CELEX: 31973R3420
Language: en
Date: 1973-12-20 00:00:00
Title: Regulation (EEC) No 3420/73 of the Commission of 19 December 1973 fixing the refunds on white sugar and raw sugar exported in the natural state

20 . 12 . 73                              Official Journal of the European Communities                         No L 351 / 11
                              REGULATION (EEC) No 3420/73 OF THE COMMISSION
                                                       of 19 December 1973
                fixing the refunds on white sugar and raw sugar exported in the natural state
THE COMMISSION OF THE EUROPEAN                                       Whereas the world market situation or the specific
COMMUNITIES,                                                         requirements of certain markets may make it neces­
                                                                     sary to vary the refund for sugar according to destina­
Having regard to the Treaty establishing the European                tion ;
Economic Community ;
                                                                     Whereas, in special cases, the amount of the refund
Having regard to Council Regulation No 1009/                         may be fixed by other legal means ;
67/ EEC (') of 18 December 1967 on the common
organization of the market in sugar, as last amended                 Whereas, if the refund system is to operate normally,
by Regulation (EEC) No 1 928/73 (2), and in particular               refunds should be calculated on the following basis :
the first sentence of the last subparagraph of Article
 1 7 (2) thereof ;                                                   — in the case of currencies which are maintained in
                                                                         relation to each other, at any given moment,
Having regard to the Opinion of the Monetary                             within a band of 2-25 % , a rate of exchange based
Committee ;                                                              on their effective parity ;
Whereas Article 17 of Regulation No 1009/67/EEC                      — for other currencies an exchange rate based on the
provides that the difference between quotations or                       arithmetic mean of the spot market rates of each
prices on the world market for the products listed in                    of these currencies recorded for a given period, in
                                                                         relation to the Community currencies referred to
Article 1 ( 1 ) (a) of that Regulation and prices for those
products within the Community may be covered by                          in the previous subparagraph ;
an export refund ;
                                                                     Whereas the refund must be fixed every two weeks ;
Whereas Council Regulation (EEC) No 766/68 (3) of                    whereas it may be altered in the intervening period ;
 18 June 1968 laying down general rules for granting
export refunds on sugar, as last amended by Regula­                  Whereas it follows from applying these rules to the
tion (EEC) No 881 /73 (4), provides that when refunds                present situation on the market in sugar and in parti­
on white and raw sugar, undenatured and exported in                  cular to quotations or prices for sugar within the
the natural state, are being fixed account must be                   Community and on the world market that the refund
taken of the situation on the Community and world                    should be fixed at the amounts shown in the Annex
markets in sugar and in particular of the price andcost              to this Regulation ;
factors set out in Article 3 of that Regulation ; whereas
the same Article provides that the economic aspect of                Whereas the measures provided for in this Regulation
the proposed exports should also be taken into                       are in accordance with the Opinion of the Manage­
account ;                                                            ment Committee for Sugar,
Whereas the refund on raw sugar must be fixed in
respect of the standard quality ; whereas the latter is
defined in Article 1 of Council Regulation (EEC) No                  HAS ADOPTED THIS REGULATION :
431 /68 (5) of 9 April 1968 determining the standard
quality for raw sugar and fixing the Community fron­
tier crossing point for calculating cif prices for sugar ;                                  Article 1
Whereas, furthermore, this refund should be fixed in
                                                                     The refunds on the products listed in Article 1 ( 1 ) (a)
accordance with Article 5 (2) of Regulation (EEC) No                 of Regulation No 1009/67/EEC, undenatured and
766/68 ; whereas candy sugar is defined in Commis­                   exported in the natural state, are hereby fixed at the
sion Regulation (EEC) No 394/70 (6) of 2 March 1970                  amounts shown in the Annex .
on detailed rules for granting export refunds on sugar ;
(>)  OJ  No  308 , 18 . 12. 1967, p. 1 .
(2)  OJ  No  L 199, 19 . 7. 1973, p. 7.                                                     Article 2
(3)  OJ  No  L 143 , 25 . 6. 1968 , p. 6.
(4)  OJ  No  L 86, 31 . 3 . 1973, p. 30 .
(5)  OJ  No  L 89, 10 . 4. 1968 , p. 3 .                             This Regulation shall enter into force on 20
(b)  OJ  No  L 50, 4. 3. 1970, p. 1 .                                December 1973 .
 ---pagebreak--- No L 351 / 12                           Official Journal of the European Communities                                         20 . 12 . 73
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 19 December 1973 .
                                                                                         For the Commission
                                                                                            P.J. LARDINOIS
                                                                                    Member of the Commission
                                                                   ANNEX
            to the Commission Regulation of 19 December 1973 fixing the refunds on white sugar and
                                                raw sugar exported in the natural state
                                                                                                               (u.a.1100 kg)
                    CCT
                  heading                                     Description of goods                              Refund
                     No
             17.01                     Beet sugar and cane sugar, solid :
                                       B. Undenatured :
                                            I. White sugar                                                         —
                                           II . Raw sugar :
                                                 ( a) Candy sugar                                                0Í1 )
                                                 (b ) Other raw sugar                                             —
             (*) Applicable to raw sugar with a yield of 92 % ; if the yield is other than 92 °/o , the refund applicable is
                 calculated in accordance with the provisions of Article 5 (3) of Regulation (EEC) No 766/68 .