31979R2662

30 . 11 . 79 No L 304/41 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 2662/79 of 29 November 1979 fixing the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN nity market on the one hand and possibilities and COMMUNITIES, conditions for the sale of cereals and cereal products on the world market on the other ; whereas the same Having regard to the Treaty establishing the European Regulation provides that it is also important to ensure Economic Community, equilibrium and the natural development of prices and trade on cereal markets and, furthermore, to take into account the economic aspect of exports and the Having regard to Council Regulation (EEC) No need to avoid disturbances on the Community 2727/75 of 29 October 1975 on the common organi­ market ; zation of the market in cereals (J ), as last amended by Regulation (EEC) No 1 547/79 (2), and in particular the third sentence of the second subparagraph of Article Whereas for the products listed in Article 1 (c) of 16 (4) thereof, Regulation (EEC) No 2727/75 account should be taken of the specific criteria laid down in Article 2 (2) Having regard to Council Regulation (EEC) No of Regulation (EEC) No 1281 /75 ; 2746/75 of 29 October 1975 laying down general rules for granting export refunds on cereals and criteria for fixing the amount of such refunds (3), Whereas the world market situation or the specific requirements of certain markets may make it neces­ Having regard to the opinion of the Monetary sary to vary the corrective amount according to desti­ nation ; Committee,

Whereas Article 16 (4) of Regulation (EEC) No Whereas the corrective amount must be fixed at the 2727/75 provides that the export refund applicable to same time as the refund and according to the same cereals on the day on which application for an export procedure ; whereas it may be altered in the period licence is made, adjusted for the threshold price in between fixings ; force during the month of exportation, must be applied on request to exports to be effected during the period of validity of the export licence ; whereas, in Whereas it may be altered in the period between this case, a corrective amount must be applied to the fixings ; refund ;

Whereas Council Regulation (EEC) No 2744/75 of 29 Whereas, if the system of corrective amounts is to operate normally, corrective amounts should be calcu­ October 1975 on the import and export system for products processed from cereals and from rice (4), as lated on the following basis : last amended by Regulation (EEC) No 2245/78 (5), made possible the fixing of a corrective amount for — in the case of currencies which are maintained in certain products listed in Article 1 (c) of Regulation relation to each other at any given moment within (EEC) No 2727/75 ; a band of 2-25 % , a rate of exchange based on their effective parity ; Whereas Regulation (EEC) No 1281 /75 (6) laid down — for other currencies, an exchange rate based on the detailed rules for the advance fixing of export refunds arithmetic mean of the spot market rates of each for cereals and certain products processed from of these currencies recorded for a given period in cereals ; relation to the Community currencies referred to in the preceding indent ; Whereas, pursuant to that Regulation, when the correc­ tive amount is being fixed account must be taken of the existing situation and the future trend with regard Whereas it follows from applying the provisions set to prices and availabilities of cereals on the Commu­ out above that the corrective amount must be as set out in the Annex hereto ; (») OJ No L 281 , 1 . 11 . 1975, p. 1 . (2) OJ No L 188 , 26. 7. 1979, 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. (5) OJ No L 273, 29. 9 . 1978 , p. 1 . are in accordance with the opinion of the Manage­ (') OJ No L 131 , 22. 5. 1975, p. 15. ment Committee for Cereals,

No L 304/42 30 . 11 . 79 Official Journal of the European Communities

HAS ADOPTED THIS REGULATION : export refunds fixed in advance in respect of cereals shall be as set out in the Annex hereto . Article 1 Article 2 The corrective amount referred to in Article 16 (4) of This Regulation shall enter into force on 1 December Regulation (EEC) No 2727/75 which is applicable to 1979 .

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 29 November 1979 .

For the Commission

Finn GUNDELACH Vice-President

ANNEX

to the Commission Regulation of 29 November 1979 fixing the corrective amount appli­ cable to the refund on cereals

(ECU / tonne)

CCT 1st 2nd 3rd 4th 5th 6th Current heading Description period period period period period period No 12 1 2 3 4 5 6

10.01 A Common wheat, and meslin 0 0 0 ' 0 0 10.01 B Durum wheat 0 0 Ö 10.02 Rye 0 0 0 10.03 Barley 0 0 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 Ala) 0 0 0 0 0 Durum wheat groats and meal 11.02 A lb) Common wheat groats and meal 0 0 0 0 0