20.4.79 OfficialJournaloftheEuropeanCommunities NoL98/29
COMMISSION REGULATION (EEC)No770/79
of19April1979
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
Regulation(EEC)No1254/78(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,acorrectiveamountmustbeappliedtothe
refund;
WhereasCouncilRegulation (EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),as
lastamendedbyRegulation (EEC)No2245/78(5),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(6)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­
nitymarketontheonehandandpossibilitiesand
conditionsforthesaleofcerealsandcerealproducts
ontheworldmarketontheother;whereasthesameRegulationprovidesthatitisalsoimportanttoensure
equilibriumandthenaturaldevelopment ofprices
andtradeoncerealmarketsand,furthermore ,totake
intoaccounttheeconomicaspectofexportsandthe
needtoavoiddisturbances ontheCommunity
market;
WhereasfortheproductslistedinArticle1(c)of
Regulation (EEC)No2727/75accountshouldbe
takenofthespecificcriterialaiddowninArticle2(2)
ofRegulation(EEC)No1281/75;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure ;whereasitmaybealteredintheperiod
betweenfixings;
Whereasitmaybealteredintheperiodbetween
fixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent;
WhereasCouncilRegulation (EEC)No652/79of29
March1979(7)laiddownthecoefficientfor
expressingamounts,fixedinunitsofaccount,in
ECU;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,(')OJNoL281,1.11.1975,p.1.
(2)OJNoL156,14.6.1978,p.1.
(3)OJNoL281,1.11.1975,p.78.
(A)OJNoL281,1.11.1975,p.65.
(5)OJNoL273,29.9.1978,p.1.
(')OJNoL131,22.5.1975,p.15. (7)OJNoL84,4.4.1979,p.1.

20.4.79 NoL98/30 OfficialJournaloftheEuropeanCommunities
exportrefundsfixedinadvanceinrespectofcereals
shallbeassetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon20April
1979.HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicableto
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,19April1979.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof19April1979fixingthecorrectiveamountapplicableto
therefundoncereals
(ECUtonne)
CCT
heading
NoDescriptionCurrent
41st
period2nd
periodUd
period4th
period
85th
period6th
period
10
10.01ACommonwheat,andmeslin 0 0 0—12-00 0 _
10.01BDurumwheat 0 0 0 — — — —
10.02 Rye 0 0 0 0 — — —
10.03 Barley 0 0 0—12-000 — —
10.04 Oats 0 0 0 — — _ —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 0 0 0 0 0 __ —
11.01BRyeflour 0 0 0 0 0 — —
11.02AIa)Durumwheatgroatsandmeal 0 0 0 0 0 — —
11.02AIb)Commonwheatgroatsand
meal 0 0 0 0 0 — —