1.2.74 OfficialJournaloftheEuropeanCommunities NoL28/37
REGULATION (EEC)No264/74OFTHECOMMISSION
of31January1974
fixingtheexportrefundsoncereal-basedcompoundfeedingstuffs
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuro­
peanCommunity ;
HavingregardtoCouncilRegulationNo120/67/
EEC(*)of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbythe
Regulation (EEC)No1346/73(2),andinparticular
thefirstsentenceofthefourthsubparagraph of
Article16(2)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16ofRegulationNo120/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthosepro­
ductswithintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo139/67/
(EEC)(3)of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteria
forfixingtheamountofsuchrefundsprovidesthat
whenrefundsarebeingfixedaccountmustbetaken
oftheexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofcerealsonthe
Communitymarketontheonehandandpricesfor
cerealsandcerealproductsontheother;whereas
thesameArticleprovidesthatitisalsoimportantto
ensureequilibriumandthenaturaldevelopmentof
pricesandtradeonthecerealmarkets;
Whereasitfollowsfromapplyingrulesandcriteria
tothepresentsituationonthemarketincereal­
basedcompoundfeedingstuffsthattheexportre­
fundshouldbefixedatanamountwhichwillcover
thedifferencebetweenCommunitypricesandworld
marketprices;
WhereasArticle7(1)ofCouncilRegulation (EEC)
No968/68(4)of15July1968onthesystemtobe
appliedtocereal-basedcompoundfeedingstuffs ,asamendedbyRegulation (EEC)No2196/69(5),pro­
videsthat,whenexportrefundsoncereal-basedcom­
poundfeedingstuffsarebeingfixed,onlythepro­
ductsnormallyusedinthemanufactureofcom'
poundfeedingstuffsforwhicharefundmaybefixed
shouldbetakenintoaccount;
WhereasCommission Regulation (EEC)No
1913/69(6)of29September1969onthegranting
andtheadvancefixingoftheexportrefundor
cereal-basedcompoundfeedingstuffsprovidesthat
calculationoftheexportrefundmustbebasedonthe
levyapplicabletomaize;whereasthiscalculation
mustalsotakeaccountofthecerealproductscon­
tent;whereas,therefore,intheinterestofsimplifica­
tion,compoundfeedingstuffsshouldbeplacedin
categoriesandtherefundforeachcategoryshould
befixedonthebasisofaquantityofmaizewhichis
representative oftheusualcerealproductscontent
forthecategoryconcerned;whereas,furthermore ,
theamountoftherefundmayalsotakeintoac­
countthesituationonthemarketincerealproducts
otherthanmaize;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarytherefundforcompoundfeedingstuffs
accordingtodestination ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25°/o,arateofexchange
basedontheireffectiveparity;
—forothercurrenciesanexchangeratebasedon
thearithmeticmeanofthespotmarketrates
ofeachofthesecurrenciesrecordedforagiven
period,inrelationtotheCommunitycurrencies
referredtointheprevioussubparagraph ;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
WhereasthemeasuresprovidedforinthisRegula­
tionareinaccordancewiththeOpinionofthe
ManagementCommitteeforCereals;
(*)OJNo117,19.6.1967,p.2269/67.
(*)OJNoL141,28.5.1973,p.8.
(»)OJNo125,26.6.1967,p.2453/67.
(4)OJNoL166,17.7.1968,p.2.(6)OJNoL279,6.11.1969,p.1.
(8)OJNoL246,30.9.1969,p.11.

NoL28/38 OfficialJournaloftheEuropeanCommunities 2.74
toRegulation (EEC)No968/68areherebyfixedas
shownintheAnnextothisRegulation.
Article2
ThisRegulationshallenterintoforceon1February
1974.HASADOPTEDTHISREGULATION :
Article1
Theexportrefundsonthecompoundfeedingstuffs
coveredbyRegulationNo120/67/EECandsubject
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
CCTheading
NoSpecial
specification
forrefundNomenclature insimplifiedwordingRefundin
u.a./100kg
(thirdcountries)
23.07RI
3010Preparations ofakindusedinanimalfeeding,coveredby
Regulation (EEC)No968/68,containingstarch,glucoseorglucose
syrupfallingwithinsubheadingsNos17.02Band17.05Bormilk
products(fallingwithinheadingsNos04.01,04.02,04.03and04.04
andsubheadings17.02Aand17.05A):
ofamilkpowder(*)contentoflessthan50°/obyweightandof
cerealproducts(2)contentbyweight:
—Exceeding5%butnotexceeding15°/o
4010 —Exceeding15%butnotexceeding30°/o —
5010 —Exceeding30%butnotexceeding50% —
6010 —Exceeding50%butnotexceeding65°/o
7010 —Exceeding65% —
(')Ifthepreparationofakindusedinanimalfeedingcontainsskimmed-milkpowderfallingwithinsubheadingNo04.02AIIb)oftheCommon
CustomsTariff,theamountsfixedintheAnnextoRegulation (EECNo757/71initsversionnowinforcearechargedattheimportation
(•)'Cerealproducts'meanstheproductsfallingwithinChapter10andheadingsNos11.01and11.02(excludingsubheadingNo11.02G)ofthe
CommonCustomsTariff.