2.8.74 OfficialJournaloftheEuropeanCommunities NoL212/7
REGULATION (EEC)No2042/74OFTHECOMMISSION
of1August1974
fixingtherefundsapplicabletocerealsandwheatorryeflourgroatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(5),asamendedbyRegulation (EEC)No
1607/71(o);
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtherulesoutlined
abovetothepresentsituationonthemarketin
cereals,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarket,thattherefunds,shouldbefixedas
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(')of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)NoI996/74(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle16(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16ofRegulationNo120/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo139/
67/EEC(-')of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds,asamendedby
Regulation (EEC)No1997/74(4),providesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilities ofcerealsontheCommunity
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 ;whereasHASADOPTED THISREGULATION :
Articlc1
TherefundsontheproductslistedinArticle 1(a),(b)
and(c)ofRegulationNo120/67/EEC,exportedinthe
naturalstate,areherebyfixedasshownintheAnnex
tothisRegulation .
Article2
ThisRegulationshallenterintoforceon2August
1974..(')OiNo1I7,19.6.1967,p.2269/67.
(■)OJNoI.209,1974,p.I.
(')OJNoI2N26.6.1967,p.24v$/67.
(>)O)No1.209,}i.r)74,p.3.HQ|NoI2N,276.1967,p.2v4/6
(■•)OJNo1.16*.277.19^!p

NoL212/8 OfficialJournaloftheEuropeanCommunities 2.8.74
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,1August1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

2.8.74 OfficialJournaloftheEuropeanCommunities NoL212/9
ANNEX
totheCommissionRegulationof1August1974fixingtherefundsapplicabletocereals
andwheatorryeflourgroatsandmeal
(*.«./»)
CCTheeding
No Descriptionofproducts Refund
10.01ACommonwheatandmesiin
10.01BDurumwheat —
10.02 Rye(»)—
10.03 Barley—
10.04 Oats—
10.05BMaize(otherthanhybridmaizeforsowing)—
1007CGrainsorghum—
exI1.01AWheatflour:
—ofanashcontentof0to520—
—ofanashcontentof521to600-
—ofanashcontentof601to900
—ofanashcontentof901to1100—
—ofanashcontentof1101to1650—
—ofanashcontentof1651to1900—
rx11.01BRyeflour:
—ofanashcontentof0to700—
—ofanashcontentof701to1150—
—ofanashcontentof1151to1600—
—ofailashcontentof1601to2000—
I1.02A1aDurumwheatgroatsandmeal:
—ofanashcontentof0to950 —
—ofanashcontentof951to1300 —
—ofanashcontentof1301to1500 —
11.02AI!>Commonwheatgroatsandmoal:
—ofanashcontentof0to520
(')Therefundisgrantedsolelyinrespectotryewinchh.isnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegu­
lationNo12<)/67/HCt'.
TheamounthvwhichtherefundmaybeincreasedpursuanttoArticle1ofRegulationNo587
67/FF.Cis2u.a./ton.