31973R1537

No L 154/22 Official Journal of the European Communities 9 . 6 . 73

REGULATION (EEC) No 1537/73 OF THE COMMISSION of 8 June 1973 altering the refunds on white sugar and raw sugar exported in the natural state

THE COMMISSION OF THE EUROPEAN each of these currencies recorded for a given COMMUNITIES , period, in relation to the Community currencies referred to in the previous subparagraph ; Having regard to the Treaty establishing the Euro­ Whereas the Opinion of the Monetary Committee pean Economic Community ; was requested ; Whereas it follows from applying the rules, criteria Having regard to Council Regulation No and other provisions contained in Regulation (EEC) 1009/67/EEC (*) of 18 December 1967 on the com­ No 1497/73 to the information at present available mon organization of the market in sugar, as last to the Commission that the export refunds at pre­ amended by Regulation (EEC) No 174/73 (2), and sent in force should be altered as shown in the in particular the second sentence of the sixth sub­ Annex to this Regulation ; paragraph of Article 17 (2) thereof ;

Whereas the refunds on white sugar and raw sugar HAS ADOPTED THIS REGULATION : exported in the natural state were fixed by Regula­ Article 1 tion ( EEC) No 1497/73 ( 3 ) ; The refunds on the products listed in Article 1 ( 1 ) Whereas, if the refund system is to operate normally, ( a) of Regulation No 1009/67/EEC, undenatured refunds should be calculated on the following basis : and exported in the natural state, as fixed in the Annex to Regulation (EEC) No 1497/73 , are hereby — in the case of currencies which are maintained in altered as shown in the Annex to this Regulation . relation to each other, at any given moment, within a band of 2-25 % , a rate of exchange Article 2 based on their effective parity ; — for other currencies an exchange rate based on This Regulation shall enter into force on 9 June the arithmetic mean of the spot market rates of 1973 .

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

Done at Brussels , 8 June 1973 . For the Commission

P.J. LARDINOIS Member of the Commission

(*) OJ No 308 , 18 . 12 . 1967, p. 1 . ( 2 ) OJ No L 25 , 30. 1 . 1973 , p . 1 . (3 ) OJ No L 151 , 7 . 6 . 1973 , p . 10 .

9 . 6 . 73 Official Journal of the European Communities No L 154/23

ANNEX

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

(u.a. /lOO kg)

CCT heading No Description of goods Refund

17.01 Beet sugar and cane sugar, solid : B. Undenatured : I. White sugar —

II. Raw sugar : (a) Candy sugar 2-75 (') — (b ) Other raw sugar

(■) Applicable to raw sugar with a yield of 92 % ; if the yield is other than 92 °/o , the refund applicable is cal­ culated in accordance with the provisions of Article 5 (3) of Regulation (EEC) No 766168 .