NoL236/22 OfficialJournaloftheEuropeanCommunities 27.8.76
COMMISSION REGULATION (EEC)No2111/76
of26August1976
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
Regulation(EEC)No1143/76(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
October1975*ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;nitymarketontheonehandandpricesforcereals
andcerealproductsontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumaridthenaturaldeve­
lopmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
Whereas ,fortheproductslistedinArticle1(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 ,which,aremaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprecedingsubparagraph ;
Whereasitfollowsfromapplyingtheprovisions
referredtoabovethatthecorrectiveamountmustbe
fixedasshowninthetableannexedtothisRegula­
tion;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,t
Whereas,Regulation(EEC)No1281/7.5(5)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­
(')OJNoL281,I.II.1975,p.1.
(-')OJNoL130,19.5.1976,p.1.
(>)OJNoL281,I.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
(5)OJNoL131,22.5.1975,p.15.

27.8.76 NoL236/23 OfficialJournaloftheEuropeanCommunities
herebyfixedasshowninthetablesannexedtothis
Regulation .HASADOPTED THISREGULATION :
Article1
Article2ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsisThisRegulationshallenterintoforceon1September
1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26August1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof26August1976fixingthecorrectiveamountapplicable
totherefundoncereals
Cereals
(n.ii./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
91st
period
102nd
period
IIîrd
period
124th
period
I5th
period
26th
period
.?
10.01ACommonwheat,andmesiin 0 0000
10.01BDurumwheat
forexportto:
—Switzerland ,Austriaand
Liechtenstein 0+500+500+500 — — —
—otherthirdcountries 0000 — — —
10.02 Rye 0000 — — —
10.03 Barley 000 0 0 — —
10.04 Oats 000 0—.— —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — — —
10.07CGrainsorghum 0000 — — —
11.01ACommonwheatflour 00 0 0 0 — —
11.01BRyeflour 0 0000'——
11.02AIaDurumwheatgroatsandmeal 0 000 0 — —
11.02AIbCommonwheatgroatsand
meal 0 0 0 0 0 — —
N.B.ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).