31.8.73 OfficialJournaloftheEuropeanCommunities NoL243/7
REGULATION (EEC)No2347/73OFTHECOMMISSION
of30August1973
fixingtherefundsapplicabletocerealsandwheatorryeflour,groatsandmeal
thesequantitieswerefixedinRegulationNo162/
67/EEC(4),asamendedbyRegulation (EEC)No
1607/71(5);
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 .
Artiec2
ThisRegulationshallenterintoforceon31August
1973.
(')OJNo117,19.6.1967,p.2269/67.
(2)OJNoL141,28.5.1973,p.8.
(3)OJNo125,26.6.1967,p.2453/67.C4)OJNo128,27.6.1967,p.2574/67.
(5)OJNoL168,27.7.1971,p.16.

NoL243/8 OfficialJournaloftheEuropeanCommunities 31.8.73
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30August1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

31.8.73 OfficialJournaloftheEuropeanCommunities NoL243/9
ANNEX
totheCommissionRegulationof30August1973fixingtherefundsapplicabletocerealsand
certaincategoriesofwheatorryeflour,groatsandmeal
(u.cJtj
CCTheading
No Descriptionofproducts Refund
10.01ACommonwheat(*),andmesiin
10.01BDurumwheat —
10.02Ryei1)
10.03 Barley—
10.04 Oats—
10.05BMaize(otherthanhybridmaizeforsowing)-
10.07CGrainsorghum—
ex11.01AWheatflour(2):
—■ofanashcontentof0to520—
—ofanashcontentof521to600 —
—ofanashcontentof601to900—
—ofanashcontentof901to1100 —
—■ofanashcontentof1101to1650 —
—ofanashcontentof1651to1900 —
exlt.01URyeflour:
—ofanashcontentof0to700 —
—>ofanashcontentof701to1150 —
—■ofanashcontentof1151to1600 —
—ofanashcontentof1601to2000 —
11.02A1aDurumwheatgroatsandmeal:
—ofanashcontentof0to950—
—ofanashcontentof951to1300—
—ofanashcontentof1301to1500—
11.02AIbCommonwheatgroatsandmeal(2):
—ofanashcontentof0to520
and(5)ofRegulationNo120/67/EEC.0)TherefundisgrantedsolelyinrespectofcommonwheatandryewhichhasnotbeendenaturedpursuanttoArticle7(I)
(•)Therefundisgrantedsolelyinrespectofcommonwheatflour,groatsandmealmanufactured fromcommonwheatwhich
hasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegulationNo120/67/EEC.
TheamountbywhichtherefundmaybeincreasedpursuanttoArticle1ofRegulationNo587/
67/EECis2u.a./ton.