OfficialJournaloftheEuropeanCommunities 99
2464/67 OFFICIALJOURNALOFTHEEUROPEANCOMMUNITIES 26.6.67
REGULATION (EEC)No144/67OFTHECOUNCIL
of21June1967
ongeneralrulesforgrantingrefundsonexportsofsugartothirdcountries
THECOUNCILOFTHEEUROPEAN COMMUNITIES ,Whereasthemaximumamountsoftherefundshould
bedeterminedonthebasisofthedifferenceexisting
forwhitesugarandrawsugarrespectivelybetween
pricesonthedomesticmarketandpricesonthe
worldmarket;whereas,inthecaseoftheproducts
referredtoinArticle1(2)(c)ofRegulationNo
44/67/EECforwhichcorresponding pricesarenot
available,maximumamountsoftherefundshouldbe
determinedonthebasisofthemaximumamount
calculatedforwhitesugar;
Whereastheperiodofvalidityofthemaximum
amountoftherefundmustbelimitedonaccountof
thefluctuationofpricesonthesugarmarket;
whereas,therefore,provisionshouldbemadefor
periodicfixingofthemaximumamount,allowingfor
thepossibilityofalterationsintheinterveningtime;
HASADOPTEDTHISREGULATION :
Article1HavingregardtotheTreatyestablishingthe
EuropeanEconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
44/67/EEC1of21February1967oncertainmeasures
ofcommonorganisationofthemarketinsugarfor
the1967/68marketingyear,andinparticularArticle
5(2)thereof;
HavingregardtotheproposalfromtheCommission ;
Whereas,inpursuanceofArticle5(2)ofRegulation
No44/67/EEC,theCouncilmustadoptgeneralrules
forgrantingrefundswhenproductsreferredtoin
Article1(2)(a)and(c)ofthatRegulationare
exportedunalteredtothirdcountries,andthecriteria
forfixingthemaximumamountthereof;
Whereas,inrespectofthefixingbyMemberStatesof
theamountoftherefundforaspecificexportation,
provisionshouldbemadefordifferentmethodsof
proceduretotakeaccountoftraderequirements ;
whereas,tothisend,thereshouldbelaiddowna
procedurewherebytherefundisestablishedforthe
dateofexportation,anadvancefixingprocedure
underwhichtherefundremainsvalidforacertain
lengthoftime,andaprocedureforinvitationsto
tender;
Whereas,inordertoobtainthelowestrefundfor
exportsoftheproductsfallingwithinheadingNo
17.01underthelastprocedure,whichissimilarto
theadvancefixingprocedureinthatthedayof
exportationisnotknown,onlytenderswhich
correspondtothebestopportunitiesforthesaleof
beetandcanesugarontheworldmarketshouldbe
takenintoaccount;MemberStatesmayonlygrantarefundinrespectof
productsreferredtoinArticle1(2)(a)and(c)of
RegulationNo44/67/EECwhichareexported
unalteredtothirdcountries,withoutprejudicetothe
detailedrulesofapplicationprovidedforinArticle
5(3)ofthatRegulation,inaccordancewiththe
followingprovisions.
Article2
IfMemberStatesgrantarefundforaspecific
exportationtheyshallfixitsamount:
(a)aftertheexportationhasbeeneffected;or
(b)beforetheexportationiseffected:
—accordingtotheadvancefixingprocedure,or
—fortheproductsreferredtoinArticle
1(2)(a)and(c)ofRegulationNo
44/67/EEC,byaninvitationtotenderfor
export. 1OJNo40,3.3.1967,p.597/67.

100 OfficialJournaloftheEuropeanCommunities
Article3 4.TheprovisionsofArticle4concerningthe
periodofvalidityoftherefundcertificateandthe
depositshallbeapplied. WhereMemberStatesfixtherefundafterthe
exportationhasbeeneffected,theamountofthe
refundmaynotexceedthemaximumamountruling
onthedayofexportationfortheproductin
question.Article6
Article41.Themaximumamountoftherefundforthe
productsreferredtoinArticle1(2)(a)of
RegulationNo44/67/EECshallbeestablishedonthe
basisofthedifferencebetweenthethresholdprice
validintheMemberStateinquestionforthe1967/68
sugarmarketingyear,and
—forwhitesugar:thespotpricequotedonthe
ParisBourse
—forrawsugar:thespotpricequotedonthe
LondonStockExchange.
Inaddition,otherfactorsconcerningthestateofthe
worldmarketmaybetakenintoaccountwhenthe
maximumamountoftherefundisbeingestablished.
2.Themaximumamountoftherefundmayvary
accordingtodestinationifthestateofthemarketin
thethirdcountriesjustifiesthevariation.
3.However,themaximumamountoftherefund
forrawsugarmaynotexceedthemaximumamount
oftherefundforwhitesugarvalidforthedestination
inquestionandadjustedbytheyieldcoefficient.
Theyieldcoefficientshallbeequaltoonehundredth
ofthepercentagecalculatedinaccordancewiththe
provisionsofArticle6(2)ofCommissionRegulation
No97/67/EECof18May1967.1.WhereMemberStatesfixtherefundbythe
advancefixingprocedure,theamountoftherefund
maynotexceedthemaximumamountrulingonthe
daytheapplicationwassubmitted.
2.MemberStatesshallissue,onapplication,
refundcertificatesshowingtheamountoftherefund
fixedinadvance.Issueoftherefundcertificatesshall
besubjecttothelodgingofadeposittoguarantee
theobligationtoexportwithintheperiodofvalidity
ofthecertificateandthedepositshallbeforfeit,in
wholeorinpart,iftheexportationisnoteffected
withinthisperiod.
3.Thecertificateshallbevalidfromitsdateof
issueuntiltheendofthethirdmonthfollowingits
monthofissue,butitsvalidityshallnotextend
beyond30June1968.
Article5
Article7
Themaximumamountoftherefundfortheproducts
referredtoinArticle1(2)(c)ofRegulationNo
44/67/EECshallbederivedfromthemaximum
amountoftherefundforwhitesugaronthebasisof
theirsugarcontent(includingtheinvertsugar
calculatedinsucrosebyapplyingacoefficientof
0-95).1.WhereMemberStatesfixtherefundbyan
invitationtotenderforexport,theamountofthe
refundmaynotexceedthemaximumamountin
forceonthedateofpublicationoftheinvitationto
tenderforexport.
2.Therulesoftheinvitationtotenderforexport
mustensureequalaccessandtreatmentforall
personsconcerned.Thesuccessfultenderershallbe
thepersonwhosubmitsthetenderortenders
requiringthelowestrefundsforexportingthe
quantitieswhicharethesubjectoftheinvitationto
tender.However,MemberStatesshalldisregardany
tenderwhichdoesnotcorrespondtothemost
favourableopportunityfordisposalontheworld
market.
3.Inrespectofeachtenderforwhicharefundis
awarded,MemberStatesshall,afteradeposithas
beenlodged,issuearefundcertificateindicatingthe
amountoftherefund.Article8
Themaximumamountshallbevalidfortwo-week
periods,followingconsecutivelywithoutinterruption .
Itmaybealteredintheinterveningtimeifthestate
ofthemarketsorequires.
1OJNo94,19.5.1967,p.1825/67.

OfficialJournaloftheEuropeanCommunities 101
ThisRegulationshallenterintoforceonthethird
dayfollowingitspublicationintheOfficialJournal
oftheEuropeanCommunities .Article9
ThesystemprovidedforinthisRegulationshallbe
applicablefrom1July1967.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,21June1967.
FortheCouncil
ThePresident
R.VANELSLANDE