NoL52/26 27.2.76 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No427/76
of26February1976
fixingtherefundsapplicabletocerealsandwheatorryeflourgroatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71(5);
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ojitheireffectiveparity;
—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(J),asamendedby
Regulation(EEC)No3058/75(2),andinparticularthe
firstsentenceofthefourthsubparagraph ofArticle16
(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;
WhereasArticle3ofRegulation(EEC)No2746/75
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned,in
Article4ofRegulation (EEC)No2746/75;whereas,
furthermore ,whentherefundontheseproductsis
beingcalculated,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasHASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(a),(b)
and(c)ofRegulation (EEC)No2727/75,exportedin
thenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon27February
1976.
(•)OJNoL281,1.11.1975,p.1.,
(2)OJNoL306,26.11.1975,p.3.
(3)OJNoL281,1.11.1975,p.78.(4)OJNo128,27.6.1967,p.2574/67.
(5)OJNoL168,27.7.1971,p.16.

27.2.76 NoL52/27 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26February1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

NoL52/28 OfficialJournaloftheEuropeanCommunities 27.2.76
ANNEX
totheCommissionRegulationof26February1976fixingtherefundsapplicabletocereals
andwheatorryeflourgroatsandmeal
(u.a./metricton)
CCT
heading Descriptionofproducts Refund
No
10.01A Commonwheat(*)andmesiin
forexportto:
—Switzerland ,AustriaandLiechtenstein 20-00
—otherthirdcountries 0
10.01B Durumwheat 45-00
10.02 Rye(') 0
10.03 Barley
forexportto:
—Switzerland ,AustriaandLiechtenstein 20-00
—otherthirdcountries 0
10.04 Oats 12-00 ,
10.05B Maize(otherthanhybridmaizeforsowing)
forexportto:
—theIberianpeninsular 30-00
—otherthirdcountries —
10.07C Grainsorghum 25-00
ex11.01A Wheatflour:
—ofanashcontentof0to520 40-00
—ofanashcontentof521to600 40-00
—ofanashcontentof601to900 32-00
—ofanashcontentof901to1100 32-00
—ofanashcontentof1101to1650 22-00
—ofanashcontentof1651to1900 22-00
ex11.01B Ryeflour:
—ofanashcontentof0to700 48-00
—ofanashcontentof701to1150 48-00
—ofanashcontentof1151to1600 48Ό0
—ofanashcontentof1601to2000 48-00
11.02AIaDurumwheatgroatsandmeal:
—ofanashcontentof0to950 63-00
—ofanashcontentof951to1300 63-00
—ofanashcontentof1301to1500 63-00
11.02AIbCommonwheatgroatsandmeal:
—ofanashcontentof0to520 40-00
(')TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle7(3)and(5)Regulation(EEC)No
2727/75.
NB.ThezonesarethosedefinedinRegulation(EEC)No306/76(OJNoL38,13.2,1976).