31973R2974

1 . 11 . 73 No L 303 /39 Official Journal of the European Communities

REGULATION (EEC) No 2974/73 OF THE COMMISSION of 31 October 1973 altering the refunds on white sugar and raw sugar exported in the natural state

THE COMMISSION OF THE EUROPEAN of these currencies recorded for a given period, in COMMUNITIES, relation to the Community currencies referred to in the previous subparagraph ; Having regard to the Treaty establishing the European Economic Community ; Whereas it follows from applying the rules, criteria and other provisions contained in Regulation ( EEC) Having regard to Council Regulation No 1009/ No 2887/73 to the information at present available to 67/EEC (') of 18 December 1967 on the common the Commission that the export refunds at present in organization of the market in sugar, as last amended force should be altered as shown in the Annex to this by Regulation (EEC) No 1 928/73 (2), and in particular Regulation , the second sentence of the sixith subparagraph of Article 17(2) thereof ;

Haying regard to the Opinion of the Monetary HAS ADOPTED THIS REGULATION : Committee ;

Whereas the refunds on white sugar and raw sugar Article 1 exported in the natural state were fixed by Regulation (EEC) No 2887/73 (3), as amended by Regulation The refunds on the products listed in Article 1 ( l)(a) (EEC) No 2938 /73 (4 ) ; of Regulation No 1009/67/EEC, undenatured and exported in the natural state, as fixed in the Annex to Whereas, if the refund system is to operate normally, the amended Regulation (EEC) No 2887/73, are refunds should be calculated on the following basis : hereby altered as shown in the Annex to this Regula­ — in the case of currencies which are maintained in tion . relation to each other, at any given moment, within a band of 2-25 % , a rate of exchange based Article 2 on their effective parity ; — for other currencies an exchange rate based on the This Regulation . shall enter into, force on 1 November arithmetic mean of the spot market rates of each 1973 .

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

Done at Brussels, 31 October 1973 . For the Commission

P.J. LARDINOIS Member of the Commission

(') OJ No 308 , 18 . 12. 1967, p. I. (-') OJ No L 199 , 19 . 7 . 1973 , p . 7 . (3 ) OJ Nò L 297, 25 . 10 . 1973 , p. 14. -(4 ) OJ No L 301 , 30 . 1.0 . 1973 , p . 18 .

No L 303/40 Official Journal of the European Communities 1 . 11 . 73

ANNEX

to the Commission Regulation of 31 October 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 —

11 . Raw sugar : ( a ) Candy sugar 1-44 (») ( b ) Other raw sugar —

(*) Applicable to raw sugar with a yield of 92 °/o ; 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 766 68 .