CELEX: 31976R0428
Language: en
Date: 1976-02-27 00:00:00
Title: Commission Regulation (EEC) No 428/76 of 26 February 1976 fixing the corrective amount applicable to the refund on cereals and malt

27. 2. 76                                  Official Journal of the European Communities                          No L 52/29
                                         COMMISSION REGULATION (EEC) No 428 /76
                                                          of 26 February 1976
                    fixing the corrective amount applicable to the refund on cereals and malt
  THE COMMISSION OF THE EUROPEAN                                        nity market on the one hand and prices for cereals
  COMMUNITIES,                                                          and cereal products on the world market on the
                                                                        other ; whereas the same Article provides that it is also
  Having regard to the Treaty establishing the European                 important to ensure equilibrium and the natural deve­
  Economic Community,                                                   lopment of prices and trade on cereal markets and,
                                                                        furthermore, to take into account the economic aspect
                                                                        of the proposed exports and the need to avoid distur­
  Having regard to Council Regulation (EEC) No                          bances on the Community market ;
  2727/75 of 29 October 1975 on the common organi­
  zation of the market in cereals ( J), as amended by
  Regulation (EEC) No 3058/75 (2), and in particular the                Whereas for the products listed in Article 1 (c) of
  third sentence of the second subparagraph of Article                  Regulation (EEC) No 2727/75 and for malt account
  16 (4) thereof,                                                       should be taken of the specific criteria laid down in
                                                                        Article 2 (2) and (3) of Regulation (EEC) No 1281 /75 ;
  Having regard to Council Regulation (EEC) No
  2746/75 of 29 October 1975 laying down general
  rules for granting export refunds on cereals and                      Whereas the world market situation or the specific
  criteria for fixing the amount of such refunds (3),                   requirements of certain markets may make it neces­
                                                                        sary to vary the corrective amount according to desti­
                                                                        nation ;
  Having regard to the opinion of the Monetary
  Committee,
                                                                        Whereas the corrective amount must be fixed at the
 Whereas Article 16 (4) of Regulation (EEC) No                          same time as the refund and according to the same
 2727/75 provides that the export refund applicable to                  procedure ;
 cereals on the day on which application for an export
 licence is made, adjusted for the threshold price in
  force during the month of exportation, must be                        Whereas it may be altered in the period between
 applied on request to exports to be effected during the                fixings ;
 period of validity of the export licence ; whereas, in
 this case, the corrective amount must be applied to
 the refund ;
                                                                       Whereas, if the system of corrective amounts is to
                                                                       operate normally, corrective amounts should be calcu­
                                                                       lated on the following basis :
 Whereas Council Regulation (EEC) No 2744/75 of 29
 October 1975 on the import and export system for                      — in the case of currencies, which are maintained in
 products processed from cereals and from rice (4),                         relation to each other, at any given moment,
 made possible the fixing of a corrective amount for                        within a band of 2-25 % , a rate of exchange based
certain products listed in Article 1 (c) and (d) of Regu­                   on their effective parity ;
 lation (EEC) No 2727/75 ;
                                                                       — for other currencies an exchange rate based on the
Whereas Regulation (EEC) No 1281 /75 (5) laid down                          arithmetic mean of the spot market rates of each
detailed rules for the advance fixing of export refunds                     of these currencies recorded for a given period, in
 for cereals and certain products processed from                            relation to the Community currencies referred to
cereals ;                                                                   in the preceding subparagraph ;
Whereas, pursuant to that Regulation, when the correc­                 Whereas it follows from applying the provisions
tive amount is being fixed account must be taken of                    referred to above that the corrective amount must be
the existing situation and the future trend with regard                fixed as shown in the table annexed to this Regula­
to prices and availabilities of cereals on the Commu­                  tion ;
(>)  OJ  No  L 281 ,  1 . 11 . 1975, p. 1 .
( 2) OJ  No  L 306,  26 . 11 . 1975, p. 3 .                            Whereas the measures provided for in this Regulation
(3)  OJ  No  L 281 ,  1 . 11 . 1975, p. 78 .
(4)  OJ  No  L 281 ,  1 . 11 . 1975, p . 65.                           are in accordance with the opinion of the Manage­
 5   OJ  No  L 131 , 22 . 5 . 1975, p . 15 .                           ment Committee for Cereals,
 ---pagebreak--- No L 52/30                               Official Journal of the European Communities                                     27. 2. 76
HAS ADOPTED THIS REGULATION :                                           hereby fixed as shown in the table annexed to this
                                                                        Regulation.
                          Article 1
                                                                                                   Article 2
The corrective amount referred to in Article 16 (4) of
Regulation (EEC) No 2727/75 which is applicable to                      This Regulation shall "enter into force on 1 March
export refunds fixed in advance in respect of cereals is                 1976.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
              Done at Brussels, 26 February 1976.
                                                                                  For the Commission
                                                                                     P. J. LARDINOIS
                                                                                Member of the Commission
                                                                 ANNEX
              to the Commission Regulation of 26 February 1976 fixing the corrective amount appli
                                               cable to the refund on cereals and malt
                                                                  Cereals
                                                                                                                        (u.a, / metric ton)
                                                                                                                                      1
       CCT                                                                 1st      2nd        3rd         4th    5th            6th
                                                             Current
      heading               Description of goods                         period    period     period      period period         period
        No                                                     3            4        5          6           7      8               9
 10.01 A          Common wheat, and mesiin                     0           0         0          0           0
 10.01 B          Durum wheat                                  0            0        0          0           0     —               —
 10.02            Rye                                          0            0        0          0          —      —               —
 10.03             Barley                                      0            0        0          0           0     —               —
 10.04            Oats                                         0            0        0          0          —      —               —
 10.05 B           Maize other than hybrid maize
                      for sowing                               —          —         —          —           —      —               —
 10.07 C           Grain sorghum                               0            0        0          0          —      —               —
 11.01 A           Common wheat flour                          0            0        0       — 600      — 800     —               —
 11.01 B           Rye flour                                    0           0        0          0           0      —              —
 1 1.02 Ala        Durum wheat groats and meal                  0           0        0          0           0      —              —
 1 1.02 A lb       Common wheat groats and
                      meal                                      0           0        0       — 600      — 800      —              —
 NB. The zones are those defined in Regulation (EEC) No 306/76 (OJ No L 38 , 13 . 2. 1976).