This paper reports a measurement of the differential photoneutron cross section of C12 at 65°, between E=30 and 100 MeV. Tagged photons, monochromatic to within 2.6 MeV, were used, thus allowing the cross sections to a wide range of final states to be observed. The results are compared to the photoproton cross section of C12, which was measured previously, under similar conditions. Comparisons are also made with calculations based on the quasi-deuteron model, and with calculations by Gari and Hebach, and Cavinato et al. These latter calculations incorporate two-body effects by the inclusion of meson exchange currents. The agreement between these calculations and the measured cross section is in contrast to predictions of a direct, single-nucleon knockout model of the reaction mechanism, indicating the importance of two-body effects in the photoreaction process for energies greater than 50 MeV.