CELEX: 31973R0449
Language: en
Date: 1973-02-06 00:00:00
Title: Regulation (EEC) No 449/73 of the Commission of 6 February 1973 amending Regulation (EEC) No 1013/71 as regards the calculation of the compensatory amounts applicable in consequence of monetary developments to trade in agricultural products with the new Member States

25 . 2. 73                               Official Journal of the European Communities                           No L 52/ 1
                                                                 I
                                             (Acts whose publication is obligatory)
                                 REGULATION (EEC) No 449/73 OF THE COMMISSION
                                                       of 6 February 1973
              amending Regulation (EEC) No 1013/71 as regards the calculation of the compensatory
              amounts applicable in consequence of monetary developments to trade in agricultural
                                             products with the new Member States
THE COMMISSION OF THE EUROPEAN                                      situation by reducing the monetary compensatory
 COMMUNITIES ,                                                      amount by the amount detailed by applying to the
                                                                    compensatory amount as provided for by the Act the
Having regard to the Treaty establishing the European               percentage used for calculating the said monetary
Economic Community ;                                                compensatory amount ;
Having regard to Council Regulation (EEC) No                        Whereas , however, compensatory amounts as pro­
974/71 i1) of 12 May 1971 on certain measures of                    vided for by the Act, and in particular the amounts
conjunctural policy to be taken in agriculture following            applicable by way of such compensatory amounts,
the temporary widening of the margins of fluctuation                are subject to frequent variation ;
for the currencies of certain Member States, as amen­
ded by Regulation (EEC) No 2146/72 (2), and in par­                 Whereas, in order to avoid too rapid changes in the
ticular Article 6 thereof ;                                         monetary compensatory amounts, which are in any
                                                                    case of a fixed nature, it is necessary to provide
Whereas Commission Regulation (EEC) No 1013/71 (3)                  that the Commission should adjust the latter amount
of 17 May 1971 , as last amended by Regulation (EEC)                only in cases where such adjustment would be of a
No 2342/72 (4), laid down detailed rules to calculating             certain economic importance ;
the compensatory amounts introduced pursuant to
Regulation (EEC) No 974/71 hereinafter called 'mon­                 Whereas the measures provided for in this Regulation
etary compensatory amounts' ; whereas those rules do                are in accordance with the Opinions of the Manage­
cover trade in agricultural products with the new                   ment Committees for Fruit and Vegetables, for Wine,
Member States , where price levels are generally lower              for Oils and Fats, for Cereals, for Pigmeat, for
than these of the common prices in the original                     Poultrymeat and Eggs, for Sugar, for Milk and Milk
Member States ; whereas this difference is made up by               Products, for Beef and Veal, for Products processed
the compensatory amounts introduced into Article 55                 from Fruit and Vegetables , for Tobacco, for Flax
of the Act (5) annexed to the Treaty concerning the                 and Hemp and for Fishery Products ;
Accession of new Member States to the European
Economic Community and the European Atomic
Energy Community (6), signed at Brussels on                         HAS ADOPTED THIS REGULATION :
22 January 1972, or, where the amount of the levy
is less than such compensatory amount, by the
amounts applicable by way of the said compensatory                                          Article 1
amounts ; whereas account must be taken of this
                                                                    With effect from 1 February 1973 , the following
                                                                    Article is added to Regulation (EEC) No 1013/71 :
H   OJ  No L 106, 12. 5 . 1971 , p. 1 .
(2) OJ  No L 291 , 28 . 12. 1972, p . 148 .                             'Article 2a
(3) OJ  No L 110, 18 . 5 . 1971 , p. 8 .
(4) OJ  No L 252, 8 . 11 . 1972, p. 16.                                 1.     In the case of trade with the new Member
(5) OJ  No L 73 , 21 . 3 . 1972, p. 14.                                 States the compensatory amount shall be equal to
(8) OJ  No L 73 , 21 . 3 . 1972, p. 5 .                                 that calculated in accordance with the provisions
 ---pagebreak--- No L 52/2                         Official Journal of the European Communities                               25 . 2 . 73
  of Article 2 ( 1 ) and (2) of Regulation (EEC) No              in Regulation (EEC) No 974/71 to take account of
  974/71 , less an amount obtained by multiplying                this variation ; however the Commission shall only
  by the percentage specified in the said Article 2(1 )          make such adjustment where the difference between
  either :                                                       the new and the old compensatory amount as
                                                                 calculated in accordance with paragraph 1 is
  — the compensatory amount as provided for in                   significant in relation to the average value of the
      Article 55 of the Act, or, as the case may be,             product concerned.
      the amount applied by the Community as
      originally constituted, by way of such compen­             The Commission shall take into account for this
      satory amounts, with the new Member State                  purpose the effects of the adjustment on trade in
      concerned .                                                the products concerned.'
  2.     In the event of any variation in the compen­                                 Article 2
  satory amounts as provided for in Article 55 of the
  Act, as in the amounts applicable by way of such           This Regulation shall enter into force on the day of
  compensatory amounts, the Commission shall                 its publication in the Official Journal of the European
  adjust the compensatory amounts as provided for            Communities .
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 6 February 1973 .
                                                                              For the Commission
                                                                                  The President
                                                                            Francois-Xavier ORTOLI