CELEX: 31973R0016
Language: en
Date: 1973-01-05 00:00:00
Title: Regulation (EEC) No 16/73 of the Commission of 4 January 1973 fixing the corrective amount applicable to the refund on cereals

5 . 1 . 73                                Official Journal of tltae European Communities                          No L 5/5
                                 REGULATION (EEC) No 16/73 OF THE COMMISSION
                                                         of 4 January 1973
                                fixing the corrective amount applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN                                        by Regulation (EEC) No 2435 /70 (6), based, in res­
COMMUNITIES,                                                          pect of each month for which the export licence is
Having regard to the Treaty establishing the Euro -*                  valid, on the c.i .f. price calculated on the basis of
pean Economic Comunity ;                                              offers for shipment during the month of export­
                                                                      ation ;
Having regard to Council Regulation No                                Whereas the corrective amount so fixed will be al­
120/67/EEC (*) of 13 June 1967 on the common
organisation of the market in cereals, as last                        tered if application of the calculation procedure
amended by Regulation (EEC) No 2429/72 ( 2 ), and                     described above entails a change in that amount of
in particular the third sentence of the first sub­                    more than 0-125 units of account ;
paragraph of Article 16 (4) thereof;                                  Whereas however Article 2 of Regulation No
Whereas Article 16 (4 ) of Regulation No 120/67/                      633 /67/EEC provides that the corrective amount
EEC provides that the export refund appli­                            applicable to the amount of the refund fixed in
cable to cereals on the day on which application                      advance on exports to be effected after the third
for an export licence is made, adjusted for the                       month following that during which the licence was
                                                                      issued should be fixed on the basis of foreseable
threshold price in force during the month of ex­
portation must be applied on request to exports to                    market trends ; whereas to this end account should
                                                                      be taken of availabilities and foreseeable trends on
be effected during the period of validity of the ex­
port licence ; whereas, in this case, a corrective                    the Community market and of forward trends on
amount must be applied to the refund ;                                the world market, in particular on those markets
                                                                      whose specific requirements have made it necessary
Whereas Regulation No 633/67/EEC (3 ), as last                        to vary the refund ;
amended by Regulation ( EEC) No 1461 /72 (4 ), lays
                                                                       Whereas it follows from applying all these pro­
down detailed rules for the advance fixing of the                      visions that the corrective amount must be fixed as
export refund on cereals ;
                                                                      shown in the Table annexed to this Regulation ;
Whereas that Regulation provides that the refund
                                                                      Whereas the measures provided for in this Regula­
applicable on the day on which application for a
export licence is made must when the refund is                        tion are in accordance with the Opinion of the
fixed in advance, be reduced by not more that the
                                                                      Management Committee for Cereals ;
difference between the c.i.f. forward delivery price
                                                                       HAS ADOPTED THIS REGULATION :
and the c.i.f. price where the former exceeds the
latter by more than one unit of account per metric
ton ; whereas, on the other hand , the refund must                                               Article 1
be increased by not more than the difference be­                      The corrective amount referred to in Article 16 (4)
tween the c.i.f. price and the c.i.f. forward delivery                of Regulation No 120/67/EEC which is applicable
price where the former exceeds the latter by more                     to export refunds fixed in advance in respect of
than one unit of account per metric ton ;                             cereals is hereby fixed as shown in the Table an­
Whereas the c.i.f. price is that determined in ac­                    nexed to this Regulation.
cordance with Article 13 of Regulation No
                                                                                                 Article 2
 120/67/EEC ; whereas the c.i.f. forward delivery
price is that determined in accordance with Article                   This Regulation shall enter into force on 5 January
3 (2 ) of Regulation No 140/67/EEC ( 5 ), as amended                   1973 .
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 4 January 1973 .
                                                                                 For the Commission
                                                                                  The Vice-President
                                                                           Carlo SCARASCIA MUGNOZ7.A
 (')  OJ No 117, 19.6 . 1967 , p . 2269/ 67 .
 (2)  OJ No L 264, 2.3 . 1 1 . 1972 , p. 1 .
 (3 ) OJ No 233 , 28 . 9 . 1967, p . 9 ,
 (4)  OJ No L 155 , 11.7. 1972 , p. 35 .
 ( 5) OJ No 125 , 26 . 6 . 1967 , p . 2456 /67 .                       («) OJ No L 262 , 3 . 12 . 1970, p . 3 .
 ---pagebreak--- No L 5 / 6                            Official Journal of the European Communities                            5 . 1 . 73
                                                            ANNEX
            to the Commission Regulation of 4 January 1973 fixing the corrective amount applicable
                                                    to the refund on cereals
                                                                                                                ( u.a.lton )
     CCT                                                          1st       2nd    3rd    4th         5th         6th
    heading           Description of goods          Current     period     period period period      period     period
      No                                               1                      3     4       5           6           7
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
NB : The zones are those defined in the Annex to Regulation ( EEC ) No 941 /72 ( OJ No L 107, 6 . 5 . 1972 ).