9.3.73 OfficialJournaloftheEuropeanCommunities NoL64/1
I
(Actswhosepublicationisobligatory)
REGULATION (EEC)No648/73OFTHECOMMISSION
of1March1973
layingdowndetailedrulesfortheapplicationof'monetary'compensatory amounts
andthirdcountries;whereas(a)nowappliesto
GermanyandtheBeneluxcountrieswhile(b)applies
toFranceandItaly;
Whereas,pursuanttoArticle1(la)ofthesame
Regulation,ifanexchangerateotherthanthat
corresponding totheparityofthecurrencyofa
MemberStateisusedforthepurposeofconversions
betweenunitsofaccountandthatcurrency,Article
1(1)appliesbyanalogywhere,forthecurrencyin
question,theaveragespotmarketrateduringa
periodtobedetermineddiffersbyatleast1%from
theexchangerateused;whereasthisappliesat
presenttotheEnglishpoundandtheIrishpound;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
974/71(*)of12May1971oncertainmeasuresof
conjunctural policytobetakeninagriculture
followingthewideningofthemarginsoffluctuation
forthecurrenciesofcertainMemberStates,aslast
amendedbyRegulation (EEC)No509/73(2),and
inparticularArticle6thereof;
HavingregardtotheOpinionoftheMonetaryCom­
mittee;
WhereasArticle1(1)ofRegulation (EEC)No974/71
providesthatif,forthepurposesofcommercial
transactions ,aMemberStateallowstheexchange
rateofitscurrencytofluctuatebyamarginwider
thantheonepermittedbytheinternationalrulesin
forceon12May1971,
(a)theMemberStatewhosecurrencyhasappreciated
bymorethanthemarginoffluctuationshould
levycompensatory amountsonimportsandgrant
compensatory amountsonexports,
(b)theMemberStatewhosecurrencyhasdepreciated
bymorethanthemarginoffluctuationshould
levycompensatory amountsonexportsandgrant
compensatory amountsonimports
ofagriculturalproductsandproductsobtainedfrom
agriculturalproductsintradewithMemberStatesWhereas,however,pursuanttoArticle2aofthat
Regulation,thecompensatory amountsthuscalculated
foreachMemberStatearesubtractedfromeach
otheroraddedtoeachotherasthecasemaybe;
whereastheyareleviedonimportsorgrantedon
exportsbythatMemberStateofthetwoMember
Statesconcernedwhosecurrencyhasappreciated
mostordepreciatedleastinrelationtothepercentage
differencesusedtocalculatecompensatory amounts;
Whereasitshouldbestressedthatcompensatory
amountsareessentiallyquitedifferentfromlevies
andrefunds;
Whereas,forthepurposeofapplyingArticle1(la)
andArticle2(1)ofthatRegulation,itisnecessary
tospecifytheperiodduringwhichthespotmarket
rateswhichwillultimatelybeaveragedforthe
purposeofcalculatingcompensatory amountsshould
berecorded;whereastheperiodchosenmustbe
sufficientlyrepresentative ofthemovementof
exchangeratesandatthesametimeallowthese
ratestobefollowedascloselyaspossiblewhen(»)OJNoL106,12.5.1971,p.1.
(2)OJNoL50,23.2.1973,p.1.

