NoL114/68 OfficialJournaloftheEuropeanCommunities 1.5.86
COMMISSION REGULATION (EEC)No1295/86
of30April1986
fixingthecorrectiveamountapplicabletotherefundoncereals
furthermore ,totakeintoaccounttheeconomicaspectof
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;
WhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75accountshouldbetakenofthe
specificcriterialaiddowninArticle2(2)ofRegulation
(EEC)No1281/75;
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
thecorrectiveamountaccordingtodestination ;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
Whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/850,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation (EEC)
No3793/85(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)No1027/840,made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)ofRegulation (EEC)No
2727/75;
WhereasCommissionRegulation(EEC)No1281/75(6)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtoprices
andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1May1986.(')OJNoL281,1.11.1975,p.1.0OJNoL367,31.12.1985,p.19.
(3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
Is)OJNoL107,19.4.1984,p.15.
(«)OJNoL131,22.5.1975,p.15. nOJNoL164,24.6.1985,p.1.

1.5.86 NoL114/69 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30April1986.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof30April1986fixingthecorrectiveamountapplicableto
therefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
51stperiod
62ndperiod
73rdperiod
84thperiod
95thperiod
106thperiod
11
10.01BICommonwheatandmeslin
forexportsto:
—China 0+6,00—30,00—30,00—30,00—30,00—30,00
—otherthirdcountries 00—36,00—36,00—36,00—36,00—36,00
10.01BIIDurumwheat 00000 — —
10.02 Rye 00000 — —
10.03 Barley 0—30,00—30,00—30,00—30,00— —
10.04 Oats — — — — — — —
10.05BMaizeotherthanhybridmaizefor
sowing 0000 — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 00—36,00—36,00—36,00— —
11.01BRyeflour 00—36,00—36,00—36,00— —
11.02AIa)Durumwheatgroatsandmeal 00—36,00—36,00—36,00— —
11.02Alb)Commonwheatgroatsandmeal 00—36,00—36,00—36,00— —
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation(EEC)No
3817/85(OJNoL368,31.12.1985).