16.10.80 OfficialJournaloftheEuropeanCommunities NoL272/9
COMMISSION REGULATION (EEC)No2637/80
of15October1980
fixingtheexportrefundoncandysugar
Whereas,inspecialcases,theamountoftherefund
maybefixedbyotherlegalinstruments ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastherefundforcandysugarmustbefixed
everytwoweeks;whereasitmaybealteredinthe
interveningperiod;
Whereasitfollowsfromapplyingtherulessetout
abovetothepresentsituationonthemarketinsugar
andinparticulartoquotationsorpricesforsugar
withintheCommunityandontheworldmarketthat
therefundshouldbeassetoutintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforSugar,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(!),aslastamendedby
Regulation(EEC)No1396/78(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
onrawsugar,undenaturedandexportedinthenatural
state,arebeingfixedaccountmustbetakenofthe
situationontheCommunityandworldmarketsin
sugarandinparticularofthepriceandcostfactorsset
outinArticle3ofthatRegulation ;whereasthesame
Articleprovidesthattheeconomicaspectofthe
proposedexportsshouldalsobetakenintoaccount;
Whereascandysugarisarawsugarasdefinedin
CommissionRegulation(EEC)No394/70of2March
1970ondetailedrulesforgrantingexportrefundson
sugar(5),asamendedbyRegulation (EEC)No
1467/77(6);
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarytherefundforsugaraccordingtodestina­
tion;HASADOPTEDTHISREGULATION :
Article1
Theexportrefundoncandysugarundenaturedandin
thenaturalstate,shallbeassetoutintheAnnex
hereto.
(1)OJNoL359,31.12.1974,p.1.
(2)OJNoL170,27.6.1978,p.1.
(>)OJNoL143,25.6.1968,p.6.Article2
ThisRegulationshallenterintoforceon16October
1980.(*)OJNoL167,26.6.1976,p.13.
(5)OJNoL50,4.3.1970,p.1.
(')OJNoL162,1.7.1977,p.6.

NoL272/10 OfficialJournaloftheEuropeanCommunities 16.10.80
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,15October1980.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof15October1980fixingtheexportrefundoncandysugar
(ECU/100kg)
CCT
heading
NoDescription Refund
17.01 Beetsugarandcanesugar,solid:
B.Rawsugar:l(a)Candysugar 0(»)
(')Applicabletorawsugarwithayieldof92%;iftheyieldisotherthan92%,therefundappli­
cableiscalculatedinaccordancewiththeprovisionsofArticle5(3)ofRegulation (EEC)No
766/68.