CELEX: 31987R3484
Language: en
Date: 1987-11-20 00:00:00
Title: Commission Regulation (EEC) No 3484/87 of 19 November 1987 fixing the corrective amount applicable to the refund on cereals

No L 329/ 50                               Official Journal of the European Communities                                 20. 11 . 87
                                      COMMISSION REGULATION (EEC) No 3484/87
                                                       of 19 November 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             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
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 f7), 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 (*), 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 1 28 1 /75 C5)                  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
 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,
 furthermore, to take into account the economic aspect of                                        Article 2
 (') OJ No   L 281 , 1. 11 . 1975, p. 1 .                               This Regulation shall enter into force on 20 November
 0   OJ No   L 182,  3. 7 . 1987, p. 40 .                               1987 .
 (3) 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 .
 M OJ No L 131 , 22. 5. 1975, p. 15.                                    (8 OJ No L 153, 13 . 6. 1987, p. 1 .
 ---pagebreak--- 20 . 11 . 87                                 Official Journal of the European Communities                                             No L 329/51
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 19 November 1987.
                                                                                            For the Commission
                                                                                             Frans ANDRIESSEN
                                                                                                 Vice-President
                                                                       ANNEX
                     to the Commission Regulation of 19 November 1987 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                                                              11            12            1          2           3          4           S
 10.01 B I           Common wheat and meslin                            0              0            0          0           0       -   6,00    -   6,00
 10.01 B II          Durum wheat                                        0              0            0          0       - 20,00     - 20,00     - 20,00
 10.02               Rye                                                0              0            0          0           0         —           —
 10.03               Barley                                             0              0            0          0           0       -   6,00    -   6,00
 10.04               Oats                                               —             —            —           —           —         —           —
 10.05 B             Maize other than hybrid maize for
                     sowing                                              0             0            0          0       - 20,00     - 20,00     - 20,00
 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                         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).