27.5.77 OfficialJournaloftheEuropeanCommunities NoL132/15
COMMISSION REGULATION (EEC)No1099/77
of26May1977
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals(•),aslastamendedby
Regulation(EEC)No3138/76(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
certainproductslistedinArticle1(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.
(')OJNoL354,24.12.1976,p.1.
(J)OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.
5)OJNoL131,22.5.1975,p.15.

NoL132/16 27.5.77 OfficialJournaloftheEuropeanCommunities
HASADOPTED THISREGULATION :
Article1exportrefundsfixedinadvanceinrespectofcerealsis
herebyfixedasshowninthetableannexedtothis
Regulation .
Article2ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicabletoThisRegulationshallenterintoforceon1June1977.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26May1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommission Regulationof26May1977fixingthecorrectiveamountapplicableto
therefundoncereals
(u.a./tonne)
CCT 1st 2nd 3rd 4th 5th 6th
heading DescriptionoígoodsCurrentporioilperiod period period period period
No 6 7 H 9 10 11 12
10.01ACommonwheat,andmesiin 0 0
10.01BDurumwheat 0 0 0 00
10.02 Rye 0 0 00 — — —
10.03 Barley 0 0 — — — —
10.04 Oats 0 0 I)0 — —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — —
10.07CGrainsorghum— — — — —
11.01ACommonwheatflour 0 0 II n 0 — —
11.01BRyeflour 0 0 0 0 0 —
11.02AIa)Durumwheatgroatsandmeal 0 0 0 00 — —
11.02AIb)Commonwheatgroatsand
meal 00000 —
N.B.ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).