19.8.88OfficialJournaloftheEuropeanCommunitiesNoL230/36
COMMISSION REGULATION (EEC)No2592/88
of18August1988
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)No1676/85Q,aslastamendedbyRegula­
tion(EEC)No1636/87(8),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSIONOFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No2221/88(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)No1906/87(*),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)ofRegulation(EEC)No
2727/75;
WhereasCommissionRegulation(EEC)No1281/75(6)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtoprices
andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthe,sale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No*727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon19August1988.(')OJNoL281,1.11.1975,p.1.
P)OJNoL197,26.7.1988,p.16.
(3)OJNoL281,1.11.1975,p.78.0OJNoL281,1.11.1975,p.65.
HOJNoL182,3.7.1987,p.49.
(«)OJNoL131,22.5.1975,p.15.0OJNoL164,24.6.1985,p.1.
(")OJNoL153,13.6.1987,p.1.

NoL230/3719.8.88 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,18August1988.
FortheCommission
FransANDRIESSEN
Vice-President

NoL230/38 OfficialJournaloftheEuropeanCommunities19.8.88
ANNEX
totheCommissionRegulationof18August1988fixingthecorrectiveamountapplicable
totherefundoncereals
(ECU/tonne)
Productcode Destination(')Current
81stperiod
92ndperiod
103rdperiod
114thperiod
125thperiod
16thperiod
2
07099060000— — — — — — —
07129019000— — — — — —
10011010000— — — — —I
10011090000 "01 0 04-40,00+40,00+40,00-40,00-40,00
10019091000— — — — — — — —
10019099000 01 0 0+30,00+30,00+30,00-30,00-30,00
10020000000 01 0 0-30,00-30,00-30,00-30,00-30,00
10030010000— — — — — — —
10030090000 01 0 0+30,00+30,00+30,00-30,00-30,00
10040010000— — — — — — —
10040090000 01 0-1,50-3,00-30,00-30,00-30,00-30,00
10051090000— — — — — — — _
10059000000 01 0-30,00-30,00-30,00-30,00-30,00-30,00
10070090000— — — — — — — •
10082000000— — — — — — — —
11010000110 01 0 0+18,00+18,00+18,00— —
11010000120 01 0 0+18,00+18,00+18,00— '—
11010000130 01 0 .0+18,00+18,00+18,00— —
11010000150 01 0 0+18,00+18,00+18,00— —
11010000170 01 0 0+18,00+18,00+18,00— —
11010000180 01 0 0+18,00+18,004-18,00— —
11010000190— — — — — — — —
11010000900— — — — — — — —
11021000100 01 .0 0+18,00+18,00+18,00— —
11021000200 01 0 0+18,00+18,00+18,00— —
11021000300 01 0 0+18,00+18,00+18,00— —
11021000500 01 0 0+18,00+18,00+18,00— —
v11021000900— — — — — — — —
11031110100 01 0 0-50,00-50,00-50,00-50,00-50,00
11031110200 01 0 0-50,00-50,00-50,00-50,00-50,00
11031110500 01 0 0-50,00-50,00-50,00-50,00-50,00
11031110900 01 0 0-50,00-50,00-50,00-50,00-50,00
11031190100 01 0 0+18,00+18,00+18,00— :—
11031190900— — —
\\\|
(')Forthefollowingdestinations :
01Allthirdcountries.
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation(EEC)No296/88(OJNoL
30,2.2.1988).