Regulation (EEC) No 433/72 of the Council of 29 February 1972 amending Regulation (EEC) No 766/68 laying down general rules for granting export refunds on sugar, as regards altering the basic amount of the refund between monthly fixings

REGULATION (EEC) No 433/72 OF THE COUNCIL  of 29 February 1972  amending Regulation (EEC) No 766/68 laying down general rules for granting export refunds on sugar, as regards altering the basic amount of the refund between monthly fixings
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 organization of the market in sugar, as last amended by Regulation (EEC) No 2727/71, 2 and in particular Article 17 (2) thereof;
Having regard to the proposal from the Commission;
Whereas Article 7 (4) 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 1048/71, 4 restricts the possibility of altering the basic amount of the refund between monthly fixings, as regards both bringing the alteration into effect and its extent ; whereas the guide used for this alteration is the difference in prices quoted on the Paris Bourse since the basic amount was last fixed ; whereas this provision, which applies to products listed in Article 1 (1) (d) of Regulation No 1009/67/EEC, does not, however, apply to products processed from sugar which are not listed in Annex II to the Treaty ; whereas no special provision is made with respect to these products should the refund be altered between monthly fixings;
Whereas the abovementioned provision has proved too rigid in view of changes in the market situation ; whereas, furthermore, in order to ensure equal treatment for similar products and to make the system clearer for processors, there should be uniform refunds for all products processed from sugar ; whereas the limitation in question should therefore be abolished;