11.6.82 OfficialJournaloftheEuropeanCommunities NoL160/17
COMMISSION REGULATION (EEC)No1487/82
of10June1982
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
CouncilRegulation(EEC)No3808/81(2),
HavingregardtoCouncilRegulation(EEC)No
2746/75of29October1975layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds(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)No1783/810,
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(*)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthe
correctiveamountisbeingfixed,accountmustbetakenoftheexistingsituationandthefuturetrend
withregardtopricesandavailabilitiesofcerealsonthe
Communitymarketontheonehandandpossibilities
andconditionsforthesaleofcerealsandcereal
productsontheworldmarketontheother;whereas
thesameRegulationprovidesthatitisalsoimportant
toensureequilibriumandthenaturaldevelopmentof
pricesandtradeoncerealmarketsand,furthermore,to
takeintoaccounttheeconomicaspectofexportsand
theneedtoavoiddisturbancesontheCommunity
market;
WhereasfortheproductslistedinArticle1(c)of
Regulation(EEC)No2727/75accountshouldbe
takenofthespecificcriterialaiddowninArticle2(2)
ofRegulation(EEC)No1281/75;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessary
tovarythecorrectiveamountaccordingtodesti­
nation;
Whereasthecorrectiveamountmustbefixedatthe
sametimeastherefundandaccordingtothesame
procedure;whereasitmaybealteredintheperiod
betweenfixings;
Whereasitmaybealteredintheperiodbetween
fixings;
Whereas,ifthesystemofcorrectiveamountsisto
operatenormally,correctiveamountsshouldbecalcu­
latedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theircentralrate,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforCereals,(')OJNoL281,1.11.1975,p.1.
(>)OJNoL382,31.12.1981,p.37.
(3)OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.0OJNoL176,1.7.1981,p.10.
(«)OJNoL131,22.5.1975,p.15.

NoL160/18 OfficialJournaloftheEuropeanCommunities 11.6.82
exportrefundsfixedinadvanceinrespectofcereals
shallbeassetoutintheAnnexhereto.HASADOPTEDTHISREGULATION :
Article1Article2
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicabletoThisRegulationshallenterintoforceon11June
1982.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,10June1982.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof10June1982fixingthecorrectiveamountapplicableto
therefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
61stperiod
72ndperiod
83rdperiod
94thperiod
105thperiod
116thperiod
12
10.01BICommonwheat,andmesiin:00—5-00—5-00—500 00
10.01BIIDurumwheat 000 — — — —
10.02 Rye 000 — — — —
10.03 Barley 00000 — —
10.04 Oats 000 — — — —
10.05BMaizeotherthanhybridmaize
forsowing— — — — — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 0+10-00 000 — —
11.01BRyeflour 00000 — —
11.02AIa)Durumwheatgroatsandmeal 0 •0000 — —
11.02AIb)Commonwheatgroatsandmeal 00000 — —
NB.ThezonesarethosedefinedinRegulation (EEC)No1124/77(OJNoL134,28.5.1977).