CELEX: 31988R2647
Language: en
Date: 1988-08-26 00:00:00
Title: Commission Regulation (EEC) No 2647/88 of 25 August 1988 fixing the corrective amount applicable to the refund on cereals

26 . 8 . 88                                 Official Journal of the European Communities                              No L 236/59
                                            COMMISSION REGULATION (EEC) No 2647/88
                                                            of 25 August 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
  of 29 October 1975 on the common organization of the                   Whereas the world market situation or the specific requi­
  market in cereals ('), as last amended by Regulation (EEC)             rements of certain markets may make it necessary to vary
  No 2221 /88 (2),                                                       the corrective amount according to destination ;
                                                                         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
 exports to be effected during the period of validity of the                 tion (EEC) No 1676/85 Q, as last amended by Regula­
 export licence ; whereas, in this case, a corrective amount                 tion (EEC) No 1 636/87 (8),
 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 0, 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                                          Article 1
and availabilities of cereals on the Community market on
the one hand and possibilities and conditions for the sale             The corrective amount referred to in Article 16 (4) of
of cereals and cereal products on the world market on the              Regulation (EEC) No 2727/75 which is applicable to
other ; whereas the same Regulation provides that it is                export refunds fixed in advance in respect of cereals shall
also important to ensure equilibrium and the natural                   be as set out in the Annex hereto.
development of prices and trade on cereal markets and,
                                                                                                  Article - 2
(') OJ   No   L 281 , 1 . 11 . 1975, p. 1 .
0   OJ   No   L 197,  26. 7. 1988, p. 16.                              This Regulation shall enter into force on 26 August 1988.
0   OJ   No   L 281 , 1 . 11 . 1975, p. 78.
(4) 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 .
(6) OJ   No   L 131 , 22. 5. 1975, p. 15.                              (8) OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- No L 236/ 60                    Official Journal of the European Communities                        26 . 8 . 88
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 25 August 1988 .
                                                                    For the Commission
                                                                     Frans ANDRIESSEN
                                                                        Vice-President
 ---pagebreak---   26. 8. 88                                       Official Journal of the European Communities                                            No L 236/61
                                                                          ANNEX
                        to the Commission Regulation of 25 August 1988 fixing the corrective amount applicable
                                                               to the refund on cereals
                                                                                                                                              (ECU / tonne)
                                                            Current    1st period   2nd period     3rd period    4th period
        Product code
                                                                                                                                5th period     6th period
                                     Destination (')
                                                               8            9            10              11           12             1             2
      0709 90 60 000                       _
      0712 90 19 000                       —
                                                              —
                                                                                               -I                                           I
       1001 10 10 000                  ■  —
                                                              —
                                                                                                        _     -I            -I              l
      1001 10 90 000                       01                  0            0        + 40,00         + 40,00      + 40,00        - 40,00        - 40,00
      1001 90 91 000                      —
                                                              —            —
                                                                                                                              \            -I
      1001 90 99 000                       02                  0           0         + 32,00         + 32,00      + 32,00        - 30,00        - 30,00
                                           03                 0            0         + 30,00         + 30,00      + 30,00        - 30,00        - 30,00
      1002 00 00 000                      01                  0            0         - 30,00         - 30,00      - 30,00        - 30,00        - 30,00
      1003 00 10 000                      —                   —            —           —
                                                                                                                            -!I            -l
      1003 00 90 000                      01                  0            0         + 30,00         + 30,00      + 30,00        - 30,00        - 30,00
      1004 00 10 000                      —
                                                              —            —
                                                                                                                              I-II-
      1004 0090 000                       01                  0        -     1,50    -    3,00       - 30,00      - 30,00        - 30,00        - 30,00
      1005 10 90 000                      —                   —
                                                                           —
                                                                                       !                                      I-II-
      1005 90 00 000                      01                  0        - 3Q,00       - 30,00         - 30,00      - 30,00        - 30,00        - 30,00
      1007 00 90 000                      —                   —            —
                                                                                                                              I-l
      1008 20 00 000                      —
                                                              —
                                                                                                               I-I                                     i
      1101 00 00 110                      01                  0            0         + 24,00         +  24,00     +  24,00                  |-
      1101 00 00 120                      01                  0            0         + 24,00         +  24,00     +  24,00                        _
      1101 00 00 130                      01                  0            0         + 24,00         +  24,00     +  24,00                        _
      1101 00 00 150                      01                  0            0         + 24,00         +  24,00     +  24,00                        _
      1101 00 00 170                      01                  0         ,  0         + 24,00         +  24,00     +  24,00
      1101 00 00 180                      01                  0            0         + 24,00         +  24,00     +  24,00                        _
      1101 00 00 190                      —
                                                              —            —
                                                                                                                              -l
      1101 00 00 900                      —
                                                              —
                                                                                                               \              -l
      1102 10 00 100                      01                  0            0      " + 24,00          +  24,00     4- 24,00          _
      1102 10 00 200                      01                  0            0         + 24,00         +  24,00     +  24,00
      1102 10 00 300                      01                  0            0         + 24,00         +  24,00     +  24,00
      1102 10 00 500                      01                  0            0         + 24,00         +  24,00     +  24,00
      1102 10 00 900                      —                  '—            —
                                                                                                                     _        -l
      1103 11 10 100                      01                  0            0         - 50,00         -  50,00    -   50,00      -   50,00      -  50,00
      1103 11 10 200                      01                  0            0         - 50,00         -  50,00    -   50,00      -   50,00      -  50,00
      1103 11 10 500                      01                  0            0         - 50,00         -  50,00    -   50,00      -   50,00      -  50,00
      1103 11 10 900                      01                  0            0         - 50,00         -  50,00    -   50,00      -   50,00      -  50,00
      1103 11 90 100                     01                   0            0         + 24,00         4- 24,00    +   24,00
      1103 11 90 900                     —
                                                             —             —           —           ■  ■ —            —            ' —             —
(') For the following destinations :
    01 all third countries
    02 Egypt
    03 other third countries.
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 296/88 (OJ No L
       30, 2. 2. 1988).                                                                                                                            J