30.9.89 OfficialJournaloftheEuropeanCommunities NoL281/29
COMMISSION REGULATION (EEC)No2933/89
of29September1989
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)No1636/87Q,
—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)No2860/89(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(*),definesthe
specificcriteriatobetakenintoaccountwhentherefund
ontheseproductsisbeingcalculated;
Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinproductsprocessedHASADOPTEDTHISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle1(d)ofRegu­
lation(EEC)No2727/75subjecttoRegulation(EEC)No
2744/75shallbeassetoutintheAnnexhereto.
TherefundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon1October1989. 0OJNoL281,1.11.1975,p.1.
2)OJNoL274,23.9.1989,p.41.
(3)OJNoL.281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.(t)OJNoL164,24.6.1985,p.1.0OJNoL153,13.6.1987,p.1.

NoL281/30 OfficialJournaloftheEuropeanCommunities 30.9.89
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29September1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof29September1989fixingtheexportrefundsonmalt
(ECU/tonne)
Productcode Refund
11071019000 35,00
11071099000 96,50
11072000000 112,46
NB:TheproductcodesandthefootnotesaredefinedinCommission
Regulation(EEC)No3846/87asamended(OJNoL366,24.12.
1987,p.1).