NoL279/24 2.10.87 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No2963/87
of1October1987
fixingthecorrectiveamountapplicabletotherefundoncereals
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;
WhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75accountshouldbetakenofthe
specificcriterialaiddowninArticle2(2)ofRegulation
(EEC)No1281/75;
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
thecorrectiveamountaccordingtodestination ;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
Whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin\
thelastparagraphofArticle3(1)ofCouncilRegula-V
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/87(8),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccession .ofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No1900/87(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(6)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtoprices
andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspectofHASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon2October1987.(')OJNoL281,1.11.1975,p.1.
(2)OJNoL182,3.7.1987,p.40.
(3)OJNoL281,1.11.1975,p.78.0OJNoL281,1.11.1975,p.65.
0OJNoL182,3.7.1987,p.49.faOJNoL131,22.5.1975,p.15.0OJNoL164,24.6.1985,p.1.
8)OJNoL153,13.6.1987,p.1.

2.10.87 OfficialJournaloftheEuropeanCommunities NoL279/25
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,1October1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof1October1987fixingthecorrectiveamountapplicable
totherefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
101stperiod
112ndperiod
123rdperiod
14thperiod
25thperiod
36thperiod
4
10.01BICommonwheatandmeslin 0000000
10.01BIIDurumwheat 00000 —- —
10.02 Rye 00000 — —
10.03 Barley 00000 — —
10.04 Oats 00000 — —
10.05BMaizeotherthanhybridmaizefor
sowing 0\
0000 ;
10.07CIIGrainsorghum,otherthanhybrid
sorghumforsowing— _
11.01ACommonwheatflour 00000 —
11.01BRyeflour 00000 —
11.02AIa)Durumwheatgroatsandmeal \Il
forexportsto:
—Algeria
—otherthirdcountries0
00
0—80,00
0—80,00
0—80,00
0—80,00—80,00
11.02Alb)Commonwheatgroatsandmeal 00000 — —
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation(EEC)No1548/87(OJNoL
144,4.6.1987).