NoL253/48 OfficialJournaloftheEuropeanCommunities 26.9.80
COMMISSION REGULATION (EEC)No2457/80
of25September1980
fixingdiecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
Economic :Community ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals(l),aslastamendedby
Regulation(EEC)No1870/80(2),andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
16(4)thereof,
HavingregardtoCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(3),
Having;regardtotheopinionoftheMonetary
Committee ,
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation ,mustbe
appliedonrequesttoexportstobeeffecuedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,acorrectiveamountmustbeappliedtothe
refund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation(EEC)No2245/78(5),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­nitymarketontheonehandandpossibilitiesand
conditionsforthesaleofcerealsandcerealproducts
ontheworldmarketontheother;whereasthesame
Regulationprovidesthatitisalsoimportanttoensure
equilibriumandthenaturaldevelopmentofprices
andtradeoncerealmarketsand,furthermore ,totake
intoaccounttheeconomicaspectofexportsandthe
needtoavoiddisturbancesontheCommunity
market;
WhereasfortheproductslistedinArticle1(c)of
Regulation (EEC)No2727/75accountshouldbe
takenofthespecificcriterialaiddowninArticle2(2)
ofRegulation(EEC)No1281/75;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereasitmaybealteredintheperiodbetween
fixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,(')OJNoL281,1.11.1975,p.1.
(2)OJNoL184,17.7.1980,p.1.
(3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
i'5)OJNoL273,29.9.1978,p.1.
OJNoL131,22.5.1975,p.15.

26.9.80 NoL253/49 OfficialJournaloftheEuropeanCommunities
Article2 HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcereals
shallbeassetoutintheAnnexhereto.ThisRegulationshallenterintoforce:on26
September1980.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,25September1980.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof25September1980fixingthecorrectiveamountappli­
cabletotherefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
91st
period
102nd
period
113rd
period
124th
period
15th
period
26th
period
3
10.01A
10.01B
10.02
10.03
10.04
10.05B
10.07C
11.01A
11.01B
11.02AIa)
11.02Alb)Commonwheat,andmeslin
Durumwheat
Rye
Barley
Oats
Maizeotherthanhybridmaize
forsowing
Grainsorghum
Commonwheatflour
Ryeflour
Durumwheatgroatsandmeal
Commonwheatgroatsand
meal0
0
0
0
0
0
0
0
0P
0
0
0
0
0
0
0
00
0
0
0
0
0
0
0
00
0
0
0
0
00
0
0
0
0
0—-
NB.ThezonesarethosedefinedinRegulation(EEC)No11»24/77(OJNoI.134,28.5.1977).