NoL279/8 OfficialJournaloftheEuropeanCommunities5.10.73
REGULATION (EEC)No2704/73OFTHECOMMISSION
of4October1973
fixingtherefundsapplicabletocerealsandwheatorryeflour,groatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71(5);
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedonceaweek;
whereasitmaybealteredintheinterveningperiod;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketin
cerealsandinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarketthattherefundshouldbefixedatthe
amountsshownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(')of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No1346/73(-),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle16(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16ofRegulationNo120/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo139/
67/EEC(-')of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefundsprovidesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehandandpricesforcerealsand
cerealproductsontheworldmarketontheother;
whereasthesamearticleprovidesthatitisalsoimpor­
tanttoensureequilibriumandthenaturaldevelop­
mentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasArticle3ofRegulationNo139/67/EEC
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned ,in
Article4ofRegulationNo139/67/EEC;whereas,
furthermore ,whentherefundontheseproductsis
beingcalculated,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasHASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle 1(a),(b)
and(c)ofRegulationNo120/67/EEC,exportedinthe
naturalstate,areherebyfixedasshownintheAnnex
tothisRegulation .
Article2
ThisRegulationshallenterintoforceon5October
(')0|No117 ,19.6.1967 ,p.2269 /67 .
(-)O")NoL141 ,28.5.1973 ,p.H.
(3)O|No 125,26 .6.1967 ,p.2453/67.(<)O)No 128.27\6.1967 .p.2>74/677.HOJNo i.168 ,2\7.1971 ,p.|<s.

5.10.73 OfficialJournaloftheEuropeanCommunities NoL279/9
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,4October1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

NoL279/10 OfficialJournaloftheEuropeanCommunities 5.10.73
ANNEX
totheCommissionRegulationof4October1973fixingtherefundsapplicabletocereals
andcertaincategoriesofwheatorryeflour,groatsandmeal
(u.c./t/
CCTheading
No Descriptionofproducts Refund
10.01 A
10.01 B
10.02
10.03
10.04
10.05 B
10.07 C
ex 11.01A
ex 11.01B
I1.02AIa
11.02AIhCommonwheat(l),andmeslin
Durumwheat
Rye(»)
Barley
Oats
Maize(otherthanhybridmaizeforsowing)
Grainsorghum
Wheatflour(2):
—ofanashcontentof0to520
—ofanashcontentof521to600
—ofanashcontentof601to900
—ofanashcontentof901to1100
—ofanashcontentof1101to1650
—■ofanashcontentof1651to1900
Ryeflour:
—ofanashcontent of0to700
—ofanashcontent of701to1150
—ofanashcontent of1151to1600
—ofanashcontent of1601to2000
Durumwheatgroatsandmeal:
—ofanashcontentof0to950
—ofanashcontentof951to1300
—ofanashcontentof1301to1500
Commonwheatgroatsandmeal(2):
—•ofanashcontentof0to5200
(')TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegulationNo120/67/EEC.
(•)Therefundisgrantedsolelyinrespectofcommonwheatflour,groatsandmealmanufactured fromcommonwheatwhich
hasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegulationNo120/67/EEC.
TheamountbywhichtherefundmaybeincreasedpursuanttoArticle1ofRegulationNo587/
67/EECis2u.a./ton.