NoL37/12 OfficialJournaloftheEuropeanCommunities 12.2.76
COMMISSION REGULATION (EEC)No293/76
of11February1976
fixingtherefundsonwhitesugarandrawsugarexportedinthenaturalstate
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
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,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(!),aslastamendedby
Regulation(EEC)No3058/75(2),andinparticularthe
firstsentenceofthelastsubparagraphofArticle19(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)No1102/75(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 ,thisrefundshouldbefixedin
accordancewithArticle5(2)ofRegulation(EEC)No
766/68;whereascandysugarisdefinedinCommis­
sionRegulation(EEC)No394/70of2March1970on
detailedrulesforgrantingexportrefundsonsugar(6);HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(1)(a)
ofRegulation(EEC)No3330/74,undenaturedand
exportedinthenaturalstate,areherebyfixedatthe
amountsshownintheAnnex.
Article2(»)OJNoL359,31.12.1974,p.1.
(2)OJNoL306,26.11.1975,p.3.
(»)OJNoL143,25.6.1968,p.6.
(<)OJNoL110,30.4.1975,p.1.
(5)OJNoL89,10.4.1968,p.3.
(*)OJNoL50,4.3.1970,p.1.ThisRegulationshallenterintoforceon12February
1976.

12.2.76 OfficialJournaloftheEuropeanCommunities NoL37/13
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,11February 1976.
FortheCommission
L.-G.RABOT
Director-General
ANNEX
totheCommissionRegulationof11February1976fixingtherefundsonwhitesugarand
rawsugarexportedinthenaturalstate
(u,aJ100kg)
CCT
heading
NoDescriptionofgoods Refund
17.01 Beetsugarandcanesugar,solid:
B.Undenatured :
I.Whitesugar 2-30
II.Rawsugar:
(a)Candysugar
(b)Otherrawsugar212(')
212(»)
(')Applicabletorawsugarwithayieldof92%;iftheyieldisotherthan92%,therefundapplicableiscalculatedinaccordancewith
theprovisionsofArticle5(3)ofRegulation(EEC)No766/68.