20.8.81 OfficialJournaloftheEuropeanCommunities NoL234/9
COMMISSION REGULATION (EEC)No2387/81
of19August1981
fixingtheexportrefundsonwhitesugarandrawsugarexportedinthenatural
state
sugar(*),asamendedbyRegulation (EEC)No
1467/77(6);
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessary
tovarytherefundforsugaraccordingtodestination ;
Whereas,inspecialcases,theamountoftherefund
maybefixedbyotherlegalinstruments ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastherefundmustbefixedeverytwoweeks;
whereasitmaybealteredintheinterveningperiod;
Whereasitfollowsfromapplyingtherulessetout
abovetothepresentsituationonthemarketinsugar
andinparticulartoquotationsorpricesforsugar
withintheCommunityandontheworldmarketthat
therefundshouldbeassetoutintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforSugar,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1785/81of30June1981onthecommonorganization
ofthemarketinsugar('),andinparticularthefirst
sentenceofArticle19(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle19ofRegulation(EEC)No1785/81
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(1)(a)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredbyan
exportrefund;
WhereasCouncilRegulation (EEC)No766/68of18
June1968layingdowngeneralrulesforgranting
exportrefundsonsugar(2),aslastamendedbyRegula­
tion(EEC)No1489/76(3),providesthatwhenrefunds
onwhiteandrawsugar,undenaturedandexportedin
thenaturalstate,arebeingfixedaccountmustbe
takenofthesituationontheCommunityandworld
marketsinsugarandinparticularofthepriceandcost
factorssetoutinArticle3ofthatRegulation ;whereas
thesameArticleprovidesthattheeconomicaspectof
theproposedexportsshouldalsobetakeninto
account;
Whereastherefundonrawsugarmustbefixedin
respectofthestandardquality;whereasthelatteris
definedinArticle1ofCouncilRegulation (EEC)No
431/68of9April1968determiningthestandard
qualityforrawsugarandfixingtheCommunityfron­
tiercrossingpointforcalculatingcifpricesfor
sugar(4);whereas,furthermore ,thisrefundshouldbe
fixedinaccordancewithArticle5(2)ofRegulation
(EEC)No766/68;whereascandysugarisdefinedin
CommissionRegulation (EEC)No394/70of2March
1970ondetailedrulesforgrantingexportrefundsonHASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1
(1)(a)ofRegulation(EEC)No1785/81undenatured
andexportedinthenaturalstate,shallbeassetoutin
theAnnexhereto.
Article2
ThisRegulationshallenterintoforceon20August
1981.
(')OJNoL177,1.7.1981,p.4.
(2)OJNoL143,25.6.1968,p.6.
OOJNoL167,26.6.1976,p.13,
(4)OJNoL89,10.4.1968,p.3.0OJNoL50,4.3.1970,p.1.
(6)OJNoL162,1.7.1977,p.6.

NoL234/10 OfficialJournaloftheEuropeanCommunities 20.8.81
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,19August1981.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof19August1981fixingtheexportrefundsonwhitesugar
andrawsugarexportedinthenaturalstate
(ECU/100kg)
CCT
heading
NoDescription Refund
17.01Beetsugarandcanesugar,solid:
A.Whitesugar;flavouredorcolouredsugar:
(I)Whitesugar
(a)Candysugar 11-04
(b)Other 14-00
(II)Flavouredorcolouredsugarobtainedfrom:
(a)Whitesugar 11-04
(b)Rawsugar 10-16(')
B.Rawsugar:
II.Other:
(a)Candysugar 10-16(')
(b)Otherrawsugar 9-40(')
(')Applicabletorawsugarwithayieldof92%;iftheyieldisotherthan92%,therefundappli­
cableiscalculatedinaccordancewiththeprovisionsofArticle5(3)ofRegulation (EEC)No
766/68.