CELEX: 31988R2923
Language: en
Date: 1988-09-23 00:00:00
Title: Commission Regulation (EEC) No 2923/88 of 22 September 1988 fixing the corrective amount applicable to the refund on cereals

Official Journal of the European Communities                                   23 . 9 . 88
No L 263/ 16
                                       COMMISSION REGULATION (EEC) No 2923/88
                                                        of 22 September 1988
                            fixing the corrective amount applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                            furthermore, to take into account the economic aspect of
                                                                       exports and the need to avoid disturbances on the
Having regard to the Treaty establishing the European                  Community market ;
Economic Community,
                                                                       Whereas for the products listed in Article 1 (c) of Regula­
Having regard to the Act of Accession of Spain and                     tion (EEC) No 2727/75 account should be taken of the
Portugal,
                                                                       specific criteria laid down in Article 2 (2) of Regulation
                                                                       (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 2221 /88 (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              Whereas it may be altered in the period between fixings ;
export refunds on cereals and criteria for fixing the
amount of such refunds (3),                                            Whereas, if the system of corrective amounts is to operate
                                                                        normally, corrective amounts should be calculated on the
Having regard to the opinion of the Monetary Committee,                 following basis :
                                                                        — in the case of currencies which are maintained in rela­
Whereas Article 16 (4) of Regulation (EEC) No 2727/75                        tion to each other at any given moment within a band
provides that the export refund applicable to cereals on                     of 2,25 %, a rate of exchange based on their central
the day on which application for an export licence is                        rate, multiplied by the corrective factor provided for in
made, adjusted for the threshold price in force during the                   the last paragraph of Article 3 (1 ) of Council Regula­
month of exportation, must be applied on request to                          tion (EEC) No 1676/85 Q, as last amended by Regula­
exports to be effected during the period of validity of the                  tion (EEC) No 1636/87 (8),
export licence ; whereas, in this case, a corrective amount
 must be applied to the refund ;                                        — for other currencies, an exchange rate based on the
                                                                             arithmetic mean of the spot market rates of each of
Whereas Council Regulation (EEC) No 2744/75 of 29                            these currencies recorded over a given period in rela­
 October 1975 on the import and export system for                            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                       Whereas it follows from applying the provisions set out
 possible the fixing of a corrective amount for certain                 above that the corrective amount must be as set out in the
 products listed in Article 1 (c) of Regulation (EEC) No                Annex hereto ;
 2727/75 ;
                                                                        Whereas the measures provided for in this Regulation are
 Whereas Commission Regulation (EEC) No 1281 /75 (^                      in accordance with the opinion of the Management
 laid down detailed rules for the advance fixing of export               Committee for Cereals,
 refunds for cereals and certain products processed from
 cereals ;
                                                                         HAS ADOPTED THIS REGULATION :
 Whereas, pursuant to that Regulation, when the corrective
 amount is being fixed, account must be taken of the exis­                                         Article 1
 ting situation and the future trend with regard to prices
 and availabilities of cereals on the Community market on                The corrective amount referred to in Article 16 (4) of
 the one hand and possibilities and conditions for the sale              Regulation (EEC) No 2727/75 which is applicable to
 of cereals and cereal products on the world market on the               export refunds fixed in advance in respect of cereals shall
 other ; whereas the same Regulation provides that it is                 be as set out in the Annex hereto.
 also important to ensure equilibrium and the natural
 development of prices and trade on cereal markets and,                                            Article 2
 (') OJ No   L 281 , 1 . 11 . 1975, p.  1.                               This Regulation shall enter into force on 23 September
 (2) OJ No   L 197,  26. 7.   1988, p.  16.                               1988 .
 0   OJ  No  L 281 , 1 . 11 . 1975, p. 78.
 (<) OJ  No  L 281 , 1 . 11 . 1975, p.  65.
  M OJ No L 182, 3. 7. 1987, p. 49.                                       Q OJ No L 164, 24. 6. 1985, p. 1 .
  h OJ No L 131 , 22. 5. 1975, p. 15.                                     8) OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- 23. 9. 88                    Official Journal of the European Communities                        No L 263/17
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States.
          Done at Brussels, 22 September 1988 .
                                                                 For the Commission
                                                                  Frans ANDRIESSEN
                                                                     Vice-President
 ---pagebreak--- No L 263/ 18                                   Official Journal of the European Communities                                             23 . 9 . 88
                                                                    ANNEX
                    to the Commission Regulation of 22 September 1988 fixing the corrective amount
                                                      applicable to the refund on cereals
                                                                                                                                      (ECU/ tonne)
                                                         Current   1st period  2nd period       3rd period   4th period    5th period  6th period
       Product code               Destination (')
                                                            9          10            11              12          1             2             3
     0709 90 60 000
     0712 90 19 000
     1001 10 10 000                    01                   0          0              0              0
     1001 10 90 000                    01                   0          0              0              0        -    5,00     - 40,00      - 40,00
     1001 90 91 000
     1001 90 99 000                    02                   0          0              0              0        -    3,00     -  30,00     -  30,00
                                       03                   0       +    3,00    +     3,00      +     3,00      0          -  30,00     -  30,00
                                       04                   0       +    4,50    +     4,50      +     4,50   - 30,00       -  30,00     -  30,00
      1002 00 00 000                   01                   0           0             0              0        - 3,00        -  30,00     -  30,00
      1003 00 10 000                   01                   0           0             0              0
      1003 00 90 000                   02                   0           0             0               0       -    3,00     - 30,00      - 30,00
                                        03                  0       +    3,00    +     3,00      +     3,00      0          - 30,00      - 30,00
      1004 00 10 000
      1004 00 90 000                    01                  0       -    1,50    -     3,00      - 30,00      - 30,00        - 30,00     - 30,00
      1005 10 90 000
      1005 90 00 000                    01                  0       - 30,00      - 30,00         - 30,00      - 30,00        - 30,00     - 30,00
      1007 00 90 000
      1008 20 00 000
      1101 00 00 110                    01                  0           0             0               0        - 7,00
      1101 00 00 120                    01                  0           0           . 0               0        - 7,00
      1101 00 00 130                    01                  0           0             0               0        - 7,00
      1101 00 00 150                    01                  0           0             0               0        - 7,00
      1101 00 00 170                    01                  0           0             0               0        - 7,00
      1101 00 00 180                    01                  0           0             0               0        - 7,00
      1101 00 00 190
      1101 00 00 900
      1102 10 00 100                    01                  0           0             0               0        - 7,00
      1102 10 00 200                    01                   0          0             0               0        - 7,00
      1102 10 00 300                    01                   0          0             0               0        - 7,00
      1102 10 00 500                    01                   0          0             0               0        - 7,00
      1102 10 00 900
      1103 11 10 100                    01                   0          0              0              0        - 50,00       -  50,00    -   50,00
      1103 11 10 200                    01                   0          0              0              0        - 50,00       -  50,00    -   50,00
      1103 11 10 500                    01                   o          0              0              0        - 50,00       -  50,00    -   50,00
      1103 11 10 900                    01                   0          0              0              0        - 50,00       -  50,00    -   50,00
      1103 11 90 100                    01                   0           0             0              0        -    7,00
      1103 11 90 900
(') For the following destinations :
    01 all third countries,
    02 other third countries,
    03 Algeria, Tunisia, Egypt and the Canary Islands,
    04 USSR.
N. B. The zones are those defined in Regulation (EEC) No 1124/77 (OJ No L 134, 28. 5. 1977), as last amended by Regulation (EEC) No 296/88 (OJ No L
       30, 2. 2. 1988).