NoL308/20 OfficialJournaloftheEuropeanCommunities 28.11.75
REGULATION (EEC)No3088/75OFTHECOMMISSION
of27November 1975
fixingthecorrectiveamountapplicabletotherefundoncerealsandmalt
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
2727/75(')of29October1975thecommonorganiza­
tionofthemarketincereals,andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
16(4)thereof;
HavingregardtoCouncilRegulation (EEC)No
2746/75(2)of29October 1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation ,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,thecorrectiveamountmustbeappliedto
therefund;
WhereasCouncilRegulation (EEC)No2744/75(3)of
29October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice,friade
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)and(d)ofRegulation
(EEC)No2727/75;
WhereasRegulation (EEC)No1281/75(4)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­
nitymarketontheonehandandpricesforcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldeve­
lopmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasfortheproductslistedinArticle1(c)of
Regulation (EEC)No2727/75andformaltaccount
shouldbetakenofthespecificcriterialaiddownin
Article2(2)and(3)ofRegulation (EEC)No1281/75;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure ;
Whereasitmaybealteredintheperiodbetween
fixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencies ,whicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
i
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprecedingsubparagraph ;
Whereasitfollowsfromapplyingtheprovisions
referredtoabovethatthecorrectiveamountmustbe
fixedasshowninthetableannexedtothisRegula­
tion;
(')OJNoL281,1.11.1975,p.1.
(2)OJNoL281,1.11.1975,p.78.
(})OJNoL281,1.11.1975,p.65.
(4)OJNoL131,22.5.1975,p.15.WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,

28.11.75 OfficialJournaloftheEuropeanCommunities NoL308/21
herebyfixedasshowninthetableannexedtothis
Regulation .
Article2
ThisRegulationshallenterintoforceon28
November1975.HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsis
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27November1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof27November1975fixingthecorrectiveamountappli­
cabletotherefundoncerealsandmalt
Cereals
(u.a./metricton)
OCT
heading
NoDescriptionofgoodsCurrent
111st
period
122nd
period
13rd
period
24th
period
i5th
period
46th
period
5
10.01ACommonwheat,andmeslin 0.0 0 0
10.01BDurumwheat 0 0 00 — —•—
10.02 Rye 0 0 0 0 — — —
10.03 Barley 0 0 0 0 — — —
10.04 Oats 00 0 0 — — —
10.05BMaizeotherthanhybridmaize\\\\
forsowing— ——,— — — —
10.07CGrainsorghum 00 0 0 — — —
11.01ACommonwheatflour 0 0 0 0 0 — —
11.01BRyeflour 00 0 0 0 — —
11.02AIaDurumwheatgroatsandmeal 00 0 0 0 — —
11.02AIbCommonwheatgroatsandIIIlIlIIl
meal 0 0 0 0 0 — —
N.B.ThezonesarethosedefinedinRegulation (EEC)No941/72(OJNoL107,6.5.1972).