Regulation (EEC) No 1048/71 of the Council of 25 May 1971 amending Regulation (EEC) No 766/68 laying down general rules for granting export refunds on sugar as regards adjustments to the refund

REGULATION (EEC) No 1048/71 OF THE COUNCIL  of 25 May 1971  amending Regulation (EEC) No 766/68 laying down general rules for granting export refunds on sugar as regards adjustments to the refund
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community:
Having regard to Council Regulation No 1009/67/EEC (1) of 18 December 1967 on the common organisation of the market in sugar, as last amended by Regulation (EEC) No 1253/70 (2), and in particular Article 17 (2) and (3) thereof;
Having regard to the proposal from the Commission;
Whereas Article 12 of Council Regulation (EEC) No 766/68 (3) of 18 June 1968 laying down general rules for granting export refunds on sugar, as last amended by Regulation (EEC) No 2488/69 (4), provides for the export refund fixed in advance to be precisely adjusted if certain Community prices for sugar and molasses are altered during the period of advance fixing : whereas this provision has proved too inflexible ; whereas Article 12 should therefore be amended to make it possible for a decision to be taken on the appropriate adjustment.