2.3.90 OfficialJournaloftheEuropeanCommunities NoL55/11
COMMISSION REGULATION (EEC)No537/90
of1March1990
fixingtheexportrefundsoncerealsandonwheatorryeflour,groatsandmeal
accountmustbetakenofthequantities ofcereals
requiredfortheirmanufacture ;whereasthesequantities
werefixedinCommission Regulation No162/67/EEC(4),
asamendedbyRegulation (EEC)No1607/71(*);THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic :Community ,
HavingregardtotheActofAccession ofSpainand
Portugal,Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitnecessaryto
varytherefundforcertainproductsaccording todestina­
tion:
Whereas therefundmustbefixedonceamonth;
whereasitmaybealteredintheintervening period;HavingregardtoCouncilRegulation (EEC)No2727/75
of29October1975onthecommonorganization ofthe
marketincereals('),aslastamendedbyRegulation (EEC)
No201/90(2),andinparticularthefourthsubparagraph
ofArticle16(2),
HavingregardtotheopinionoftheMonetaryCommittee ,
WhereasArticle16ofRegulation (EEC)No2727/75
providesthatthedifference betweenquotations orprices
ontheworldmarketfortheproductslistedinArticle 1of
thatRegulation andpricesforthoseproductsinthe
Community maybecoveredbyanexportrefund;Whereas ,iftherefundsystemistooperatenormally ,
refundsshouldbecalculated onthefollowing basis:
—inthecaseofcurrencies whicharemaintained inrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%arateofexchangebasedontheircentral
rate,multiplied bythecorrectivefactorprovidedforin
thelastparagraph ofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/87Q,
—forothercurrencies ,anexchange ratebasedonthe
arithmetic meanofthespotmarketratesofeachof
thesecurrencies recordedoveragivenperiodinrela­
tiontotheCommunity currencies referredtointhe
previousindentandtheaforesaidcoefficient
Whereasitfollowsfromapplyingthedetailedrulesset
outabovetothepresentsituationonthemarketin
cereals,andinparticular toquotations orpricesforthese
productswithintheCommunity andontheworld
market,thattherefundsshouldbeassetoutinthe
Annexhereto :WhereasArticle2ofCouncilRegulation (EEC)No
2746/75of29October1975layingdowngeneralrulesfor
grantingexportrefundsoncerealsandcriteriaforfixing
theamountofsuchrefunds(3),providesthatwhen
refundsarebeingfixed,accountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilities ofcerealsontheCommunity
marketontheonehand,andpricesforcerealsandcereal
productsontheworldmarketontheother;whereasthe
sameArticleprovidesthatitisalsoimportant toensure
equilibrium andthenaturaldevelopment ofpricesand
tradeoncerealmarketsand,furthermore ,totakeinto
accounttheeconomic aspectoftheproposedexportsand
theneedtoavoiddisturbances ontheCommunity
market ;
WhereasArticle3ofRegulation (EEC)No2746/75
definesthespecificcriteriatobetakenintoaccountwhen
therefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaraswheat
andryeflour,groatsandmealareconcerned ,inArticle4
ofRegulation (EEC)No2746/75;whereasfurthermore ,
whentherefundontheseproducts isbeingcalculated ,Whereas,pursuanttoArticle275oftheActofAccession ,
refundsmaybegrantedinthecaseofexportstoPortugal ;
whereas,inthelightofthesituationandthelevelof
pricesnorefundshouldbefixedinthecaseofexportsto
Portugal ;
WhereasthemeasuresprovidedforinthisRegulation are
inaccordance withtheopinionoftheManagement
Committee forCereals,
(4)OJNo128,27.6.1967,p.2574/67.
OOJNoL168,27.7.1971,p.16.
0OJNoL164,24.6.1985,p.1.
OOJNoL153,13.6.1987,p.1.(')OJNoL281,1.11.1975,p.1.
0OJNoL22,27.1.1990,p.7.
3)OJNoL281,1.11.1975,p.78,

NoL55/12 OfficialJournaloftheEuropeanCommunities 2.3.90
HASADOPTED THISREGULATION :
Article 1
TheexportrefundsontheproductslistedinArticle1(a),
(b)and(c)ofRegulation (EEC)No2727/75,exportedin
thenaturalstate,shallbeassetoutintheAnnexhereto.TherefundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulation shallenterintoforceon2March1990.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,1March1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission

2.3.90 OfficialJournaloftheEuropeanCommunities NoL55/13
ANNEX
totheCommission Regulation of1March1990fixingtheexportrefundsoncerealsandon
wheatorryeflour,groatsandmeal
(ECU/tonne)
Productcode Destination (') Amount ofrefund
07099060000
07129019000
10011010000
10011090000
10019091000
10019099000
10020000000
10030010000
10030090000
10040010000
10040090000
10051090000
10059000000
10070090000
10082000000
11010000110
11010000120
11010000130
11010000150
11010000170
11010000180
11010000190
11010000900
11021000100
11021000200
11021000300
11021000500
11021000900
11031110100
110311 10200
11031110500
11031110900
11031190100
1103119090001
04
05
02
03
05
02
06
02
04
02
07
02
01
03
02
01
01
01
01
01
01
01
01-
01
01-
01
01
01
01
0110,00
54,00
54,00 =
10,00
60,00
60,00
10,00
70,00
0
60,00
10,00
60,00
0
0
73,00
0
90,00
90,00
83,00
80,00
78,00
74,00
90,00
90,00
9&,00
90,00
209,00
198,00
177,00
167,00
90,00

NoL55/14 2.3.90 OfficialJournaloftheEuropeanCommunities
(')Thedestinations areidentified asfollows:
01Allthirdcountries ,
02Otherthirdcountries ,
03Switzerland ,AustriaandLiechtenstein ,
04Switzerland ,Austria,Liechtenstein ,CeutaandMelilia,
05ZoneII(b),
06HungaryandPoland,
07Switzerland .
NB:ThezonesarethosedefinedinCommission Regulation (EEC)No1124/77(OJNoL134,
28.5.1977 ,p.53),aslastamendedbyRegulation (EEC)No3049/89(OJNoL292,11.10.
1989,p.10).