OfficialJournaloftheEuropeanCommunities NoL144/61 31.5.73
REGULATION (EEC)No1448/73OFTHECOMMISSION
of30May1973
fixingtheexportrefundonoilseeds
WhereasArticle3ofRegulationNo142/67/EECpro­
videsthatwhentherefundisbeingcalculatedac­
countmustbetakenofpricesrulingonthevarious
Communitymarketswhicharerepresentative from
thepointofviewofprocessingandexportation ;the
mostfavourablequotationsrecordedonthevarious
marketsofimportingthirdcountriesandGreece,
andcostsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundis
beingfixed,accountmustalsobetakenofthelevel
ofmarketpriceswithintheCommunityfortheoil
seedsreferredtoinArticle21ofRegulationNo136/
66/EECandthefuturetrendoftheseprices;
whereas,furthermore ,accountshouldbetakenofthe
economicaspectoftheproposedexportsandthe
situationintheCommunityregardingthesupplyof
anddemandfortheseseeds:THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity ;
HavingregardtoCouncilRegulationNo136/66/
EEC(*)of22September1966ontheestablishment
ofacommonorganizationofthemarketinoilsand
fats,aslastamendedbytheAct(2)annexedtothe
Treaty(3)ontheAccessionofnewMemberStatesto
theEuropeanEconomicCommunityandtheEuro­
peanAtomicEnergyCommunity,signedatBrussels
on22January1972;
HavingregardtoCouncilRegulationNo162/66/
EEC(4)of27October1966ontradeinoilsandfats
betweentheCommunityandGreece;
HavingregardtoCouncilRegulationNo142/67/
EEC(5)of21June1967onexportrefundsoncolza,
rapeandsunflowerseeds,aslastamendedbyRegu­
lation(EEC)No2429/72(6),andinparticularthe
firstsentenceofArticle2(3)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportsto
thirdcountriesofoilseedsharvestedwithinthe
Community ;whereastheamountofthisrefund
maynotexceedthedifferencebetweenpriceswithin
theCommunityandpricesontheworldmarket
wheretheformerarehigherthanthelatter;whereas
Article21ofRegulationNo136/66/EECpro­
videsthat,atpresent,Article28ofthatRegulation
appliesonlytocolza,rapeandsunflowerseeds;
WhereasArticle8ofRegulationNo162/66/EECpro­
videsthatArticle28ofRegulationNo136/66/EEC
andmeasurestakeninapplicationthereofapply,sub­
jecttotheprovisionsoftheAgreementestablishing
anAssociationbetweentheEuropeanEconomic
CommunityandGreece,totradebetweentheCom­
munityandGreece;WhereasArticle1ofCommissionRegulation (EEC)
No651/71(7)of29March1971oncertaindetailed
rulesfortheapplicationofexportrefundsonoil
seedsprovidesthattheamountoftherefundmust
becalculatedonthebasisoftheweightofexported
seeds;whereasthisweightmustbeadjustedtotake
accountofanydifferencesbetweenthepercentages '
ofmoistureandimpuritiesfoundtoexistandthose
usedtodefinethestandardqualityforwhichthetar­
getpriceisfixed;whereas,whenthisadjustmentis
beingmade,theweightoftheexportedseedsmustbe
increasedbytheamountofthedifferencebetween
theactualmoistureandimpuritiescontentandthat
usedtodefinethestandardqualityiftheformeris
lowerthanthelatter;whereas,iftheopposite
applies,theweightoftheexportedseedsmustbe
reducedbythesameamount;
Whereasthestandardqualityreferredtoaboveis
definedinArticle2ofCouncilRegulation (EEC)No
1331/72(8)of27June1972fixingthetargetprices
andbasicinterventionpricesforoilseedsforthe
1972/73marketingyear;
WhereasArticle2ofRegulationNo142/67/EECpro­
videsthattherefundmaybevariedaccordingtodes­
tinationwheretheworldmarketsituationorthespe­
(»)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL73,27.3.1972,p.14.
(3)OJNoL73,27.3.1972,p.5.
(4)OJNo197,29.10.1966,p.3393/66.
(8)OJNo125,26.6.1967,p.2461/67.
(«)OJNoL264,23.11.1972,p.1.(7)OJNoL75,30.3.1971,p.16.
(8)OJNoL147,29.6.1972,p.1.

NoL144/62 OfficialJournaloftheEuropeanCommunities 31.5.73
WhereasthemeasuresprovidedforinthisRegula­
tionareinaccordancewiththeOpinionoftheMan­
agementCommitteeforOilsandFats;
HASADOPTEDTHISREGULATION :
Article1cificrequirementsofcertainmarketsmakethisneces­
sary;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthebasisofan
exchangeratewhichisbased,inthecaseofcurrencies
whicharefloatingorwhosecentralratediffersfrom
theofficialparity,ontheeffectiverateorthe
centralrateofthesecurrenciesand,inthecaseof
theUSdollar,onthechangeinparityannounced
on13February1973;
Whereasitfollowsfromapplyingtheserulesandcri­
teriatothepresentsituationonthemarketinoil
seeds,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
marketsofthirdcountriesandGreece,thatthere­
fundshouldbefixedattheamountsshowninthe
AnnextothisRegulationforthoseproductsfor
whichthemarketingyearhasalreadybegun;TherefundsontheproductsreferredtoinArticle21
ofRegulationNo136/66/EEC,exportedtothird
countriesandGreece,areherebyfixedasshownin
theAnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon1June
1973.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30May1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
Refundapplicabletooilseedsfrom1June1973
(u.a./100kg)
CCTheading
No Descriptionofgoods Refund
ex12.01 I.Colzaandrapeseed,otherthanforsowing 3·000