31973R1199

9. 5 . 73 Official Journal of chte European Communities No L 122/ 17

REGULATION (EEC) No 1199/73 OF THE COMMISSION of 8 May 1973 fixing the refunds on white sugar and raw sugar exported in the natural state

THE COMMISSION OF THE EUROPEAN COMMUNITIES, 70 (6) of 2 March 1970 on detailed rules for grant­ ing export refunds on sugar; Having regard to the Treaty establishing the Euro­ pean Economic Community ; Whereas the world market situation or the specific requirements of certain markets may make it neces­ sary to vary the refund for sugar according to Having regard to Council Regulation No 1009/67/ destination ; EEC ( 1) of 18 December 1967 on the common organ­ ization of the market in sugar, as last amended by Regulation (EEC) No 174/73 (2), and in particular Whereas, in special cases, the amount of the refund the first sentence of the last subparagraph of Article may be fixed by other legal means ; 17 (2) thereof; Whereas , if the refund system is to operate normally, Having regard to the Opinion of the Monetary refunds should be calculated on the basis of an Committee ; exchange rate which is based, in the case of currencies which are floating or whose central rate differs from Whereas Article 17 of Regulation No 1009/67/EEC the official parity, on the effective rate or the provides that the difference between quotations or central rate of these currencies and, in the case of prices on the world market for the products listed in the US dollar, on the change in parity announced Article 1 ( 1 ) (a) of that Regulation and prices for on 13 February 1973 ; those products within the Community may be covered by an export refund ; Whereas the refund must be fixed every two weeks ; whereas it may be altered in the intervening period ; Whereas Council Regulation (EEC) No 766/68 (3) of 18 June 1968 laying down general rules for granting Whereas it follows from applying these rules to the export refunds on sugar, as last amended by Regu­ present situation on the market in sugar and in lation (EEC) No 881 /73 (4), provides that when re­ particular to quotations or prices for sugar within funds on white and raw sugar, undenatured and the Community and on the world market that the exported in the natural state, are being fixed account refund should be fixed at the amounts shown in the must be taken of the situation on the Community Annex to this Regulation ; and world markets in sugar and in particular of the price and cost factors set out in Article 3 of that Whereas the measures provided for in this Regula­ Regulation ; whereas the same Article provides that tion are in accordance with the Opinion of the the economic aspect of the proposed exports should Management Committee for Sugar ; also be taken into account ; Whereas the refund on raw sugar must be fixed in HAS ADOPTED THIS REGULATION : respect of the standard quality ; whereas the latter is defined in Article 1 of Council Regulation (EEC ) Article 1 No 431 /68 (5) of 9 April 1968 determining the stan­ dard quality for raw sugar and fixing the Com­ munity frontier crossing point for calculating cif The refunds on the products listed in Article 1 ( 1 ) (a) prices for sugar; of Regulation No 1009/67/EEC, undenatured and exported in the natural state, are hereby fixed at the Whereas, furthermore, this refund should be amounts shown in the Annex . fixed in accordance with Article 5 (2) of Regulation (EEC) No 766/68 ; whereas candy sugar Article 2 is defined in Commission Regulation ( EEC ) No 394/

This Regulation shall enter into force on 10 May H OJ No 308 , 18 . 12 . 1967, p . 1 . 1973 . (2) OJ No L 25 , 30. 1 . 1973, p. 1 . (s) OJ No I. 143 , 25. 6. 1968 , p . 6. (4) OJ No L 86, 31 . 3 . 1973 , p . 30. (5) OJ No I. 89, 10 . 4 . 1968, p . 3 . (6) OJ No I. 50, 4 . 3 . 1970, p . 1 .

No L 122/ 18 Official Journal of the European Communities 9 . 5 . 73

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 8 May 1973 . For the Commission

P.J. LARDINOIS

Member of the Commission

ANNEX

to the Commission Regulation of 8 May 1973 fixing the refunds on white sugar and raw sugar exported in the natural state

[u . a J 100 kg)

CCT heading Description of goods Refund No

17.01 Beet sugar and cane sugar, solid : B. Undenatured : I. White sugar II. Raw sugar : (a ) Candy sugar 3-86 (1) (b ) Other raw sugar

(*) Applicable to raw sugar with a yield of 92% ; if the yield is other than 92% , the refund applicable is calculated in accordance with the provisions of Article 5 (3) of Regulation (EEC) No 766/68 .