1.2.86 OfficialJournaloftheEuropeanCommunities NoL27/51
COMMISSION REGULATION (EEC)No224/86
of31January1986
fixingthecorrectiveamoyntapplicabletotherefundoncereals
WhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75.accountshouldbetakenofthe
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)ofRegulation(EEC)
No1676/850,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No3768/85(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)No1027/84(*),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)ofRegulation(EEC)No
2727/75;
WhereasRegulation (EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefundsfor
cerealsandcertainproductsprocessedfromcereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtoprices
andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspectof
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1February1986.(')OJNoL281,1.11.1975,p.1.
(2)OJNoL362,31.12.1985,p.8.0OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.0OJNoL107,19.4.1984,p.15.faOJNoL131,22.5.1975,p.15. 0OJNoL164,24.6.1985,p.1.

NoL27/52 OfficialJournaloftheEuropeanCommunities 1.2.86
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1986.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof31January1986fixingthecorrectiveamountapplicable
totherefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
21stperiod
32ndperiod
43rdperiod
54thperiod
65thperiod
76thperiod
8
10.01BICommonwheatandmeslinII
forexportsto:\\\l
—China 0+6,00+6,00+6,00+6,00+6,00+6,00
—otherthirdcountries 0000000
10.01BIIDurumwheat 00000 — —
10.02 Rye 00000 — —
10.03 Barley 00000 — —
10.04 Oats— — — — — — —
10.05BMaizeotherthanhybridmaizefor\Il||
sowing 0000 — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 00000 — —
11.01BRyeflour 00000 — —
11.02AIa)Durumwheatgroatsandmeal 0000000
11.02Alb)Commonwheatgroatsandmeal 00000 — —
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation
(EEC)No501/85(OJNoL60,28.2.1985).