18.11.77 OfficialJournaloftheEuropeanCommunities NoL294/7
COMMISSION REGULATION (EEC)No2529/77
of17November 1977
fixingtherefundsonwhitesugarandrawsugarexportedinthenaturalstate
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforsugaraccordingtodestina­
tion;
Whereas,inspecialcases,theamountoftherefund
maybefixedbyotherlegalmeans;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereastherefundmustbefixedeverytwoweeks;
whereasitmaybealteredintheinterveningperiod;
Whereasitfollowsfromapplyingtheserulestothe
presentsituationonthemarketinsugarandinparti­
culartoquotationsorpricesforsugarwithinthe
Communityandontheworldmarketthattherefund
shouldbefixedattheamountsshownintheAnnex
tothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforSugar,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar('),aslastamendedby
Regulation(EEC)No1110/77(2),andinparticularthe
firstsentenceofthelastsubparagraphofArticle19(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle19ofRegulation(EEC)No3330/74
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(l)(a)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasCouncilRegulation(EEC)No766/68of18
June1968layingdowngeneralrulesforgranting
exportrefundsonsugar(3),aslastamendedbyRegula­
tion(EEC)No1489/76(4),providesthatwhenrefunds
onwhiteandrawsugar,undenaturedandexportedin
thenaturalstate,arebeingfixedaccountmustbe
takenofthesituationontheCommunityandworld
marketsinsugarandinparticularofthepriceand
costfactorssetoutinArticle3ofthatRegulation ;
whereasthesameArticleprovidesthattheeconomic
aspectoftheproposedexportsshouldalsobetaken
intoaccount;
Whereastherefundonrawsugarmustbefixedin
respectofthestandardquality;whereasthelatteris
definedinArticle1ofCouncilRegulation(EEC)No
431/68of9April1968determiningthestandard
qualityforrawsugarandfixingtheCommunityfron­
tiercrossingpointforcalculatingcifpricesfor
sugar(5);
Whereas,furthermore ,thisrefundshouldbefixedin
accordancewithArticle5(2)ofRegulation (EEC)No
766/68;whereascandysugarisdefinedinCommis­
sionRegulation(EEC)No394/70of2March1970on
detailedrulesforgrantingexportrefundsonsugar(6),
asamendedbyRegulation(EEC)No1467/77(7);HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(1)(a)
ofRegulation (EEC)No3330/74,undenaturedand
exportedinthenaturalstate,areherebyfixedatthe
amountsshownintheAnnex.
(1)OJNoL359,31.12.1974,p.1.
(2)OJNoL134,28.5.1977,p.1.
(3)OJNoL143,25.6.1968,p.6.
(«)OJNoL167,26.6.1976,p.13,Article2
ThisRegulationshallenterintoforceon18
November1977.(5)OJNoL89,10.4.1968,p.3.
(6)OJNoL50,4.3.1970,p.1.nOJNoL162,1.7.1977,p.6.

NoL294/8 OfficialJournaloftheEuropeanCommunities 18.11.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,17November1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof17November1977fixingtherefundsonwhitesugarand
rawsugarexportedinthenaturalstate
(u.a./100kg)
CCT
heading
NoDescriptionofgoods Refund
17.01 Beetsugarandcanesugar,solid:
A.Whitesugar 1900
B.Rawsugar:
(a)Candysugar 19-87(1)
(b)Otherrawsugar 14.50(')
(')Applicabletorawsugarwithayieldof92/0;iftheyieldisotherthan92/0,therefundapplicableiscalculatedinaccordancewith
theprovisionsofArticle5(3)ofRegulation(EEC)No766/68.