NoL197/14 19.7.74 OfficialJournaloftheEuropeanCommunities
REGULATION (EEC)No1867/74OFTHECOMMISSION
of18July1974
fixingtherefundsapplicabletocerealsandwheatorryeflourgroatsandmeal
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 ;
Whereasitfollowsfromapplyingtherulesoutlined
abovetothepresentsituationonthemarketin
cereals,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
worldmarket,thattherefunds,shouldbefixedas
shownintheAnnextothisRegulation ;
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 .
Article2
ThisRegulationshallenterintoforceon19July
1974.
(1)OJNo117,19.6.1967,p.2269/67.
(2)OJNoL141,28.5.197.3.p.8. (4)OJNo128,27.6.1967,p.2574/67.
(>)OJNo125,26.6.1967,p.2453/67. (5)OJNoL168,27.7.1971,p.16.

19.7.74 NoL197/15 OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,18July1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

NoL197/16 OfficialJournaloftheEuropeanCommunities 19.7.74
ANNEX
totheCommissionRegulationof18July1974fixingtherefundsapplicabletocereals
andwheatorryeflourgroatsandmeal
CCTHeading
No Descriptionofproducts Refund
o
010.01A
10.01B
10.02
10.03
10.04
10.05B
10.07C
ex11.01ACommonwhea<-andmeslin
Durumwheat
Rye(»)
Barley
Oats
Maize(otherthanhybridmaizeforsowinR)
Grainsorghum
Wheatflour:
—ofanashcontentof0to520
—ofanashcontentof521to600
—ofanashcontentof601to900
—ofanashcontentof901to1100
—ofanashcontentof1101to1650
—ofanashcontentof1651to1900
«*11.01B
0
0
0
0
11.02AI•Ryeflour:
—ofanashcontentof0to700
—ofanashcontentof701to1150
—ofanashcontentof1151to1600
—ofanashcontentof1601to2000
Durumwheatgroatsandmeal:
—ofanashcontentof0to950
—ofanashcontentof951to1300
—ofanashcontentof1301to1500
Commonwheatgroatsandmeal:
—ofanashcontentof0to52011.02A1b
(')TherefundisgrantedsolelyinrespectofryewhichhasnotbeendenaturedpursuanttoArticle7(3)and(5)ofRegu­
lationNo120/67/ECC.
TheamountbywhichtherefundmaybeincreasedpursuanttoArticle1ofRegulationNo587.
67/EECis2u.a./ton.