9.3.73 NoL64/2 OfficialJournaloftheEuropeanCommunities
compensatory amountsarefixed;whereasinprinciple
aperiodof7dayschoseninthelightofadministrative
considerations wouldserve;declaredtheirunwillingness toapplycompensatory
amountsintradewitheachother;whereas,asfar
astradeisconcerned,thisarrangement made
withintheframeworkoftheeconomicunionbetween
Belgium,LuxembourgandtheNetherlandscannot
operateproperlyunlessthecompensatory amounts
applicableinthesethreeMemberStatesareidentical;
whereasanarrangementshouldthereforebemade,
pursuanttoArticle233oftheTreaty,whereby
uniformcompensatory amountscouldbefixedfor
thesethreeMemberStates;whereastheyshouldbe
consideredasasingleMemberState;
Whereas,intheinterestsofharmonization ,theday
ofimportation forthepurposeofapplying
compensatory amountsshouldbethedayof
importationusedforthepurposeofdetermining
customsdutiesandleviesandthedayofexportation
shouldbethedayofexportationusedforthepurpose
ofdeterminingexportrefunds;
Whereas,beforethecompensatory amountcanbe
paidinrespectofaproductexportedtoanother
MemberState,proofmustbegiventhattheproduct
hasleftthegeographicalterritoryoftheMember
Stateinwhichcustomsexportformalitieswere
completed ;Whereasthemostrepresentative spotmarketrates
shouldbeusedforthecalculation ;
Whereascalculationofcompensatory amounts
shouldbebasedonsingleprices;whereasthis
solutiondoeshoweverposeproblemsintradein
agriculturalproductswiththenewMemberStates
wherepricelevelsare,generallyspeaking,lower
thanthesinglepricesrulingintheoriginalMember
States;whereasthisdifferenceiscompensated by
thecompensatory amountsintroducedbyArticle55
oftheAct0)annexedtotheTreaty(2)concerning
theAccessionofnewMemberStatestotheEuropean
EconomicCommunityandtheEuropeanAtomic
EnergyCommunity ,signedatBrusselson22January
1972,or,wherethelevyislessthanthese
compensatory amounts,byanamountapplicableby
wayofcompensatory amount(bothoftheseamounts
arereferredtohereinafter as'"accession"
compensatory amounts');whereasallowancemustbe
madeforthissituationbyincreasingorreducingthe
'accession'compensatory amountinthelightofthe
monetarysituationoftheMemberStatesinquestion;
Whereasthesituationasregardstradewiththird
countriesissomewhatanalogoustothatoftrade
withthenewMemberStates;whereasthesame
methodofcalculationshouldthereforebeused;
WhereasArticle4a(2)ofRegulation (EEC)No
974/71limitsthe'monetary'compensatory amount
applicableasaresultofthedepreciationofa
currencytothelevelofchargesleviedonimports
fromthirdcountries;whereas,toensurethatthis
provisioniscompliedwith,provisionmustbemade
forthefixingatregularintervalsbytheCommission
oftheamountbywhichthe'monetary'compensatory
amountshould,whereappropriate,bereduced;
WhereasBelgo-Luxembourg EconomicUnionandthe
Netherlandshaveagreedtomaintainbetweentheir
currenciesthemarginsoffluctuationvalidbefore
9May1971;whereas,therefore,fortheseMember
Statesthewideningofthemarginsoffluctuation
onlyeffectstradewithotherMemberStatesandthird
countries,intra-BLEUtradeandtradebetweenBLEU
andtheNetherlandsbeingunaffected ;whereasthe
MemberStatesinquestionhaveforthisreasonWhereasthesystemprovidedforbythisRegulation
canonlyapplytoproductswhichareinfree
circulationwithintheCommunity ;whereasproducts
inrespectofwhichacompensatory amountis
grantedonexportmustbeofaqualitywhichper­
mitsoftheirbeingmarketedundernormalcon­
ditions;
Whereas,ifthecompensatory amounttobeapplied
istovaryaccordingtoMemberState,provenance
anddestination,itwillbenecessarytoverifywhich
compensatory amounthasbeenappliedtoagiven
product;whereas,tothisend,itisessentialthat
specialparticularsbeenteredonthemovement
documents;
Whereas,foradministrative reasons,applicationsfor
paymentofcompensatory amountsmustbelodged
withinareasonableperiodoftime;
Whereastheimportchargeoncertainagricultural
productssubjecttothecompensatory amounts
systemisincreasedifalowerpricelimitisnot
respectedonimportation ;(>)OJNoL73,27.3.1972,p.14.
(2)OJNoL73,27.3.1972,p.5.

