29.7.77 OfficialJournaloftheEuropeanCommunities NoL189/29
COMMISSION REGULATION (EEC)No1718/77
of28July1977
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)No1386/77(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
ThisRegulationshallenterintoforceon1August
1977.(')OJNoL281,1.11.1975,p.1.
(2)OJNoL158,29.6.1977,p.1.
(3)OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.
(5)OJNoL131,22.5.1975,p.15.

NoL189/30 OfficialJournaloftheEuropeanCommunities 29.7.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28July1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof28July1977fixingthecorrectiveamountapplicableto
therefundonmalt
(u.a./tonne)
CCT
heading
NoDescriptionofgoodsCurrent
81st
period
92nd
period
103rd
period
114th
period
125th
period
1
11.07 Malt,roastedornot:
A.Unroasted :
I.Obtainedfromwheat:
a)Intheformofflour 0 0 000 —
b)Other— — — — — —
II.Other:
a)Intheformofflour 0 0 000 —
b)Other 00 0+11.17+11.17+11.17
B.Roasted 000+1302+1302+1302
(u.a./tonne)
CCT
heading
NoDescriptionofgoods6th
period
27th
period8th
period
49th
period
510th
period
611th
period
7
11.07 Malt,roastedornot:
A.Unroasted :
I.Obtainedfromwheat:
a)Intheformofflour— — —
b)Other— — — — — —
II.Other:
a)Intheformofflour— — —
b)Other +11.17+11.17+11.17+11.17+11.17+11.17
B.Roasted +1302+1302+1302+13.02+13.02+1302