8.2.80 OfficialJournaloftheEuropeanCommunities NoL31/21
COMMISSION REGULATION (EEC)No290/80
of7February1980
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
Regulation(EEC)No1547/79(2),andinparticularthe
thirdsentenceofthesecondsubparagraphofArticle
16(4)thereof,
HavingregardtoCouncilRegulation(EEC)No
2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(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(5),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­nitymarketontheonehandandpossibilitiesand
conditionsforthesaleofcerealsandcerealproducts
ontheworldmarketontheother;whereasthesame
Regulationprovidesthatitisalsoimportanttoensure
equilibriumandthenaturaldevelopmentofprices
andtradeoncerealmarketsand,furthermore ,totake
intoaccounttheeconomicaspectofexportsandthe
needtoavoiddisturbancesontheCommunity
market;
WhereasfortheproductslistedinArticle1(c)of
Regulation (EEC)No2727/75accountshouldbe
takenofthespecificcriterialaiddowninArticle2(2)
ofRegulation(EEC)No1281/75;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereasitmaybealteredintheperiodbetween
fixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,i)OJNoL281,1.11.1975,p.1.
*)OJNoL188,26.7.1979,p.1.
J)OJNoL281,1.11.1975,p.78.
«)OJNoL281,1.11.1975,p.65.
5)OJNoL273,29.9.1978,p.1.
')OJNoL131,22.5.1975,p.15.

8.2.80NoL31/22 OfficialJournaloftheEuropeanCommunities
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicabletoexportrefundsfixedinadvanceinrespectofcereals
shallbeassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon8February
1980.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,7February1980.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof7February1980fixingthecorrectiveamountapplicable
totherefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent1st
period
32nd
period
43rd
period
54th
period
65th
period
76th
period
8
10.01ACommonwheat,andmeslin 0 0000
10.01BDurumwheat 000 — — — —
10.02 Rye 000 — — — —
10.03 Barley 000 0 0 — —
10.04 Oats 000 — — — —
10.05BMaizeotherthanhybridmaize\\\
forsowing— — — — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 000 0 0 — —
11.01BRyeflour 000 0 0 —
11.02AIa)Durumwheatgroatsandmeal 000 00 — —
11.02Alb)Commonwheatgroatsand!!I
meal 00 0 0 0 —