OfficialJournaloftheEuropeanCommunitiesNoL187/791.7.89
COMMISSION REGULATION (EEC)No1942/89
of30June1989
fixingtheexportrefundsonmalt
fromcerealsandricethattheexportrefundshouldbe
fixedatanamountwhichwillcoverthedifference
betweenCommunitypricesandworldmarketprices;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessaryto
varytherefundforcertainproductsaccordingtodestin­
ation;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/870,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
Whereas,pursuanttoArticle275oftheActofAccession,
refundsmaybegrantedinthecaseofexportstoPortugal;
whereas,inthelightofthesituationandthelevelof
pricesnorefundshouldbefixedintheCaseofexportsto
Portugal;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoRegulation(EEC)No2727/75ofthe
Councilof29October1975onthecommonorganization
ofthemarketincereals('),aslastamendedbyRegulation
(EEC)No1834/89(2),andinparticularthefourthsubpa­
ragraphofArticle16(2)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thoseRegulationsandpricesforthoseproductswithin
theCommunitymaybecoveredbyanexportrefund;
WhereasArticle2ofRegulation(EEC)No2746/75ofthe
Councilof29October1975layingdowngeneralrulesfor
grantingexportrefundsoncerealsandcriteriaforfixing
theamountofsuchrefunds(3)providesthatwhenrefunds
arebeingfixedaccountmustbetakenoftheexisting
situationandthefuturetrendwithregardtopricesand
availabilitiesofcerealsontheCommunitymarketonthe
onehandandpricesforcerealsandcerealproductson
theworldmarketontheother;whereasthesameArticle
providesthatitisalsoimportanttoensureequilibrium
andthenaturaldevelopmentofpricesandtradeoncereal
marketsand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexports,andtheneedto
avoiddisturbancesontheCommunitymarket;
WhereasRegulation(EEC)No2744/75oftheCouncilof
29October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation(EEC)No1906/87(s),definesthe
specificcriteriatobetakenintoaccountwhentherefund
ontheseproductsisbeingcalculated;
Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinproductsprocessedHASADOPTEDTHISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle1(d)ofRegu­
lation(EEC)No2727/75subjecttoRegulation(EEC)No
2744/75shallbeassetoutintheAnnexhereto.
TherefundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon1July1989. (')OJNoL281,1.11.1975,p.1.
(J)OJNoL180,27.6.1989,p.1.0OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
ftOJNoL182,3.7.1987,p.49.(«)OJNoL164,24.6.1985,p.1.f)OJNoL153,13.6.1987,p.1.

NoL187/80 OfficialJournaloftheEuropeanCommunities1.7.89
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicablemallMember
States.
DoneatBrussels,30June1989.
FortheCommission
RayMACSHARRY
vMemberoftheCommission
ANNEX
totheCommissionRegulationof30June1989fixingtheexportrefundsonmalt
(ECU/tonne)
Productcode Refund
11071019000 10,00
11071099000 50,00
11072000000 60,00
NB:TheproductcodesandthefootnotesaredefinedinCommission
Regulation(EEC)No3846/87asamended(OJNoL366,24.12.
1987,p.1),