CELEX: 31988R1908
Language: en
Date: 1988-07-01 00:00:00
Title: Commission Regulation (EEC) No 1908/88 of 30 June 1988 fixing the corrective amount applicable to the refund on malt

1 . 7. 88                                    Official Journal of the European Communities                             No L 168/ 107
                                       COMMISSION REGULATION (EEC) No 1908/88
                                                            of 30 June 1988
                               fixing the corrective amount applicable to the refund on malt
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                            Whereas the world market situation or the specific requi­
                                                                       rements of certain markets may make it necessary to vary
Having regard to the Treaty establishing the European                  the corrective amount according to destination ;
Economic Community,
                                                                       Whereas the corrective amount must be fixed at the same
                                                                        time as the refund and according to the same procedure ;
Having regard to the Act of Accession of Spain and                     whereas it may be altered in the period between fixings ;
Portugal,
                                                                        Whereas the Council has not to date adopted the prices
 Having regard to Council Regulation (EEC) No 2727/75                   for the 1988/89 marketing year, which commences
of 29 October 1975 on the common organization of the                    on 1 July 1988 ; whereas the price factors determined
 market in cereals ('), as last amended by Council Regula­              by Commission Regulation (EEC) No 1914/88 (*) should
 tion (EEC) No 1097/88 (2),                                             accordingly be taken into account for the calculation in
                                                                        order to ensure that the export arrangements continue to
 Having regard to Council Regulation (EEC) No 2746/75                   operate in the sector concerned ;
 of 29 October 1975 laying down general rules for granting
 export refunds on cereals and criteria for fixing the                  Whereas, if the system of corrective amounts is to operate
 amount of such refunds (3),                                             normally, corrective amounts should be calculated on the
                                                                         following basis :
 Having regard to the opinion of the Monetary Committee,                 — in the case of currencies which are maintained in rela­
                                                                             tion to each other at any given moment within a band
 Whereas Article 16 (4) of Regulation (EEC) No 2727/75                       of 2,25 %, a rate of exchange based on their central
 provides that the export refund applicable to cereals on                    rate, multiplied by the corrective factor provided for in
 the day on which application for an export licence is                       the last paragraph of Article 3 (1 ) of Council Regula­
 made, adjusted for the threshold price in force during the                  tion (EEC) No 1676/85 (8), as last amended by Regula­
  month of exportation, must be applied on request to                        tion (EEC) No 1636/87 (»);
 exports to be effected during the period of validity of the             — for other currencies, an exchange rate based on the
  export licence ; whereas, in this case, a corrective amount                arithmetic mean of the spot market rates of each of
  must be applied to the refund ;                                            these currencies recorded over a given period in rela­
                                                                             tion to the Community currencies referred to in the
 Whereas Council Regulation (EEC) No 2744/75 of 29                            preceding indent, and the aforesaid coefficient ;
  October 1975 on the import and export system for
  products processed from cereals and from rice (*), as last             Whereas it follows from applying the provisions set out
  amended by Regulation (EEC) No 1906/87 (*), made                       above that the corrective amount must be as set out in the
  possible the fixing of a corrective amount for certain                 Annex hereto ;
  products listed in Article 1 (d) of Regulation (EEC) No
  2727/75 ;                                                              Whereas the measures provided for in this Regulation are
                                                                         in accordance with the opinion of the Management
  Whereas Regulation Commission (EEC) No 1281 /75(f)                      Committee for Cereals,
  laid down detailed rules for the advance fixing of export
  refunds for cereals and certain products processed from
  cereals ;                                                               HAS ADOPTED THIS REGULATION :
  Whereas, pursuant to that Regulation, when the corrective
  amount is being fixed in respect of malt, account must be                                        Article 1
  taken of the existing situation and the future trend with
                                                                          The corrective amount referred to in Article 16 (4) of
  regard to the possibilities and conditions for the sale of
  the cereals concerned and of malt on the world market ;                 Regulation (EEC) No 2727/75 which is applicable to
  whereas the same Regulation also provides that account                  export refunds fixed in advance in respect of malt shall be
                                                                          as set out in the Annex hereto.
  must be taken of the quantity of cereals needed for
  making malt, the economic aspect of exports and the
  need to avoid disturbances on the Community market ;                                             Article 2
  (') OJ No  L  281 , 1 . 11 . 1975, p. 1 .                               This Regulation shall enter into force on 1 July 1988 .
  0   OJ No  L  110,  29. 4. 1988, p. 7.
  0   OJ No  L  281 , 1 . 11 . 1975, p. 78 .
  (4) OJ No  L  281 , 1 . 11 . 1975, p. 65.                               0 See page 119 of this Official Journal.
  0   OJ  No L  182,  3. 7. 1987, p. 49.                                  0 OJ No L 164, 24. 6. 1985, p. 1 .
  M OJ No L 131 , 22. 5. 1975, p. 15.                                     O OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- No L 168/ 108                    Official Journal of the European Communities                        1 . 7. 88
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
              Done at Brussels, 30 June 1988 .
                                                                     For the Commission
                                                                      Frans ANDRIESSEN
                                                                         Vice-President
 ---pagebreak--- 1 . 7. 88                          Official Journal of the European Communities                                        No L 168 / 109
                                                         ANNEX
          to the Commission Regulation of 30 June 1988 fixing the corrective amount applicable to
                                                  the refund on malt
                                                                                                        (ECU/tonne)
                                                 Current   1st period 2nd period 3rd period 4th period 5th period
                        Product code
                                                    7          8           9          10         11            12
           1107 10 11 000 '                         0          0           0          0           0             0
           1107. 10 19 000                          0          0           0          0           0             0
           1107 10 91 000                           0          0           0          0           0             0
           1107 10 99 000                           0          0           0          0           0             0
           1107 20 00 000                           0           0          0           0          0             0
                                                                                                         (ECU/tonne)
                                                6th period 7th period 8 th period 9th period 10th period 1 1 th period
                        Product code
                                                     1          2          3           4          5             6
           1107 10 11 000                           0           0          0           0          0             0
           1107 10 19 000                           0           0          0           0          0             0
           1107 10 91 000                           0           0          0           0          0             0
           1107 10 99 000                           0           0          0           0          0             0
           1107 20 00 000                           0           0          0           0          0             0