19.7.73 OfficialJournaloftheEuropeanCommunities NoL199/19
REGULATION (EEC)No1937/73OFTHECOMMISSION
of18July1973
fixingtherefundsonwhitesugarandrawsugarexportedinthenaturalstate
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo1009/
67/EEC(!)of18December1967onthecommon
organizationofthemarketinsugar,aslastamended
byRegulation (EEC)No1014/73(2),andinparticular
thefirstsentenceofthelastsubparagraph ofArticle
17(2)thereof;sionRegulation(EEC)No394/70(6)of2March1970
ondetailedrulesforgrantingexportrefundsonsugar;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforsugaraccordingtodestina­
tion;
Whereas,inspecialcases,theamountoftherefund
maybefixedbyotherlegalmeans;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereastherefundmustbefixedeverytwoweeks;
whereasitmaybealteredintheinterveningperiod;
Whereasitfollowsfromapplyingtheserulestothe
presentsituationonthemarketinsugarandinparti­
culartoquotationsorpricesforsugarwithinthe
Communityandontheworldmarketthattherefund
shouldbefixedattheamountsshownintheAnnex
tothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforSugar;HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle17ofRegulationNo1009/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(1)(a)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasCouncilRegulation(EEC)No766/68(3)of
18June1968layingdowngeneralrulesforgranting
exportrefundsonsugar,aslastamendedbyRegula­
tion(EEC)No881/73(4),providesthatwhenrefunds
onwhiteandrawsugar,undenaturedandexportedin
thenaturalstate,arebeingfixedaccountmustbe
takenofthesituationontheCommunityandworld
marketsinsugarandinparticularofthepriceandcost
factorssetoutinArticle3ofthatRegulation ;whereas
thesameArticleprovidesthattheeconomicaspectof
theproposedexportsshouldalsobetakeninto
account;
Whereastherefundonrawsugarmustbefixedin
respectofthestandardquality;whereasthelatteris
definedinArticle1ofCouncilRegulation(EEC)No
431/68(5)of9April1968determiningthestandard
qualityforrawsugarandfixingtheCommunityfron­
tiercrossingpointforcalculatingcifpricesforsugar;
Whereas,furthermore ,thisrefundshouldbefixedin
accordancewithArticle5(2)ofRegulation (EEC)No
766/68;whereascandysugarisdefinedinCommis­HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(1)(a)
ofRegulationNo1009/67/EEC,undenaturedand
exportedinthenaturalstate,areherebyfixedatthe
amountsshownintheAnnex.
Article2
(')OJNo308,18.12.1967,p.1. ThisRegulationshallenterintoforceon19July
1973.(2)OJNoL106,20.4.1973,p.I.
(3)OJNoL143,2.5.6.1968,p.6.
(4)OJNoL86,31.3.1973,p.30.
5OJNoL89,10.4.1968,p.3. (b)OJNoL50,4.3.1970,p.1.

NoL199/20 OfficialJournaloftheEuropeanCommunities 19.7.73
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,18July1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof18July1973fixingtherefundsonwhitesugarand
rawsugarexportedinthenaturalstate
(u.a.!100kg)
CCT
heading
NoDescriptionofgoods Refund
17.01 Beetsugarandcane,sugar,solid:
B.Undenatured :
I,Whitesugar—
II.Rawsugar:
(a)Candysugar 3-12H
(b)Otherrawsugar—
(*)Applicabletorawsugarwithayieldof92°/o;ifrheyieldisotherthan92°/o,therefundapplicableis
calculatedinaccordancewiththeprovisionsofArticle5(3)ofRegulation (EEC)No766/68.