NoL212/58 OfficialJournaloftheEuropeanCommunities5.8.88
COMMISSION REGULATION (EEC)No2465/88
of4August1988
fixingtheexportrefundsoncerealsandonwheatorryeflour,groatsandmeal
accountmustbetakenofthequantitiesofcereals
requiredfortheirmanufacture ;whereasthesequantities
werefixedinCommissionRegulationNo162/67/EEC(4),
asamendedbyRegulation(EEC)No1607/710;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessaryto
varytherefundforcertainproductsaccordingtodestina­
tion:
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(%aslastamendedbyRegula­
tion(EEC)No1636/87
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient;HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No2221/88(2),andinparticularthefourthsubparagraph
ofArticle16(2),
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thatRegulationandpricesforthoseproductsinthe
Communitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
2746/75of29October1975layingdowngeneralrulesfor
grantingexportrefundsoncerealsandcriteriaforfixing
theamountofsuchrefunds(3),providesthatwhen
refundsarebeingfixed,accountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehand,andpricesforcerealsandcereal
productsontheworldmarketontheother;whereasthe
sameArticleprovidesthatitisalsoimportanttoensure
equilibriumandthenaturaldevelopmentofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomicaspectoftheproposedexportsand
theneedtoavoiddisturbancesontheCommunity
market;
WhereasArticle3ofRegulation(EEC)No2746/75
definesthespecificcriteriatobetakenintoaccountwhen
therefundoncerealsisbeingcalculated;
Whereasthesespecificcriteriaaredefined,asfaraswheat
andryeflour,groatsandmealareconcerned,inArticle4
ofRegulation(EEC)No2746/75;whereasfurthermore,
whentherefundontheseproductsisbeingcalculated,Whereasitfollowsfromapplyingthedetailedrulesset
outabovetothepresentsituationonthemarketin
cereals,andinparticulartoquotationsorpricesforthese
productswithintheCommunityandontheworld
market,thattherefundsshouldbeassetoutinthe
Annexhereto;
Whereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
(4)OJNo128,27.6.1967,p.2574/67.
(ÓOJNoL168,27.7.1971,p.16.
(«)OJNoL164,24.6.1985,p.1.
OOJNoL153,13.6.1987,p.1.(')OJNoL281,1.11.1975,p.1.0OJNoL197,26.7.1988,p.16.
(3)OJNoL281,1.11.1975,p.78.

5.8.88 OfficialJournaloftheEuropeanCommunities NoL212/59
HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1(a),
(b)and(c)ofRegulation(EEC)No2727/75,exportedin
thenaturalstate,shallbeassetoutintheAnnexhereto.TherefundonexporttoPortugalh^snotbeenfixed.
Article2
ThisRegulationshallenterintoforceon5August1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,4August1988.
FortheCommission
FransANDRIESSEN
Vice-President

NoL212/60 OfficialJournaloftheEuropeanCommunities 5.8.88
ANNEX
totheCommissionRegulationof4August1988fixingtheexportrefundsoncerealsand
onwheatorryeflour,groatsandmeal
(ECU/tonne)
Productcode Destination(') Amountofrefund
07099060000 —
07129019000 — —
10011010000 01 0
10011090000 04 30,00(2)
05 25,00(2)
I 07 24,00(2)
02 20,00j2)
10019091000 01 &
10019099000 03 45,00
02 25,00
l 06 45,00
08 30,00
10020000000 03 45,00
,02 25,00
06 45,00
10030010000 02 0
05 55,00
10030090000 03 45,00
02 20,00
07 30,00
10040010000 02 0
l09 40,00
10040090000 01 0
10051090000 — —
10059000000 03 45,00
02 0
10070090000 — —
10082000000 — —
11010000110 01 85,00
11010000120 01 85,00
11010000130 01 77,00
11010000150 01 67,00
11010000170 01 57,00
11010000180 01 47,00
11010000190 '— —
11010000900 — \
11021000100 01 85,00
11021000200 01 85,00
11021000300 01 85,00
11021000500 01 85,00
11021000900 — —
11031110100 02 160,00
11031110200
11031110500
1103111090005
02
05
01
01200,00
152,00
200,00
135,00
128,00
11031190100 01 85,00
11031190900 — —

NoL212/61 5.8.88 OfficialJournaloftheEuropeanCommunities
.(')Thedestinationsareidentifiedasfollows:
01Allthirdcountries,
02Otherthirdcountries.
03Switzerland,AustnaandLiechtenstein ,
04ZonesIIandIII,
05Algeria,
06ZoneII(b),
07Tunisia,
08Morocco,
09ZoneI.
(2)Therefundcannotbegrantedifthequalityofdurumwheatexportedcorrespondstolessthanthequality
definedinparagraph2ofArticle2ofRegulation(EEC)No1569/77withtheexceptionofimpuritiesconstituted
bygrain(otherthai!mottledgrainsandgrainsaffectedwithfusariosis);7%maximumofwhich5%ofsoft
wheatorothercereals.
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedby
Regulation(EEC)No296/88(OJNoL30,2.2.1988).
TheproductcodesandthefootnotesaredefinedinRegulation(EEC)No3846/87asamended.
\