NoL71/12 OfficialJournaloftheEuropeanCommunities 22.3.79
COMMISSION REGULATION (EEC)No533/79
of21March1979
fixingtheexportrefundsonwhitesugarandrawsugar,exportedinthenatural
state
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarytherefundforsugaraccordingtodestina­
tion;
Whereas,inspecialcases,theamountoftherefund
maybefixedbyotherlegalinstruments ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof225%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereastherefundmustbefixedeverytwoweeks;
whereasitmaybealteredintheinterveningperiod;
Whereasitfollowsfromapplyingtherulessetout
abovetothepresentsituationonthemarketinsugar
andinparticulartoquotationsorpricesforsugar
withintheCommunityandontheworldmarketthat
therefundshouldbeassetoutintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforSugar,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(!),aslastamendedby
Regulation(EEC)No1396/78(2),andinparticularthe
firstsentenceofthelastsubparagraph ofArticle19(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle19ofRegulation (EEC)No3330/74
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(l)(a)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasCouncilRegulation (EEC)No766/68of18
June1968layingdowngeneralrulesforgranting
exportrefundsonsugar(3),aslastamendedbyRegula­
tion(EEC)No1489/76(4),providesthatwhenrefunds
onwhiteandrawsugar,undenaturedandexportedin
thenaturalstate,arebeingfixedaccountmustbe
takenofthesituationontheCommunityandworld
marketsinsugarandinparticularofthepriceand
costfactorssetoutinArticle3ofthatRegulation ;
whereasthesameArticleprovidesthattheeconomic
aspectoftheproposedexportsshouldalsobetaken
intoaccount;
Whereastherefundonrawsugarmustbefixedin
respectofthestandardquality;whereasthelatteris
definedinArticle1ofCouncilRegulation(EEC)No
431/68of9April1968determiningthestandard
qualityforrawsugarandfixingtheCommunityfron-,
tiercrossingpointforcalculatingcifpricesfor
sugar(5);whereas,furthermore ,thisrefundshouldbe
fixedinaccordancewithArticle5(2)ofRegulation
(EEC)No766/68;whereascandysugarisdefinedin
CommissionRegulation(EEC)No394/70of2March
1970ondetailedrulesforgrantingexportrefundson
sugar(6),asamendedbyRegulation (EEC)No
1467/77(7);HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1
(1)(a)ofRegulation (EEC)No3330/74,undenatured
andexportedinthenaturalstate,shallbeassetoutin
theAnnexhereto.
1)OJNoL359,31.12.1974,p.1.
2)OJNoL170,27.6.1978,p.1.
3)OJNoL143,25.6.1968,p.6.
«)OJNoL167,26.6.1976,p.13.
s)OJNoL89,10.4.1968,p.3.
')OJNoL50,4..3.1970,p.1.
7)OJNoL162,1.7.1977,p.6.Article2
ThisRegulationshallenterintoforceon22March
1979.

22.3.79 NoL71/13 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,21March1979.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof21March1979fixingtheexportrefundsonwhitesugar
andrawsugar,exportedinthenaturalstate
Out.,'ICO
(XT
heading
NoDescription Refund
17.01 Beetsugarandcanesugar,solid:
A.Whitesugar;flavouredorcolouredsugar 2000I B.Rawsugar:
(a)Candysugar 20-67(')
(b)Otherrawsugar 17-00(')
(')Applicabletorawsugarwithayieldof92%;iftheyieldisotherthan92%,therefundapplicableiscalculatedinaccordancewith
theprovisionsofArticleS(})ofRegulation (EEC)No766/6K.