NoL347/60 OfficialJournaloftheEuropeanCommunities11.12.87
COMMISSION REGULATION (EEC)No3703/87
of10December 1987
fixingthecorrectiveamountapplicabletotherefundoncereals
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,aslastamendedbyRegula­
tion(EEC)No1636/87(8),
—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)
No1900/87(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)No1906/87Q,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
development ofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspectofHASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon11December
1987.(')OJNoL281,1.11.1975.p.1.
(2)OJNoL182,3.7.1987,p.40.
(3)OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975.p.65.oOJNoL182,3.7.1987,p.49.¥)OJNoL131,22.5.1975,p.15.0OJNoL164,24.6.1985,p.1.
(8)OJNoL153,13.6.1987,p.1.

11.12.87 NoL347/61 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,10December1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof10December1987fixingthecorrectiveamount
applicabletotherefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
121stperiod
12ndperiod
23rdperiod
34thperiod
45thperiod
56thperiod
6
10.01BICommonwheatandmeslin
10.01BII
10.02
10.03forexportto:
—USSR
—Tunisia
—otherthirdcountries
Durumwheat
Rye
Barley0
0
0
0
0-30,00
0
0
0
0-30,00
0
0
0
0-30,00
-10,00
0
0
0-30,00
-10,00
-6,00
0
0-30,00
-10,00
-6,00
-20,00-30,00
-10,00
-6,00
-20,00
10.04
10.05B
10.07CII
11.01A
11.01Bforexportto:
—USSR
—otherthirdcountries
Oats
Maizeotherthanhybridmaizefor
sowing
Grainsorghum,otherthanhybrid
sorghumforsowing
Commonwheatflour
Ryeflour0
0
0
0
0-30,00
0
0
0
0-30,00
0
0
0
0-30,00
0
0
0
0-30,00
-6,00
-20,00
0
0-30,00
-6,00
-20,00-30,00
-6,00
-20,00
11.02AIa)
11.02Alb)Durumwheatgroatsandmeal
Commonwheatgroatsandmeal0
00
00
00
00
0 — —
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation(EEC)No1548/87(OJNoL