31986R0707

7 . 3 . 86 Official Journal of the European Communities No L 65/ 1

I

(Acts whose publication is obligatory)

COMMISSION REGULATION (EEC) No 707 /86 of 6 March 1986 fixing the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN COMMUNITIES, ting situation and the future trend with regard to prices and availabilities of cereals on the Community market on Having regard to the Treaty establishing the European the one hand and possibilities and conditions for the sale Economic Community, of cereals and cereal products on the world market on the other ; whereas the same Regulation provides that it is Having regard to the Act of Accession of Spain and also important to ensure equilibrium and the natural Portugal, development of prices and trade on cereal markets and, furthermore, to take into account the economic aspect of Having regard to Council Regulation (EEC) No 2727/75 exports and the need to avoid disturbances on the of 29 October 1975 on the common organization of the Community market ; market in cereals ('), as last amended by Regulation (EEC) No 3793/85 (2), Whereas for the products listed in Article 1 (c) of Regula­ Having regard to Council Regulation (EEC) No 2746/75 tion (EEC) No 2727/75 account should be taken of the of 29 October 1975 laying down general rules for granting specific criteria laid down in Article 2 (2) of Regulation export refunds on cereals and criteria for fixing the (EEC) No 1281 /75 ; amount of such refunds (3),

Having regard to the opinion of the Monetary Committee, Whereas the world market situation or the specific requi­ rements of certain markets may make it necessary to vary Whereas Article 16 (4) of Regulation (EEC) No 2727/75 the corrective amount according to destination ; provides that the export refund applicable to cereals on the day on which application for an export licence is Whereas the corrective amount must be fixed at the same made, adjusted for the threshold price in force during the time as the refund and according to the same procedure ; month of exportation, must be applied on request to exports to be effected during the period of validity of the export licence ; whereas, in this case, a corrective amount Whereas it may be altered in the period between fixings ; must be applied to the refund ; Whereas, if the system of corrective amounts is to operate Whereas Council Regulation (EEC) No 2744/75 of 29 normally, corrective amounts should be calculated on the October 1975 on the import and export system for following basis : products processed from cereals and from rice (4), as last amended by Regulation (EEC) No 1027/84 Q, made — in the case of currencies which are maintained in rela­ possible the fixing of a corrective amount for certain tion to each other at any given moment within a band products listed in Article 1 (c) of Regulation (EEC) No of 2,25 % , a rate of exchange based on their central 2727/75 ; rate, multiplied by the corrective factor provided for in Whereas Commission Regulation (EEC) No 1281 /75 (6) the last paragraph of Article 3 ( 1 ) of Council Regula­ laid down detailed rules for the advance fixing of export tion (EEC) No 1676/85 0, refunds for cereals and certain products processed from — for other currencies, an exchange rate based on the cereals ; arithmetic mean of the spot market rates of each of these currencies recorded over a given period in rela­ Whereas, pursuant to that Regulation, when the corrective tion to the Community currencies referred to in the amount is being fixed, account must be taken of the exis­ preceding indent and the aforesaid coefficient ; Whereas it follows from applying the provisions set out (') OJ No L 281 , 1 . 11 . 1975, p. 1 . above that the corrective amount must be as set out in the (2) OJ No L 367, 31 . 12. 1985, p. 19 \3) OJ No L 281 , 1 . 11 . 1975, p. 78 . Annex hereto ; (<) OJ No L 281 , 1 . 11 . 1975, p. 65 . f5) OJ No L 107, 19. 4. 1984, p. 15. («) OJ No L 131 , 22. 5. 1975, p. 15. 0 OJ No L 164, 24. 6. 1985, p. 1 .

No L 65/2 Official Journal of the European Communities 7. 3. 86

Whereas the measures provided for in this Regulation are export refunds fixed in advance in respect of cereals shall in accordance with the opinion of the Management be as set out in the Annex hereto . Committee for Cereals,

HAS ADOPTED THIS REGULATION : Article 2 Article 1

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 7 March 1986.

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

Done at Brussels, 6 March 1986.

For the Commission Frans ANDRIESSEN Vice-President

ANNEX to the Commission Regulation of 6 March 1986 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 •3 4 5 6 7 8 9

10.01 B I Common wheat and meslin for exports to : — China 0 + 6,00 + 6,00 + 13,00 — 30,00 — 30,00 — 30,00 — other third countries 0 0 0 + 7,00 — 36,00 — 36,00 — 36,00 10.01 B II Durum wheat 0 0 0 0 0 — — 10.02 0 0 0 0 0 — — Rye 10.03 0 0 — 30,00 — — Barley — 30,00 — 30,00 10.04 Oats — — — — — — — 10.05 B Maize other than hybrid maize for \I 1Il 0 0 0 0 — — — sowing 10.07 C — — — — — — — Grain sorghum 11.01 A Common wheat flour 0 0 0 0 0 — — 11.01 B 0 0 0 0 0 — — Rye flour 0 0 0 0 0 — — 11.02 Ala) Durum wheat groats and meal 0 0 0 0 0 — — 11.02 Alb) 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).