24.6.88 OfficialJournaloftheEuropeanCommunities NoL157/21
COMMISSION REGULATION (EEC)No1776/88
of23June1988
fixingthecorrectiveamountapplicabletotherefundoncereals
andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,
furthermore,totakeintoaccounttheeconomicaspectof
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No1097/88(2),
HavingregardtoCouncilRegulation(EEC)No2746/75
of29October1975layingdowngeneralrulesforgranting
exportrefundsoncerealsandcriteriaforfixingthe
amountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16(4)ofRegulation(EEC)No2727/75
providesthattheexportrefundapplicabletocerealson
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpriceinforceduringthe
monthofexportation,mustbeappliedonrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation (EEC)No1906/87(*),made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)ofRegulation(EEC)No
2727/75;
WhereasCommissionRegulation(EEC)No1-281/75(6)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexis­
tingsituationandthefuturetrendwithregardtopricesWhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75accountshouldbetakenofthe
specificcriterialaiddowninArticle2(2)ofRegulation
(EEC)No1281/75;
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
thecorrectiveamountaccordingtodestination ;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
Whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85Q,aslastamendedbyRegula­
tion(EEC)No1636/87(8),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient;
Whereas,followingtheintroductionofthe"combined
nomenclature "byCouncilRegulation (EEC)No
2658/87(9),thenomenclatureapplicablefrom1January
1988toexportrefundsonagriculturalproductswasesta­
blishedbyReglation(EEC)No3846/87(10);
(')OJNoL281,1.11.1975,p.1.f)OJNoL110,29.4.1988,p.7.0OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.
0OJNoL182,3.7.1987,p.49.
(«)OJNoL131,22.5.1975,p.15.OOJNoL164,24.6.1985,p.1.
{*)OJNoL153,13.6.1987,p.1.
(»)OJNoL256,7.9.1987,p.1.HOJNoL366,24.12.1987,p.1

NoL157/22 OfficialJournaloftheEuropeanCommunities 24.6.88
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamoutmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
HASADOPTEDTHISREGULATION :Article2
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation (EEC)No2727/75whichisapplicabletoThisRegulationshallenterintoforceon24June1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,23June1988
FortheCommission
FransANDRIESSEN
Vice-President

24.6.88 OfficialJournaloftheEuropeanCommunities NoL157/23
ANNEX
totheCommissionRegulationof23June1988fixingthecorrectiveamountapplicableto
therefundoncereals
(ECU/tonne)
Productcode Destination(')Current
61stperiod
72ndperiod
83rdperiod
94thperiod
105thperiod
116thperiod
12
07099060000.
07129019000 — — — — — — — —
10011010000 — — - — — — — — —
10011090000 01 0 0-40,00-40,00-40,00-40,00-40,00
10019091000 — ■ — — — — — — —
10019099000 01 0 0-30,00-30,00-30,00-30,00-30,00
10020000000 01 0 0-30,00-30,00-30,00-30,00-30,00
10030010000 — — — — — — '——
10030090000 01 0 0-30,00-30,00-30,00-30,00-30,00
10040010000 — — — — — — — —
10040090000 T­— — — — — — —
10051090000 — — — ■— — — — —
10059000000 01 0-30,00-30,00-30,00-30,00-30,00-30,00
10070090000 — — — — — — — —
10082000000 — — — — — — — —
11010000110 02 0-40,00-40,00-40,00-40,00-40,00-40,00
03 0+55,00+55,00+55,00+55,00+55,00+55,00
11010000120 02 0-40,00-40,00-40,00-40,00-40,00-40,00
03 0+55,00+55,00+55,00+55,00+55,00+55,00
11010000130 01 0-40,00-40,00-40,00-40,00-40,00-40,00
11010000150 01 0-40,00-40,00-40,00-40,00-40,00-40,00
11010000170 01 0-40,00-40,00-40,00-40,00-40,00-40,00
11010000180 01 0-40,00-40,00-40,00-40,00-40,00-40,00
11010000190 — — — — — — — —
11010000900 — — — — — — — —
11021000100 01 0-40,00-40,00-40,00-40,00-40,00-40,00
11021000200 01, 0-40,00-40,00-40,00-40,00-40,00-40,00
11021000300 01 0-40,00-40,00-40,00-40,00-40,00-40,00
11021000500 01 0-40,00-40,00-40,00-40,00-40,00-40,00
11021000900 — — — — — — — —
11031110100 01 0-50,00-50,00-50,00-50,00-50,00-50,00
11031110200 01 0-50,00-50,00-50,00-50,00-50,00-50,00
11031110500 01 0-50,00-50,00-50,00-50,00-50,00-50,00
11031110900 01 0-50,00-50,00-50,00-50,00-50,00-50,00
11031190100 01 0-40,00-40,00-40,00-40,00-40,06-40,00
11031190900 — — — — — — — —
(')Forthefollowingdestinations :
01Allthirdcountries
02Otherthirdcountries
03Egypt.
N.B.ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslastamendedbyRegulation(EEC)No296/88(OJNoL
30,2.2.1988).