CELEX: 31973R0834
Language: en
Date: 1973-03-30 00:00:00
Title: Regulation (EEC) No 834/73 of the Commission of 29 March 1973 fixing the corrective amount applicable to the refund on cereals

No L 82/6                               Official Journal of the European Communities                           30. 3 . 73
                              REGULATION (EEC) No 834/73 OF THE COMMISSION
                                                      of 29 March 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 O) 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 (*) 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 ;
Having 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 farmer 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.
(") OJ No  L 73 , 27. 3 . 1972, p . 14.
(») OJ No  L 73, 27. 3 . 1972, p. 5 .
(4) OJ No  233 , 28 . 9. 1967, p. 9.                              (6) OJ No 125, 26. 6. 1967, p . 2456/67.
(•) OJ No  L 155 , 11.7. 1972, p . 35 .                           (7) OJ No L 262, 3 . 12. 1970, p . 3 .
 ---pagebreak--- 30. 3 . 73                            Official Journal of the European Communities                              No L 82/7
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 30 March
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, 29 March 1973 .
                                                                              For the Commission
                                                                                 P.J. LARDINOIS
                                                                          Member of the Commission
                                                           ANNEX
            to the Commission Regulation of 29 March 1973 fixing the corrective amount applicable
                                                   to the refund on cereals
                                                                                                                   ( u.a. /ton )
      CCT                                                        1st         2nd        3rd         4th   5th        6th
    heading          Description of goods          Current     period       period     period     period period    period
       No                                             3           4            5          6          7     8          9
10.01 A        Common wheat, and mes­
                 lin
10.01 B        Durum wheat
10.02          Rye
10.03          Barley                                                       + 5·00     + 5·00     + 5·00
10.04          Oats
10.05 B        Maize other than hybrid
                 maize for sowing
10.07 C        Grain sorghum