CELEX: 31974R0350
Language: en
Date: 1974-02-12 00:00:00
Title: Regulation (EEC) No 350/74 of the Commission of 12 February 1974 amending Regulation (EEC) No 1463/73 laying down detailed rules for the application of monetary compensatory amounts

13 . 2 . 74                               Official Journal of the European Communities                           No L 41 /9
                                   REGULATION ( EEC) No 350/74 OF THE COMMISSION
                                                           of 12 February 1974
                  amending Regulation (EEC) No 1463/73 laying down detailed rules for the appli­
                                              cation of monetary compensatory amounts
   THE COMMISSION OF THE EUROPEAN                                       basis of prices on the world market ; whereas applica­
   COMMUNITIES,                                                          tion of the coefficient is justified only where world
                                                                         market prices are taken into consideration ;
    Having regard to the Treaty establishing the European
   Economic Community ;                                                 Whereas, for the avoidance of doubt, it is necessary to
                                                                         clarify the situation and to specify that, with effect
    Having regard to Council Regulation (EEC) No                         from the date on which the coefficient concerned first
   974/71 (') of 12 May 1971 on certain measures of
                                                                         applied to export levies under Regulation (EEC) No
   conjunctural policy to be taken in agriculture
                                                                         1463 /73, the coefficient does not apply to the amount
   following the temporary widening of the margins of
   fluctuation    for   the     currencies      of certain Member        charged on export referred to above ;
   States, as last amended by Regulation (EEC) No                       Whereas the measures provided for in this Regulation
   3450/73 (2), and in particular Article 6 thereof ;                    are in accordance with the Opinion of the Manage­
                                                                         ment Committee for Milk and Milk Products,
   Whereas Article 4 (3) of Commission Regulation
   (EEC) No 1 463/73 (3) of 30 May 1973 laying down
   detailed rules for the application of monetary compen­                HAS ADOPTED THIS REGULATION :
   satory amounts, as last amended by Regulation (EEC)
   No 3482/73 (4), stipulates that in trade with third coun­                                      Article 1
   tries import charges, export refunds and export levies
   expressed in units of account must be multiplied by a                The following sentence is hereby added to Article
   coefficient ;                                                         4(3) of Regulation (EEC) No 1463/73 with effect from
                                                                         14 August 1973 :
   Whereas, pursuant to the last indent of Article 2(1 ) of
   Council Regulation (EEC) No 986/68 (5) of 15 July                         'The amount charged, pursuant to the second
    1968 laying down general rules for granting aid for                      indent of Article 2(1 ) of Regulation (EEC) No
   skimmed milk and skimmed-milk powder for use as                           986/ 68 , on skimmed milk and skimmed-milk
   animal feed , as last amended by Regulation (EEC) No                      powder exported in the form of denatured skim­
    1038 /72 (6), an amount equal to the aid granted is                      med-milk powder or compound feedingstuffs shall
   charged on skimmed milk and skimmed-milk powder                           not be regarded as an export levy for the purposes
   exported in the form of denatured skimmed-milk                            of this Regulation .'
   powder or compound feedingstuffs ;
                                                                                                  Article 2
   Whereas this charge constitutes in effect the
   reimbursement of aid previously granted ; whereas the                This Regulation shall enter into force on the day of its
   amount so charged cannot therefore be treated as an                   publication in the Official Journal of the European
   export levy since such levies are calculated on the                   Communities.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                   Done at Brussels, 12 February 1974.
                                                                                   For the Commission
                                                                                       The President
                                                                                  Francois-Xavier ORTOLI
   (') OJ No L 106, 12. 5 . 1971 , p . 1 .
   I1) OJ No L 353, 22. 12. 1973, p. 25.
   (J)  OJ   No L 146,  4. 6 . 1973 , p . 1 .
   (4)  OJ   No L 357,  28 . 12. 1973 , p. 15 .
   (s ) OJ   No L 169 , 18 . 7. 1968 , p. 4.
■v 6)   OJ   No L 118 , 20 . 5 . 1972, p . 21 .