NoL9/22 OfficialJournaloftheEuropeanCommunities 16.1.76
COMMISSION REGULATION (EEC)No65/76
of15January1976
fixingthecorrectiveamountapplicabletotherefundoncerealsandmalt
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),asamendedby
Regulation(EEC)No3058/75(2),andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
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,thecorrectiveamountmustbeappliedto
therefund;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)and(d)ofRegu­
lation(EEC)No2727/75;
WhereasRegulation (EEC)No1281/75(5)laiddown
detailedrulesfortheadvancefixingofexportrefunds
for.cerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation ,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­nitymarketontheonehandandpricesforcereals
andcerealproductsontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldeve­
lopmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasfortheproductslistedinArticle 1(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;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprecedingsubparagraph ;
Whereasitfollowsfromapplyingtheprovisions
referredtoabovethatthecorrectiveamountmustbe
fixedasshowninthetableannexedtothisRegula­
tion;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,')OJNoL281,1.11.1975,p.1.
-')OJNoL306,26.11.1975,p.3.
3)OJNoL281,1.11.1975,p.78.
4)OJNoL281,1.11.1975,p.65.
5)OJNoL131,22.5.1975,p.15.

16.1.76 OfficialJournaloftheEuropeanCommunities NoL9/23
herebyfixedasshowninthetableannexedtothis
Regulation .
Article2
ThisRegulationshallenterintoforceon16January
1976.HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsis
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,15January1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof15January1976fixingthecorrectiveamountapplicable
totherefundoncerealsandmalt
Cereals
(u.a../nutmton)
CCT
heading
NoDescriptionofgoodsCurrent
11St
period
22nd
period,?rd
period
44th
period
55th
period
66th
period
7
10.01ACommonwheat,andmeslin 0 0 0 0 —
10.01BDurumwheat 0 0 0 0 — — —
10.02 Rye 0 0 0 0 — — —
10.03 Barley 0 0 0 0 — — —
10.04 Oats 0 0 0 0 — — —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — —
10.07CGrainsorghum 0 0 0 0 — — —
11.01ACommonwheatflour 0 0 0 0 0 — —
11.01BRyeflour 0 0 0 0 0 — —
11.02A1aDurumwheatgroatsandmeal 0 0 0 0 0 — —
11.02AIbCommonwheatgroatsand
meal 0 0 0 0 0 —
N.B.ThezonesarethosedefinedinRegulation (EEC)No941/72(OJNoL1()~\6.5.1972).