CELEX: 31987R2963
Language: en
Date: 1987-10-02 00:00:00
Title: Commission Regulation (EEC) No 2963/87 of 1 October 1987 fixing the corrective amount applicable to the refund on cereals

No L 279/24                               Official Journal of the European Communities                                  2. 10 . 87
                                      COMMISSION REGULATION (EEC) No 2963/87
                                                        of 1 October 1987
                            fixing the corrective amount applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         exports and the need to avoid disturbances on the
                                                                    Community market ;
Having regard to the Treaty establishing the European
Economic Community,                                                 Whereas for the products listed in Article 1 (c) of Regula­
                                                                    tion (EEC) No 2727/75 account should be taken of the
Having regard to the Act of Accession . of Spain and                specific criteria laid down in Article 2 (2) of Regulation
Portugal,                                                           (EEC) No 1281 /75 ;
Having regard to Council Regulation (EEC) No 2727/75                Whereas the world market situation or the specific requi­
of 29 October 1975 on the common organization of the                rements of certain markets may make it necessary to vary
market in cereals ('), as last amended by Regulation (EEC)          the corrective amount according to destination ;
No 1900/87 (2),
                                                                    Whereas the corrective amount must be fixed at the same
Having regard to Council Regulation (EEC) No 2746/75                time as the refund and according to the same procedure ;
of 29 October 1975 laying down general rules for granting
export refunds on cereals and criteria for fixing the               Whereas it may be altered in the period between fixings ;
amount of such refunds (3),
                                                                    Whereas, if the system of corrective amounts is to operate
Having regard to the opinion of the Monetary Committee,             normally, corrective amounts should be calculated on the
                                                                    following basis :
Whereas Article 16 (4) of Regulation (EEC) No 2727/75               — in the case of currencies which are maintained in rela­
provides that the export refund applicable to cereals on                 tion to each other at any given moment within a band
the day on which application for an export licence is                    of 2,25 % , a rate of exchange based on their central
made, adjusted for the threshold price in force during the               rate, multiplied by the corrective factor provided for in\
month of exportation, must be applied on request to                      the last paragraph of Article 3 (1 ) of Council Regula- V
exports to be effected during the period of validity of the              tion (EEC) No 1676/85 (*), as last amended by Regula­
export licence ; whereas, in this case, a corrective amount              tion (EEC) No 1636/87 (8),
must be applied to the refund ;
                                                                    — for other currencies, an exchange rate based on the
Whereas Council Regulation (EEC) No 2744/75 of 29                        arithmetic mean of the spot market rates of each of
October 1975 on the import and export system for                         these currencies recorded over a given period in rela­
                                                                         tion to the Community currencies referred to in the
products processed from cereals and from rice (4), as last
                                                                         preceding indent and the aforesaid coefficient ;
amended by Regulation (EEC) No 1906/87 (*), made
possible the fixing of a corrective amount for certain              Whereas it follows from applying the provisions set out
products listed in Article 1 (c) of Regulation (EEC) No             above that the corrective amount must be as set out in the
2727/75 ;                                                           Annex hereto ;
Whereas Commission Regulation (EEC) No 1281 /75 (6)                 Whereas the measures provided for in this Regulation are
laid down detailed rules for the advance fixing of export           in accordance with the opinion of the Management
refunds for cereals and certain products processed from             Committee for Cereals,
cereals ;
Whereas, pursuant to that Regulation, when the corrective           HAS ADOPTED THIS REGULATION :
amount is being fixed, account must be taken of the exis­
ting situation and the future trend with regard to prices
and availabilities of cereals on the Community market on                                       Article 1
the one hand and possibilities and conditions for the sale
of cereals and cereal products on the world market on the           The corrective amount referred to in Article 16 (4) of
other ; whereas the same Regulation provides that it is             Regulation (EEC) No 2727/75 which is applicable to
also important to ensure equilibrium and the natural                export refunds fixed in advance in respect of cereals shall
                                                                    be as set out in the Annex hereto.
development of prices and trade on cereal markets and,
furthermore, to take into account the economic aspect of
                                                                                               Article 2
(') OJ No  L  281 , 1. 11 . 1975, p. 1 .
(2) OJ No  L  182,  3. 7. 1987, p. 40.                              This Regulation shall enter into force on 2 October 1987.
(3) OJ No  L  281 , 1. 11 . 1975, p. 78 .
0   OJ No  L 281 ,  1. 11 . 1975, p. 65.
0   OJ No  L  182,  3. 7. 1987, p. 49.                              0 OJ No L 164, 24. 6. 1985, p. 1 .
fa OJ No L 131 , 22. 5. 1975, p. 15.                                 8) OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- 2. 10 . 87                                    Official Journal of the European Communities                                            No L 279/25
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 1 October 1987.
                                                                                          For the Commission
                                                                                            Frans ANDRIESSEN
                                                                                                Vice-President
                                                                      ANNEX
                    to the Commission Regulation of 1 October 1987 fixing the corrective amount applicable
                                                            to the refund on cereals
                                                                                                                                          (ECU/ tonne)
      CCT                                                            Current    1st period 2nd period 3rd period 4th period 5th period 6th period
    heading                         Description
      No                                                               10           11            12          1           2         3            4
10.01 B I           Common wheat and meslin                             0            0            0          0           0          0            0
10.01 B II          Durum wheat                                         0            0            0          0            0        —    -      —
10.02               Rye                                                 0            0            0          0            0        —           —
10.03               Barley                                              0            0            0          0            0        —           —
10.04               Oats                                                0            0            0          0            0        —           —
                                                                                       \
10.05 B             Maize other than hybrid maize for
                    sowing                                              0            0            0          0            0                    ;
10.07 C II          Grain sorghum, other than hybrid
                    sorghum for sowing                                 —            _
11.01 A             Common wheat flour                                  0            0            0          0            0        —
11.01 B             Rye flour                                           0            0            0          0            0        —
11.02 A I a)        Durum wheat groats and meal                    \                                     Il
                    for exports to :
                    — Algeria                                           0            0       — 80,00      — 80,00    — 80,00     — 80,00    — 80,00
                    — other third countries                             0            0            0          0            0
11.02 A lb)         Common wheat groats and meal                        0            0            0          0            0         —          —
N. B. The zones are those defined in Regulation (EEC) No 1 124/77 (OJ No L 134, 28. 5. 1977), as last amended by Regulation (EEC) No 1548/87 (OJ No L
      144, 4. 6. 1987).