NoL164/14 OfficialJournaloftheEuropeanCommunities 21.6.73
REGULATION (EEC)No1633/73OFTHECOMMISSION
of20June1973
fixingtherefundsonwhitesugarandrawsugarexportedinthenaturalstate
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
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;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo1009/
67/EEC(')of18December1967onthecommon
organizationofthemarketinsugar,aslastamended
byRegulation (EEC)No174/73(2),andinparticular
thefirstsentenceofthelastsubparagraph ofArticle
17(2)thereof;
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;HASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(1)(a)
ofRegulationNo1009/67/EEC,undenaturedand
exportedinthenaturalstate,areherebyfixedatthe
amountsshownintheAnnex.
Article2(!)OJNo308,18.12.1967,p.1.
(2)OJNoL25,30.1.1973,p.1.
(3)OJNoL143,25.6.1968,p.6.
(4)OJNoL86,31.3.1973,p.30.
(5)OJNoL89,10.4.1968,p.3.
(o)OJNoL50,4.3.1970,p.1.ThisRegulationshallenterintoforceon21June
1973.

NoL164/15 21.6.73 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,20June1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof20June1973fixingdierefundsonwhitesugarand
rawsugarexportedinthenaturalstate
(u.a./100kg)
CCT
heading
NoDescriptionofgoods Refund
17.01 Beetsugarandcanesugar,solid:
B.Undenatured :
I.Whitesugar
II.Rawsugar:
(a)Candysugar
(b)Otherrawsugar2·75(«)
(')Applicabletorawsugarwithayieldof92°/o;iftheyieldisotherthan92%,therefundapplicableis
calculatedinaccordancewiththeprovisionsofArticle5(3)ofRegulation (EEC)No766/68.