9.3.73 OfficialJournaloftheEuropeanCommunities NoL64/3
Whereas,inviewoftheobligationtoapplythe
paritiesdeclaredtotheInternationalMonetaryFund,
thismeansthatwhenacurrencyappreciatestheprice
ot"theseproductsisincreased;whereasthepricein
questionexpressedinthecurrencyofMemberStates
whichhavetakenthemonetarymeasuresinquestion
isincreasedinrelationtothatpriceexpressedinthe
currencyofthirdcountriesandwhereas,inaddition,
acompensatory amountisleviedonimportation ;
whereaswhenacurrencydepreciatesontheother
hand,thereisadangerthatthelowerpricelimit
willnotberespected;WhereasCommission Regulation (EEC)No
1013/71("')of17May1971layingdowndetailed
rulesfortheapplicationofRegulation (EEC)No
974/71oncertainmeasuresofconjuncturalpolicyto
betakeninagriculturefollowingthetemporary
wideningofthemarginsoffluctuationforthecur­
renciesofcertainMemberStates,aslastamendedby
Regulation (EEC)No449/73(6),whichhasbeen
amendedonnumerousoccasions,shouldbereplaced
byaconsolidatedtextwhichwouldretainonlythose
provisionswhichstillapply;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththe'Opinionsofthe
Management CommitteesforFruitandVegetables,
forWine,forOilsandFats,forCereals,forPigmeat,
forPoultrymeatandEggs,forSugar,forMilkand
MilkProducts,forBeefandVeal,forProducts
ProcessedfromFruitandVegetables,forTobacco,
forFlaxandHemp,andforFishervProducts;Whereasthisdifficultycouldbeovercomebythe
introductionofanarrangementwherebythislower
pricelimitwouldberegardedashavingbeen
respectedwheretheofferpriceofaproductsupplied,
plusasumreflectingtheincidenceofthemonetary
situationonthelimitinquestion,doesnotfallbelow
thatlimit;
HASADOPTED THISREGULATION :
WhereasArticle14ofCouncilRegulation (EEC)No
805/68(')of27June1968onthecommon
organizationofthemarketinbeefandveal,aslast
amendedbyRegulation (EEC)No187/73(2),provides
forthetotalsuspensionofthelevyonimportsof
fro7.cnmeatintendedforthemanufacture ofcertain
preservestoensurethattheCommunityprocessing
industrycanprocuresatisfactorysupplies;
Whereas,largelybecausetherearenocompensatory
amountsforproductsmanufactured fromthismeat,
theCommunityprocessingindustryhasbeenplaced
atadisadvantage vis-a-visprocessingindustriesin
thirdcountries;whereasthissituationshouldbe
correctedbysuspendingthelevyingofcompensatory
amountsonthismeat;Article1
ThisRegulationlaysdowndetailedrulesforthe
applicationofthesystemofcompensatory amounts
(hereinaftercalled'"monetary"compensatory
amounts')introducedbyArticle1ofRegulation
(EEC)No974/71.
Article2
Theperiodreferredtointhesecondsubparagraph
ofArticle1(la)andthesecondindentofArticle2
(1)ofRegulation (EEC)No974/71shallrunfroma
ThursdaytothefollowingWednesday .Thefirst
periodtobetakenintoconsideration shallbe15to
21February1973.
Article3
ThefollowingspotmarketratesagainsttheUSdollar
shallbeusedforthepurposeoffixingcompensatory
amounts :
(a)fortheBelgianfrancandtheLuxembourgfranc:
theaverageofficialratefixedeachworkingday
duringofficialdealinghoursontheBrussels
foreignexchangemarket;Whereasthissuspensionshouldbesubjecttothe
introductionofarrangements toensurethatthemeat
isinfactprocessed;whereasthearrangements
providedforinCouncilRegulation (EEC)No888/68
of28June1968(3)layingdowngeneralruleson
specialimporttermsforcertainfrozenmeatsintended
forprocessing,aslastamendedbyRegulation (EEC)
No2725/71(4),couldbeusedforthispurpose,
provisionbeingmadeforthelodgingofadeposit
equaltothecompensatory amount;
(!)OJNoL148,28.6.1968,p.24.
(2)OJNoL25,30.1.1973,p.23.
(;i)OJNoL156,4.7.1968,p.7.
(4)OJNoL282,23.12.1971,p.5.(5)OJNoL110,18.5.1971,p.8.
