NoL92/9 6.4.78 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No676/78
of5April1978
fixingtherefundsonwhitesugarandrawsugarexportedinthenaturalstate
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
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)No2560/77(2),andinparticularthe
firstsentenceofthelastsubparagraph ofArticle19(2)
thereof,
HavingtegardtotheopinionoftheMonetary
Committee ,
WhereasArticle19ofRegulation (EEC)No3330/74
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1(l)(a)ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasCouncilRegulation (EEC)No766/68of18
June1968layingdowngeneralrulesforgranting
exportrefundsonsugar(3),aslastamendedbyRegula­
tion(EEC)No1489/76(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)No394/70of2M?rch1970on
detailedrulesforgrantingexportrefundsonsugar(6),
asamendedbyRegulation (EEC)No1467/77(7);HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1(1)(a)
ofRegulation (EEC)No3330/74,undenaturedand
exportedinthenaturalstate,areherebyfixedatthe
amountsshownintheAnnex.
(!)OJNoL359,31.12.1974,p.1,
(2)OJNoL303,28.11.1977,p.1.
(3)OJNoL143,25.6.1968,p.6.
(4)OJNoL167,26.6.1976,p.13.Article2
ThisRegulationshallenterintoforceon6April
1978.(5)OJNoL89,10.4.1968,p.3.
(<>)OJNoL50,4.3.1970,p.1.
(7)OJNoL162,1.7.1977,p.6.

NoL92/10 OfficialJournaloftheEuropeanCommunities 6.4.78
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,5April1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof5April1978alteringtherefundsonwhitesugarandraw
sugarexportedinthenaturalstate
(u.a./100kg)
CCT
heading
NoDescription Refund
17.01 Beetsugarandcanesugar,solid:
A.Whitesugar;flavouredorcolouredsugar 20.00
B.Rawsugar:
(a)Candysugar 20.93(•)
(b)Otherrawsugar 16.50(')
(')Applicabletorawsugarwithayieldof92%;iftheyieldisotherthan92%,therefund,applicableiscalculatedinaccordancewith
theprovisionsofArticle5(3)ofRegulation(EEC)No766/68.