23.12.77 OfficialJournaloftheEuropeanCommunities NoL330/23
COMMISSION REGULATION (EEC)No2870/77
of22December 1977
fixingtherefundsapplicabletocerealsandwheatorryeflourgroatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71(5);
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtherulesoutlined
abovetothepresentsituationonthemarketin
cereals,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarket,thattherefunds,shouldbefixedas
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorgan­
izationofthemarketincereals('),aslastamendedby
Regulation(EEC)No1386/77(2),andinparticularthe
firstsentenceofthefourthsubparagraph ofArticle16
(2)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo(EEC)
No2746/75of29October1975layingdowngeneral
rulesforgrantingexportrefundsoncerealsand
criteriaforfixingtheamountof-suchrefunds(3),
providesthatwhenrefundsarebeingfixedaccount
mustbetakenoftheexistingsituationandthefuture
trendwithregardtopricesandavailabilitiesofcereals
ontheCommunitymarketontheonehandand
pricesforcerealsandcerealproductsontheworld
marketontheother;whereasthesamearticle
providesthatitisalsoimportanttoensureequili­
briumandthenaturaldevelopment ofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomicaspectoftheproposedexports
andtheneedtoavoiddisturbances ontheCommu­
nitymarket;
WhereasArticle3ofRegulation (EEC)No.2746/75
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned,in
Article4ofRegulation (EEC)No2746/75;whereas,
furthermore ,whentherefundontheseproductsis
beingcalculated,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasHASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(a),(b)
and(c)ofRegulation (EEC)No2727/75,exportedin
thenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon23
December1977.
(')OJNoL281,1.11.1975,p.1.
(2)OJNoL158,29.6.1977,p.1.
(3)OJNoL281,1.11.1975,p.78.(4)OJNo128,27.6.1967,p.2574/67.
(5)OJNoL168,27.7.1971,p.16.

NoL330/24 OfficialJournaloftheEuropeanCommunities 23.12.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,22December1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommission Regulationof22December1977fixingtherefundsapplicableto
cerealsandwheatorryeflourgroatsandmeal
(u.d./1OflHI)
CO"
heading Descriptionofproducts Refund
No
10.01ACommonwheatandmesiin : 0
10.01BDurumwheat 0
10.02 Rye 0
10.03 Barley:
—forexportsto:
—Switzerland ,AustriaandLiechtenstein 45Ό0
—IberianPeninsula 5000
—otherthirdcountries 0
10.04 Oats 0
10.05BMaize,otherthanhybridmaizeforsowing—
10.07CGrainsorghum—
ex11.01AWheatflour:
—ofanashcontentof0to520 8000
—ofanashcontentof521to600 8000
—ofanashcontentof601to900 70-00
—ofanashcontentof901to1100 70-00
—ofanashcontentof1101to1650 60-00
—ofanashcontentof1651to1900 60-00
ex11.01BRyeflour:
—ofanashcontentof0to700 4500
—ofanashcontentof701to1150 45-00
—ofanashcontentof1151to1600 45-00
—ofanashcontentof1601to2000 45-00
11.02A1a)Durumwheatgroatsandmeal:
—ofanashcontentof0to950 15500
—ofanashcontentof951to1300 155-00
—ofanashcontentof1301to1500 155-00
11.02AIb)Commonwheatgroatsandmeal:
—ofanashcontentof0to520 80-00
N.B.ThezonesarethosedefinedinRegulation (EEC)No1124/77(OJNoL134,28.5.1977).