CELEX: 31973R1171
Language: en
Date: 1973-05-05 00:00:00
Title: Regulation (EEC) No 1171/73 of the Commission of 4 May 1973 altering the corrective amount applicable to the refund on cereals

5 . 5 . 73                             Official Journal of the European Communities                          No L 119/5
                              REGULATION (EEC) No 1171/73 OF THE COMMISSION
                                                        of 4 May 1973
                            altering the corrective amount applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN                                    central rate differs from the official parity, on the
COMMUNITIES,                                                      effective rate or the central rate of these currencies
                                                                  and, in the case of the US dollar, on the change in
Having regard to the Treaty establishing the                     parity announced on 13 February 1973 ;
European Economic Community ;
                                                                  Whereas, on the basis of today's cif prices and cif
Having regard to Council Regulation No 120/                       forward delivery prices, taking foreseeable develop­
67/EEC (*) of 13 June 1967 on the common organi­                 ments on the market into account, the corrective
zation of the market in cereals, as last amended by               amount at present applicable to the refund on
the Act (2) annexed to the Treaty (3) on the Acces­               cereals should be altered ;
sion of new Member States to the European
Economic Community and the European Atomic
Energy Community, signed at Brussels on 22                        HAS ADOPTED THIS REGULATION :
January 1972, and in particular the second sentence
of the first subparagraph of Article 16 (4) thereof ;
                                                                                          Article 1
Having regard to the Opinion of the Monetary
Committee ;                                                      The corrective amount referred to in Article 16 (4)
                                                                  of Regulation No 120/67/EEC which is applicable
Whereas the corrective amount applicable to the                   to the export refunds fixed in advance in respect of
 refund on cereals was fixed by Regulation (EEC)                 cereals is hereby altered as shown in the Table
No 1158 /73 (4) ;                                                 annexed to this Regulation .
Whereas, if the refund system is to operate                                               Article 2
 normally, the refund should be calculated on the
 basis of an exchange rate which is based, in the                 This Regulation shall enter into force on 5 May
case of currencies which are floating or whose                    1973 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 4 May 1973 .
                                                                           For the Commission
                                                                              P.J. LARDINOIS
                                                                        Member of the Commission
(*) OJ No 117, 19. 6. 1967, p . 2269/67
(•) OJ No L 73 , 27. 3 . 1972, p . 14.
(») 0 1 No L 73 , 27. 3 . 1972, p. 5 .
 (*) O) No L 118, 4 . 5 . 1973, p. 25 .
 ---pagebreak--- No L 119/6                         Official Journal of the European Communities                         5 . 5 . 73
                                                        ANNEX
             to the Commission Regulation of 4 May 1973 altering the corrective amount applicable
                                                to the refund on cereals
                                                                                                           (u.a. /ton /
                                                              1st       2nd   3rd      4th        5th       6th
      CCT                                                   period
                                               Current                period period  period      period   period
    heading       Description of goods
       No                                         5            6         7     S        9          10        11
10.01 A     Common wheat, and mes­
              lin
10.01 B     Durum wheat
10.02       Rye
10.03       Barley
10.04       Oats
10.05 B     Maize other than hybrid
              maize for sowing
10.07 C     Grain sorghum