CELEX: 31987R2854
Language: en
Date: 1987-09-25 00:00:00
Title: Commission Regulation (EEC) No 2854/87 of 24 September 1987 fixing the corrective amount applicable to the refund on malt

25. 9 . 87                               Official Journal of the European Communities                              No L 272/25
                                     COMMISSION REGULATION (EEC) No 2854/87
                                                     of 24 September 1987
                             fixing the corrective amount applicable to the refund on malt
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        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 ;
Having regard to the Treaty establishing the European
Economic Community,
                                                                   Whereas the world market situation or the specific requi­
                                                                    rements of certain markets may make it necessary to vary
Having regard to the Act of Accession of Spain and                 the corrective amount according to destination ;
Portugal,
                                                                   Whereas the corrective amount must be fixed at the same
Having regard to Council Regulation (EEC) No 2727/75                time as the refund and according to the same procedure ;
of 29 October 1975 on the common organization of the               whereas it may be altered in the period between fixings ;
market in cereals ('), as last amended by Council Regula­
tion (EEC) No 1900/87 (2),                                         Whereas, if the system of corrective amounts is to operate
                                                                    normally, corrective amounts should be calculated on the
Having regard to Council Regulation (EEC) No 2746/75                following basis :
of 29 October 1975 laying down general rules for granting           — in the case of currencies which are maintained in rela­
export refunds on cereals and criteria for fixing the                    tion to each other at any given moment within a band
amount of such refunds (3),                                              of 2,25 % , a rate of exchange based on their central
                                                                         rate, multiplied by the corrective factor provided for in
Having regard to the opinion of the Monetary Committee,                  the last paragraph of Article 3 (1 ) of Council Regula­
                                                                         tion (EEC) No 1676/85 f7), as last amended by Regula­
                                                                         tion (EEC) No 1636/87 (8);
Whereas Article 16 (4) of Regulation (EEC) No 2727/75
provides that the export refund applicable to cereals on            — for other currencies, an exchange rate based on the
the day on which application for an export licence is                    arithmetic mean of the spot market rates of each of
made, adjusted for the threshold price in force during the               these currencies recorded over a given period in rela­
month of exportation, must be applied bn request to                      tion to the Community currencies referred to in the
exports to be effected during the period of validity of the              preceding indent, and the aforesaid coefficient ;
export licence ; whereas, in this case, a corrective amount
must be applied to the refund ;                                     Whereas it follows from applying the provisions set out
                                                                    above that the corrective amount must be as set out in the
                                                                    Annex hereto ;
Whereas Council Regulation (EEC) No 2744/75 of 29
October 1975 on the import and export system for
products processed from cereals and from rice (4), as last          Whereas the measures provided for in this Regulation are
amended by Regulation (EEC) No 1906/87 (*), made                    in accordance with the opinion of the Management
                                                                    Committee for Cereals,
possible the fixing of a corrective amount for certain
products listed in Article 1 (d) of Regulation (EEC) No
2727/75 ;
                                                                     HAS ADOPTED THIS REGULATION :
Whereas Regulation Commission (EEC) No 1281 /75 (*)
laid down detailed rules for the advance fixing of export
refunds for cereals and certain products processed from
cereals ;                                                                                      Article 1
Whereas, pursuant to that Regulation, when the corrective           The corrective amount referred to in Article 16 (4) of
amount is being fixed in respect of malt, account must be            Regulation (EEC) No 2727/75 which is applicable to
taken of the existing situation and the future trend with            export refunds fixed in advance in respect of malt shall be
                                                                     as set out in the Annex hereto.
regard to the possibilities and conditions for the sale of
the cereals concerned and of malt on the world market ;
whereas the same Regulation also provides that account
                                                                                               Article 2
(') OJ  No L 281 , 1 . 11 . 1975, p. 1 .
0   OJ  No L 182,  3. 7. 1987, p. 40.                               This Regulation shall enter into force on 1 October 1987.
(3) OJ  No L 281 , 1 . 11 . 1975, p. 78.
0   OJ  No L 281 , 1 . 11 . 1975, p. 65.
0   OJ  No L 182,  3. 7. 1987, p. 49.                                0 OJ No L 164, 24. 6. 1985, p. 1 .
(«) OJ  No L 131 , 22. 5. 1975, p. 15.                               (8) OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- No L 272/26                        Official Journal of the European Communities                                      25. 9 . 87
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 24 September 1987.
                                                                            For the Commission
                                                                             Frans ANDRIESSEN
                                                                                 Vice-President
                                                           ANNEX
             to the Commission Regulation of 24 September 1987 fixing the corrective amount
                                            applicable to the refund on malt
                                                                                                        (ECU/tonne)
                                                   Current  1st period 2nd period 3rd period 4th period 5th period
                        CCT heading No
                                                     10         11         12         1           2           3
                                                                                                          i
             11.07 A I a)                            0          0          0          0           0           0
             11.07 Alb)                              0          0          0          0           o           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/tonne)
                                                 6th period 7th period 8th period 9th period 10th period 11th period
                        CCT heading No
                                                     4           5         6          7           8           9
             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