24.2.77 OfficialJournaloftheEuropeanCommunities NoL52/9
COMMISSION REGULATION (EEC)No364/77
of23February1977
fixingtherefundsonwhitesugarandrawsugarexportedinthenaturalstate
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
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
areinaccordancewiththeopinicnoftheManage­
mentCommitteeforSugar,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(1),aslastamendedby
Regulation(EEC)No3138/76(2),andinparticularthe
firstsentenceofthelastsubparagraphofArticle19(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee,
WhereasArticle19ofRegulation(EEC)No3330/74
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(1)(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)No1499/76(7);HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(1)(a)
ofRegulation(EEC)No3330/74,undenaturedand
exportedinthenaturalstate,areherebyfixedatthe
amountsshownintheAnnex.
')OJNoL359,31.12.1974,p.1.
2)OJNoL354,24.12.1976,p.1.
})OJNoL143,25.6.1968,p.6.
4)OJNoL167,26.6.1976,p.13.
>)OJNoL89,10.4.1968,p.3.
*)OJNoL50,4.3.1970,p.1.
7)OJNoL167,26.6.1976,p.29.Article2
ThisRegulationshallenterintoforceon24February
1977.

NoL52/10 OfficialJournaloftheEuropeanCommunities 24.2.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,23February1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof23February1977fixingtherefundsonwhitesugarand
rawsugarexportedinthenaturalstate
(u.a./100kg)
CCT
heading
NoDescriptionofgoods Refund
17.01 Beetsugarandcanesugar,solid:
A.Whitesugar 14.00
B.Rawsugar:
(a)Candysugar 14.55(»)
(b)Otherrawsugar 12.00(»)
(')Applicabletorawsugarwithayieldof92%;iftheyieldisotherthan92%,therefundapplicableiscalculatedinaccordancewith
theprovisionsofArticle5(3)ofRegulation(EEC)No766/68.