(")OJNoL52,25.2.1973,p.1.

NoL64/4 OfficialJournaloftheEuropeanCommunities 9.3.73
(b)fortheGermanmark:theaverageofficialrate
fixedeachworkingdayduringofficialdealing
hoursontheFrankfurtforeignexchangemarket;
(c)fortheFrenchfranc:theaverageofficialrate
fixedeachworkingdayduringofficialdealing
hoursontheParisforeignexchangemarket;
(d)fortheItalianlira:themeanoftheofficialrates
fixedeachworkingdayduringofficialdealing
hoursontheRomeandMilanforeignexchange
markets;
(e)fortheDutchguilder:theaverageofficialrate
fixedeachworkingdayduringofficialdealing
hoursontheAmsterdamforeignexchangemarket;
(f)fortheEnglishpoundandtheIrishpound:the
averageratesrecordedatnoonontheforeign
exchangemarketsoftheseMemberStates.—ifan'accession'compensatory amountapplies,
thisshallbemultipliedbyacoefficientbased
onthe'accession'compensatory amounts
applicableintradewiththeCommunity as
originallyconstitutedandtheactualratio
betweenthetwocurrenciesinquestion;by
wayofderogationfromthisprovision,
however,the'accession'compensatory amount
shallbeincreasedorreducedasthecasemay
beintradebetweennewMemberStatesby
anamountbasedonthe'accession'
compensatory amountapplicableintradewith
theCommunityasoriginallyconstitutedand
theactualratiobetweenthetwocurrencies
inquestion;
(b)intradewiththirdcountries,importchargesand
refundsfixedinunitsofaccountshallbe
multipliedbyacoefficientwhichreflectsthe
monetarysituationoftheMemberStatein
question.Thiscoefficientshallnotbefixedin
advance.
Article6
1.ForthepurposesofapplyingArticle4a(2)of
Regulation (EEC)No974/71theCommissionshall
fixtheamountsbywhichthe'monetary'com­
pensatoryamountsaretobe'adjusted'.
2.Theamountsfixedpursuanttoparagraph 1
shallbealteredatregularintervalsifthisisrendered
necessarybychangesinthechargeonimportsfrom
thirdcountries.Article4
1.Forthepurposeofcalculatingthecompensatory
amountsapplicableinBLEUandtheNetherlands ,
thepercentagereferredtoinArticle2(1)of
Regulation (EEC)No974/71shallbeestablishedon
thebasisofthearithmeticmeanofthedifference
referredtointhatparagraphfortheBelgianfranc
andthesamedifferencefortheDutchguilderduring
theperiodinquestion.
2.Compensatory amountsshallnotapplyinintra­
BLEUtradeorintradebetweenBLEUandthe
Netherlands .
Article7
1.Intradewiththirdcountriesprovisionscon­
cerningthegrantingofexportrefundsandthe
chargingofcustomsdutiesandleviesshallapplyto
'monetary'compensatory amounts.
2.IntradebetweenMemberStates,Articles3to9
shallapply.
Article8
1.Thecompensatory amounttobegrantedshall
betheamountapplicableonthedayofexportation .
Thecompensatory amounttobeleviedshallbethe
amountapplicableonthedayofimportation .
2.Forthepurposesofdeterminingthecom­
pensatoryamounttobegranted,thedayofex­ArticleS
1.Abasiccompensatory amountshallbefixedfor
eachMemberState-forwhichtheconditionssetout
inArticle1ofRegulation (EEC)No974/71are
fulfilled.
2.Thisbasicamountshallapplyintradebetween
theMemberStatesandintradewiththirdcountries .
3.However,
(a)inintra-Community trade:
—iftheconditionssetoutinArticle1of
Regulation (EEC)No974/71arefulfilledin
respectoftwoMemberStates,thebasic
amountshallbemultipliedbyacoefficient
basedontheactualratiobetweenthetwo
currenciesinquestion;

9.3.73 OfficialJournaloftheEuropeanCommunities NoL64/5
portationshallbethedayonwhichthecustoms
authoritiesaccepttheexporter'sdeclarationofhis
intention,conditionaluponreceiptofacompensatory
amount,toexportaCommunityproducttoanother
MemberState.Followingsuchacceptance,the
productsshallbeplacedundercustomscontroluntil
theyleavetheterritoryoftheexportingMember
State.
