29.6.74 OfficialJournaloftheEuropeanCommunities NoL175/29
REGULATION (EEC)No1655/74OFTHECOMMISSION
of28June1974 <.
fixingtheexportrefundsoncereal-basedcompound.feedingstuffs
whenexportrefundsoncereal-basedcompound
feedingstuffs arebeingfixed,onlytheproducts
normallyusedinthemanufacture ofcompound
feedingstuffsforwhicharefundmaybefixedshould
betakenintoaccount;
Whereas •Commission Regulation (EEC)No
1913/69(6)of29September1969onthegrantingand
theadvancefixingoftheexportrefundoncereal­
basedcompoundfeedingstuffsprovidesthatcalcula­
tionoftheexportrefundmustbebasedonthelevy
applicabletomaize;whereasthiscalculationmust
alsotakeaccountofthecerealproductscontent;
whereas,therefore,intheinterestofsimplification ,
compoundfeedingstuffsshouldbeplacedincatego­
riesandtherefundforeachcategoryshouldbefixed
onthebasisofaquantityofmaizewhichisrepresenta­
tiveoftheusualcerealproductscontentforthecate­
goryconcerned ;whereas,furthermore ,theamountof
therefundmayalsotakeintoaccountthesituationon
themarketincerealproductsotherthanmaize;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(1)of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No1346/73(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle16(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16ofRegulationNo120/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulationNo139/
67/EEC(3)of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefundsprovidesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehandandpricesforcerealsand
cerealproductsontheother;whereasthesame
Articleprovidesthatitisalsoimportanttoensure
equilibriumandthenaturaldevelopment ofprices
andtradeonthecerealmarkets;
Whereasitfollowsfromapplyingrulesandcriteriato
thepresentsituationonthemarketincereal-based
compoundfeedingstuffsthattheexportrefundshould
befixedatanamountwhichwillcoverthedifference
betweenCommunitypricesandworldmarketprices;
WhereasArticle7(1)ofCouncilRegulation (EEC)No
968/68(4)of15July1968onthesystemtobeapplied
tocereal-basedcompoundfeedingstuffs ,asamended
byRegulation (EEC)No2196/69(5),providesthat,Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcompoundfeedingstuffs
accordingtodestination ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereastherefundmustbefixedonceamonth;
whereasitmaybealteredintheinterveningperiod;
(')OJNo117,19.6.1967,p.2269/67.
(2OJNoL141,28.5.1973,p.8.WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage--
mentCommitteeforCereals,P)OJNo125,26.6.1967,p.2453/67.
(4)OJNoL166,17.7.1968,p.2.
(5)OJNoL279,6.11.1969,p.1. (6)OJNoL246,30.9.1969,p.11.

NoL17.5/30 OfficialJournaloftheEuropeanCommunities 29.6.74
HASADOPTEDTHISREGULATION :
ArticleI
Theexportrefundsonthecompoundfeedingstuffs
coveredbyRegulationNo120/67/EECandsubjecttoRegulation (EEC)No968/68areherebyfixedas
shownintheAnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon1July1974.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28June1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
CCTheading
NoSpecial
specification
forrefundNomenclature insimplifiedwordingRefundin
u.a./100kg
(thirdcountries)
23.07BI Preparationsofakindusedinanimalfeeding,coveredby
Regulation (EEC)No968/68,containingstarch,glucoseorglucose
syrupfallingwithinsubheadingNos17.02Band17.05Bormilk
products(fallingwithinheadingNos04.01,04.02,04.03and04.04
andsubheadingNos17.02Aand17.05A):
ofamilkpowder(')contentoflessthan50%byweightandof
cerealproducts(2)contentbyweight:
3010 —Exceeding5%butnotexceeding15% 0-019
4010 —Exceeding15%butnotexceeding30% 0-046
5010 —Exceeding30%butnotexceeding50% 0-083
6010 —Exceeding50%butnotexceeding65°/o 0-111
7010 —Exceeding65% 0-139
(')Ifthepreparationofakindusedinanimalfeedingcontainsskimmed-milkpowderfallingwithinsubheadingNo04.02AIIb)1oftheCommon
CustomsTariff,theamountsfixedintheAnnextoRegulation (EEC)No757/71initsversionnowinforcearechargedattheimportation .
(')"Cerealproducts'meanstheproductsfallingwithinChapter10andheadingNos11.01and11.02(excludingsubheadingNo11.02G)ofthe
CommonCustomsTariff.
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