28.12.73 OfficialJournaloftheEuropeanCommunities NoL357/27
REGULATION (EEC)No3489/73OFTHECOMMISSION
of27December 1973
fixingtheexportrefundonoilseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,WhereasArticle3ofRegulationNo142/67/EEC
providesthatwhentherefundisbeingcalculated
accountmustbetakenofpricesrulingonthevarious
Communitymarketswhicharerepresentative from
thepointofviewofprocessingandexportation ;the
mostfavourablequotationsrecordedonthevarious
marketsofimportingthirdcountriesandGreece,and
costsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundis
beingfixed,accountmustalsobetakenofthelevelof
marketpriceswithintheCommunityfortheoilseeds
referredtoinArticle21ofRegulationNo136/
66/EECandthefuturetrendoftheseprices;whereas,
furthermore ,accountshouldbetakenoftheeconomic
aspectoftheproposedexportsandthesituationinthe
Communityregardingthesupplyofanddemandfor
theseseeds;HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(')of22September1966ontheestablish­
mentofacommonorganizationofthemarketinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(-1);
HavingregardtoCouncilRegulationNo162/
66/EEC(•')of27October 1966ontradeinoilsand
fatsbetweentheCommunityandGreece;
HavingregardtoCouncilRegulationNo142/
67/EEC(4)of21June1967onexportrefundson
colza,rapeandsunflowerseeds,aslastamendedby
Regulation (EEC)No2429/72('),andinparticularthe
firstsentenceofArticle2(3)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;WhereasArticle1ofCommissionRegulation (EEC)
No651/71(6)of29March1971oncertaindetailed
rulesfortheapplicationofexportrefundsonoilseeds
providesthattheamountoftherefundmustbecalcu­
latedonthebasisoftheweightofexportedseeds;
whereasthisweightmustbeadjustedtotakeaccount
ofanydifferencesbetweenthepercentagesofmois­
tureandimpuritiesfoundtoexistandthoseusedto
definethestandardqualityforwhichthetargetprice
isfixed;whereas,whenthisadjustmentisbeing
made,theweightoftheexportedseedsmustbe
increasedbytheamountofthedifferencebetweenthe
actualmoistureandimpuritiescontentandthatused
todefinethestandardqualityiftheformerislower
thanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount ;WhereasArticle28otRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportsto
thirdcountriesofoilseedsharvestedwithinthe
Community ;whereastheamountofthisrefundmay
notexceedthedifferencebetweenpriceswithinthe
Communityandpricesontheworldmarketwhere
theformerarehigherthanthelatter;whereasArticle
21ofRegulationNo136/66/EECprovidesthat,at
present,Article28ofthatRegulationappliesonlyto
colza,rapeandsunflowerseeds;
WhereasArticle8ofRegulationNo162/66/EEC
providesthatArticle28ofRegulationNo136/
66/EECandmeasurestakeninapplicationthereof
apply,subjecttotheprovisionsoftheAgreementesta­
blishinganAssociationbetweentheEuropean
EconomicCommunityandGreece,totradebetween
theCommunity andGreece;Whereasthestandardqualityreferredtoaboveis
definedinArticle2ofCouncilRegulation (EEC)No
1360/73(7)of15May1973fixingthetargetprices
andbasicinterventionpricesforoilseedsforthe
1973/74marketingyear;
WhereasArticle2otRegulationNo142/67/EEC
providesthattherefundmaybevariedaccordingto
destinationwheretheworldmarketsituationorthe
specificrequirements ofcertainmarketsmakethis
necessary ;(')0|No172 ,30 .9.1966 ,p.3025 /66.
(-)O'lNoL175 ,29 .6.1973 ,p.5.
(■'•)O'lNo197 ,29.10.1966 ,p.3393 /66 .
(■•)O'lNo125 ,26 .6.1967 ,p.2461 /67.HO'lNo L.264 ,'23 .II.1972 ,p.I.(b)0|NoL75,30 .3.1971 ,p.16.
(~)O'lNoL141 ,2X .5.1973 ,p.33.

NoL357/28 OfficialJournaloftheEuropeanCommunities 28.12.73
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforOilsandFats,
HASADOPTED THISREGULATION :
Article1Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinoil
seeds,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
marketsofthirdcountriesandGreece,thattherefund
shouldbefixedattheamountsshownintheAnnex
tothisRegulationforthoseproductsforwhichthe
marketingyearhasalreadybegun;TherefundsontheproductsreferredtoinArticle21
ofRegulationNo136/66/EEC,exportedtothirdcoun­
triesandGreece,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon1January
1974.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27December1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
Refundapplicabletooilseedsfrom1January1974
(u.a./100kg)
CCTheading
No Descriptionofgoods Refund
ex12.01
ex12.01Colzaandrapeseed,otherthanforsowing
Sunflowerseed,otherthanforsowing