1.2.74 OfficialJournaloftheEuropeanCommunities NoL28/45
REGULATION (EEC)No268/74OFTHECOMMISSION
of31January1974
fixingtheexportrefundsonmolasses,syrupsandcertainothersugarproducts
exportedinthenaturalstate
othersugarsexpressedassucrose;whereasthesucrose
contentoftheproductinquestionisdeterminedin
accordancewiththeprovisionsofArticle13of
CommissionRegulation (EEC)No394/70(5)of2
March1970ondetailedrulesforgrantingexport
refundsonsugar;
WhereasArticle7ofRegulation (EEC)No766/68
providesthatthebasicamountoftherefundon
sorboseexportedinthenaturalstatemustbeequalto
thebasicamountoftherefundlessonehundredthof
theproductionrefundapplicablepursuanttoCouncil
Regulation (EEC)No765/68(6)of18June1968
layingdowngeneralrulesfortheproductionrefund
onsugarusedinthechemicalindustry,asamended
byRegulation (EEC)No2486/69(7),totheproducts
listedinAnnexItothatRegulation ;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo1009/
67/EEC(*)of18December1967onthecommon
organizationofthemarketinsugar,aslastamended
byRegulation(EEC)No1928/73(2),andinparticular
thefirstsentenceofthelastsubparagraph ofArticle
17(2)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle17ofRegulationNo1009/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(1)(c)and(d)ofthatRegulationandprices
forthoseproductswithintheCommunitymaybe
coveredbyanexportrefund;
WhereasArticle6ofCouncilRegulation (EEC)No
766/68(3)of18June1968layingdowngeneralrules
forgrantingexportrefundsonsugar,aslastamended
byRegulation (EEC)No881/73(4),definestheprice
factors,bothwithintheCommunityandontheworld
market,whichmustbetakenintoaccountwhenthe
refundsonmolassesexportedinthenaturalstateare
beingfixed;whereasthesameArticleprovidesthat
theeconomicaspectoftheproposedexportsshould
alsobetakenintoaccount;
Whereastheworldmarketsituationofthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundonmolassesaccordingtodesti­
nation;
WhereasArticle8ofRegulation (EEC)No766/68
providestheexportrefundon100kilogrammesofthe
productslistedinArticle1(1)(d)ofRegulationNo
1009/67/EECisequaltothebasicamountmultiplied
.bythesucrosecontent,including,whereappropriate ,Whereasthebasicamountoftherefundontheother
productslistedinArticle1(1)(d)ofRegulationNo
1009/67/EECexportedinthenaturalstatemustbe
equaltoonehundredthofanamountwhichtakes
account,ontheonehand,ofthedifferencebetween
theinterventionpriceforwhitesugarfortheCommu­
nityareawiththelargestsurplusforthemonthfor
whichthebasicamountisfixedandquotationsor
pricesforwhitesugarontheworldmarketand,on
theother,oftheneedtoestablishabalancebetween
theuseofCommunitybasicproductsinthemanufac­
tureofprocessedgoodsforexporttothirdcountries
andtheuseofthirdcountryproductsbroughtin
underinwardprocessingarrangements ;
Whereastheapplicationofthebasicamountmaybe
limitedtosomeoftheproductslistedinArticle1(1)
(d)ofRegulationNo1009/67/EEC;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecasecurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
(»)OJNo308,18.12.1967,p.1.
(2)OJNoL199,19.7.1973,p.7.
(3)OJNoL143,25.6.1968,p.6.
(4)OJNoL86,31.3.1973,p.30.(5)OJNoL50,4.3.1970,p.1.
(6)OJNoL143,25.6.1968,p.1.
(7)OJNoL314,15.12.1969,p.8.

NoL28/46 OfficialJournaloftheEuropeanCommunities 1.2.74
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereastherefundsreferredtoabovemustbefixed
everymonth;whereastheymaybealteredinthe
interveningperiod;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforSugar,HASADOPTEDTHISREGULATION :
Article1
TherefundtobegrantedontheproductslistedinAr­
ticle1(1)(c)and(d)ofRegulationNo1009/67/EEC,
exportedinthenaturalstate,isherebyfixedasshown
intheAnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon1February
1974.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof31January1974fixingtherefundsonmolasses,syrups
andcertainothersugarproductsexportedinthenaturalstate
(u.aJlOOkg)
CCTheading
No DescriptionofgoodsBasicamount
perpercenr.ige
pointofsucrose
contentf1)
17.02 Othersugars;sugarsyrups;artificialhoney(whether
ornotmixedwithnaturalhoney);caramel:
exD.Othersugarsandsyrups,excludingsorbose —
E.Artificialhoney(whetherornotmixedwith
naturalhoney)
exF.Caramelmadefromsugarfallingwithinheading
No17.01—
17.05 Flavouredorcolouredsugars,syrupsandmolasses,but
notincludingfruitjuicescontainingaddedsugarinany
proportion :
exC.Other,excludingflavouredorcolouredmolasses—
Refund
17.03 Molasses,whetherornotdecolourized—
(')Thebasicamountisnotapplicabletosyrupswhicharelessthan850/opure(Regulation (EEC)No394/70).
SucrosecontentisdeterminedinaccordancewithArticle13ofRegulation (EEC)No394/70.