27.3.81 OfficialJournaloftheEuropeanCommunities NoL81/35
COMMISSION REGULATION (EEC)No786/81
of26March1981
fixingthecorrectiveamountapplicabletotherefundoncereals
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
2727/75of29October1975onthecommonorgani­
zationofthemarketincereals('),aslastamendedby
theActofAccessionofGreece(2),andinparticularthe
thirdsentenceofthesecondsubparagraph ofArticle
16(4)thereof,
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)No2245/78(*),
madepossiblethefixingofacorrectiveamountfor
certainproductslistedinArticle1(c)ofRegulation
(EEC)No2727/75;
WhereasRegulation(EEC)No1281/75(*)laiddown
detailedrulesfortheadvancefixingofexportrefunds
forcerealsandcertainproductsprocessedfrom
cereals;Whereas,pursuanttothatRegulation,whenthe
correctiveamountisbeingfixed,accountmustbe
takenoftheexistingsituationandthefuturetrend
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
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprecedingindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforCereals,(')OJNoL281,1.11.1975,p.1.0OJNoL291,19.11.1979,p.17.0OJNoL281,1.11.1975,p.78.0OJNoL281,1.11.1975,p.65.0OJNoL273,29.9.1978,p.1.
(«)OJNoL131,22.5.1975,p.15.

NoL81/36 OfficialJournaloftheEuropeanCommunities 27.3.81
HASADOPTEDTHISREGULATION :
Article1exportrefundsfixedinadvanceinrespectofcereals
shallbeassetoutintheAnnexhereto.
Article2
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicabletoThisRegulationshallenterintoforceon1April1981.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26March1981.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof26March1981fixingthecorrectiveamountapplicable
totherefundoncereals
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
41st
period
52nd
period
63rd
period
74th
period
85th
period
96th
period
10
10.01ACommonwheat,andmesiin
forexportto:
TTCCD—UJJK
—China 0+7-00+10-00+500—50000
—otherthirdcountries 0+2-00+5-004-500—500 — —
10.01BDurumwheat 000 — — — —
10.02 Rye 000 — — — —
10.03 Barley
forexportto:
ττςςρUJuX\
—otherthirdcountries 0+5-00+5-000—500
10.04 Oats 000 — — — —
10.05BMaizeotherthanhybridmaize
forsowing— ■ — — — — — —
10.07CGrainsorghum— — — — — — —
11.01ACommonwheatflour 00000 — —
11.01BRyeflour 00000 — —
11.02AIa)Durumwheatgroatsandmeal 00000 — —
11.02AIb)Commonwheatgroatsand
meal 00000 — —