CELEX: 31987R0372
Language: en
Date: 1987-02-06
Title: Commission Regulation (EEC) No 372/87 of 5 February 1987 fixing the corrective amount applicable to the refund on cereals

No L 35/26                               Official Journal of the European Communities                                   6 . 2. 87
                                       COMMISSION REGULATION (EEC) No 372/87
                                                        of 5 February 1987
                             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 1579/86 (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
the day on which application for an export licence is                   tion to each other at any given moment within a band
made, adjusted for the threshold price in force during the              of 2,25 % , a rate of exchange based on their central
month of exportation, must be applied on request to                     rate, multiplied by the corrective factor provided for in
exports to be effected during the period of validity of the             the last paragraph of Article 3 (1 ) of Council Regula­
export licence ; whereas, in this case, a corrective amount             tion (EEC) No 1676/85Q,
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 1588/86 0, 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 0                   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,
                                                                                              Article 2
(') OJ No  L  281 , 1 . 11 . 1975, p. 1.
0   OJ No  L  139,  24. 5.   1986, p. 29.
(3) OJ No  L  281 , 1 . 11 . 1975, p. 78.                           This Regulation shall enter into force on 6 February 1987.
(<) OJ No  L  281 , 1 . 11 . 1975, p. 65.
0   OJ No  L  139,  24. 5.   1986, p. 47.
M OJ No L 131 , 22. 5. 1975, p. 15.                                 0 OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 6. 2. 87                                      Official Journal of the European Communities                                             No L 35/27
                     This Regulation shall be binding in its entirety and directly applicable in all Member
                     States.
                     Done at Brussels, 5 February 1987.
                                                                                          For the Commission
                                                                                           Frans ANDRIESSEN
                                                                                                Vice-President
                                                                      ANNEX
                     to the Commission Regulation of 5 February 1987 fixing the corrective amount applicable
                                                            to the refund on cereals
                                                                                                                                         (ECU/ tonne)
      CCT                                                            Current    1st 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                            0            0            0          0            0      — 30,00    — 30,00
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       — 20,00     — 20,00    — 20,00
10.04                Oats                                              —            —            —           —           —         —           —
10.05 B              Maize other than hybrid maize for             \                       Il\                     \           l
                     sowing                                             0            0            0          —           —          —          —
10.07 C II           Grain sorghum, other than hybrid
                     sorghum for sowing                                —            —            —           —           —          —          —
11.01 A              Common wheat flour                                 0            0            0          0            0      — 50,00    — 50,00
11.01 B              Rye flour                                          0            0            0          0            0      — 50,00    — 50,00
11.02 A I a)         Durum wheat groats and meal                        0            0            0          0            0      — 50,00    — 50,00
11.02 A lb)          Common wheat groats and meal                       0            0            0          0            0      — 50,00    — 50,00
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 3817/85 (OJ No L
      368, 31 . 12. 1985).