25. 10. 74 Official Journal of the European Communities No L 288/1 (Acts whose publication is obligeatory) REGULATION (EEC) No 2681/74 OF THE COUNCIL of 21 October 1974 on Community financing of expenditure incurred in respect of the supply of agricultural products as food aid THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Articles 43 and 209 thereof ; Having regard to the proposal from the Commission ; Having regard to the Opinion of the European Parlia- ment (1) ; Whereas the Community grants food aid to deve- loping or disaster-stricken countries and guarantees the financing thereof ; Whereas under present rules this expenditure is financed in various ways depending on the products and the conditions, being cither totally chargeable to Title 9 (Chapter on ‘Food-aid expenditure’) of the General Budget of the European Communities or to the Guarantee Scction of the European Agricultural Guidance and Guarantee Fund, or partially to cach; Whereas this situation makes it impossible to obtain a clear picture of the cost ot the common market policy in the sectors concerned or of the cost of the food-aid policy ; whercas, morcover, it complicates the manage- ment of appropriations, since expenditure has to be charged cither to the Guarantee Section of the EAGGF or to Title 9 (Chapter on ‘Food-aid expendi- ture’) of the Budget, or partially to cach ; Whereas the terms of Community financing of expen- diture incurred in supplying agricultural products as food aid should be harmonized in the various scctors and the present rules therefore amended ; Whereas the Community should finance the value of the goods and the expenditure incurred in the various stages of implementation for which the Community is responsible by virtue of the provisions governing the said supplics, with the exception of any administrative expenditure effected by Member States ; (") OJ No C 23, 8 3. 1974, p. 62. N Whereas expenditure corresponding to refunds should be charged to the Guarantee Section of the EAGGF and other expenditure should be entered under Title 9 Whereas, in order to facilitate the implementation of Community food-aid measures, it is desirable to insti- tute a system of advance payments for expenditure under Title 9 of the Budget, modelled on that esta- blished for the EAGGF; Whereas provision should be made for implementing rules to be laid down, should they prove necessary, HAS ADOPTED THIS REGULATION : Article 1 Community tinancing shall be provided for all expen- diture, other than administrative expenditure, incurred in respect of the supply of agricultural products by the Community as food aid pursuant to Council Regula- tions or in fulfilment of obligations arising from conventions  and  agreements  concluded by the Council, which devolves on the Community by vitue of the provisions governing the said supplies. This system shall apply to the expenditure referred to in the preceding paragraph. ctfected by Member States as from 1 January 1975 Article 2 I. That portion of cxpenditure which corresponds to the export refunds fixed in this connection in accor- dance with Community rules shall be charged to the Guarantee Section of the EAGGF. 2. The expenditure referred to in Article 1, apart trom the refunds mentioned in paragraph 1, shall be