26.5.89OfficialJournaloftheEuropeanCommunities NoL143/37
COMMISSION REGULATION (EEC)No1445/89
of25May1989
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(6),aslastamendedbyRegula­
tion(EEC)No1636/870,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient ;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
Whereas,pursuanttoArticle275oftheActofAccession,
refundsmaybegrantedinthecaseofexportstoPortugal;
whereas,inthelightofthesituationanidthelevelof
pricesnorefundshouldbefixedinthecaseofexportsto
Portugal;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoRegulation(EEC)No2727/75ofthe
Councilof29October1975onthecommonorganization
ofthemarketincereals('),aslastamendedbyRegulation
(EEC)No1213/89(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(5),definesthe
specificcriteriatobetakenintoaccountwhentherefund
ontheseproductsisbeingcalculated;
Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinproductsprocessedHASADOPTED THISREGULATION :
Article1
TheexportrefundsonmaltlistedinArticle1(d)ofRegu­
lation(EEC)No2727/75subjecttoRegulation(EEC)No
2744/75shallbeassetoutintheAnnexhereto.
TherefundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon26May1989. (')OJNoL281,1.11.1975,p.1.
(2)OJNoL128,11.5.1989,p.1.
(')OJNoL281,1.11.1975,p.78.
(4)OJNoL281,1.11.1975,p.65.
0OJNoL182,3.7.1987,p.49.(6)OJNoL164,24.6.1985,p.1.0OJNoL153,13.6.1987,p.1.

NoL143/38 OfficialJournaloftheEuropeanCommunities 26.5.89
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,25May1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof25May1989fixingtheexportrefundsonmalt
(ECU7tonne)
Productcode Refund
11071019000 40,00
11071099000 81,00
11072000000 96,00
NB:TheproductcodesandthefootnotesaredefinedinCommission
Regulation(EEC)No3846/87asamended(OJNoL366,24.12.
1987,p.1).