2.3.90 OfficialJournaloftheEuropeanCommunities NoL55/15
COMMISSION REGULATION (EEC)No538/90
of1March1990
fixingthecorrectiveamountapplicabletotherefundoncereals
ingsituationandthefuturetrendwithregardtoprices
andavailabilitiesofcerealsontheCommunitymarketon
theonehandandpossibilitiesandconditionsforthesale
ofcerealsandcerealproductsontheworldmarketonthe
other;whereasthesameRegulationprovidesthatitis
alsoimportanttoensureequilibriumandthenatural
developmentofpricesandtradeoncerealmarketsand,
furthermore,totakeintoaccounttheeconomicaspectof
exportsandtheneedtoavoiddisturbancesonthe
Communitymarket;
WhereasfortheproductslistedinArticle1(c)ofRegula­
tion(EEC)No2727/75accountshouldbetakenofthe
specificcriterialaiddowninArticle2(2)ofRegulation
(EEC)No1281/75;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No2727/75
of29October1975onthecommonorganizationofthe
marketincereals('),aslastamendedbyRegulation(EEC)
No201/90(2),
HavingregardtoCouncilRegulation(EEC)No2746/75
of29October1975layingdowngeneralrulesforgranting
exportrefundsoncerealsandcriteriaforfixingthe
amountofsuchrefunds(3),
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle16(4)ofRegulation(EEC)No2727/75
providesthattheexportrefundapplicabletocerealson
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpriceinforceduringthe
monthofexportation,mustbeappliedonrequestto
exportstobeeffectedduringtheperiodofvalidityofthe
exportlicence;whereas,inthiscase,acorrectiveamount
mustbeappliedtotherefund;
WhereasCouncilRegulation(EEC)No2744/75of29
October1975ontheimportandexportsystemfor
productsprocessedfromcerealsandfromrice(4),aslast
amendedbyRegulation (EEC)No1906/870,made
possiblethefixingofacorrectiveamountforcertain
productslistedinArticle1(c)ofRegulation(EEC)No
2727/75;Whereastheworldmarketsituationorthespecificre­
quirementsofcertainmarketsmaymakeitnecessaryto
varythecorrectiveamountaccordingtodestination ;
Whereasthecorrectiveamountmustbefixedatthesame
timeastherefundandaccordingtothesameprocedure;
whereasitmaybealteredintheperiodbetweenfixings;
Whereas,ifthesystemofcorrectiveamountsistooperate
normally,correctiveamountsshouldbecalculatedonthe
followingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85Q,aslastamendedbyRegula­
tion(EEC)No1636/87(8),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
precedingindentandtheaforesaidcoefficient;WhereasCommissionRegulation(EEC)No1281/75(®)
laiddowndetailedrulesfortheadvancefixingofexport
refundsforcerealsandcertainproductsprocessedfrom
cereals;
Whereas,pursuanttothatRegulation,whenthecorrective
amountisbeingfixed,accountmustbetakenoftheexist
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto:(')OJNoL281,1.11.1975,p.1.
(2)OJNoL22,27.1.1990,p.7.0OJNoL281,1.11.1975,p.78.
(<)OJNoL281,1.11.1975,p.65.
OOJNoL182,3.7.1987,p.49.(4OJNoL131,22.5.1975,p.15.OOJNoL164,24.6.1985,p.1.
(8)OJNoL153,13.6.1987,p.1.

NoL55/16 OfficialJournaloftheEuropeanCommunities 2.3.90
exportrefundsfixedinadvanceinrespectofcerealsshall
beassetoutintheAnnexhereto.WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
Article2HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle16(4)of
Regulation(EEC)No2727/75whichisapplicabletoThisRegulationshallenterintoforceon2March1990.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,1March1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission

2.3.90 OfficialJournaloftheEuropeanCommunities NoL55/17
ANNEX
totheCommissionRegulationof1March1990fixingthecorrectiveamountapplicableto
therefundoncereals
(ECU/tonne)
Productcode Destination(')Current
31stperiod
42ndperiod
53rdperiod
64thperiod
75thperiod
86thperiod
9
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
11031110200
11031110500
11031110900
11031190100
1103119090001
01
01
01
01
01
01
01
01
01
01
01
01
01
01
01
01
01
01
01
01
01
010
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00
-40,00
0
0
0
-30,00
-30,00
0
0
0
0
0
0
0
0
0
0
0
-50,00
-50,00
-50,00
-50,00
0-40,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-50,00
-50,00
-50,00
-50,00
-50,00-40,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-50,00
-50,00
-50,00
-50,00
-50,00-40,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-30,00
-50,00
-50,00
-50,00
-50,00
-50,00
(')Forthefollowingdestinations :
01Allthirdcountries .
NB:ThezonesarethosedefinedinCommissionRegulation(EEC)No1124/77(OJNoL134,28.5.1977,p.53),aslastamendedby
Regulation(EEC)No3049/89(OJNoL292,11.10.1989,p.10).