NoL148/30 OfficialJournaloftheEuropeanCommunities 5.6.81
COMMISSION REGULATION (EEC)No1514/81
of4June1981
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
theActofAccessionofGreece(2),andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
16(4)thereof,
HavingregardtoCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation ,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,acorrectiveamountmustbeappliedtothe
refund;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation (EEC)No2245/78(*),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;Whereas,pursuanttothatRegulation,whenthe
correctiveamountisbeingfixed,accountmustbe
takenoftheexistingsituationandthefuturetrend
withregardtopricesandavailabilitiesofcerealsonthe
Communitymarketontheonehandandpossibilities
andconditionsforthesaleofcerealsandcereal
productsontheworldmarketontheother;whereas
thesameRegulationprovidesthatitisalsoimportant
toensureequilibriumandthenaturaldevelopmentof
pricesandtradeoncerealmarketsand,furthermore ,to
takeintoaccounttheeconomicaspectofexportsand
theneedtoavoiddisturbancesontheCommunity
market;
WhereasfortheproductslistedinArticle1(c)of
Regulation (EEC)No2727/75accountshouldbe
takenofthespecificcriterialaiddowninArticle2(2)
ofRegulation (EEC)No1281/75;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessary
tovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereasitmaybealteredintheperiodbetween
fixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereastheManagementCommitteeforCerealshas
notdeliveredanopinionwithinthetimelimitsetby
itschairman,(')OJNoL281,1.11.1975,p.1.
(2)OJNoL291,19.11.1979,p.17.
(■')OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
0OJNoL273,29.9.1978,p.1.
6OJNoL131,22.5.1975,p.15.

5.6.81 OfficialJournaloftheEuropeanCommunities NoL148/31
exportrefundsfixedinadvanceinrespectofcereals
shallbeassetoutintheAnnexhereto.HASADOPTED THISREGULATION :
Article1
Article2
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicabletoThisRegulationshallenterintoforceon5June1981.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,4June1981.
FortheCommission
ThePresident
GastonTHORN
ANNEX
totheCommissionRegulationof4June1981fixingthecorrectiveamountapplicableto
therefundoncereals
(ECU/tonne)
CCTCurrent1st2nd 3rd 4th 5th6th
heading Description periodperiodperiodperiodperiodperiod
No 6 7 8 9 10 11 12
10.01ACommonwheat,andmesiin 000 00
10.01BDurumwheat 000 — — — —
10.02 Rye 000 — — — —
10.03 Barley 000 0 0 — —
10.04 Oats 000 — — — —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 00+20-00+20-00+20-00 — —
11.01BRyeflour 00000 — —
11.02AIa)Durumwheatgroatsandmeal 00 000 — —
11.02AIb)Commonwheatgroatsand
meal 00+20-00+20-00+20-00 — —
NB.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977).