No L 179/20 Official Journal of the European Communities 3. 7. 86 COMMISSION REGULATION (EEC) No 2079/86 of 30 June 1986 | afnending Regulation (EEC) No 1729/78 as regards the application of the system of production refunds in the sugar sector as from the 1986/87 marketing year THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 1785/81 of 30 June 1981 on the common organization of the markets in the sugar sector ('), as last amended by Regula- tion (EEC) No 934/86 (3, and in particular Article 9 (6) thereof, Whereas Article 1 (4) of Council Regulation (EEC) No 1010/86 of 25 March 1986 laying down general rules for the production refund on certain sugar products used in the chemical industry (°) lays down that the refund shall be fixed periodically ; whereas provision should therefore be made for the refund to be fixed quarterly; whereas Article 4 of Regulation (EEC) No 1010/86 provides for a reference period to be defined and recordings to be made in order to determine the price of sugar on the world market and the price of glucose in the Community; whereas, since refunds are fixed on a quarterly basis, it is appropriate that reference periods of about three months should be introduced to this effect; Whereas the surpluses of sugar sold on the markets of third countries are disposed of almost entirely by means of invitations to tender ; whereas, therefore, the weighted average of export refunds fixed by means of the said tendering procedure during the reference period in ques- tion should be implemented for the purpose of determi- ning the price of sugar on the world market used to fix the production refund; Whereas, in order to calculate the price of glucose in the Community, reference should be made to objective figures such as the price quotations for maize on the Bordeaux and Bayonne markets during the reference period in question and account should be taken, in a flat rate manner for the Community as a whole, of the preli- minary costs in the place of production until free-at- factory delivery at the plant where processing into glucose takes place ; Whereas Article 4 (1) of Regulation (EEC) No 1010/86 lays down that the amount of the production refund is to be fixed taking into account the price of Community sugar, the world market price for white sugar and the price of glucose ; whereas Article 4 (3) of the said Regula- tion stipulates that, as from the 1988/89 marketing year, () OJ No L 177, 1. 7. 1981, p. 4. () O] No L 87, 2. 4. 1986, p. 1. () O] No L 94, 9. 4. 1986, p. 9. the price of sugar to be used for calculating the produc- tion refund must be adjusted taking into account any difference between the world market price for white sugar and the price of glucose; whereas, to this effect, the appropriate detailed rules of application must be laid down and Commission Regulation (EEC) No 1729/78 of 24 July 1978 laying down detailed rules of application in respect of the production refund for sugar used in the chemical industry (*) amended accordingly ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee on Sugar, HAS ADOPTED THIS REGULATION : Article 1 Regulation (EEC) No 1729/78 is hereby amended as follows : ' 1. Article 1 is replaced by the following : Article 1 1. The production refund for white sugar shall be fixed quarterly for the periods beginning 1 July, 1 October, 1 January and 1 April. 2. For the purpose of the fixing referred to in para- graph 1, the words “reference period” shall be under- stood to mean : (a) for the recording of export refunds for white sugar used to determine the price of sugar on the world market as referred to in Article 4 (4) (a) of Regula- tion (EEC) No 1010/86; and (b) for the recording of the price of maize on the Community market used to determine the price of glucose referred to in Article 4 (4) (b) of the above- mentioned Regulation, the period beginning on the first day of the quarter immediately preceding each of the dates referred to in paragraph 1 and ending on the 15th day of the last month of the same quarter. 3. As regards the price of sugar on the world market, the average referred to in Article 4 (4) (a) of Regulation (EEC) No 1010/86 shall be the weighted average of the export refunds for white sugar fixed on (9 OJ No L 201, 25. 7. 1978, p. 26.