CELEX: 31973R0977
Language: en
Date: 1973-04-12 00:00:00
Title: Regulation (EEC) No 977/73 of the Commission of 11 April 1973 altering the corrective amount applicable to the refund on cereals

12. 4. 73                                 Official Journal of the European Communities                           No L 97/25
                                  REGULATION (EEC) No 977/73 OF THE COMMISSION
                                                          of 11 April 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
                                                                      The corrective amount referred to in Article 16 (4)
 Committee ;
                                                                      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 922/73 (4) and subsequent amending Regulations ;                   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 12 April
 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, 11 April 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 .
 (») OT No   L 73 , 27. 3 . 1972 , p. 5 .
 (*) OJ No   L 90, 6. 4. 1973 , p. 6.
 ---pagebreak--- No L 97/26                             Official Journal of the European Communities                   12. 4. 73
                                                            ANNEX
            to the Commission Regulation of 11 April 1973 altering the corrective amount applicable
                                                    to the refund on cereals
                                                                                                         (u.a.lton)
                                                                  1st       2nd   3rd    4th    5 th      6th
      CCT                                                                               period          period
                                                   Current      period    period period        period
    heading           Description of goods
      No                                               4          5          6     7      S      9         10
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