CELEX: 31973R1790
Language: en
Date: 1973-07-04 00:00:00
Title: Regulation (EEC) No 1790/73 of the Commission of 3 July 1973 altering the corrective amount applicable to the refund on cereals

4 . 7 . 73                               Official Journal of the European Communities                         No L 181 /7
                             REGULATION (EEC) No 1790/73 OF THE COMMISSION
                                                          of 3 July 1973
                         altering the corrective amount applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN                                      — for other currencies an exchange rate based on the
COMMUNITIES,                                                            arithmetic mean of the spot market rates of each
                                                                        of these currencies recorded for a given period, in
Having regard to the Treaty establishing the European                   relation to the Community currencies referred to
Economic Community ;                                                    in the previous subparagraph ;
Having regard to Council Regulation No 120/                         Whereas the Opinion of the Monetary Committee was
67/EEC ( J) of 13 June 1967 on the common organiza­                 requested ;
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
new Member States to the European Economic                          ments on the market into account, the corrective
Community and the European Atomic Energy                            amount at present applicable to the refund on cereals
Community, signed at Brussels on 22 January 1972,                   should be altered ;
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                                           Article 1
refund on cereals was fixed by Regulation (EEC) No
 1710/73 (4), and subsequent amending Regulations ;                 The corrective amount referred to in Article 1 6 (4) of
                                                                    Regulation No 120/67/EEC which is applicable to the
Whereas, if the refund system is to operate normally,               export refunds fixed in advance in respect of cereals is
refunds should be calculated on the following basis :               hereby altered as shown in the Table annexed to this
— in the case of currencies which are maintained in                 Regulation.
     relation to each other, at any given moment,
                                                                                           Article 2
     within a band of 2-25 % , a rate of exchange based
     on their effective parity ;                                    This Regulation shall enter into force on 4 July 1973.
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 3 July 1973 .
                                                                              For the Commission
                                                                                P.J. LARDINOIS
                                                                          Member of the Commission
0   OJ   No  117, 19. 6. 1967, p. 2269/67.
(2) OJ   No L 73 , 27. 3 . 1972, p . 14.
(3) OJ   No L 73 , 27. 3 . 1972, p. 5 .
(4) OJ   No L 175, 29 . 6. 1973, p . 11 .
 ---pagebreak--- No L 181 /8                       Official Journal of the European Communities                            4. 7. 73
                                                        ANNEX
             to the Commission Regulation of 3 July 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                                          7           8          9      10       11          12        1
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