Customsexportformalitiesshall,forthepurposesof
thisRegulation,beregardedashavingbeencom­
pletedwhenthedeclarationreferredtoabovehas
beenaccepted.
Therelevantdateforestablishingthequantity,nature
andcharacteristics oftheproductexportedshallbe
thedateonwhichcustomsexportformalitiesare
completed .
3.Forthepurposeofdeterminingthecompensatory
amounttobelevied,thedateofimportationshallbe
thedateusedfordeterminingcustomsdutiesand
levies.
Article9
1.Paymentofacompensatory amountshallbe
conditionaluponproofthattheproductinrespect
ofwhichcustomsexportformalitieshavebeencom­
pletedhasleftthegeographicalterritoryofthe
MemberStateinwhichtheformalitieswerecom­
pleted.
2.However,wherethecompensatory amountto
begrantedonexportstoanotherMemberStateis
higherthanthecompensatory amount,plusrefund,
tobegrantedonexportstothirdcountries,payment
shallfurthermorebeconditionalonproofthatimport
formalitieshavebeencompletedandthatdutiesand
chargeshavingequivalenteffectduehavebeen
chargedintheMemberStateofdestination .
Theproofreferredtointheprecedingparagraph
shallbefurnishedbyproductionofacustoms
c'ocumcntdrawnupinthecountryofdestinationor
ofacopyorphotocopyofsuchdocument,certified
tobeatruecopybythecompetentauthorities .
Article10
1.Compensatory amountsshallbeleviedand
grantedonlyinrespectofproductswhichareinfree
circulationwithintheCommunity .Wherethepro­
ductsinvolvedarecompositeproductsoraregoods
forwhichacompensatory amountisfixedby
referencetooneormorecomponentsthereof,the
compensatory amountshallapplytothatofthose
componentswheresuchcomponentssatisfythecon­
ditionlaiddownintheprecedingsentence.2.Nocompensatory amountshallbegrantedfor
productswhicharenotofsoundandfairmarketable
quality,orforproductswhichareintendedfor
humanconsumption whosecharacteristics orstate
renderthemwhollyorpracticallyunsuitableforthat
purpose .
Article11
1.Intradeinproductsinrespectofwhichacom­
pensatoryamountispayable,section32ofthe
relevantCommunitytransitdocumentshallinclude
oneofthefollowingentries:
—montantcompensatoire 'monetaire'(Etatmembre
dedepart/Etatmembrededestination )
—monetaertudligningsbelob (Afsendelsesmedlems ­
stat/Bestemmelsesmedlemsstat )
—'Wahrungsausgleichsbetrag '(Abgangsmitglied­
staat/Bestimmungsmitgliedstaat )
—'monetary'compensatory amount(MemberState
ofdeparture/MemberStateofdestination )
—importocompensative 'monetario'(Statomembro
dipartenza/Statomembrodedestinazione )
—compenserend bedrag'monetair'(Lid-Staatvan
vertrek/Lid-Staatvanbestemming).
WhereamovementcertificateDD3isused,oneof
theaboveentriesmustbemadeonpage2ofthe
certificate .
2.WhereCommissionRegulation (EEC)No304/71
appliestocarriageoftheproductsinquestion,the
entryrequiredunderparagraph 1aboveshallbe
madeinthe'Descriptionofgoods'sectionofthe
International Consignment Note(CIM)oronthe
InternationalExpressParcelsConsignmentNote(TI
Ex)asappropriate .Thisentryshallbeauthenticated
bythestampofthecustomsofficeofdeparture .
3.Where,inthecaseofproductsinrespectof
whichacompensatoryamountispayable,therelevant
Communitytransitdocument,InternationalConsign­
mentNote(CIM)orInternational ExpressParcels
ConsignmentNote(TIEx)hasbeenreplacedbya
newdocument,theentrymadeontheolddocument
shallappearinthesameplaceonthenewdocument.
