CELEX: 31987R0299
Language: en
Date: 1987-01-31 00:00:00
Title: Commission Regulation (EEC) No 299/87 of 30 January 1987 fixing the corrective amount applicable to the refund on cereals

No L 30/26                                Official Journal of the European Communities                                  31 . 1 . 87
                                         COMMISSION REGULATION (EEC) No 299/87
                                                         of 30 January 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 1676/85 0,
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 (*), 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                    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.
(2) 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 1 February 1987.
0   OJ No  L  281 , 1 . 11 . 1975, p. 65 .
0   OJ No  L  139,  24. 5.   1986, p. 47.
(«) OJ No  L  131 , 22. 5.   1975, p. 15 .                           0 OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 31 . 1 . 87                                    Official Journal of the European Communities                                            No L 30/27
                     This Regulation shall be binding in its entirety and directly applicable in all Member
                     States .
                     Done at Brussels, 30 January 1987.
                                                                                          For the Commission
                                                                                           Frans ANDRIESSEN
                                                                                                Vice-President
                                                                     ANNEX
                     to the Commission Regulation of 30 January 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
                     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 1124/77 (OJ No L 134, 28 . 5. 1977), as last amended by Regulation (EEC) No 3817/85 (OJ No L
      368, 31 . 12. 1985).