CELEX: 31977R2486
Language: en
Date: 1977-11-11 00:00:00
Title: Commission Regulation (EEC) No 2486/77 of 10 November 1977 fixing the corrective amount applicable to the refund on cereals

11 . 11 . 77                             Official Journal of the European Communities                        No L 287/23
                                       COMMISSION REGULATION (EEC) No 2486/77
                                                        of 10 November 1977
                            fixing the corrective amount applicable to the refund on cereals
 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 ( 1), as last amended by
 Regulation (EEC) No 1386/77 (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 account should be
  16 (4) thereof,                                                    taken of the specific criteria laid down in Article 2 (2)
                                                                     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) of Regulation                  on their effective parity ;
 (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 158 , 29 . 6.  1977, p. 1.
(3)  OJ  No   L 281 , 1 . 11 . 1975, p. 78 .                         Whereas the measures provided for in this Regulation
(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 287/24                             Official Journal of the European Communities                                11 . 11 . 77
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                      11
export refunds fixed in advance in respect of cereals is             November 1977 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 10 November 1977.
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                   Vice-President
                                                                ANNEX
                to the Commission Regulation of 10 November 1977 fixing the corrective amount appli­
                                                   cable to the refund on cereals
                                                                                                                         (u.a. / tonne)
       CCT                                                             1st     2nd         3rd         4th    5th            6th
                                                           Current
      heading               Description of goods                     period   period      period      period period        period
        No                                                   11        12        1          2           3      4               5
 10.01 A            Common wheat, and mesiin                 0         0         0         —           —      —              —
 10.01 B            Durum wheat                              0         0         0         —           —      —              —
 10.02              Rye                                      0         0         0         —           —      —              —
 10.03              Barley                                   0         0         0         —           —      —              —
 10.04              Oats                                     0         0         0         —           —      —              —
 10.05 B            Maize other than hybrid maize
                    for sowing                               —        —          —         —           —      —              —
 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     —              —
 1 1.02 A I a)      Durum wheat groats and meal              0          0        0          0           0     —              —
 1 1.02 A I b)      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).