28.1.89OfficialJournaloftheEuropeanCommunities NoL25/49
COMMISSION REGULATION (EEC)No206/89
of27January1989
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)No1636/870,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient;
Whereastherefundmustbefixedonce'amonth;
whereasitmaybealteredintheinterveningperiod;
Whereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncil ,Regulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No166/89(2),andinparticularthefourthsubparagraph
ofArticle16(2)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16ofRegulation(EEC)No2727/75
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thoseRegulationsandpricesforthoseproductswithin
theCommunitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
2746/75(3),layingdowngeneralrulesforgrantingexport
refundsoncerealsandcriteriaforfixingtheamountof
suchrefunds,providesthatwhenrefundsarebeingfixed
accountmustbetakenoftheexistingsituationandthe
futuretrendwithregardtopricesandavailabilitiesof
cerealsontheCommunitymarketontheonehandand
pricesforcerealsandcerealproductsontheworldmarket
ontheother;whereasthesameArticleprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,
furthermore,totakeintoaccounttheeconomicaspectof
theproposedexports,andtheneedtoavoiddisturbances
ontheCommunitymarket;
I
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
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
ThisRegulationshallenterintoforceon1February1989. (')OJNoL281,1.11.1975,p.1.
(2)OJNoL20,25.1.1989,p.16.0OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.0OJNoL182,3.7.1987,p.49.(«)OJNoL164,24.6.1985,p.1.
F)OJNoL153,13.6.1987,p.1.

NoL25/50 OfficialJournaloftheEuropeanCommunities 28.1.89
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27January1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof27January1989fixingtheexportrefundsonmalt
(ECU/tonne)
Productcode Refund
11071019000 65,00
11071099000 85,00
11072000000 99,00
NB:TheproductcodesandthefootnotesaredefinedinCommissionRegulation
(EEC)No3846/87asamended(OJNoL366,24.12.1987,p.1).