CELEX: 31977R2729
Language: en
Date: 1977-12-09 00:00:00
Title: Commission Regulation (EEC) No 2729/77 of 8 December 1977 fixing the corrective amount applicable to the refund on cereals

9 . 12. 77                               Official Journal of the European Communities                        No L 315/23
                                     COMMISSION REGULATION (EEC) No 2729/77
                                                       of 8 December 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 ( ! ), 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
(«)  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 315/24                             Official Journal of the European Communities                                    9 . 12 . 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 9 December
export refunds fixed in advance in respect of cereals is             1977 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 8 December 1977.
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                  Vice-President
                                                               ANNEX
              to the Commission Regulation of 8 December 1977 fixing the corrective amount appli­
                                                  cable to the refund on cereals
                                                                                                                           (u.a. / tonne)
        CCT                                                           1st     2nd        3rd         4th    5th f -           6th
                                                          Current
      heading             Description of goods                      period   period     period      period period            period
         No                                                 12         1        2         3           4      5    '. ·«         6
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 Alb)      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).