1.6.90 OfficialJournaloftheEuropeanCommunities NoL140/27
COMMISSION REGULATION (EEC)No1462/90
of31May1990
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice('),aslastamendedbyRegulation(EEC)
No1806/89(2),andinparticularthesecondsubparagraph
ofArticle17(4)thereof,dancewithArticle3(2)ofCouncilRegulation(EEC)No
1428/76(*),basedinrespectofeachmonthforwhichthe
exportlicenceisvalid,onthecifpricecalculatedonthe
basisofoffersforshipmentduringthemonthofexporta­
tion;
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
previousindent,andtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,HavingregardtotheopinionoftheMonetaryCommittee,
WhereasthefirstsubparagraphofArticle17(4)ofRegu­
lation(EEC)No1418/76providesthattheexportrefund
applicabletoriceandbrokenriceonthedayonwhich
applicationforanexportlicenceismade,adjustedforthe
thresholdpricewhichwillbeinforceduringthemonth
ofexportation,mustbeappliedonrequesttoexportsto
beeffectedduringtheperiodofvalidityofthelicence;
WhereasCommissionRegulationNo474/67/EEC(3),as
amendedbyRegulation(EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexportrefund
onriceandbrokenrice:
HASADOPTEDTHISREGULATION :
WhereasthatRegulationprovidesthattherefundappli­
cableonthedayonwhichapplicationforanexport
licenceismademust,whenitisfixedinadvance,be
reducedbyanamountnogreaterthanthedifference
betweenthecifforwarddeliverypriceandthecifprice,
wheretheformerexceedsthelatterbymorethanECU
0,30pertonne;whereasontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforwarddeli­
veryprice,wheretheformerexceedsthelatterbymore
thanECU0,30pertonne;Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation(EEC)No1418/76whichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceshallbeassetoutintheAnnexhereto.
Whereasthecifpriceisthatdeterminedinaccordance
withArticle16ofRegulation(EEC)No1418/76;whereas
thecifforwarddeliverypriceisthatdeterminedinaccorArticle2
ThisRegulationshallenterintoforceon1June1990.
(')OJNoL166,25.6.1976,p.1.
(2)OJNoL177,24.6.1989,p.1.
(3)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6.OOJNoL166,25.6.1976,p.30.
(<)OJNoL164,24.6.1985,p.1.
OOJNoL153,13.6.1987,p.1.

NoL140/28 OfficialJournaloftheEuropeanCommunities 1.6.90
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31May1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission

1.6.90 OfficialJournaloftheEuropeanCommunities NoL140/29
ANNEX
totheCommissionRegulationof31May1990fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(ECU/tonne)
ProductcodeCurrent
61stperiod
72ndperiod
83rdperiod
9
10062011000 — — —
10062013000 0 0 0 0
10062015000 0 0 0 0
10062017000 — — — —
10062092000 — — — _
10062094000 0 0 0 0
10062096000 0 0 0 0
10062098000 — — — —
10063021000 — — — —
10063023000 0 0 0 0
10063025000 0 0 0 0
10063027000 — — — —
10063042000 — — — —
10063044000 0 0 0 0
10063046000 0 0 0 0
10063048000 — — _ —
10063061000 — — — —
10063063100 0 0 0 0
10063063900 0 0 0 0
10063065100 0 0 0 0
10063065900 0 0 0 0
10063067100 — — — —
10063067900 — — — —
10063092000 — — — —
10063094100 0 0 0 0
10063094900 0 0 0 0
10063096100 0 0 0 0
10063096900 0 0 0 0
10063098100 — — — —
10063098900 — — — —
10064000000 — — — —