30.9.77 OfficialJournaloftheEuropeanCommunities NoL249/23
COMMISSION REGULATION (EEC)No2151/77
of29September1977
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals(!),aslastamendedby
Regulation(EEC)No1386/77(2),andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
16(4)thereof,
HavingregardtoCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16(4)ofRegulation (EEC)No
2727/75providesthattheexportrefundapplicableto
cerealsonthedayonwhichapplicationforanexport
licenceismade,adjustedforthethresholdpricein
forceduringthemonthofexportation,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityoftheexportlicence;whereas,in
thiscase,thecorrectiveamountmustbeappliedto
therefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation (EEC)No1281/75(5)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation ,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­nitymarketontheonehandandpricesforcereals
andcerealproductsontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldeve­
lopmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasfortheproductslistedinArticle1(c)of
Regulation (EEC)No2727/75accountshouldbe
takenofthespecificcriterialaiddowninArticle2(2)
ofRegulation (EEC)No1281/75;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;
Whereasitmaybealteredintheperiodbetween
fixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencies,whicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprecedingsubparagraph ;
Whereasitfollowsfromapplyingtheprovisions
referredtoabovethatthecorrectiveamountmustbe
fixedasshowninthetableannexedtothisRegula­
tion;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­(!).OJNoL281,1.11.1975,p.1.
(2)OJNoL158,29.6.1977,p.1.
(3)OJNoL281,1.11.1975,p.78.
(«)OJNoL281,1.11.1975,p.65.
(5)OJNoL131,22.5.1975,p.15. mentCommitteeforCereals,

NoL249/24 OfficialJournaloftheEuropeanCommunities 30.9.77
herebyfixedasshowninthetableannexedtothis
Regulation .HASADOPTEDTHISREGULATION :
Article1
Article2ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsisThisRegulationshallenterintoforceon1October
1977.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29September1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof29September1977fixingthecorrectiveamountappli­
cabletotherefundoncereals
(u.a./tonne)
CCT
heading
NoDescriptionofgoodsCurrent
101st
period
112nd
period
123rd
period
14th
period
25th
period
36th
period
4
10.01ACommonwheat,andmesiin 000 — — — —
10.01BDurumwheat 000 — — — —
10.02 Rye 000 — — — —
10.03 Barley 000 — — — —
10.04 Oats 000 — — — —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 000 0 0 _ —
11.01BRyeflour 00000 — —
11.02AIa)Durumwheatgroatsandmeal 00000 — —
11.02AIb)Commonwheatgroatsand
meal 00000 — —
NB.ThezonesarethosedefinedinRegulation (EEC)No1124/77(OJNoL134,28.5.1977).