NoL281/52 OfficialJournaloftheEuropeanCommunities 14.10.88
COMMISSION REGULATION (EEC)No3157/88
of13October1988
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No2221/88(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)of'Regulation(EEC)No
2727/75;
WhereasCommissionRegulation(EEC)No1281/75(*)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtoprices
andavailabilitiesofcerealsontheCommunitymarketon
theonehandaridpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeon,cerealmarketsand,furthermore,totakeintoaccounttheeconomicaspectof
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;
WhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75accountshouldbetakenofthe
specificcriterialaiddowninArticle2(2)ofRegulation
(EEC)No1281/75;
Whereastheworld-marketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
thecorrective .amountaccordingtodestination;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
Whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:'
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/87(»),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon14October
1988.(')OJNoL281,1.11.1975,p.1.0OJNoL197,26.7.1988,p.16.
I3)OJNoL281,1.11.1975,p.78.
(*)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.«OJNoL131,22.5.1975,p.15.-f)OJNoL164,24.6.1985,p.1.
(■)OJNoL153,13.6.1987,p.1.

14.10.88 OfficialJournaloftheEuropeanCommunities NoL281/53
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13October1988.
FortheCommission
FransANDRIESSEN
Vice-President

NoL281/54 OfficialJournaloftheEuropeanCommunities 14.10.88
ANNEX
totheCommissionRegulationof13October1988fixingthecorrectiveamountapplicable 1
totherefundoncereals
(ECU/tonne)
Productcode Destination(')Current
101stperiod
112ndperiod
123rdperiod
14thperiod
25thperiod
36thperiod
4
07099060000
07129019000— — —'—.— — — —
10011010000
10011090000
1001909100001
010
00
00
00
-5,00-5,00-40,00-40,00
10019099000
10020000000
10030010000
1003009000002
03
04
01
01
02
03•0
0
0
0
0
0
00
+3,00
0
0
0
0
+3,000
+3,00
0
0
0
0
+3,00-3,00
0
0
-3,00
0
-3,00
0-3,00
0
0
-3,00
-3,00
0-30,00
-30,00
0
-30,00
-30,00
-30,00-30,00
-30,00
0
-30,00
-30,00
-30,00
10040010000
10040090000
10051090000
10059000000
1007009000001
010
0-1,50
-30,00-3,00
-30,00-30,00
-30,00-30,00
-30,00-30,00
-30,00-30,00
-30,00
10082000000
11010000110
11010000120
11010000130
11010000150
11010000170
11010000180
1101000019001
01
01
01
01
010
0
0
0
0
00
0
0
0
0
00
0
0
0
0
0-5,00
-5,00
-5,00
-5,00
-5,00
-5,00-5,00
-5,00
-5,00
-5,00
-5,00
-5,00—
— .
11010000900
11021000100
11021000200
11021000300
1102100050001
01
01
010
0
0
00
0
0
00
0
0
0-5,00
-5,00
-5,00
-5,00-5,00
-5,00
-5,00
-5,00— —
11021000900
11031110100
11031110200
11031110500
11031110900
11031190100
1103119090001
01
01
01
010
0
0
0
00
0
0
0
00
0
0
0
00
0
0
0
-5,000
0
0
0
-5,000
0
0
0-50,00
-50,00
-50,00
-50,00
(')Forthefollowingdestinations :
01allthirdcountries,
02otherthirdcountries,
03Algeria,Tunisia,EgyptandtheCanaryIslands,
04Benin,BurkinaPaso,Burundi,Cameroon,theCentralAfricanRepublic,Chad,Congo,EquatorialGuinea,Gabon,Gambia,Ghana,Guinea,Guinea­
Bissau,Mali,Mauritius,Niger,Nigeria,Rwanda,Senegal,SierraLeone,TogoandZaire.
NB:ThezonesarethosedefinedinCommissionRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegula­
tion(EEC)No296/88(OJNoL30,2.2.1988).