4.ProductsintroducedintoaMemberStateother
thanthatindicatedastheMemberStateofdesti­
nationonthetransitdocumentsspecifiedinpara­
graphs1and2shallbeconsidered :
—ascomingfromtheMemberStateofdeparture
iftheentriesmadepursuanttoparagraph1show
thatthecompensatory amountshouldbelevied
bytheMemberStateindicatedastheMember
Stateofdestination ;
ascomingfromtheMemberStateofdestination
iftheentriesmadepursuanttoparagraph1show

NoL64/6 OfficialJournaloftheEuropeanCommunities 9.3.73
thatthecompensatory amountshouldhavebeen
grantedbytheMemberStateofdeparture .
However,whereArticle9(2)isapplied,theproducts
shallbeconsideredascomingfromtheMember
Stateofdeparture.
Article12
Paymentofcompensatory amountstobegrantedshall
bemadeonlyonreceiptofawrittenapplicationfrom
thepersonconcerned .MemberStatesmaydrawup
aspecialformforthispurpose.
Article13
Theapplicationforpaymentofacompensatory
amountmustbesubmitted,saveincasesofforce
majeure,withinthesixmonthsfollowingthedate
ofcompletionofcustomsformalities,failingwhich
itcannotbeaccepted.
Article14
1.Asregardsimportsfromthirdcountries :
(a)sluice-gatepricesforpigmeat,eggs,poultry­
meatandalbumins;
(b)free-at-frontier valuesformilkandmilkproducts
fallingwithinsubheadingsNos04.04EI(b)2,
04.04EI(b)and04.04EI(b)4oftheCom­
monCustomsTariff,and
(c)referencepricesforwine,
shallberegardedashavingbeenrespcctediftheoffer
pricefortheproductinquestion,increasedwhere
thecurrencyoftheimportingMemberStatehas
appreciatedandreducedwherethatcurrencyhas
depreciatedby:
—theamountreferredtoinparagraph2,
andincreased
—inthecaseofwine,bycustomsduties,
isnotlowerthantherelevantsluice-gateprice,free­
at-frontiervalueorreferenceprice.
2.Theamountreferredtointhefirstindentof
paragraph 1shallbecalculatedbymultiplyingtherelevantsluice-gateprice,free-at-frontier valueor
referencepricebyacoefficientcorresponding tothe
percentageappreciationordepreciationofthecur­
rencyoftheimportingMemberState.
ArticleIS
1.Thecompensatory amountleviedonimports
fromthirdcountriesisherebysuspendedforproducts
fallingwithinsubheadingsNos02.01AII(a)2(bb)
and02.01AII(a)2(dd)22oftheCommonCustoms
Tariffintendedforthemanufactureofthepreserves
referredtointhefirstsubparagraph ofArticle14(2)
ofRegulation (EEC)No805/68.
2.TheprovisionsofArticle1ofRegulation (EEC)
No888/68shallapplytothesuspensionprovidedfor
inparagraph1.
However,theamountofthedepositassociatedwith
thecompensatory amountshallequalthecom­
pensatoryamountinforceonthedayofimportation .
Article16
Regulation (EEC)No1013/71isherebyrepealed.
Article17
ThisRegulationshallenterintoforceonthethird
dayfollowingitspublicationintheOfficialjournal
oftheEuropeanCommunities .
However,theamountsresultingfromitsapplication
shallapplyfrom26February1973.
Bywayofderogationfromtheprecedingparagraph
theseamountsshall,attherequestofthepartycon­
cerned,applyfrom13February1973ifapplication
ofthisRegulationleadsto
(a)thegrantingof:
—compensatory amountswhicharehigherthan
thoseapplicableuntilthisRegulationenters
intoforce;
or
—newly-introduced compensatory amounts;
(b)thelevyingofimportchargeswhicharelower
thanthe'monetary'compensatory amountsap­
plicableuntilthisRegulationentersintoforce.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,1March1973.
FortheCommission
ThePresident
Francois-Xavier ORTOL1