NoL334/34 3.12.76 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No2944/76
of2December 1976
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
Regulation (EEC)No1143/76(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
certainproductslistedinArticle 1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation (EEC)No1281/75(5)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation ,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­nitymarketontheonehandandpricesforcereals
andcerealproductsontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldeve­
lopmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasfortheproductslistedinArticle1(c)of
Regulation (EEC)No2727/75accountshouldbe
takenofthespecificcriterialaiddowninArticle2(2)
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.
-')OJNoL130,19.5.1976,p.I.
•<)O'jNoL281,1.11.1975,p.78.
4)OJNoL281,I.11.1975,p.65.
5)OJNoL131,22.5.1975,p.15.

3.12.76 OfficialJournaloftheEuropeanCommunities NoL334/35
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsisherebyfixedasshowninthetablesannexedtothis
Regulation .
Article2
ThisRegulationshallenterintoforceon3December
1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,2December1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof2December1976fixingtheamountapplicabletothe
refundoncereals
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
121st
period
12nd
period
2}rd
period
?4tli
period
45th
period
56th
period
6
10.01ACommonwheat,andmeslin 0 0 0 00
10.01BDurumwheat
forexportto:
—Switzerland ,Austriaand
Liechtenstein 0+500+.500+5.00 — — —
—otherthirdcountries 0 0 0 0 — —
10.02 Rye 0 0 0 0 — — —
10.03 Barley 000 0 0 —
10.04 Oats 000 0 — — —
10.05BMaizeotherthanhybridmaize
forsowing— — — — —
10.07CGrainsorghum 0 0 0 0 — — —
11.01ACommonwheatflour 00000 _ —
11.01BRyeflour 0 0 0 0 0 —
11.02A1aDurumwheatgroatsandmeal 0 00 0 0 — —
11.02AIbCommonwheatgroatsand
meal 0 0 0 0 0 —
N.B.ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).