NoL84/26 OfficialJournaloftheEuropeanCommunities1.4.77
COMMISSION REGULATION (EEC)No671/77
of31March1977
fixingtheexportrefundsonsyrupsandcertainothersugarproductsexportedin
thenaturalstate
Whereasthebasicamountoftherefundontheother
productslistedinArticle1(1)(d)ofRegulation (EEC)
No3330/74exportedinthenaturalstatemustbe
equaltoone-hundredth ofanamountwhichtakes
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:
—inthecaseofcurrencieswhicharemaintained in
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('),aslastamendedby
Regulation (EEC)No3138/76(-),andinparticularthe
firstsentenceofthelastsubparagraph ofArticle19(2)
thereof.
HavingregardtotheopinionoftheMonetary
Committee,
WhereasArticle19ofRegulation (EEC)No3330/74
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1(I)(d)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle8ofCouncilRegulation (EEC)No
766/68of18June1968layingdowngeneralrulesfor
grantingexportrefundsonsugar('),aslastamended
byRegulation (EEC')No1489/76(4),providesthatthe
exportrefundon100kilogramsoftheproductslisted
inArticle 1(1)(d)ofRegulation (EEC)No3330/74is
equaltothebasicamountmultipliedbythesucrose
content,including,whereappropriate ,othersugars
expressedassucrose;whereasthesucrosecontentof
theproductinquestionisdeterminedinaccordance
withtheprovisionsofArticle13ofCommissionRegu­
lation(EEC)No394/70of2March1970ondetailed
rulesforgrantingexportrefundsonsugar(s),as
amendedbyRegulation (EEC)No1499/76(fa);
WhereasArticle7ofRegulation (EEC)No766/68
providesthatthebasicamountoftherefundon
sorboseexportedinthenaturalstatemustbeequalto
thebasicamountoftherefundlessone-hundredth of
theproductionrefundapplicablepursuanttoCouncil
Regulation (EEC)No765/68of18June1968laying
downgeneralrulesfortheproductionrefundonsugar
usedinthechemicalindustry(b),aslastamendedby
Regulation (EEC)No30.S8/7.5(s),totheproducts
listedinAnnexItothelastmentionedRegulation ;HASADOPTED THISREGULATION :
Articlc1
Therefundtobegrantedontheproductslistedin
Article 1(1)(d)ofRegulation (EEC)No3330/74,
exportedinthenaturalstate,isherebyfixedasshown
intheAnnextothisRegulation .
Articlc2
ThisRegulationshallenterintoforceon1April(')0|NoI.3.S9,11.12.1^74,p.1.
(-')O'lNoI.VS4,24.12.1976,p.1.
0)O'lNoI.143,2V6.1468,p.6.
HO'lNoI.167,26.6.1976,p.13.
(s)0|NoI,SO,4.*.1970,p.1.
(h)O'lNoI.167,26.6.1976,p.29.
(7)O'lNoI.14?,1S.6.1968,p.I.
(s)O'lNoI.306,26.II.197S,p.3. 1977.

1.4.77 OfficialJournaloftheEuropeanCommunitiesNoL84/27
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31March1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof31March1977fixingtheexportrefundsonsyrupsand
certainothersugarproductsexportedinthenaturalstate
(ll.J./lOCk'jJ
CCT
heading
NoDescriptionofgoodsBasicamount
perpercentage
pointofsucrose
contentC)
17.02 Othersugars;sugarsyrups;artificialhoney(whetherornot
mixedwithnaturalhoney);caramel :
exD.Othersugarsandsyrups,excludingsorbose
E.Artificialhoney(whetherornotmixedwithnatural
honey)0-1584
0-1584
exF.CaramelmadefromsugarfallingwithinheadingNo
17.01 0-1584
17.05 Flavouredorcolouredsugars,syrupsandmolasses,butnot
includingfruitjuicescontainingaddedsugarinanyproportion :
exC.Other,excludingflavouredorcolouredmolasses 0-1584
(')Thebasicamountisnotapplicabletosyrupswhicharclessthan8^%pure(Regulation (EEC)No.194/70).Sucrosecontentisdeter­
minedinaccordancewithArticle\hofRegulation (EEC)NoW/'70.