4.2.77 NoL33/14 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No242/77
of3February1977
fixingtherefundsapplicabletocerealsandwheatorryeflourgroatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71(5);
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof225%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtherulesoutlined
abovetothepresentsituationonthemarketin
cereals,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarket,thattherefunds,shouldbefixedas
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgan­
izationofthemarketincereals('),aslastamendedby
Regulation(EEC)No3138/76(2),andinparticularthe
firstsentenceofthefourthsubparagraph ofArticle16
(2)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16ofRegulation (EEC)No2727/75
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo(EEC)
No2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(3),
providesthatwhenrefundsarebeingfixedaccount
mustbetakenoftheexistingsituationandthefuture
trendwithregardtopricesandavailabilitiesofcereals
ontheCommunitymarketontheonehandand
pricesforcerealsandcerealproductsontheworld
marketontheother;whereasthesamearticle
providesthatitisalsoimportanttoensureequili­
briumandthenaturaldevelopment ofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomicaspectoftheproposedexports
andtheneedtoavoiddisturbances ontheCommu­
nitymarket;
WhereasArticle3ofRegulation (EEC)No2746/75
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned ,in
Article4ofRegulation (EEC)No2746/75;whereas,
furthermore ,whentherefundontheseproductsis
beingcalculated,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasHASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(a),(b)
and(c)ofRegulation (EEC)No2727/75,exportedin
thenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon4February
1977.
(!)OJNoL281,1.11.1975,p.1.
(2)OJNoL354,24.12.1976,p.1.
HOJNoL281,1.11.1975,p.78.(•»)OJNo128,27.6.1967,p.2574/67.
(5)OJNoL168,27.7.1971,p.16.

4.2.77 OfficialJournaloftheEuropeanCommunities NoL33/15
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,3February1977.
FortheCommission
FinnGUNDELACH
Vice-President

4.2.77 NoL33/16 OfficialJournaloftheEuropeanCommunities
ANNEX
totheCommissionRegulationof3February1977fixingtherefundsapplicabletocereals
andwheatorryeflourgroatsandmeal
(u.a./tonne)
CCT
heading
NoDescriptionofproducts Refund
10.01ACommonwheat(')andmeslin 0
10.01BDurumwheat 0
10.02 Rye0)0
10.03 Barley 0
10.04 Oats 0
10.05BMaize(otherthanhybridmaizeforsowing)—
10.07CGrainsorghum—
ex11.01AWheatflour:
—ofanashcontentof0to520 8000
—ofanashcontentof521to600 7700
—ofanashcontentof601to900 7200
—ofanashcontentof901to1100 7200
—ofanashcontentof1101to1650 6200
—ofanashcontentof1651to1900 6200
ex11.01BRyeflour:
—ofanashcontentof0to700 4800
—ofanashcontentof701to1150 4800
—ofanashcontentof1151to1600 4800
—ofanashcontentof1601to2000 4800
11.02AIa)Durumwheatgroatsandmeal:
—ofanashcontentof0to950 170.00
—ofanashcontentof951to1300 170.00
—ofanashcontentof1301to1500 170.00
11.02Alb)Commonwheatgroatsandmeal:
—ofanashcontentof0to520" 8000
(')TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegulation (EEC)
No.2727/75.
N.B.ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).