31986R0277

No L 32/26 Official Journal of the European Communities 7. 2 . 86

COMMISSION REGULATION ( EEC) No 277 /86 of 6 February 1986 fixing the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN COMMUNITIES, exports and the need to avoid disturbances on the Community market ; Having regard to the Treaty establishing the European Economic Community, Whereas for the products listed in Article 1 (c) of Regula­ tion (EEC) No 2727/75 account should be taken of the specific criteria laid down in Article 2 (2) of Regulation Having regard to Council Regulation (EEC) No 2727/75 (EEC) No 1281 /75 ; of 29 October 1975 on the common organization of the market in cereals ('), as last amended by Regulation (EEC) Whereas the world market situation or the specific requi­ No 3768/ 85 (2), rements of certain markets may make it necessary to vary the corrective amount according to destination ; Having regard to Council Regulation (EEC) No 2746/75 Whereas the corrective amount must be fixed at the same of 29 October 1975 laying down general rules for granting export refunds on cereals and criteria for fixing the time as the refund and according to the same procedure ; amount of such refunds (3), Whereas it may be altered in the period between fixings ; Having regard to the opinion of the Monetary Committee, Whereas, if the system of corrective amounts is to operate normally, corrective amounts should be calculated on the Whereas Article 16 (4) of Regulation (EEC) No 2727/75 following basis : provides that the export refund applicable to cereals on — in the case of currencies which are maintained in rela­ the day on which application for an export licence is made, adjusted for the threshold price in force during the tion to each other at any given moment within a band month of exportation, must be applied on request to of 2,25 % , a rate of exchange based on their central exports to be effected during the period of validity of the rate, multiplied by the corrective factor provided for in export licence ; whereas, in this case, a corrective amount the last paragraph of Article 3 ( 1 ) of Council Regula­ must be applied to the refund ; tion (EEC) No 1676/85 0, — for other currencies, an exchange rate based on the Whereas Council Regulation (EEC) No 2744/75 of 29 arithmetic mean of the spot market rates of each of October 1975 on the import and export system for these currencies recorded over a given period in rela­ products processed from cereals and from rice (4), as last tion to the Community currencies referred to in the amended by Regulation (EEC) No 1027/84 (5), made preceding indent and the aforesaid coefficient ; possible the fixing of a corrective amount for certain Whereas it follows from applying the provisions set out products listed in Article 1 (c) of Regulation (EEC) No above that the corrective amount must be as set out in the 2727/75 ; Annex hereto ;

Whereas Commission Regulation (EEC) No 1 28 1 /75 (6) Whereas the measures provided for in this Regulation are 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 ;

Whereas, pursuant to that Regulation, when the corrective HAS ADOPTED THIS REGULATION : amount is being fixed, account must be taken of the exis­ ting situation and the future trend with regard to prices and availabilities of cereals on the Community market on Article 1 the one hand and possibilities and conditions for the sale of cereals and cereal products on the world market on the The corrective amount referred to in Article 16 (4) of other ; whereas the same Regulation provides that it is Regulation (EEC) No 2727/75 which is applicable to also important to ensure equilibrium and the natural export refunds fixed in advance in respect of cereals shall development of prices and trade on cereal markets and, be as set out in the Annex hereto . furthermore, to take into account the economic aspect of

Article 2 (') OJ No L 281 , 1 . 11 . 1975, p. 1 . (2) OJ No L 362, 31 . 12. 1985, p. 8 . (3 OJ No L 281 , 1 . 11 . 1975 , p. 78 . This Regulation shall enter into force on 7 February 1986. (4) OJ No L 281 , 1 . 11 . 1975, p. 65. 0 OJ No L 107, 19 . 4. 1984, p . 15 . (0) OJ No L 131 , 22. 5 . 1975, p . 15. 0 OJ No L 164, 24. 6 . 1985, p. 1 .

7 . 2 . 86 Official Journal of the European Communities No L 32/27

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

Done at Brussels, 6 February 1986 . For the Commission Frans ANDRIESSEN Vice-President

ANNEX to the Commission Regulation of 6 February 1986 fixing the corrective amount applicable to the refund on cereals (ECU / tonne) CCT Current 1 st 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 for exports to : — China 0 + 6,00 + 5,00 + 4,00 + 4,00 — 30,00 — 30,00 — other third countries 0 0 — 1,00 — 2,00 — 2,00 — 36,00 — 36,00 0 0 0 0 0 — — 10.01 B II Durum wheat 0 • 0 0 0 0 — — 10.02 Rye 0 0 0 0 — 30,00 — — 10.03 Barley — — — — — — — 10.04 Oats 10.05 B Maize other than hybrid maize for 0 0 0 0 — — — sowing — — — — — — — 10.07 C Grain sorghum 0 0 — — 11.01 A Common wheat flour 0 0 0 0 0 0 0 — — 11.01 B Rye flour 0 0 0 0 0 0 — 50,00 — 50,00 1 1 .02 A I a) Durum wheat groats and meal 0 ■ 0 0 0 0 — — 11.02 A lb) Common wheat groats and meal

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 501 /85 (OJ No L 60, 28 . 2. 1985).