CELEX: 31977R2991
Language: en
Date: 1977-12-31 00:00:00
Title: Commission Regulation (EEC) No 2991/77 of 30 December 1977 fixing the corrective amount applicable to the refund on malt

No L 351 /44                              Official Journal of the European Communities                           31 . 12. 77
                                     COMMISSION REGULATION (EEC) No 2991 /77
                                                       of 30 December 1977
                            fixing the corrective amount applicable to the refund on malt
THE COMMISSION OF THE EUROPEAN                                      of exports and the need to prevent disturbances on
COMMUNITIES,                                                        the Community market ;
Having regard to the Treaty establishing the European               Whereas the world market situation or the specific
Economic Community,                                                  requirements of certain markets may make it neces­
Having regard to Council Regulation (EEC) No                        sary to vary the corrective amount according to desti­
                                                                     nation ;
2727/75 of 29 October 1975 on the common organiza­
tion of the market in cereals (J ), as last amended by
                                                                    Whereas the corrective amount must be fixed at the
Regulation (EEC) No 2560/77 (2), and in particular the
third sentence of the second subparagraph of Article                same time as the refund and according to the same
 16 (4) thereof,                                                     procedure ; whereas it may be altered in the period
                                                                    between fixings ;
Having regard to Council Regulation (EEC) No
2746/75 of 29 October 1975 laying down general                      Whereas, if the system of corrective amounts is to
rules for granting export refunds on cereals and                    operate normally, corrective amounts should be calcu­
criteria for fixing the amount of such refunds (3),                  lated on the following basis :
Having regard to the opinion of the Monetary                        — in the case of currencies, which are maintained in
Committee,                                                               relation to each other, at any given moment,
                                                                         within a band of 2-25 % , a rate of exchange based
Whereas Article 16 (4) of Regulation (EEC) No                            on their effective parity,
2727/75 provides that the export refund applicable to
cereals on the day on which application for an export               — for other currencies an exchange rate based on the
licence is made, adjusted for the threshold price in                     arithmetic mean of the spot market rates of each
force during the month of exportation, must be                           of these currencies recorded for a given period, in
applied on request to exports to be effected during the                  relation to the Community currencies referred to
period of validity of the export licence ; whereas, in                   in the preceding subparagraph ;
this case, the corrective amount must be ' applied to
the refund ;                                                         Whereas it follows from applying the provisions
                                                                     referred to above that the corrective amount must be
Whereas Council Regulation (EEC) No 2744/75 of 29                    fixed as shown in the tables annexed to this Regula­
October 1975 on the import and export system for                     tion ;
products processed from cereals and from rice (4), as
last amended by Regulation (EEC) No 2560/77, made                    Whereas the measures provided for in this Regulation
 possible the fixing of a corrective amount for certain              are in accordance with the opinion of the Manage­
 products listed in Article 1 (d) of Regulation (EEC) No             ment Committee for Cereals,
 2727/ 75 ;
Whereas Regulation (EEC) No 1281 /75 (5) laid down
detailed rules for the advance fixing of export refunds              HAS ADOPTED THIS REGULATION :
 for cereals and certain products processed from
 cereals ;
                                                                                             Article 1
Whereas, pursuant to that Regulation, when the correc­
tive amount is being fixed in respect of malt, account
 must be taken of the existing situation and the future              The corrective amount referred to in Article 16 (4) of
 trend with regard to the possibilities and conditions               Regulation (EEC) No 2727/75 which is applicable to
 for the sale of the cereals concerned and of malt on                export refunds fixed in advance in respect of malt is
 the world market ; whereas the same Regulation also                 hereby fixed as shown in the tables annexed to this
 provides that account must be taken of the quantity of              Regulation .
 cereals needed for making malt, the economic aspect
(')  OJ No  L 281 , 1 . 11 . 1975, p. 1 .                                                    Article 2
(2)  OJ No  L 303 , 28 . 11 . 1977, p. 1 .
(J ) OJ No  L 281 , 1 . 11 . 1975, p. 78 .
(4)  OJ No  L 281 , 1 . 11 . 1975 , p. 65 .                          This Regulation shall enter into force on 1 January
(5   OJ No  L 131 , 22 . 5 . 1975, p. 15.                             1978 .
 ---pagebreak--- 31 . 12. 77                         Official Journal of the European Communities                                       No L 351 /45
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 30 December 1977.
                                                                               For the Commission
                                                                                 Finn GUNDELACH
                                                                                    Vice-President
                                                             ANNEX
            to the Commission Regulation of 30 December 1977 fixing the corrective amount appli­
                                               cable to the refund on malt
                                                                                                              (u.aJtonne)
                                                    Current   1st period 2nd period  3rd period 4th period  5th period
                        CCT heading No
                                                        1           2        3           4            5           6
            1 1 .07 A I a)                              0           0        0           0            0         —
            1 1 .07 A I b)                              0           0        0           0            0         —
            11.07 A II a)                               0           0        0           0           0          —
            11.07 A II b)                               0           0        0           0            0     —77-00
            11.07 B                                     0           0        0           0            0     —89 74
                                                                                                              (u.aJtonnt:)
                                                  6th period  7th period 8th period  9th period 10th period 11th period
                        CCT heading No
                                                        7           8        9           10          1 1         12
            11.07 A I a)
            11.07 A I b)                              -                     —           —           —           —
            11.07 A II a)                            —            -         —           —                       —
            11.07 A II b)                        — 77-00      — 77-00    — 77-00     — 77-00      - 77-00   — 77-00
            11.07 B                              — 89-74      — 89-74    — 89-74     — 89-74    — 89-74     — 89-74