CELEX: 31986R0224
Language: en
Date: 1986-02-01 00:00:00
Title: Commission Regulation (EEC) No 224/86 of 31 January 1986 fixing the corrective amount applicable to the refund on cereals

1 . 2. 86                                 Official Journal of the European Communities                               No L 27/51
                                        COMMISSION REGULATION (EEC) No 224/86
                                                         of 31 January 1986
                             fixing the corrective amoynt applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                          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 Treaty establishing the European                specific criteria laid down in Article 2 (2) of Regulation
Economic Community,                                                  (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 3768/85 (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 Regulation (EEC)
exports to be effected during the period of validity of the              No 1676/85 0,
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 1027/84 (*), 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 Regulation (EEC) No 1281 /75 (6) laid down                   in accordance with the opinion of the Management
detailed rules for the advance fixing of export refunds for          Committee for Cereals,
cereals and certain products processed from cereals ;
Whereas, pursuant to that Regulation, when the corrective
amount is being fixed, account must be taken of the exis­            HAS ADOPTED THIS REGULATION :
ting situation and the future trend with regard to prices
and availabilities of cereals on the Community market on
the one hand and possibilities and conditions for the sale                                     Article 1
of cereals and cereal products on the world market on the
other ; whereas the same Regulation provides that it is
                                                                     The corrective amount referred to in Article 16 (4) of
also important to ensure equilibrium and the natural                 Regulation (EEC) No 2727/75 which is applicable to
development of prices and trade on cereal markets and,               export refunds fixed in advance in respect of cereals shall
furthermore, to take into account the economic aspect of             be as set out in the Annex hereto .
exports and the need to avoid disturbances on the
Community market ;
                                                                                               Article 2
(')  OJ  No L 281 , 1 . 11 . 1975, p. 1 .
(2)  OJ  No L 362,  31 . 12. 1985, p. 8 .
0    OJ  No L 281 , 1 . 11 . 1975, p. 78 .                           This Regulation shall enter into force on 1 February 1986.
(4)  OJ  No L 281 , 1 . 11 . 1975, p. 65.
0    OJ  No L 107,  19 . 4. 1984, p. 15.
fa OJ No L 131 , 22. 5. 1975, p. 15.                                 0 OJ No L 164, 24. 6 . 1985, p. 1 .
 ---pagebreak--- No L 27/52                                 Official Journal of the European Communities                                           1 . 2. 86
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 31 January 1986.
                                                                                   For the Commission
                                                                                    Frans ANDRIESSEN
                                                                                       Vice-President
                                                               ANNEX
                  to the Commission Regulation of 31 January 1986 fixing the corrective amount applicable
                                                       to the refund on cereals
                                                                                                                               (ECU / tonne)
     CCT                                                       Current 1 st period 2nd period 3rd period 4th period 5th period 6th period
    heading                      Description
      No                                                         2           3          4          5          6          7            8
10.01 B I         Common wheat and meslin                              I                                            I
                  for exports to :                           \\\                                                    l
                  — China                                        0      +     6,00   +    6,00 +    6,00  +    6,00  +    6,00   +     6,00
                  — other third countries                        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                                           —          —           —         —          —          —             —
10.05 B           Maize other than hybrid maize for                    \                       Il                   ||
                  sowing                                         0           0           0         0         —          —             —
10.07 C           Grain sorghum                                  —          —           —         —          —          —             —
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                     0          0           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 1124/77 (OJ No L 134, 28 . 5. 1977), as last amended by Regulation
           (EEC) No 501 /85 (OJ No L 60, 28. 2. 1985).