0000 —
b)Other— — — — —
II.Other:
a)Intheformofflour 00000 —
b)Other 0000+20-88+20-88
B.Roasted 0000+24-33+24-33
(u.a./tonne)
CCT
heading
NoDescriptionofgoods6th
period
I7th
period
28th
period
39th
period
410th
period
51Ith
period
6
11.07 Malt,roastedornot:
A.Unroasted :
I.Obtainedfromwheat:
a)Intheformofflour
b)Other— — — — — —
II.Other:
a)Intheformofflour— — — — — —
b)Other +20-88+20-88-(-20-88+20-88+20-88+20-88
B.Roasted +24-33+24-33+24-33-(-24-33+24-33+24-33