NoL181/22 OfficialJournaloftheEuropeanCommunities 11.7.75
REGULATION (EEC)No1778/75OFTHECOMMISSION
of10July1975
fixingthecorrectiveamountapplicabletotherefundoncerealsandmalt
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(1)of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No85/75(2),andinparticularthethird
sentenceofthesecondsubparagraph ofArticle16(4)
thereof;
Havingregardto.CouncilRegulationNo139/
67/EEC(3)of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds,aslastamendedby
Regulation(EEC)No87/75(4);
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16(4)ofRegulationNo120/67/EEC
providesthattheexportrefundapplicabletocereals
onthedayonwhichapplicationforanexportlicence
ismade,adjustedforthethresholdpriceinforce
duringthemonthofexportation,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityoftheexportlicence;whereas,inthiscase,
thecorrectiveamountmustbeappliedtotherefund;
WhereasCouncilRegulation(EEC)No1052/68(5)of
23July1968ontheimportandexportsystemfor
productsprocessedfromcerealsandrice,aslast
amendedbyRegulation (EEC)No980/75(6)made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)and(d)ofRegulation
No120/67/EEC;
WhereasRegulation (EEC)No1281/75(7)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrec­
tiveamountisbeingfixedaccountmustbetakenof
theexistingsituationandthefuturetrendwithregard
topricesandavailabilitiesofcerealsontheCommu­nitymarketontheonehandandpricesforcereals
andcerealproductsontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldeve­
lopmentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasfortheproductslistedinArticle1(c)of
RegulationNo120/67/EECandformaltaccount
shouldbetakenofthespecificcriterialaiddownin
Article2(2)and(3)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
fixedasshowninthetablesannexedtothisRegula­
tion;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,(')OJNo117,19.6.1967,p.2269/67.
(2)OJNoL11,16.1.1975,p.1.
(3)OJNo125,26.6.1967,p.2453/67.
(4)OJNoL11,16.1.1975,p.3.
(5)OJNoL179,25.7.1968,p.8.<
(')OJNoL95,17.4.1975,p.1.
(7)OJNoL131,22.5.1975,p.15.

11.7.75 OfficialJournaloftheEuropeanCommunities NoL181/23
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
RegulationNo120/67/EECwhichisapplicableto
exportrefundsfixedinadvanceinrespectofcerealsandmaltisherebyfixedasshowninthetables
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon11July
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,10July1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

NoL181/24 OfficialJournaloftheEuropeanCommunities 11.7.75
ANNEX
totheCommissionRegulationof10July1975fixingthecorrectiveamountapplicableto
therefundoncerealsandmalt
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
71st
period
82nd
period
93rd
period
104th
period
115th
period
126th
period
1
10.01ACommonwheat,andmeslin 0000 — —
10.01BDurumwheat — — — — — — —
10.02 Rye 0000 — — —
10.03 Barley 0000 — —
10.04 Oats 0000 — — —
10.05BMaizeotherthanhybridmaizeI\>
forsowing 0000 — — —
10.07CGrainsorghum 0000 — —
11.01ACommonwheatflour 00000 — —
11.01BRyeflour 00000 — —
11.02AIa-Durumwheatgroatsandmeal— — — — — — —
11.02AlbCommonwheatgroatsand\III
meal 00000 — —
N.B.ThezonesarethosedefinedinRegulation (EEC)No941/72(OJNoL107,6.5.1972).