1.4.77 OfficialJournaloftheEuropeanCommunities NoL84/69
COMMISSION REGULATION (EEC)No689/77
of31March1977
fixingtherefundsapplicabletocerealsandwheatorryeflourgroatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71(5);
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtherulesoutlined
abovetothepresentsituationonthemarketin
cereals,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarket,thattherefunds,shouldbefixedas
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgan­
izationofthemarketincereals('),aslastamendedby
Regulation(EEC)No3138/76(2),andinparticularthe
firstsentenceofthefourthsubparagraphofArticle16
(2)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16ofRegulation (EEC)No2727/75
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo(EEC)
No2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(3),
providesthatwhenrefundsarebeingfixedaccount
mustbetakenoftheexistingsituationandthefuture
trendwithregardtopricesandavailabilitiesofcereals
ontheCommunitymarketontheonehandand
pricesforcerealsandcerealproductsontheworld
marketontheother;whereasthesamearticle
providesthatitisalsoimportanttoensureequili­
briumandthenaturaldevelopment ofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomicaspectoftheproposedexports
andtheneedtoavoiddisturbances ontheCommu­
nitymarket;HASADOPTEDTHISREGULATION :
WhereasArticle3ofRegulation(EEC)No2746/75
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned,in
Article4ofRegulation(EEC)No2746/75;whereas,
furthermore,whentherefundontheseproductsis
beingcalculated,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasArticle1
TherefundsontheproductslistedinArticle1(a),(b)
and(c)ofRegulation(EEC)No2727/75,exportedin
thenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon1April
1977.
(')OJNoL281,1.11.1975,p.1.
(2)OJNoL354,24.12.1976,p.1.
(>)OJNoL281,1.11.1975,p.78.(4)OJNo128,27.6.1967,p.2574/67.
(5)OJNoL168,27.7.1971,p.16.

NoL84/70 OfficialJournaloftheEuropeanCommunities1.4.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31March1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof31March1977fixingtherefundsapplicabletocereals
andwheatorryeflourgroatsandmeal
(n.ii./tonne)
CCT
heading Descriptionofproducts Refund
No
10.01ACommonwheat('),andmesiin 0
10.01BDurumwheat 0
10.02 RyeC) 0
10.03 Barley0
10.04 Oats 0
10.05BMaize,otherthanhybridmaizeforsowing—
10.07CGrainsorghum—
ex11.01AWheatflour:
—ofanashcontentof0to520 8000
—ofanashcontentof521to600 77-00
—ofanashcontentof601to900 7200
—ofanashcontentof901to1100 72-00
—ofanashcontentof1101to1650 62-00
—ofanashcontentof1651to1900 62-00
ex11.01BRyeflour:
—ofanashcontentof0to700 4800
—ofanashcontentof701to1150 48-00
—ofanashcontentof1151to1600 48-00
—ofanashcontentof1601to2000 48-00
11.02AIa)Durumwheatgroatsandmeal:
—ofanashcontentof0to950 170-00
—ofanashcontentof951to1300 170-00
—ofanashcontentof1301to1500 170-00
11.02AIb)Commonwheatgroatsandmeal:
—ofanashcontentof0to520 80-00
(')TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle7(J)and(S)ofRegulation (EEC)
No2727/75.
N.B.ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).