14.9.73 NoL257/7 OfficialJournaloftheEuropeanCommunities
REGULATION (EEC)No2487/73OFTHECOMMISSION
of13September1973
fixingtherefundsapplicabletocerealsandwheatorryeflour,groatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/710;
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;
WhereasArticle3ofRegulationNo139/67/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
ThisRegulationshallenterintoforceon14
September1973.
(')O)No117,14.6.1967,p.2269/67.
(-)0(NoL141,28.v197^p.s.
3O|No125,26.6.196"",p.24vV67.(')OJNo128,27.6.1967,p.25^4/6".
O.O'INoL168,27.7.1971,p.16.

NoL257/8 OfficialJournaloftheEuropeanCommunities 14.9.73
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
'DoneatBrussels,13September1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
\

14.9.73 OffcicialJournaloftheEuropeanCommunities NoL257/9
ANNEX
totheCommissionRegulationof13September1973fixingtherefutfdsapplicabletocereals
andcertaincategoriesofwheatorryeflour,groatsandmeal
(u.c.tti
CCTheading
No Descriptionofproducts Refund
10.01ACommonwheat('),andmesiin
10.01BDurumwheat —
10.02Ryei1) 0
10.03 Barley—
10.04 Oats—
10.05BMaize(otherthanhybridmaizeforsowing)-
10.07CGrainsorghum-
ex11.01AWheatflour(2):
—ofanashcontentof0to520—
—ofanashcontentof521to600—
—>ofanashcontentof601to900—
—ofanashcontentof901to1100—
—ofanashcontentof1101to1650—
—■ofanashcontentof1651to1900—
ex11.01HRyeflour:
—ofanashcontentof0to700—
—ofanashcontentof701to1150 —
—■ofanashcontentof1151to1600 —
—ofanashcontentof1601to2000 —
11.02A'1aDurumwheatgroatsandmeal:
—■ofanashcontentof0to950—
—ofanashcontentof951to1300—
—ofanashcontentof1301to1500—
11.02A1bCommonwheatgroatsandmeal(2):
—ofanashcontentof0to520 —
(')TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle7(3)
and(5)ofRegulationNo120/67/EEC.
(*)Therefundisgrantedsolelyinrespectofcommonwheatflour,groatsandmealmanufactured fromcommonwheatwhich
hasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegulationNo120/67/EEC.
TheamountbywhichtherefundmaybeincreasedpursuanttoArticle1ofRegulationNo587/
67/EECis2u.a./ton.