CELEX: 31973R1120
Language: en
Date: 1973-05-01 00:00:00
Title: Regulation (EEC) No 1120/73 of the Commission of 30 April 1973 altering the corrective amount applicable to the refund on cereals

1 . 5 . 73                                Official Journal of the European Communities                        No L 115 /5
                               REGULATION (EEC) No 1120/73 OF THE COMMISSION
                                                          of 30 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 rif
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)
Whereas the corrective amount applicable to the                       of Regulation No 120/67/EEC which is applicable
refund on cereals was fixed by Regulation (EEC)                       to the export refunds fixed in advance in respect of
No 1079/73 (4 ) and subsequent amending Regula­                      cereals is hereby altered as shown in the Table
tions ;
                                                                      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 1 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, 30 April 1973 .
                                                                               For the Commission
                                                                                 P.J. LARDINOIS
                                                                             Member of the Commission
(*)  O]  No  117, 19. 6. 1967, p . 2269/67
 (•) OJ  No  L 73, 27. 3 . 1972, p . 14.
 (•) OÎ  No  L 73 , 27. 3 . 1972, p . 5 .
 (4) OJ  No  L 110, 27. 4 . 1973 , p . 5 .
 ---pagebreak--- No L 115 / 6                            Official Journal of the European Communities                    1 . 5 . 73
                                                             ANNEX
             to the Commission Regulation of 30 April 1973 altering the corrective amount applicable
                                                     to the refund on cereals
                                                                                                           (u.a. /ton /
                                                                   1st       2nd    3rd    4th    5th       6th
     CCT                                            Current      period     period period period period   period
    heading            Description of goods
      No                                               5            6         7      8      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