1.10.-87 OfficialJournaloftheEuropeanCommunities NoL278/31
COMMISSION REGULATION (EEC)No2924/87
of30September1987
fixingtheexportrefundsonwhitesugarandrawsugarexportedinthenatural
state
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,_(2)ofRegulation (EEC)No766/68;whereascandysugar
isdefinedinCommissionRegulation(EEC)No394/70of
2March1970ondetailedrulesforgrantingexport
refundsonsugar.(*),asamendedbyRegulation (EEC)No
1467/77Q;whereastherefundthuscalculatedforaroma­
tizedsugarsorforsugarswithcolouringaddedmustapply
totheirsucrosecontentand,accordingly ,befixedper
1%ofthesaidcontent;
HavingregardtotheActofAccessionofSpainand
Portugal,
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
therefundforsugaraccordingtodestination ;HavingregardtoCouncilRegulation (EEC)No1785/81
of30June1981onthecommonorganization ofthe
marketsinthesugarsector('),aslastamendedbyRegula­
tion(EEC)No229/87(2),andinparticularpoint(a)ofthe
firstsubparagraph ofArticle19(4)thereof,
Whereas,inspecialcases,theamountoftherefundmay
befixedbyotherlegalinstruments ;
HavingregardtotheopinionoftheMonetaryCommittee ,
WhereasArticle19ofRegulation (EEC)No1785/81
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1
(1)(a)ofthatRegulationandpricesforthoseproducts
withintheCommunitymaybecoveredbyanexport
refund;Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotherat^nygivenmomentwithinaband
of2,25%,.arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(8),aslastamendedbyRegula­
tion(EEC)No1636/87(9),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient ;WhereasCouncilRegulation (EEC)No766/68of18June
1968layingdowngeneralrulesforgrantingexport
refundsonsugar(3),aslastamendedbyRegulation(EEC)
No1489/76(4),providesthatwhenrefundsonwhiteand
rawsugar,undenaturedandexportedinthenaturalstate,
arebeingfixedaccountmustbetakenofthesituationon
theCommunityandworldmarketsinsugarandinparti­
cularofthepriceandcostfactorssetoutinArticle3of
thatRegulation ;whereasthesameArticleprovidesthat
theeconomicaspectoftheproposedexportsshouldalso
betakenintoaccount:
Whereastherefundmustbefixedeverytwoweeks;
whereasitmaybealteredintheinterveningperiod;
Whereastherefundonrawsugarmustbefixedinrespect
ofthestandardquality;whereasthelatterisdefinedin
Article1ofCouncilRegulation (EEC)No431/68of9
April1968determiningthestandardqualityforrawsugar
andfixingtheCommunityfrontiercrossingpointfor
calculatingcifpricesforsugar(*);whereas,furthermore ,
thisrefundshouldbefixedinaccordancewithArticle5Whereasitfollowsfromapplyingtherulessetoutabove
tothepresentsituationonthemarketinsugarandin
particulartoquotationsorpricesforsugarwithinthe
Communityaridontheworldmarketthattherefund
shouldbeassetoutinthe1May
(>)OJNoL177,1.7.1981,p.4.
(2)OJNoL25,28.1.1987,p.1.
3)OJNoL143,25.6.1968,p.6.
(4)OJNoL167,26.6.1976,p.130OJNoL89,10.4.1968,p.3.(«)OJNoL50,4.3.1970,p.1.0OJNoL162,1.7.1977,p.6.
(8)OJNoL164,24.6.1985,p.1.0OJ1NoL153,13.6.1987,p.1.

NoL278/32 OfficialJournaloftheEuropeanCommunities 1.10.87
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforSugar,exportedinthenaturalstate,shallbeassetoutinthe
Annexhereto.
Article2HASADOPTED THISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1(1)
(a)ofRegulation (EEC)No1785/81undenaturedandThisRegulationshallenterintoforceon1October1987.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30September1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof30September1987fixingtheexportrefundsonwhite
sugarandrawsugarexportedinthenaturalstate
(ECU)
CCT
heading
NoDescriptionAmountofrefund
per100kgperpercentagepointof
sucrosecontentand
per100kgnetofthe
productinquestion'
17.01 Beetsugarandcanesugar,solid:
A.Whitesugar;flavouredorcolouredsugar:
I (I)Whitesugar: l
(a)Candysugar ,45,33l
\ (b)Other 43,93
(II)Flavouredorcolouredsugar 0,4533
I B.Rawsugar:
II.Other:
l (a)Candysugar 41,70(')
(b)Sugarwithaddedanti-cakingagent 0,4533
(c)Rawsugarinimmediatepackingnotexceeding5kilogramsnet
ofproduct 40,27(')
(d)Otherrawsugar 0
(')Applicabletorawsugarwithayieldof92%;iftheyieldisother.than92%,therefundapplicableiscalculatedinaccordancewiththeprovisionsof
Article5(3)ofRegulation (EEC)No766/68.
(2)FixingsuspendedbyCommissionRegulation(EEC)No2689/85(OJNoL255,26.9.1985,p.12),asamendedbyRegulation(EEC)No3251/85(OJNo
L309,21.11.1985,p.14).