NoL201/10 OfficialJournaloftheEuropeanCommunities 21.7.73
REGULATION (^EC)No1968/73OFTHECOUNCIL
of19July1973
layingdowngeneralrulestobeappliedintheeventofthecerealsmarketbeing
disturbed
THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,Article19ofRegulationNo120/67/EECwhenit
exceedsitbyatleast2%.
2.Thisexcessshallberegardedasbeinglikelyto
continuewhereanimbalancebetweensupplyand
demandisestablishedandwherethisimbalanceis
likelytopersist,havingregardtoforeseeableproduc­
tionandmarketpricetrends.
3.TheCommunitymarketshallberegardedas
beingdisturbedorthreatenedwithdisturbance ,asa
resultofthesituationreferredtoinparagraphs 1and
2,whereinternationaltradepricesaresohighasto
impedeimportationofproductsmentionedinArticle
2ofRegulationNo120/67/EECintotheCommunity,
orprovokeexportationofsuchproductsfromthe
Community ,eitherofwhichsituationswouldjeopar­
dizesupplieswithintheCommunity .HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(1)of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No1346/73(2),andinparticularthe
secondparagraphofArticle19thereof;
HavingregardtotheproposalfromtheCommission ;
WhereasArticle19ofRegulationNo120/67/EEC
providesthat,whenthecifpriceofoneormoreofthe
productsmentionedinArticle2ofthatRegulationis
appreciablyhigherthanthethresholdprice,andthat
situationislikelytocontinue,therebydisturbingor
threateningtodisturbtheCommunitymarket,the
necessarymeasuresmaybetaken;
Whereasthegeneralrulesforapplyingtheseprovi­
sions,andinparticularthecriteriaforestablishing
thatthecifpriceisappreciablyhigherthanthe
thresholdpriceandfordecidingwhetherthesituation
islikelytocontinue,shouldbelaiddown;
Whereas,toavoiddisturbancesontheCommunity
market,itisnecessarytoensureanadequatesupplyof
cereals;whereas,tothisend,leviescouldbecharged
onexportsandthetotalorpartialsuspensionofthe
issueofexportlicences;
Whereasitisalsonecessarytoestablishcriteriafor
calculatingtheexportlevieshavingregardtothe
economicsituation;
WhereasCommunityobligationstosupplyfoodaid
aresuchthatexportsofproductsforthatpurpose
shouldbeexcludedfromthisRegulation ;Article2
1.WheretheconditionsspecifiedinArticle19of
RegulationNo120/67/EECaremet,inaccordance
withthecriterialaiddowninArticle1,thefollowing
measuresmaybetaken:
—applicationofanexportlevy,whichmaybefixed
byatenderingprocedure,
—fixingofatimelimitfortheissueofexport
licences,
—totalorpartialsuspensionoftheissueofexport
licences,
—totalorpartialrejectionofoutstandingrequestsfor
theissueofexportlicences.
2.Themeasuresprovidedforinparagraph 1may
betakeninrespectofoneormoreoftheproducts
listedinArticle1ofRegulationNo120/67/EEC,
wherethisismadenecessarybythemarketsituation
andtherelationshipbetweenthoseproducts.
3.Themeasuresreferredtoinparagraph 1shallbe
abrogatedatthelatestassoonasitisfoundthat,fora
periodofthreeconsecutiveweek§,thecondition
referredtoinArticle1(1)isnolongerfulfilled.HASADOPTEDTHISREGULATION :
Article1
1.Thecifpriceshallberegardedasappreciably
higherthanthethresholdpricewithinthemeaningof
(»)OJNo117,19.6.1967,p.2269/67.
(2)OJNoL141,28.5.-1973,p.8.

21.7.73 OfficialJournaloftheEuropeanCommunities NoL201/11
Article3
1.Thefollowingshallbetakenintoaccountwhen
theexportlevyisbeingintroduced :
(a)situationandtrends:However,theexportlevyinforceonthedayon
whichthelicenceisappliedformay,onapplication
fromtheinterestedpartybelodgedatthesametime
astheapplicationforalicence,andbefdre1p.m.be
appliedtoexportstobeeffectedduringtheperiodof
validityofthatlicence.
5.Nolevyshallbeappliedtoexportseffectedby
wayoffoodaidunderArticle22aofRegulationNo
120/67/EEC.
Article4
1.DetailedrulesfortheapplicationofthisRegula­
tionshallbeadoptedinaccordancewiththeproce­
durelaiddowninArticle26ofRegulationNo120/
67/EE'C.
2.TheDecisiontointroduceandtoabolish,for
eachoftheproducts,themeasuresreferredtoin
Article2shallbetakeninaccordancewiththe,same
procedure.
Article5—forcerealpricesandavailablequantitiesonthe
Communitymarket,
—forcerealpricesandforpricesofproducts
fallingwithinthecerealssectorontheworld
market;
(b)theobjectivesofthecommonorganizationofthe
marketincereals,namelytobalancethatmarket
bothasregardssuppliesandasregardstrade;
(c)theeconomicaspectoftheexports.
2.Theexportlevy:
(a)forproductsreferredtoinArticle1(a)and(b)of
RegulationNo120/67/EECshallbefixedonthe
basisofthedifferencebetweenthecifpriceand
thethresholdprice;
(b)fortheproductsreferredtoinArticle1(c)ofRegu­
lationNo120/67/EECshallbederivedfromthat
applicabletothebasiccereal,havingregardin
particulartothequantityofthatcerealnecessary^
tomanufacturetherelevantproducts;
(c)fortheproductsreferredtoinArticle1(d)ofRegu­
lationNo120/67/EEC,withtheexceptionof
productsfallingwithinsubheadingNos11.08AI,
III,IVandV,headingNo11.09andsubheading
Nos17.02BII,17.05Band23.03AIofthe
CommonCustomsTariff,shallbederivedfrom
thatapplicabletothebasiccerealstowhichthey
relatebyapplyingthecoefficientssetoutin
AnnexII,TableA,to.Regulation (EEC)No
968/68(!)andintheAnnextoRegulation(EEC)
No1052/68(2).
3.Wherethesituationontheworldmarketorthe
specificrequirements ofcertainmarketssorequire,
theexportlevymaybedifferentiated .
4.Theexportlevytobechargedshallbethatin
forceonthedayofexportation .InanemergencytheCommissionmaytakethe
measuresreferredtointhefirstindentofArticle2(1).
ItshallnotifyitsDecisiontotheMemberStatesand
shallpublishitonthenoticeboardsatitsHeadquar­
ters.
Themeasuresshall,byvirtueofsuchaDecision,be
appliedtotherelevantproductsfromthedatespeci­
fiedtothisend;thisdayshallbesubsequenttothat
ofnotification .
SuchaDecisionshallapplyfornotmorethanseven
days.
Article6
ThisRegulationshallenterintoforceonthethirdday
followingthatofitspublicationintheOfficial
JournaloftheEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,19July1973.
FortheCouncil
ThePresident
J.KAMPMANN
(»)OJNoL166,7.7.1968,p.2.
(2)OJNoL179,25.7.1968,p.8.