NoL268/36 OfficialJournaloftheEuropeanCommunities 17.10.75
REGULATION (EEC)No2637/75OFTHECOMMISSION
of16October1975
fixingthecorrectiveamountapplicabletotherefundoncerealsandmalt
THFCOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(')of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No665/75(2),andinparticularthethird
sentenceofthesecondsubparagraph ofArticle16(4)
thereof;
HavingregardtoCouncilRegulationNo139/
67/EEC(3)of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds,aslastamendedby
Regulation (EEC)No87/75(4);
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16(4)ofRegulationNo120/67/EEC
providesthattheexportrefundapplicabletocereals
onthedayonwhichapplicationforanexportlicence
ismade,adjustedforthethresholdpriceinforce
duringthemonthofexportation ,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityoftheexportlicence;whereas,inthiscase,
thecorrectiveamountmustbeappliedtotherefund;
WhereasCouncilRegulation (EEC)No1052/68(5)of
23July1968ontheimportandexportsystemfor
productsprocessedfromcerealsandrice,aslast
amendedbyRegulation (EEC)No980/75(6)made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle 1(c)and(d)ofRegulation
No120/67/EEC;
WhereasRegulation (EEC)No1281/75(7)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation ,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­nitymarketontheonehandandpricesforcereals
andcerealproductsontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldeve­
lopmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasfortheproductslistedinArticle1(c)of
RegulationNo120/67/EECandformaltaccount
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
fixedasshowninthetablesannexedtothisRegula­
tion;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,(')0|No117,19.6.1967,p.2269/67.
(2)OJNoL72,20.3.1975,p.14.
p)OJNo125,26.6.1967,p.2453/67.
(4)OJNoL11,16.1.1975,p.3.
(s)OJNoL179,25.7.1968,p.8.
(6)O'jNoL95,17.4.1975,p.1.
(7)O)NoL131,22.5.1975,p.15.

17.10.75 OfficialJournaloftheEuropeanCommunities NoL268/37
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
RegulationNo120/67/EECwhichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsisherebyfixedasshowninthetableannexedtothis
Regulation .
Article2
ThisRegulationshallenterintoforceon17October
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,16October1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof16October1975fixingthecorrectiveamountapplicable
totherefundoncerealsandmalt
Cereals
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
101st
period
112nd
period
123rd
period
14th
period
25th
period
36th
period
4
10.01ACommonwheat,andmeslin— —
10.01BDurumwheat 0000 — — —
10.02 Rye— — — — — — —
10.03 Barley— — — — — —
10.04 Oats — — — — — —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 00000 — —
11.01BRyeflour 00000 —
11.02AlaDurumwheatgroatsandmeal 00000 — —
11.02AlbCommonwheatgroatsandI
meal 00000 — —
N.B.ThezonesarethosedefinedinRegulation (EEC)No941/72(OJNoL107,6.5.1972).