NoL151/10 OfficialJournaloftheEuropeanCommunities 7.6.73
REGULATION (EEC)No1497/73OFTHECOMMISSION
of6June1973
fixingtherefundsonwhitesugarandrawsugarexportedinthenaturalstate
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo1009/
67/EEC(1)of18December1967onthecommon
organizationofthemarketinsugar,aslastamended
byRegulation(EEC)No174/73(2),andinparticular
thefirstsentenceofthelastsubparagraph ofArticle
17(2)thereof;Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarytherefundforsugaraccordingtodestina­
tion;
Whereas,inspecialcases,theamountoftherefund
maybefixedbyotherlegalmeans;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;whereasthe
OpinionoftheMonetaryCommittee was
requested;
Whereastherefundmustbefixedeverytwoweeks;
whereasitmaybealteredintheinterveningperiod;
Whereasitfollowsfromapplyingtheserulestothe
presentsituationonthemarketinsugarandinparti­
culartoquotationsorpricesforsugarwithinthe
Communityandontheworldmarketthattherefund
shouldbefixedattheamountsshownintheAnnex
tothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforSugar;WhereasArticle17ofRegulationNo1009/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(1)(a)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasCouncilRegulation(EEC)No766/68(3)of
18June1968layingdowngeneralrulesforgranting
exportrefundsonsugar,aslastamendedbyRegula­
tion(EEC)No881/73(4),providesthatwhenrefunds
onwhiteandrawsugar,undenaturedandexportedin
thenaturalstate,arebeingfixedaccountmustbe
takenofthesituationontheCommunityandworld
marketsinsugarandinparticularofthepriceandcost
factorssetoutinArticle3ofthatRegulation ;whereas
thesameArticleprovidesthattheeconomicaspectof
theproposedexportsshouldalsobetakeninto
account;
Whereastherefundonrawsugarmustbefixedin
respectofthestandardquality;whereasthelatteris
definedinArticle1ofCouncilRegulation(EEC)No
431/68(5)of9April1968determiningthestandard
qualityforrawsugarandfixingtheCommunityfron­
tiercrossingpointforcalculatingcifpricesforsugar;
Whereas,furthermore ,thisrefundshouldbefixedin
accordancewithArticle5(2)ofRegulation (EEC)No
766/68;whereascandysugarisdefinedinCommis­
sionRegulation (EEC)No394/70(6)of2March1970
ondetailedrulesforgrantingexportrefundsonsugar;HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle 1(1)(a)
ofRegulationNo1009/67/EEC,undenaturedand
exportedinthenaturalstate,areherebyfixedatthe
amountsshownintheAnnex.
(')OJNo308,18.12.1967,p.I.
I1)OJNoL25,30.1.1973,p.I.
(3)OJNoL143,25.6.1968,p.6.
(4)OJNoL86,31.3.1973,p.30.Article2
(5)OJNoL89,10.4.1968,p.3.
(6)OJNoL50,4.3.1970,p.1.• ThisRegulationshallenterintoforceon7June1973.

7.6.73 OfficialJournaloftheEuropeanCommunities NoL151/11
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,6June1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof6June1973fixingtherefundsonwhitesugarand
rawsugarexportedinthenaturalstate
(u.a./lOOkg)
CCT
heading
No, Descriptionofgoods Refund
17.01 Beetsugarandcanesugar,solid:
B.Undenatured :
I.Whitesugar—
II.Rawsugar:
(a)Candysugar 1-21n
(b)Otherrawsugar—
(J)Applicabletorawsugarwithayieldof92°/o;iftheyieldisotherthan92°/o,therefundapplicableis
calculatedinaccordancewiththeprovisionsofArticle5(3)ofRegulation (EEC)No766/68.