17.1.75 OfficialJournaloftheEuropeanCommunities NoL12/41
REGULATION (EEC)No111/75OFTHECOMMISSION
of16January1975
fixingtherefundsapplicabletocerealsandwheatorryeflourgroatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(5),asamendedbyRegulation (EEC)No
1607/71(6);
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtherulesoutlined
abovetothepresentsituationonthemarketin
cereals,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarket,thattherefunds,shouldbefixedas
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(')of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No1996/74(-),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle16(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle 16ofRegulationNo120/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article .1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo139/
67/EEC(•')of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds,asamendedby
Regulation (EEC)No1997/74(4),providesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehandandpricesforcerealsand
cerealproductsontheworldmarketontheother;
whereasthesamearticleprovidesthatitisalsoimpor­
tanttoensureequilibriumandthenaturaldevelop­
mentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasArticle3ofRegulationNo139/67/EEC
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned ,in
Article4ofRegulationNo139/67/EEC;whereas,
furthermore ,whentherefundontheseproductsis
beingcalculated ,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasHASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle 1(a),(b)
and(c)ofRegulationNo120/67/EEC,exportedinthe
naturalstate,areherebyfixedasshownintheAnnex
tothisRegulation .
Article2
ThisRegulationshallenterintoforceon17January
I975.(')OJNo117,19.6.1967,p.2269/67.
(-)O)NoL209,31.7.1974,p.I.
(•')O)No125,26.6.1967,p.2453/67.
b)OjNoL209,31.7.1974,p.3.(5)O!No128,27.61967,p.2574/67.
(")0|NoL168,27.7.1971,p.16.

NoL12/42 OfficialJournaloftheEuropeanCommunities 17.1.75
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,16January1975.
FortbeCommission
P.(.LARDINOIS
MemberoftheCommission

17.1.75 OfficialJournaloftheEuropeanCommunities NoL12/43
ANNEX
totheCommissionRegulationof16January1975fixingtherefundsapplicabletocereals
andwheatorryeflourgroatsandmeal
(u.a./t,
RefundCCTheading
No Descriptionofproducts
10.01ACommonwheatandmeslin
10.01BDurumwheat
10.02 Rye(>)
10.03 Barley
10.04 Oats
10.05BMaize(otherthanhybridmaizeforsowing)
1007CGrainsorghum
ex11.01AWheatflour:l —■ofanashcontentof0to520
—ofanashcontentof521to600
—ofanashcontentof601to900
—ofanashcontentof901to1100\ —ofanashcontentof1101to1650
—ofanashcontentof1651to1900
ex11.01BRyeflour:
—■ofanashcontentof0to700o
o
0
0
0
0
001.02AIa—ofanashcontentof701to1150
—ofanashcontentof1151to1600
—ofanashcontentof1601to2000
Durumwheatgroatsandmeal:
—ofanashcontentof0to950
—ofanashcontentof951to1300
—ofanashcontentof1301to1500
Commonwheatgroatsandmeal:
—-ofanashcontentof0to52011.02AIb
(')Therefundisgranted .solelyinrespectofryewhichhasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegu­
lationNo120/67/ECC.
IheamountbywhichtherefundmaybeincreasedpursuanttoArticle1otRegulationNo587,
67/EECis2u.a./ton.
N.B.Ifnoamountisfixedfortherefund,thecorrectiveamountforsuchrefundisnotfixed.