88 OfficialJournaloftheEuropeanCommunities
26.6.67 OFFICIALJOURNALOFTHEEUROPEAN COMMUNITIES 2453/67
REGULATION No139/67/EECOFTHECOUNCIL
of21June1967
layingdowngeneralrulesforgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefunds
worldmarketshouldbetakenintoaccountwhenthe
amountoftherefundisbeingfixed;
Whereas.thesecondsubparagraph ofArticle16(4)of
RegulationNo120/67/EECprovidesfortheadvance
fixingofexportrefundsonflour,groatsandmeal;
whereas,inviewof"theexistenceofafuturemarket
ininternationaltradeintheseproducts,provision
shouldbemadefortheadvancefixingoftherefund
inrespectofexportstobeeffectedatalaterdate;
Whereasprovisionmustbemadeforvaryingthe
amountoftherefundaccordingtothedestinationof
theproducts,sincemarketsinthecountriesofdesti­
nationareatvaryingdistancesfromCommunity
marketsandspecialconditionsapplytoimportsin
certaincountriesofdestination ;
Whereastoavoiddistortionsofcompetitionbetween
individualCommunitytraders,theadministrative con­
ditionsunderwhichtheyoperatemustbeidentical
throughouttheCommunity ;
WhereastoensureCommunitytraderssufficientsta­
bilityintheamountoftherefund,theperiodfor
whichtheamountsmayremainunchangedshouldbe
fixedatoneweek,subjecttoanyalterationswhich
maybemadeintheinterveningperiodpursuantto
thesecondsentenceofthefourthsubparagraph of
Article16(2)ofRegulationNo120/67/EEC;
Whereastheredoesnotappeartobeanyjustification
forgrantingarefundoncerealsimportedfromthird
countriesandre-exportedtothirdcountries;whereas
:thereimbursement ,undercertainconditions,ofthe
levycollectedonimportationissufficienttoallow
thesecerealstobeplacedontheworldmarketagain;THECOUNCIL OFTHEEUROPEAN ECONOMIC
COMMUNITY ,
HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity ;
HavingregardtoCouncilRegulationNo120/67/
EEC1of13June1967onthecommonorganisation
ofthemarketincereals,,,andinparticularArticle16,
(5)thereof;
HavingregardtotheproposalfromtheCommission ;1
Whereasexportrefundsonproductssubjecttothe
commonorganisationofthemarketincerealsmust
befixedinaccordancewithcertaincriteriawhich
wouldmakeitpossibletocoverthedifferencebe­
tweenquotationsandpricesforthoseproducts
withintheCommunityandontheworldmarket,
whilerespectingthegeneralaimsofthecommon­
organisation ;whereastothisendthesupplysituation
andpricesforcerealswithintheCommunityandthe
pricesituationontheworldmarketforcerealsand
cerealproductsmustbetakenintoaccount;
Whereas,inviewoftheconsiderablefluctuatipnsin
quotationsforcerealsontheworldmarketovertime
andthedisparitybetweenthepricesatwhichcereals
areofferedbyvariouscountriesonthatmarket,are­
fundshouldbefixedwhich,forthepurposeofcover­
ingthedifferencebetweenworldpricesandprices
rulingwithintheCommunity ,particularlyinviewof
costsincurredinplacingtheseproductsonthemar­
ket,wouldtakethedifferencebetweenrepresentative
priceswithintheCommunityandthemostfavour­
ablequotationsontheworldmarketintoaccount;
Whereastoenableflour,groatsandmealtobeex­
ported,the.pricesandquantitiesofcerealsusedinthe
manufactureoftheseproductswithinthe..Com­
munity,thevalueofby-productsandthepossibilities
andconditionsforthesaleoftheseproductsontheHASADOPTED THISREGULATION :
Article1
ThisRegulationlaysdownrulesforfixingandgrant-.
ingexportrefundsontheproductslistedinArticle1
ofRegulationNo120/67/EEC. 1OJNo117,19.6.1967,p.2269/67.

OfficialJournaloftheEuropeanCommunities 89
Article2 (c)possibilitiesandconditionsforthesaleofthese
productsontheworldmarket.
Article5Thefollowingshallbetakenintoaccountwhenre­
fundsarebeingfixed:
(a)theexistingsituationandthefuturetrendwith
regardto:
—pricesandavailabilitiesofcerealsonthe
Communitymarket;
—pricesforcerealsandcerealproductsonthe
worldmarket;
(b)theaimsofthecommonorganisationofthemar­
ketincereals,whicharetoensureequilibrium
andthenaturaldevelopmentofpricesandtrade
onthismarket;
(c)theneedtoavoiddisturbancesontheCommunity
market;and
(d)theeconomicaspectoftheproposedexports.1.Therefundmaybeincreasedbyacompensatory
amountinrespectofstocksofcommonwheat,
durumwheat,rye,barleyandmaizeharvestedwithin
theCommunityinhandattheendofthemarketing
yearajidformingpartofthatyear'scropwhichare
exportedinthenaturalstateorintheformofprod­
uctslistedinArticle1(c)ofRegulationNo120/67/
EECbetweenthebeginningofthefollowingmarket­
ingyearanddatesstilltobedetermined .
