29.1.88OfficialJournaloftheEuropeanCommunities NoL24/55
COMMISSION REGULATION (EEC)No247/88
of28January1988
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSIONOFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,
furthermore,totakeintoaccounttheeconomicaspectof
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;HavingregardtotheActofAccessionofSpainand
Portugal,
WhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75accountshouldbetakenofthe
specificcriterialaiddowninArticle2(2)ofRegulation
(EEC)No1281/75;HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No3989/87(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(*)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtopricesWhereastheworldmarketsituationorthespecificrequi­
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;
Whereas,followingtheintroductionofthe"combined
nomenclature"byCouncilRegulation(EEC)No
2658/87('),thenomenclatureapplicablefrom1January
1988toexportrefundsonagriculturalproductswasesta­
blishedbyReglation(EEC)No3846/87(,0);(')OJNoL281,1.11.1975,p.1.
(2)OJNoL377,31.12.1987,p.1.0OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.
(«)OJNoL131,22.5.1975,p.15.0OJNoL164,24.6.1985,p.1.
(8)OJNoL153,13.6.1987,p.1.0OJNoL256,7.9.1987,p.1.
(,0)OJNoL366,24.12.1987,p.1

OfficialJournaloftheEuropeanCommunities29.1.88
NoL24/56
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamoutmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
Article2
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicabletoThisRegulationshallenterintoforceon29January
1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28January1988.
FortheCommission
FransANDRIESSEN
Vice-President
\

29.1.88 OfficialJournaloftheEuropeanCommunities NoL24/57
ANNEX
totheCommissionRegulationof28January1988fixingthecorrectiveamountapplicable
totherefundoncereals
(ECU/tonne)
Productcode Destination(')Current
11stperiod
22ndperiod
33rdperiod
44thperiod
55thperiod
66thperiod
7
07099060000 \
07129019000 — — — — — —..
10011010000 — — — — — — :
10011090000 01 0 0 0 0 0-20,00-20,00
10019091000 — — — — — .— — —
10019099000 02 0 0-1,00-3,00-10,00-10,00-10,00
07 0 0-20,00-20,00-20,00-20,00-20,00
10 0 0-20,00-20,00-20,00-20,00-20,00
10020000000 01 0 0 0 0 0 — —
10030010000 — — — — — — — —
10030090000 01 0 0-1,00-3,00-10,00-10,00-10,00
10040010000 — — — — — — —
10040090000 — — — — — —
10051090000 — — — — — — — —
10059000000 01 0 0 0 0-20,00-20,00-20,00
10070090000 — — — — — — —
10082000000 — — — — -— — —
11010000110 02 0 0 0 0 0 — —
11 0 0 0-20,00-20,00— —
11010000120 02 0 0 0 0 0 — —
11 0 0 0-20,00-20,0Q— —
11010000130 01 0 0 0 0 0 — —
11010000150 01 0 0 0 0 0 — —
11010000170 01 0 0 0 0 0 —
11010000180 01 0 0 0 0 0 — —
11010000190 — — — — — — —
11010000900 — — — — —" — —
11021000100 01 0 0 0 0 0 —
11021000200 01 0 0 0 0 0 — —
11021000300 01 0 0 0 0 0 — —
11021000500 01 0 0 0 0 0 — —
11021000900 — — — — — — —
11031110100 01 0 0 0 0 0-50,00-50,00
11031110200 01 0 0 0 0 0-50,00-50,00
11031110500 01 0 0 0 0 0-50,00-50,00
11031110900 01 0 0 0 0 0-50,00-50,00
11031190100 01 0 0 0 0 0 — —
11031190900 — — — — — — —
NB.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation(EEC)No1548/87(OJNoL
144,4.6.1987).
(')Forthefollowingdestinations :
01Allthirdcountries,
02Otherthirdcountries,
07SouthKorea,
10Cuba,
11NorthYemen.