CELEX: 31973R1777
Language: en
Date: 1973-07-03 00:00:00
Title: Regulation (EEC) No 1777/73 of the Commission of 2 July 1973 altering the corrective amount applicable to the refund on cereals

3 . 7 . 73                                 Official Journal of the European Communities                        No L 179/ 5
                                REGULATION (EEC) No 1777/73 OF THE COMMISSION
                                                            of 2 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 3 July 1973.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 2 July 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.
  (3 ) OJ  No  L 73 , 27. 3 . 1972, p. 5 .
  (4 ) OJ  No  L 175, 29 . 6. 1973, p. 11 .
 ---pagebreak--- No L 179/ 6                           Official Journal of the European Communities                    3 . 7. 73
                                                            ANNEX
            to the Commission Regulation of 2 July 1973 altering the corrective amount applicable
                                                   to the refund on cereals
                                                                                                         (u.a.fton)
                                                                 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
                  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