CELEX: 31987R1888
Language: en
Date: 1987-07-03 00:00:00
Title: Commission Regulation (EEC) No 1888/87 of 2 July 1987 fixing the corrective amount applicable to the refund on cereals

No L 179/24                                Official Journal of the European Communities                                   3 . 7. 87
                                       COMMISSION REGULATION (EEC) No 1888/87
                                                           of 2 July 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 fprce 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 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.
0   OJ No  L  281 , 1 . 11 .  1975, p. 78.                            This Regulation shall enter into force on 3 July 1987.
(<) 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--- 3 . 7. 87                                     Official Journal of the European Communities                                         No L 179/25
                     This Regulation shall be binding in its entirety and directly applicable in all Member
                     States.
                     Done at Brussels, 2 July 1987.
                                                                                         For the Commission
                                                                                          Frans ANDRIESSEN
                                                                                             Vice-President
                                                                     ANNEX
                     to the Commission Regulation of 2 July 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                                                              7            8          9          10          11         12          1
10.01 B I            Common wheat and meslin                           0            0          0          0           0          0          0
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            0         —          —
10.04                Oats                                             —            —          —           —           —          —          —
10.05 B              Maize other than hybrid maize for
                     sowing                                            0            0          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         —
                                                                                                                                            —  •
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         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 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).