1.12.76 OfficialJournaloftheEuropeanCommunities NoL332/25
COMMISSION REGULATION (EEC)No2903/76
of30November 1976
fixingtheexportrefundsonsyrupsandcertainothersugarproductsexportedin
thenaturalstate
Whereasthebasicamountoftherefundontheother
productslistedinArticle1(1)(d)ofRegulation(EEC)
No3330/74exportedinthenaturalstatemustbe
equaltoonehundredthofanamountwhichtakes
account,ontheonehand,ofthedifferencebetween
theinterventionpriceforwhitesugarfortheCommu­
nityareawiththelargestsurplusforthemonthfor
whichthebasicamountisfixedandquotationsor
pricesforwhitesugarontheworldmarketand,on
theother,oftheneedtoestablishabalancebetween
theuseofCommunitybasicproductsinthemanufac­
tureofprocessedgoodsforexporttothirdcountries
andtheuseofthirdcountryproductsbroughtin
underinwardprocessingarrangements ;
Whereastheapplicationofthebasicamountmaybe
limitedtosomeoftheproductslistedinArticle1(1)
(d)ofRegulation(EEC)No3330/74;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereastherefundsreferredtoabovemustbefixed
everymonth;whereastheymaybealteredinthe
interveningperiod;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforSugar,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(J),aslastamendedby
Regulation(EEC)No1487/76(2),andinparticularthe
firstsentenceofthelastsubparagraphofArticle19(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle19ofRegulation (EEC)No3330/74
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(1)(d)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle8ofCouncilRegulation (EEC)No
766/68of18June1968layingdowngeneralrulesfor
grantingexportrefundsonsugar(3),aslastamended
byRegulation(EEC)No1489/76(4),providesthatthe
exportrefundon100kilogrammes oftheproducts
listedinArticle1(1)(d)ofRegulation (EEC)No
3330/74isequaltothebasicamountmultipliedby
thesucrosecontent,including,whereappropriate ,
othersugarsexpressedassucrose;whereasthesucrose
contentoftheproductinquestionisdeterminedin
accordancewiththeprovisionsofArticle13of
CommissionRegulation(EEC)Ndf394/70of2March
1970ondetailedrulesforgrantingexportrefundson
sugar(5),asamendedtfyRegulation (EEC)No
1499/76(6);
WhereasArticle7ofRegulation (EEC)No766/68
providesthatthebasicamountoftherefundon
sorboseexportedinthenaturalstatemustbeequalto
thebasicamountoftherefundlessonehundredthof
theproductionrefundapplicablepursuanttoCouncil
Regulation(EEC)No765/68of18June1968laying
downgeneralrulesfortheproductionrefundonsugar
usedinthechemicalindustry(6),aslastamendedby
Regulation (EEC)No3058/75(8),totheproducts
listedinAnnexItothelastmentionedRegulation ;HASADOPTEDTHISREGULATION :
Article1
Therefundtobegrantedontheproductslistedin
Article1(1)(d)ofRegulation(EEC)No3330/74,
exportedinthenaturalstate,isherebyfixedasshown
intheAnnextothisRegulation . (•)OJNoL359,31.12.1974,p.1.
(2)OJNoL167,26.6.1976,p.9.
(3)OJNoL143,25.6.1968,p.6.
MOJNoL167,26.6.1976,p.13.Article2
(5)OJNoL50,4.3.1970,p.1.
(6)OJNoL167,26.6.1976,p.29.
(7)OJNoL143,25.6.1968,p.1.
(8)OJNoL306,26.11.1975,p.3.ThisRegulationshallenterintoforceon1December
1976.

NoL332/26 OfficialJournaloftheEuropeanCommunities 1.12.76
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30November1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof30November1976fixingtheexportrefundsonsyrups
andcertainothersugarproductsexportedinthenaturalstate
(u.aJl00kg)
CCT
heading
NoDescriptionofgoodsBasicamount
perpercentage
pointofsucrose
content(')
17.02
17.05Othersugars;sugarsyrups;artificialhoney(whetherornot
mixedwithnaturalhoney);caramel:
exD.Othersugarsandsyrups,excludingsorbose
E.Artificialhoney(whetherornotmixedwithnatural
honey)
exF.CaramelmadefromsugarfallingwithinheadingNo
17.01
Flavouredorcolouredsugars,syrupsandmolasses,butnot
includingfruitjuicescontainingaddedsugarinanyproportion :
exC.Other,excludingflavouredorcolouredmolasses0-1439
0-1439
0-1439
0-1439
(J)Thebasicamountisnotapplicabletosyrupswhicharelessthan85%pure(Regulation (EEC)No394/70).Sucrosecontentisdeter­
minedinaccordancewithArticle13ofRegulation(EEC)No394/70.