31973R1937

19 . 7 . 73 Official Journal of the European Communities No L 199/ 19

REGULATION ( EEC) No 1937 /73 OF THE COMMISSION of 18 July 1973 fixing the refunds on white sugar and raw sugar exported in the natural state

THE COMMISSION OF THE EUROPEAN sion Regulation (EEC) No 394/70 (6) of 2 March 1970 COMMUNITIES, on detailed rules for granting export refunds on sugar ;

Whereas the world market situation or the specific Having regard to the Treaty establishing the European requirements of certain markets may make it neces­ Economic Community ; sary to vary the refund for sugar according to destina­ tion ; Having regard to Council Regulation No 1009/ Whereas, in special cases, the amount of the refund 67/EEC (!) of 18 December 1967 on the common may be fixed by other legal means ; organization of the market in sugar, as last amended by Regulation (EEC) No 1014/73 (2), and in particular Whereas, if the refund system is to operate normally, the first sentence of the last subparagraph of Article refunds should be calculated on the following basis : 1 7 (2) thereof ; — in the case of currencies which are maintained in relation to each other, at any given moment, Having regard to the Opinion of the Monetary Committee ; within a band of 2-25 % , a rate of exchange based on their effective parity ;

— for other currencies an exchange rate based on the Whereas Article 17 of Regulation No 1009/67/EEC arithmetic mean of the spot market rates of each provides that the difference between quotations or of these currencies recorded for a given period, in prices on the world market for the products listed in relation to the Community currencies referred to Article 1 ( 1 ) (a) of that Regulation and prices for those in the previous subparagraph ; 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 Regula­ present situation on the market in sugar and in parti­ tion (EEC) No 881 /73 (4), provides that when refunds cular to quotations or prices for sugar within the on white and raw sugar, undenatured and exported in Community and on the world market that the refund should be fixed at the amounts shown in the Annex the natural state, are being fixed account must be taken of the situation on the Community and world to this Regulation ; markets in sugar and in particular of the price andcost Whereas the measures provided for in this Regulation factors set out in Article 3 of that Regulation ; whereas are in accordance with the Opinion of the Manage­ the same Article provides that the economic aspect of ment Committee for Sugar ; the proposed exports should also be taken into account ;

HAS ADOPTED THIS REGULATION : Whereas the refund on raw sugar must be fixed in respect of the standard quality ; whereas the latter is defined in Article 1 of Council Regulation (EEC) No Article 1 431 /68 (5 ) of 9 April 1968 determining the standard quality for raw sugar and fixing the Community fron­ The refunds on the products listed in Article 1 ( 1 ) (a) tier crossing point for calculating cif prices for sugar ; of Regulation No 1009/67/EEC, undenatured and exported in the natural state, are hereby fixed at the amounts shown in the Annex . Whereas, furthermore, this refund should be fixed in accordance with Article 5 (2) of Regulation ( EEC) No 766/ 68 ; whereas candy sugar is defined in Commis­ Article 2

(') OJ No 308 , 18 . 12 . 1967, p . 1 . This Regulation shall enter into force on 19 July (2 ) OJ No L 106 , 20 . 4 . 1973 , p . I. 1973 . (3 ) OJ No L 143 , 2.5 . 6 . 1968 , p . 6 . (4) OJ No L 86 , 31 . 3 . 1973 , p . 30 . 5 OJ No L 89 , 10 . 4. 1968 , p . 3 . (b) OJ No L 50 , 4. 3 . 1970 , p . 1 .

No L 199/20 Official Journal of the European Communities 19 . 7 . 73

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

Done at Brussels, 18 July 1973.

For the Commission

P.J. LARDINOIS Member of the Commission

ANNEX

to the Commission Regulation of 18 July 1973 fixing the refunds on white sugar and raw sugar exported in the natural state (u.a.!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 3-12 H ( b ) Other raw sugar —

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