Before15MarchofeachyeartheCouncil,actingin
accordancewiththevotingprocedurelaiddownin
Article43(2)oftheTreatyonaproposalfromthe
Commission ,shall,ifnecessary,determinethecereals
towhichtheprovisionsoftheprecedingsubpara­
graphshallapply.
2.Thecompensatory amountforeachcerealshall
beequaltothedifferencebetweenthetargetprice
validforthelastmonthofthemarketingyearand
thatvalidforthefirstmonthofthenewmarketing
year.
Thisamountshallhoweverbereducedbythe
amountofthecarry-overpaymentalreadygranted
pursuanttoArticle9(2)and,whereappropriate,
Article9(1)ofRegulationNo120/67/EEC.
3.Thecompensatory amountshallbegranted
onlyifstocksreachaminimumlevel.Article3
RefundsontheproductslistedinArticle1(a)and(b)
ofRegulationNo120/67/EECshallbefixedinac­
cordancewiththefollowingspecificcriteria:.
(a)cerealpricesrulingonthevariousrepresentative
exportmarketsoftheCommunity ;
(b)themostfavourablequotationsrecordedonthe
variousmarketsofimportingthirdcountries;and
(c)marketingcostsandthemostfavourabletrans­
portchargesfromtheCommunitymarketsre­
ferredtoin(a)toportsorotherpointsofexport
intheCommunityservingthesemarkets,aswell
ascostsincurredinplacingthegoodsonthe
worldmarket.Article6
Wheretheworldmarketsituationorthespecificre­
quirementsof.certainmarketsmakethisnecessary,
therefundfortheCommunityontheproductslisted
inArticle1(a),(b)and(c)ofRegulationNo120/67/
EECmaybevariedaccordingtodestination .Article4
Article71.FortheproductslistedinArticle1(c)ofRegu­
lationNo120/67/EEC,therefundapplicableonthe
dayonwhichtheapplicationforexportlicenceis
lodged,adjustedonthebasisofthethresholdpricein
forceduringthemonthofexportation,shallbeap­
pliedtoexportstobeeffectedduringthevalidityof
theexportlicenceiftheapplicantsorequestswhen
applyingforthelicence.
2.Refundsshallbefixedinaccordancewiththe
followingspecificcriteria:
(a)cerealpricesrulingonthevariousCommunity
markets;
(b)thequantitiesofcerealsrequiredforthemanu­
factureoftheproductsinquestionandthevalue
ofby-products ;1.Therefundshallbepaiduponproof:
—thattheproductshavebeenexportedfromthe
Community,and
—thattheproductslistedinArticle1(a)and(b)of
RegulationNo120/67/EECareofCommunity
origin,exceptwhereArticle9ofthepresentRegu­
lationapplies.
2.WhereArticle6applies,therefundshallbepaid
undertheconditionslaiddowninparagraph1ofthis
Article,provideditisprovedthattheproducthas

90 OfficialJournaloftheEuropeanCommunities
whichareimportedfromthirdcountriesandre-ex­
portedtothirdcountries,unlesstheexporterproves:
—thattheproducttobeexportedandtheproduct
previouslyimportedareoneandthesame,and
—thatthelevywascollectedonimportation .reachedthedestination .forwhichtherefundwas
fixed.
Exceptionsmaybemadetothisruleinaccordance
withtheprocedurereferredtoinparagraph3ofthis
Article,providedconditionsarelaiddownwhichof­
ferequivalentguarantees .
3.Additionalprovisionsmaybeadoptedinac­
cordancewiththeprocedurelaiddowninArticle26
ofRegulationNo120/67/EEC.Insuchcasestherefundoneachproductshallbe
equaltothelevycollectedonimportationwherethis
levyislowerthantherefundapplicableonthedayof
exportation;therefundshallbeequaltotherefund
applicableonthedayofexportationwherethelevy
collectedonimportationishigherthanthisrefund. Article8
TherefundsontheproductslistedinArticle1(a),(b)
and(c)ofRegulationNo120/67/EECshallbefixed
onceaweek.Article10
Article9ThisRegulationshallenterintoforceonthedayfol­
lowingitspublicationintheOfficialJournalofthe
EuropeanCommunities .
Noexportrefundshallbegrantedonproductslisted
inArticle1(a)and(b)ofRegulationNo120/67/EECItshallapplyfrom1July1967.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,21June1967.,
FortheCouncil
ThePresident
R.VANELSLANDE