CELEX: 31973R1406
Language: en
Date: 1973-05-25 00:00:00
Title: Regulation (EEC) No 1406/73 of the Council of 25 May 1973 fixing a carry-over payment for stocks of common wheat, rye of breadmaking quality and maize remaining at the end of the 1972/73 marketing year

No L 139/30                                Official Journal of the European Communities                              26. 5 . 73
                                 REGULATION (EEC) No 1406/73 OF THE COUNCIL
                                                          of 25 May 1973
               fixing a carry-over payment for stocks of common wheat, rye of breadmaking quality
                               and maize remaining at the end of the 1972/73 marketing year
THE COUNCIL OF THE EUROPEAN                                           1973 , since in this case no cost increases have been
COMMUNITIES ,                                                         incurred as a result of storage ; whereas, since the
                                                                      carry-over payment is linked to the intervention
Having regard to the Treaty establishing the Euro­                    system, that payment should be made only in respect
pean Economic Community ;                                             of cereals of fair, sound and merchantable quality as
                                                                      defined by the rules adopted pursuant to Article 7 (5 )
Having regard to Council Regulation No 120/67/                        of Regulation No 120/67/EEC ;
EEC (*) of 13 June 1967 on the common organiza­
tion of the market in cereals, as last amended by                     Whereas, when applied in the new Member States,
Regulation ( EEC) No 1346/73 ( 2 ), and in particular                 the carry-over payment must be adjusted in relation
Article 9 (1 ) and (5 ) thereof ;                                     to their price levels, which still differ from prices in
                                                                      the Community as originally constituted ; whereas,
                                                                      in order to make such adjustment, the basis for
Having regard to the proposal from the Commis­                        calculation of the payment should be, not the target
sion ;
                                                                      price, but the target price reduced by the 'accession'
                                                                      compensatory amount applicable to each cereal and
Whereas the carry-over payment provided for in                        for each of the new Member States concerned ;
Article 9 ( 1 ) of Regulation No 120/67/EEC is de­                    whereas the carry-over payment must therefore be
signed, in particular, to avoid large-scale transfers                 reduced in the new Member States by the difference
of cereals to intervention agencies when the monthly                  between the 'accession' compensatory amount appli­
increases in intervention prices come to an end, when                 cable for 1972/73 and that applicable for 1973 /74 ;
a large proportion of the stocks of cereals could be                  whereas, should this reduction give a negative figure,
sold directly on the market before the new harvest ;                   the Community carry-over payment should be re­
whereas the position of stocks of common wheat                         duced to zero when applied in the new Member
 throughout the Community and of stocks of rye of                      States concerned :
breadmaking quality in certain regions of the Com­
munity is such that the carry-over payment should
be granted for such cereals ;
                                                                      HAS ADOPTED THIS REGULATION :
Whereas there is a risk of certain quantities of maize
being offered to intervention agencies in particular
                                                                                               Article 1
regions despite the general shortage throughout the
Community ; whereas it is therefore desirable that
a carry-over payment also be fixed for that cereal ;                  1.     A carry-over payment shall be granted in respect
whereas, since the marketing of a given harvest nor­                  of stocks of common wheat and rye of breadmaking
mally extends beyond the end of the marketing year,                   quality remaining in the Community at the end of
the grant of a carry-over payment would prevent                        the 1972/73 marketing year.
substantial quantities, which in the normal way
 would still be held in stock at the end of the market­               The amount of this payment shall be 9·56 units of
 ing year, from reaching the market only during the                   account per metric ton in respect of common wheat
last few months of that year ;                                         and 1·79 units of account per metric ton in respect
                                                                       of rye of breadmaking quality.
Whereas the amount of the carry-over payment
should be defined as the difference between the target                2.     In the new Member States the payment in res­
prices fixed for the 1973/74 marketing year and those                 pect of common wheat and of rye of breadmaking
applicable for the last month of the present marketing                 quality shall be as follows :
 year ;
                                                                                                                    Rye of
                                                                                                                 breadmaking
Whereas the carry-over payment cannot be granted                                                Common wheat        quality
in respect of cereals harvested in the Community in                   Denmark                        7·98            1·79
                                                                      Ireland                        8·37
 (!) OJ No 117, 19 . 6 . 1967 , p . 2269/67 .
 (2) OJ No L 141 , 28 . 5 . 1972 , p . 8 .                            United Kingdom                 3·35
 ---pagebreak--- 26. 5 . 73                        Official Journal of the European Communities                       No L 139/31
                      Article 2                              the 1973 harvest nor in respect of cereals which are
                                                             not of the minimum quality required for intervention
The amount of the carry-over payment to be granted           buying. Moreover, as regards rye of breadmaking
in accordance with Article 9 (2) of Regulation No            quality which does not satisfy the conditions laid
120/67/EEC in respect of stocks of maize remaining           down for price increases in accordance with Article
in the surplus production areas at the end of the            7 (5 ) of Regulation No 120/67/EEC, the carry-over
1972/73 marketing year shall be 5·78 units of account        payment shall not be granted.
per metric ton.
                                                                                   Article 4
                      Article 3
                                                             This Regulation shall enter into force on the day
 The carry-over payments provided for in Articles 1          following its publication in the Official Journal of
and 2 shall not be granted in respect of cereals of           the European Communities.
             This Regulation shall be binding in its entirety and directly applicable in all
             Member States .
             Done at Brussels, 25 May 1973 .
                                                                        For the Council
                                                                         The President
                                                                          A. LAVENS