30.9.89 OfficialJournaloftheEuropeanCommunities NoL281/31
COMMISSION REGULATION (EEC)No2934/89
of29September1989
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,
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)No1636/870,
—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;
WhereasRegulationNo474/67/EECoftheCommis­
sion(3),asamendedbyRegulation(EEC)No1397/68(4),
laysdowndetailedrulesfortheadvancefixingofthe
exportrefundonriceandbrokenrice;
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
ThisRegulationshallenterintoforceon1October1989.
(')OJNoL166,25.6.1976,p.1.
(2)OJNoL177,24.6.1989,p.1.
(3)OJNo204,24.8.1967,p.20.OOJNoL166,25.6.1976,p.30.0OJNoL164,24.6.1985,p.1.oOJNoL153,13.6.1987,p.1. 0OJNoL222,10.9.1968,p.6.

NoL281/32 OfficialJournaloftheEuropeanCommunities 30.9.89
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
/
DoneatBrussels,29September1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission

30.9.89 OfficialJournaloftheEuropeanCommunities NoL281/33
ANNEX
totheCommissionRegulationof29September1989fixingthecorrectiveamountappli­
cabletotherefundonriceandbrokenrice
(ECU/tonne)
ProductcodeCurrent
101stperiod
112ndperiod
123rdperiod
1
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 — — — —