CELEX: 31973R1751
Language: en
Date: 1973-06-30 00:00:00
Title: Regulation (EEC) No 1751/73 of the Commission of 29 June 1973 altering the corrective amount applicable to the refund on cereals

No L 176/68                             Official Journal of the European Communities                           30 . 6. 73
                               REGULATION (EEC) No 1751 /73 OF THE COMMISSION
                                                        of 29 June 1973
                          altering the corrective amount applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN                                        of these currencies recorded for a given period, in
COMMUNITIES,                                                           relation to the Community currencies referred to
                                                                       in the previous subparagraph ;
Having regard to the Treaty establishing the European
Economic Community ;                                               Whereas the Opinion of the Monetary Committee was
Having regard to Council Regulation No 120/                        requested ;
67/EEC (1) of 13 June 1967 on the common organiza­
tion of the market in cereals, as last amended by the
                                                                   Whereas, on the basis of today's cif prices and cif
Act (2) annexed to the Treaty (3) on the Accession of              forward delivery prices, taking foreseeable develop­
                                                                   ments on the market into account, the corrective
new Member States to the European Economic
Community and the European Atomic Energy                           amount at present applicable to the refund on cereals
                                                                   should be altered ;
Community, signed at Brussels on 22 January 1972,
and in particular the second sentence of the first
subparagraph of Article 1 6 (4) thereof ;
                                                                   HAS ADOPTED THIS REGULATION :
Whereas, the corrective amount applicable to the
refund on cereals was fixed by Regulation (EEC)
No 1710/73 (4), and subsequent amending Regu­                                            Article 1
lations ;
                                                                  The corrective amount referred to in Article 16(4) of
Whereas, if the refund system is to operate normally,              Regulation No 120/67/EEC which is applicable to the
refunds should be calculated on the following basis :             export refunds fixed in advance in respect of cereals is
— in the case of currencies which are maintained in                hereby altered as shown in the Table annexed to this
      relation to each other, at any given moment,                 Regulation.
     within a band of 2-25 % , a rate of exchange based
      on their effective parity ;                                                        Article 2
— for other currencies an exchange rate based on the
      arithmetic mean of the spot market rates of each            This Regulation shall enter into force on 1 July 1973 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                 Done at Brussels, 29 June 1973 .
                                                                             For the Commission
                                                                               P.J. LARDINOIS
                                                                         Member of the Commission
(] ) OJ  No   117, 19 . 6. 1967, p. 2269/67.
(2)  OJ  No  L 73, 27. 3 . 1972, p. 14.
(J)  OJ  No  L 73, 27. 3. 1972, p. 5.
(«)  OJ  No   L 175, 29. 6. 1973, p. 11 .
 ---pagebreak---  30. 6. 73                            Official Journal of the European Communities                    No L 176/69
                                                           ANNEX
            to the Commission Regulation of 29 June 1973 altering the corrective amount applicable
                                                   to the refund on cereals
                                                                                                          (u .a Jton)
      CCT                                                        1st       2nd    3rd    4th    5th          6th
    heading          Description of goods          Current     period     period period period period     period
      No                                              7           8         9      10     11     12         • 1
10.01 A        Common wheat, and mes­
                 iin
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