CELEX: 31973R1283
Language: en
Date: 1973-05-18 00:00:00
Title: Regulation (EEC) No 1283/73 of the Commission of 17 May 1973 fixing the corrective amount applicable to the refund on cereals

18 . 5 . 73                                 Official Journal of the European Communities                            No L 131 /5
                                   REGULATION (EEC) No 1283/73 OF THE COMMISSION
                                                             of 17 May 1973
                                    fixing the corrective amount applicable to the refund on cereals
 THE COMMISSION OF THE EUROPEAN                                          Whereas the cif price is that determined in ac­
  COMMUNITIES,                                                           cordance with Article 13 of Regulation No
                                                                         120/67/EEC ; whereas the cif forward delivery
 Having regard to the Treaty establishing the Euro­                      price is that determined in accordance with Article
 pean Economic Comunity ;                                               3 (?) of Regulation No 140/67/EEC ( 6), as amended
                                                                         by Regulation (EEC) No 2435/70 ( 7), based, in res­
 Having regard to Council Regulation No                                  pect of each month for which the export licence is
 120/67/EEC ( x ) of 13 June 1967 on the common                          valid, on the cif price calculated on the basis of
 organization of the market in cereals, as last amen­                    offers for shipment during the month of export­
 ded by the Act (2 ) annexed to the Treaty (3) on the                   ation ;
 Accession of new Member States to the European
 Economic Community and the European Atomic                             Whereas the corrective amount so fixed will be al­
 Energy Community, signed at Brussels on 22 January
 1972, and in particular the third sentence of the first                tered if application of the calculation procedure
 subparagraph of Article 16 (4) thereof ;                               described above entails a change in that amount of
                                                                        more than 0-125 unit of account ;
 Haying regard to the Opinion of the Monetary
 Committee ;                                                            Whereas however Article 2 of Regulation No
                                                                        633 /67/EEC provides that the corrective amount
 Whereas Article 16 (4) of Regulation No 120/67/                        applicable to the amount of the refund fixed in
 EEC provides that the export refund appli­                             advance on exports to be effected after the third
 cable to cereals on the day on which application                       month following that during which the licence was
 for an export licence is made, adjusted for the                        issued should be fixed on the basis of foreseable
 threshold price in force during the month of ex­                       market trends ; whereas to this end account should
 portation must be applied on request to exports to                     be taken of availabilities and foreseeable trends on
 be effected during the period of validity of the ex­                   the Community market and of forward trends on
port licence ; whereas, in this case, a corrective                      the world market, in particular on those markets
 amount must be applied to the refund ;                                 whose specific requirements have made it necessary
                                                                        to vary the refund ;
Whereas Regulation No 633/67/EEC (4), as last
amended by Regulation ( EEC ) No 1461 /72 (5), lays
down detailed rules for the advance fixing of the                       Whereas , if the refund system is to operate normally,
export refund on cereals ;                                              refunds should be calculated on the basis of an
                                                                       exchange rate which is based , in the case of currencies
Whereas that Regulation provides that the refund                       which are floating or whose central rate differs from
applicable on the day on which application for a                       the official parity, on the effective rate or the
export licence is made must when the refund is                         central rate of these currencies and, in the case of
fixed in advance, be reduced by not more that the                      the US dollar, on the change in parity announced
difference between the cif forward delivery price                      on 13 February 1973 ;
and the cif price where the former exceeds the
latter by more than one unit of account per metric                      Whereas it follows from applying all these pro­
ton ; whereas , on the other hand , the refund must                     visions that the corrective amount must be fixed as
be increased by not more than the difference be­                       shown in the Table annexed to this Regulation ;
tween the cif price and the cif forward delivery
price where the former exceeds the latter by more
than one unit of account per metric ton ;                              Whereas the measures provided for in this Regula­
                                                                       tion are in accordance with the Opinion of the
                                                                       Management Committee for Cereals ;
(») OJ    No  117, 19.6 . 1967, p . 2269/ 67 .
(2) OJ    No  L 73 , 27 . 3 . 1972 , p . 14 .
(») OJ    No  L 73 , 27. 3 . 1972, p . 5 .
(<) OJ    No  233 , 28 . 9 . 1967, p . 9 .                             (•) OJ No 12.5 , 26.6 . 1 967 , p . 24.56/67 .
(8) OJ    No  L 155 , 11.7. 1972 , p . 35 .                            (7 ) OJ No I , 262 , 3 . 12 . 1970, p. 3 .
 ---pagebreak--- No L 131 /6                           Official Journal of the European Communities                                  18 . 5 . 73
HAS ADOPTED THIS REGULATION :                                         cereals is hereby fixed as shown in the Table an­
                                                                      nexed to this Regulation.
                        Article 1
                                                                                                 Article 2
The corrective amount referred to in Article 16 (4 )
of Regulation No 120/67/EEC which is applicable                       This Regulation shall enter into force on 18 May
to export refunds fixed in advance in respect of                      1973 .
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 17 May 1973 .
                                                                                 For the Commission
                                                                                    P.J. LARDINOIS
                                                                             Member of the Commission
                                                            ANNEX
                 to the Commission Regulation of 17 May 1973 fixing the corrective amount applicable
                                                   to the refund on cereals
                                                                                                                        (U.a.ftQH)
      CCT                                                         1st          2nd         3rd         4th    5th         6th
    heading           Description of goods          Current    period         period      period      period period     period
       No                                              5           6             7          8           9      10          11
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                                                                           "