1.9.88 NoL241/6 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No2694/88
of31August1988
fixingtheexportrefundsonwhitesugarandrawsugarexportedinitsunaltered
state
applytotheirsucrosecontentand,accordingly,befixed
per1%ofthesaidcontent;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitnecessaryto
varytherefundforsugaraccordingtodestination ;
Whereas,inspecialcases,theamountoftherefundmay
befixedbyotherlegalinstruments ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:,
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rats,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(8),aslastamendedbyRegula­
tion(EEC)No1636/870,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereastherefundmustbefixedeverytwoweeks;
whereasitmaybealteredintheinterveningperiod;
Whereasitfollowsfromapplyingtherulessetoutabove
tothepresentsituationonthemarketinsugarandin
particulartoquotationsorpricesforsugarwithinthe
Communityandontheworldmarketthattherefund
shouldbeassetoutintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforSugar,»THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheAct.ofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1785/81
of30June1981onthecommonorganizationofthe
marketsinthesugarsector('),aslastamendedbyRegula­
tion(EEC)No2306/88(2),andinparticularpoint(a)of
thefirstsubparagraphofArticle19(4)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle19ofRegulation(EEC)No1785/81
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1
(1)(a)ofthatRegulationandpricesforthoseproducts
withintheCommunitymaybecoveredbyanexport
refund;
WhereasCouncilRegulation(EEC)No766/68of18June
1968layingdowngeneralrulesforgrantingexport
refundsonsugar(3),aslastamendedbyRegulation(EEC)
No1489/76(4),providesthatwhenrefundsonwhiteand
rawsugar,undenaturedandexportedinitsunalteredstate
arebeingfixedaccountmustl^etakenofthesituationon
theCommunityandworldmarketsinsugarandinparti­
cularofthepriceandcostfactorssetoutinArticle3of
thatRegulation ;whereasthesameArticleprovidesthat
theeconomicaspectoftheproposedexportsshouldalso
betakenintoaccount;
Whereastherefundonrawsugarmustbefixedinrespect
ofthestandardquality;whereasthelatterisdefinedin
Article1ofCouncilRegulation(EEC)No431/68of9
April1968determiningthestandardqualityforrawsugar
andfixingtheCommunityfrontiercrossingpointfor
calculatingcifpricesforsugar(*);whereas,furthermore ,
thisrefundshouldbefixedinaccordancewithArticle5
(2)ofRegulation(EEC)No766/68;whereascandysugar
isdefinedinCommissionRegulation(EEC)No394/70of
2March1970ondetailedrules'forgrantingexport
refundsonsugar(6),asamendedbyRegulation(EEC)No
1714/880;whereastherefundthuscalculatedforsugar
containingaddedflavouringorcolouringmattermustHASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1(1)
(a)ofRegulation(EEC)No1785/81undenaturedand
exportedintheirunalteredstateshallbeassetoutinthe
Annexhereto.
Article2
ThisRegulationshallenterintoforceon1September
1988.(')OJNoL177,1.7.1981,p.4.
(2)OJNoL201,27.7.1988,p.65.
(3)OJNoL143,25.6.1968,p.6.
(<)OJNoL167,26.6.1976,p.13.0OJNoL89,10.4.1968,p.3.
(6)OJNoL50,4.3.1970,p.1.
(AOTNoT.152.18.6.1988.D.23.(8)OJNoL164,24.6.1985,p.1.
9OJNoL153,13.6.1987,p.1.

1.9.88 OfficialJournaloftheEuropeanCommunities NoL241/7
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1988.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof31August1988fixingtheexportrefundsonwhitesugar
andrawsugarexportedinitsunalteredstate
(ECU)
ProductcodeAmountofrefund
per100kgperpercentagepointof
sucrosecontentand
per100kgnetofthe
productinquestion
17011190100 34,69(')
17011190910 32,03(')
17011190950 0
17011290100 34,69(')
17011290910 32,03(')
17011290950 0
17019100000 I 0,3771
17019910100 37,71
17019910910 38,75(3)
17019910950 34,25
17019990100 0,3771
(')Applicabletorawsugarwithayieldof92%;iftheyieldisotherthan92%,
therefundapplicableiscalculatedinaccordancewiththeprovisionsofArticle
5(3)ofRegulation(EEC)No766/68.
(2)FixingsuspendedbyCommissionRegulation(EEC)No2689/85(OJNoL255,
26.9.1985,p.12),asamendedbyRegulation(EEC)No3251/85(OJNoL309,
21.11.1985,p.14).
(3)ApplicableundertheconditionslaiddowninparticularinArticle9(5)of
Regulation(EEC)No2630/81.