CELEX: 31981R0503
Language: en
Date: 1981-02-27 00:00:00
Title: Commission Regulation (EEC) No 503/81 of 26 February 1981 fixing the corrective amount applicable to the refund on malt

No L 54/48                               Official Journal of the European Communities                            27 . 2 . 81
                                   COMMISSION REGULATION (EEC) No 503/81
                                                      of 26 February 1981
                         fixing the corrective amount applicable to the refund on malt
THE COMMISSION OF THE EUROPEAN                                     account must be taken of the existing situation and
COMMUNITIES,                                                       the future trend with regard to the possibilities and
                                                                   conditions for the sale of the cereals concerned and of
Having regard to the Treaty establishing the European              malt on the world market ; whereas the same Regula­
Economic Community,                                                tion also provides that account must be taken of the
                                                                   quantity of cereals needed for making malt, the
                                                                   economic aspect of exports and the need to avoid
Having regard to Council Regulation (EEC) No                       disturbances on the Community market ;
2727/75 of 29 October 1975 on the common organ­
ization of the market in cereals ('), as last amended by           Whereas the world market situation or the specific
the Act of Accession of Greece (2), and in particular the          requirements of certain markets may make it necessary
third sentence of the second subparagraph of Article               to vary the corrective amount according to destina­
16 (4) thereof,                                                    tion ;
                                                                   Whereas the corrective amount must be fixed at the
Having regard to Council Regulation (EEC) No
2746/75 of 29 October 1975 laying down general rules               same time as the refund and according to the same
for granting export refunds on cereals and criteria for            procedure ; whereas it may be altered in the period
fixing the amount of such refunds (3),                             between fixings ;
                                                                   Whereas, if the system of corrective amounts is to
Having regard to the opinion of the Monetary                       operate normally, corrective amounts should be calcu­
Committee,                                                         lated on the following basis :
                                                                   — in the case of currencies which are maintained in
Whereas Article 16 (4) of Regulation (EEC) No                          relation to each other at any given moment within
2727/75 provides that the export refund applicable to                  a band of 2-25 % , a rate of exchange based on
cereals on the day on which application for an export                  their effective parity ;
licence is made, adjusted for the threshold price in               — for other currencies, an exchange rate based on the
force during the month of exportation, must be
                                                                       arithmetic mean of the spot market rates of each of
applied on request to exports to be effected during the                these currencies recorded for a given period in
period of validity of the export licence ; whereas, in
this case, a corrective amount must be applied to the                  relation to the Community currencies referred to
refund ;
                                                                       in the preceding indent ;
                                                                   Whereas it follows from applying the provisions set
Whereas Council Regulation (EEC) No 2744/75 of 29                  out above that the corrective amount must be as set
October 1975 on the import and export system for                   out in the Annex hereto ;
products processed from cereals and from rice (4), as
last amended by Regulation (EEC) No 2245/78 (*),                   Whereas the measures provided for in this Regulation
made possible the fixing of a corrective amount for                are in accordance with the opinion of the Management
certain products listed in Article 1 (d) of Regulation             Committee for Cereals,
(EEC) No 2727/75 ;
                                                                   HAS ADOPTED THIS REGULATION :
Whereas Regulation (EEC) No 1281 /75 (6) laid down
detailed rules for the advance fixing of export refunds
for cereals and certain products processed from                                             Article 1
cereals ;
                                                                   The corrective amount referred to in Article 16 (4) of
Whereas, pursuant to that Regulation, when the                     Regulation (EEC) No 2727/75 which is applicable to
corrective amount is being fixed in respect of malt,               export refunds fixed in advance in respect of malt
                                                                   shall be as set out in the Annex hereto.
(') OJ No   L 281 , 1 . 11 . 1975, p . 1 .
(2) OJ No   L 291 , 19 . 11 . 1979, p. 17.                                                  Article 2
O   OJ No   L 281 , 1 . 11 . 1975, p. 78 .
(4) OJ No   L 281 , 1 . 11 . 1975, p . 65.
O   OJ No   L 273,  29. 9. 1978, p. 1 .                            This Regulation shall enter into March on 1 March
(6) OJ No L 131 ,   22. 5. 1975, p . 15.                            1981 .
 ---pagebreak--- 27 . 2. 81                         Official Journal of the European Communities                                       No L 54/49
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 26 February 1981 .
                                                                             For the Commission
                                                                               Poul DALSAGER
                                                                        Member of the Commission
                                                        ANNEX
           to the Commission Regulation of 26 February 1981 fixing the corrective amount appli­
                                            cable to the refund on malt
                                                                                                       (ECU/tonne)
                                                Current   1st period 2nd period 3rd period 4th period 5th period
                      CCT heading No
                                                   3          4          5          6           7              8
            11.07 A I a)                           0           0         0          0           0             0
            11.07 A I b)                           0           0         0          0           0              0
            11.07 A II a)                          0           0         0          0            0             0
            11.07 A II b)                          0           0         0          0            0             0
            11.07 B                                0           0         0          0            0             0
                                                                                                        (ECU/ton ne)
                                               6th period 7th period 8th period 9th period l()th period 1 1 th period
                      CCT heading No
                                                    9          10        1 1        12            1             2
            11.07 A I a)                            0          0          0          0           0             0
            11.07 A I b)                            0          0          0          0           0              0
            11.07 A II a)                           0          0          0          0           0              0
            11.07 A II b)                           0           0         0          0           0              0
            11.07 B                                 0           0         0          0           0              0