CELEX: 31973R2662
Language: en
Date: 1973-09-29 00:00:00
Title: Regulation (EEC) No 2662/73 of the Commission of 28 September 1973 altering the corrective amount applicable to the refund on cereals

29 . 9 . 73                               Official Journal of the European Communities                       No L 273/ 83
                             REGULATION (EEC) No 2662/73 OF THE COMMISSION
                                                       of 28 September 1973
                        altering the corrective amount applicable to the refund on cereals
 THE COMMISSION OF THE EUROPEAN                                          of these currencies recorded for a given period, in
 COMMUNITIES,                                                            relation to the Community currencies referred to
                                                                         in the previous subparagraph ;
  Having regard to the Treaty establishing the European
  Economic Community ;                                               Whereas, on the basis of today's cif prices and cif
  Having regard to Council Regulation No 120/                        forward delivery prices, taking foreseeable develop­
                                                                     ments on the market into account, the corrective
  67/EEC (') of 13 June 1967 on the common organiza­
  tion of the market in cereals, as last amended by Regu­            amount at present applicable to the refund on cereals
                                                                     should be altered ;
  lation (EEC) No 1346/73 (2), and in particular the
 second sentence of the first subparagraph of Article 1 6
 (4) thereof ;
                                                                     HAS ADOPTED THIS REGULATION :
  Having regard to the Opinion of the Monetary
  Committee ;
                                                                                            Article 1
 Whereas, the corrective amount applicable to the
 refund on cereals was fixed by Regulation (EEC) No
 2616/73 (3) and subsequent amending Regulations ;                   The corrective amount referred to in Article 16 (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,
      within a band of 2-25 % , a rate of exchange based                                    Article 2
      on their effective parity ;
 — for other currencies an exchange rate based on the                This Regulation shall enter into force on 1 October
      arithmetic mean of the spot market rates of each                1973 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 28 September 1973 .
                                                                               For the Commission
                                                                                 P.J. LARDINOIS
                                                                            Member of the Commission
(') OJ No 117, 19 . 6 . 1967, p . 2269 / 67 .
(-') OJ No L 141 , 28 . 5 . 1973 , p . 8 .
( 3) OJ No L 271 , 28 . 9 . 1973 , p . 5 .
 ---pagebreak--- No L 273 / 84                            Official Journal of the European Communities                       29 . 9 . 73
                                                              ANNEX
              to the Commission Regulation of 28 September 1973 altering the corrective amount applicable
                                                      to the refund on cereals
                                                                                                                (u.aJton)
      CCT                                                           1st       2nd     3rd    4th      5th         Ah
    heading             Description of goods          Current     period    period   period period   period      period
      No                                                10          11         12       1      2        3          4
10.01 A          Common wheat, and mes­
                    lin
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