NoL70/56 13.3.87 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No719/87
of12March1987
fixingthecorrectiveamountapplicabletotherefundoncereals
furthermore,totakeintoaccounttheeconomicaspectof
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;
WhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75accountshouldbetakenofthe
specificcriterialaiddowninArticle2(2)ofRegulation
(EEC)No1281/75;
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
thecorrectiveamountaccordingtodestination ;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
Whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85Q,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No1579/86(2),
HavingregardtoCouncilRegulation(EEC)No2746/75
of29October1975layingdowngeneralrulesforgranting
exportrefundsoncerealsandcriteriaforfixingthe
amountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16(4)ofRegulation(EEC)No2727/75
providesthattheexportrefundapplicabletocerealson
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpriceinforceduringthe
monthofexportation,mustbeappliedonrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation(EEC)No1588/86(^),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)ofRegulation(EEC)No
2727/75;
WhereasCommissionRegulation(EEC)No1281/75(*)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtoprices
andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon13March1987.(')OJNoL281,1.11.1975,p.1.0OJNoL139,24.5.1986,p.29.
(3OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.0OJNoL139,24.5.1986,p.47.¥)OJNoL131,22.5.1975,p.15. 0OJNoL164,24.6.1985,p.1.

13.3.87 OfficialJournaloftheEuropeanCommunities NoL70/57
•ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,12March1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof12March1987fixingthecorrectiveamountapplicableto
therefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
31stperiod
42ndperiod
53rdperiod
64thperiod
75thperiod
86thperiod
9
10.01BI
10.01BII
10.02
10.03
10.04
10.05BCommonwheatandmeslin
Durumwheat
Rye
Barley
Oats
Maizeotherthanhybridmaizefor
sowing0
0
0
00
0
0
00
0
0
00
0
0
—20,00—30,00
—20,00—30,00
—20,00—30,00
—20,00
10.07CII
11.01A
11.01B
11.02ALa)
11.02Alb)forexportto:
—zonesI,IIb),IVb),Va),VIandthe
GermanDemocraticRepublic
—Otherthirdcountries
Grainsorghum,otherthanhybrid
sorghumforsowing
Commonwheatflour
Ryeflour
Durumwheatgroatsandmeal
Commonwheatgroatsandmeal0
0
0
0
0
0+20,00
0
0
0
0
0+20,00
0
0
0
0
0+20,00
0
0
0
0
0—50,00
—50,00
—50,00
—50,00—50,00
—50,00
—50,00
—50,00—50,00
—50,00
—50,00
—50,00
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation(EEC)No3817/85(OJNoL
368,31.12.1985).