31987R0116

No L 14/42 16 . 1 . 87 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 116/87 of 15 January 1987 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 Having regard to the Act of Accession of Spain and specific criteria laid down in Article 2 (2) of Regulation Portugal, (EEC) No 1281 /75 ;

Having regard to Council Regulation (EEC) No 2727/75 Whereas the world market situation or the specific requi­ of 29 October 1975 on the common organization of the rements of certain markets may make it necessary to vary market in cereals 0, as last amended by Regulation (EEC) the corrective amount according to destination ; No 1579/86 (2), 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 Whereas it may be altered in the period between fixings ; export refunds on cereals and criteria for fixing the amount of such refunds (3), Whereas, if the system of corrective amounts is to operate normally, corrective amounts should be calculated on the Having regard to the opinion of the Monetary Committee, 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 tion to each other at any given moment within a band the day on which application for an export licence is of 2,25 % , a rate of exchange based on their central made, adjusted for the threshold price in force during the rate, multiplied by the corrective factor provided for in month of exportation, must be applied on request to the last paragraph of Article 3 ( 1 ) of Council Regula­ exports to be effected during the period of validity of the tion (EEC) No 1676/85 0, export licence ; whereas, in this case, a corrective amount — for other currencies, an exchange rate based on the must be applied to the refund ; arithmetic mean of the spot market rates of each of these currencies recorded over a given period in rela­ Whereas Council Regulation (EEC) No 2744/75 of 29 tion to the Community currencies referred to in the October 1975 on the import and export system for preceding indent and the aforesaid coefficient ; products processed from cereals and from rice (4), as last amended by Regulation (EEC) No 1588/86 0, made Whereas it follows from applying the provisions set out above that the corrective amount must be as set out in the possible the fixing of a corrective amount for certain Annex hereto ; products listed in Article 1 (c) of Regulation (EEC) No 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, furthermore, to take into account the economic aspect of Article 2 (') OJ No L 281 , 1 . 11 . 1975, p. 1 . This Regulation shall enter into force on 16 January (2) OJ No L 139, 24. 5. 1986, p. 29 . 1987 . (3) OJ No L 281 , 1 . 11 . 1975, p. 78 . («) OJ No L 281 , 1 . 11 . 1975, p. 65. 0 OJ No L 139, 24. 5. 1986, p. 47. (j OJ No L 131 , 22. 5. 1975, p. 15. f) OJ No L 164, 24. 6. 1985, p. 1 .

16 . 1 . 87 Official Journal of the European Communities No L 14/43

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

Done at Brussels, 15 January 1987.

For the Commission Frans ANDRIESSEN Vice-President

ANNEX to the Commission Regulation of 15 January 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 1 2 3 4 5 6 7

10.01 B I Common wheat and meslin I I I I \

for exports to : \ \ \ l \ — China 0 + 6,00 — 4,00 — 4,00 — 4,00 — 4,00 — 30,00 — other third countries 0 0 — 10,00 — 10,00 — 10,00 — 10,00 — 30,00 10.01 B II Durum wheat 0 0 0 0 0 — — 10.02 0 0 0 0 0 — — Rye 10.03 Barley 0 0 0 0 0 — 20,00 — 20,00 10.04 Oats — — — — — — — 10.05 B Maize other than hybrid maize for l IlIIl IlI 0 0 0 — — — — sowing 10.07 C II Grain sorghum, other than hybrid IIIlIlI II\ — — — — — — — sorghum for sowing 11.01 A Common wheat flour 0 0 0 0 0 0 — 50,00 11.01 B Rye flour 0 0 0 0 0 0 — 50,00 11.02 A I a) Durum wheat groats and meal 0 0 0 0 0 0 — 50,00 11.02 A lb) Common wheat groats and meal 0 0 0 0 0 0 — 50,00

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).