\
NoL303/10 OfficialJournaloftheEuropeanCommunities1.11.73
REGULATION (EEC)No2963/73OFTHECOMMISSION
of31October1973
fixingtherefundsapplicabletocerealsandwheatorryeflour,groatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71p);
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
amountsshownintheAnnextothis-Regulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(')of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No1346/73(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle16(2)
thereof;
HavingregardtotheOpinionoftheMonetary
.Committee ;
WhereasArticle16ofRegulationNo120/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo139/
67/EEC(3)of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefundsprovidesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehandandpricesforcerealsand
cerealproductsontheworldmarketontheother;
whereasthesamearticleprovidesthatitisalsoimpor­
tanttoensureequilibriumandthenaturaldevelop­
mentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;HASADOPTEDTHISREGULATION :
Artiec1
TherefundsontheproductslistedinArticle1(a),(b)
and(c)ofRegulationNo120/67/EEC,exportedinthe
naturalstate,areherebyfixedasshownintheAnnex
tothisRegulation .WhereasArticle3ofRegulationNo139/67/EEC
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned ,in
Article4ofRegulationNo139/67/EEC;whereas,
furthermore ,whentherefundontheseproductsis
beingcalculated,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasArticle2
ThisRegulationshallenterintoforceon1November
1973.
(')OJNo117,19.6.1967,p.2269/67.
(')OJNoL141,28.5.1973,p.8.
0)OJNo125,26.6.1967,p.2453/67.(•<)OJNo128,27.6.1967,p.2574/67.
(5)OJNoL.!68,11.7.1971,p.16.

1.11.73 OfficialJournaloftheEuropeanCommunities NoL303/11
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31October1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

NoL303/12 OfficialJournaloftheEuropeanCommunities 1.11.73
ANNEX
totheCommissionRegulationof31October1973fixingtherefundsapplicabletocereals
andcertaincategoriesofwheatorryeflour,groatsandmeal
(UX.it/
CCTheading
No Descriptionofproducts Refund
10.01ACommonwheat('),andmesiin
10.01BDurumwheat—
10.02RyeC) ..0
10.03 Barley0
10.04 Oats—
10.05BMaize(otherthanhybridmaizeforsowing)-
10.07CGrainsorghum—
ex11.01AWheatflour(2):
—ofanashcontentof0to520 0
—ofanashcontentof521to600 0
—ofanashcontentof601to900 0
—ofanashcontentof901to1100 0
—ofanashcontentof1101to1650—
—ofanashcontentof1651to1900 -
CM1101liRyeflour:
—ofanashcontentof0to700 0
—ofanashcontentof701to1150 0
—of"anashcontentof1151to1600 0
—ofanashcontentof1601to2000 0
11.02AIaDurumwheatgroatsandmeal:
—ofanashcontentof0to950—
—ofanashcontentof951to1300'—
—ofanashcontentof1301to1500—
11.02A11»Commonwheatgroatsandmeal(2):
—ofanashcontentof0to520 0
(■)TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle7(J)
and(5)ofRegulationNo120/67/EEC.
(■)Therefundisgrantedsolelyinrespectofcommonwheatflour,groatsandmealmanufactured fromcommonwheatwhich
hasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegulationNo120/67/EEC.
TheamountbywhichtherefundmaybeincreasedpursuanttoArticle1ofRegulationNo587/
67/EECis2u.a./ton.