29.3.74 OfficialJournaloftheEuropeanCommunities NoL85/33
REGULATION (EEC)No703/74OFTHECOMMISSION
of28March1974
fixingtheexportrefundsonmolasses,syrupsandcertainothersugarproducts
exportedinthenaturalstate
othersugarsexpressedassucrose;whereasthesucrose
contentoftheproductinquestionisdeterminedin
accordancewiththeprovisionsofArticle13of
Commission Regulation (EEC)No394/70(5)of2
March1970ondetailedrulesforgrantingexport
refundsonsugar;
WhereasArticle7ofRegulation (EEC)No766/68
providesthatthebasicamountoftherefundon
sorboseexportedinthenaturalstatemustbeequalto
thebasicamountoftherefundlessonehundredthof
theproductionrefundapplicablepursuanttoCouncil
Regulation (EEC)No765/68(6)of18June1968
layingdowngeneralrulesfortheproductionrefund
onsugarusedinthechemicalindustry,asamended
byRegulation (EEC)No2486/69(7),totheproducts
listedinAnnexItothatRegulation ;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo1009/
67/EEC(')of18December1967onthecommon
organizationofthemarketinsugar,aslastamended
byRegulation (EEC)No1928/73(2),andinparticular
thefirstsentenceofthelastsubparagraph ofArticle
17(2)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle17ofRegulationNo1009/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(1)(c)and(d)ofthatRegulationandprices
forthoseproductswithintheCommunitymaybe
coveredbyanexportrefund;
WhereasArticle6ofCouncilRegulation (EEC)No
766/68(3)of18June1968layingdowngeneralrules
forgrantingexportrefundsonsugar,aslastamended
byRegulation(EEC)No881/73(4),definestheprice
factors,bothwithintheCommunityandontheworld
market,whichmustbetakenintoaccountwhenthe
refundsonmolassesexportedinthenaturalstateare
beingfixed;whereasthesameArticleprovidesthat
theeconomicaspectoftheproposedexportsshould
alsobetakenintoaccount;
Whereastheworldmarketsituationofthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundonmolassesaccordingtodesti­
nation;
WhereasArticle8ofRegulation (EEC)No766/68
providestheexportrefundon100kilogrammesofthe
productslistedinArticle1(1)(d)ofRegulationNo
1009/67/EECisequaltothebasicamountmultiplied
bythesucrosecontent,including,whereappropriate ,Whereasthebasicamountoftherefundontheother
productslistedinArticle1(1)(d)ofRegulationNo
1009/67/EECexportedinthenaturalstatemustbe
equaltoonehundredthofanamountwhichtakes
account,ontheonehand,ofthedifferencebetween
theinterventionpriceforwhitesugarfortheCommu­
nityareawiththelargestsurplusforthemonthfor
whichthebasicamountisfixedandquotationsor
pricesforwhitesugarontheworldmarketand,on
theother,oftheneedtoestablishabalancebetween
theuseofCommunitybasicproductsinthemanufac­
tureofprocessedgoodsforexporttothirdcountries
andtheuseofthirdcountryproductsbroughtin
underinwardprocessingarrangements ;
Whereastheapplicationofthebasicamountmaybe
limitedtosomeoftheproductslistedinArticle1(1)
(d)ofRegulationNo1009/67/EEC;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecasecurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
(»)OJNo308,18.12.1967,p.1.
(2)OJNoL199,19.7.1973,p.7.
(3)OJNoL143,25.6.1968,p.6.h)OJNoL86,31.3.1973,p.30.(5)OJNoL50,4.3.1970,p.1.
(6)OJNoL143,25.6.1968,p.1.
(7)OJNoL314,15.12.1969,p.8.

NoL85/34 OfficialJournaloftheEuropeanCommunities 29.3.74
HASADOPTEDTHISREGULATION :
Article1
TherefundtobegrantedontheproductslistedinAr­
ticle1(1)(c)and(d)ofRegulationNo1009/67/EEC,
exportedinthenaturalstate,isherebyfixedasshown
intheAnnextothisRegulation .—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereastherefundsreferredtoabovemustbefixed
everymonth;whereastheymaybealteredinthe
interveningperiod;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforSugar,Article2
ThisRegulationshallenterintoforceon1April
1974.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28March1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof28March1974fixingtherefundsonmolasses,syrups
andcertainothersugarproductsexportedinthenaturalstate
!u.a./lOOkg)
CCTheading
No DescriptionofgoodsBasicamount
perpercentage
pointofsucrose
contentt1)
17.02 Othersugars;sugarsyrups;artificialhoney(whether
ornotmixedwithnaturalhoney);caramel:
exD.Othersugarsandsyrups,excludingsorbose
E.Artificialhoney(whetherornotmixedwith
naturalhoney)—
exF.Caramelmadefromsugarfallingwithinheading
No17.01—
17.05 Flavouredorcolouredsugars,syrupsandmolasses,but
notincludingfruitjuicescontainingaddedsugarinany
proportion :
exC.Other,excludingflavouredorcolouredmolasses—
Refund
17.03 Molasses,whetherornotdecolourized—
(4)Thebasicamountisnotapplicabletosyrupswhicharelessthan85°/opure(Regulation (EEC)No394/70).
SucrosecontentisdeterminedinaccordancewithArticle13ofRegulation (EEC)No394/70.