7.9.73 OfficialJournaloftheEuropeanCommunities NoL250/7
REGULATION (EEC)No2434/73OFTHECOMMISSION
of6September1973
fixingtherefundsapplicabletocerealsandwheatorryeflour,groatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71(5);
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedonceaweek;
whereasitmaybealteredintheinterveningperiod;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketin
cerealsandinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarketthattherefundshouldbefixedatthe
amountsshownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(•)of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No1346/73(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle16(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle16ofRegulationNo120/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productsintheCommunitymaybecoveredbyan
exportrefund;
WhereasArticle2ofCouncilRegulationNo139/
67/EEC(3)of21June1967layingdowngeneralrules
forgrantingexportrefundsoncerealsandcriteriafor
fixingtheamountofsuchrefundsprovidesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofcerealsontheCommunity
marketontheonehandandpricesforcerealsand
cerealproductsontheworldmarketontheother;
whereasthesamearticleprovidesthatitisalsoimpor­
tanttoensureequilibriumandthenaturaldevelop­
mentofpricesandtradeoncerealmarketsand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
bancesontheCommunitymarket;
WhereasArticle3ofRegulation 'No139/67/EEC
definesthespecificcriteriatobetakenintoaccount
whentherefundoncerealsisbeingcalculated ;
Whereasthesespecificcriteriaaredefined,asfaras
wheatandryeflour,groatsandmealareconcerned,in
Article4ofRegulationNo139/67/EEC;whereas,
furthermore ,whentherefundontheseproductsis
beingcalculated ,accountmustbetakenofthequanti­
tiesofcerealsrequiredfortheirmanufacture ;whereasHASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(a),(b)
and(c)ofRegulationNo120/67/EEC,exportedinthe
naturalstate,areherebyfixedasshownintheAnnex
tothisRegulation .
Article2
ThisRegulationshallenterintoforceon7September
1973.
(')O)NoI17,19.6.1967,p.2269/67.
(-)O")NoL141,28.5.1973,p.8.
(')O'lNo125,26.6.1967,p.2453/67.HOINo128,27.6.1967,p.2574/67.
HO'lNoL168,27.7.1971,p.16.

NoL250/8 OfficialJournaloftheEuropeanCommunities 7.9.73
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,6September1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

7.9.73 OfficialJournaloftheEuropeanCommunities NoL250/9
ANNEX
totheCommissionRegulationof6September1973fixingtherefundsapplicabletocerealsand
certaincategoriesofwheatorryeflour,groatsandmeal
(u.c.ltj
CCTheading
No Descriptionofproducts Refund
10.01ACommonwheat(*),andmesiin
10.01BDurumwheat —
10.02RyeH -
10.03 Barley—
10.04 Oats—
10.05BMaize(otherthanhybridmaizeforsowing)-
10.07CGrainsorghum—
ex11.01AWheatflour(2):
—ofanashcontentof0to520
—ofanashcontentof521to600__
—>ofanashcontentof601to900
__
—ofanashcontentof901to1100
—■ofanashcontentof1101to1650__
—·ofanashcontentof1651to1900
—
ex11.01BRyeflour:
—ofanashcontentof0to700
—
—ofanashcontentof701to1150—
—>ofanashcontentof1151to1600—
—ofanashcontentof1601to2000—
11.02AIaDurumwheatgroatsandmeal:
—ofanashcontentof0to950__
—ofanashcontentof951to1300—
—■ofanashcontentof1301to1500—
11.02AIbCommonwheatgroatsandmeal(2):
—ofanashcontentof0to520 —
(!)TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle?'3?
and(5)ofRegulationNo120'67/EEC.
(')Therefundisgrantedsolelyinrespectofcommonwheattlour.groatsandmealmamif.uiureJ limnloiiimouwheatuhiJ»
hasnotbeendenaturedpursuanttoArticle7and'5;ofRegulationNo12067FAC.
TheamountbywhichtherefundmaybeincreasedpursuanttoArticle I<>tRegulationNo^8
67/EECis2u.a./ton.