CELEX: 31973R1861
Language: en
Date: 1973-07-12 00:00:00
Title: Regulation (EEC) No 1861/73 of the Commission of 11 July 1973 altering the corrective amount applicable to the refund on cereals

12. 7. 73                             Official Journal of the European Communities                         No L 191 /5
                            REGULATION (EEC) No 1861 /73 OF THE COMMISSION
                                                       of 11 July 1973
                        altering the corrective amount applicable to the refund on cereals
THE COMMISSION OF THE EUROPEAN                                   — for other currencies an exchange rate based on the
 COMMUNITIES,                                                        arithmetic mean of the spot market rates of each
                                                                     of these currencies recorded for a given period, in
 Having regard to the Treaty establishing the European               relation to the Community currencies referred to
 Economic Community ;                                                in the previous subparagraph ;
 Having regard to Council Regulation No 120/
 67/EEC (1) of 13 June 1967 on the common organiza­              Whereas, on the basis of today's cif prices and cif
tion of the market in cereals, as last amended by the            forward delivery prices, taking foreseeable develop­
                                                                 ments on the market into account, the corrective
Act (2) annexed to the Treaty (3) on the Accession of
 new Member States to the European Economic                      amount at present applicable to the refund on cereals
                                                                 should be altered ;
 Community and the European Atomic Energy
 Community, signed at Brussels on 22 January 1972,
and in particular the second sentence of the first
                                                                 HAS ADOPTED THIS REGULATION :
subparagraph of Article 1 6 (4) thereof ;
 Having regard to the Opinion of the Monetary                                           Article 1
 Committee ;
Whereas, the corrective amount applicable to the                 The corrective amount referred to in Article 1 6 (4) of
refund on cereals was fixed by Regulation (EEC) No               Regulation No 120/67/EEC which is applicable to the
 1812/73 (4) and subsequent amending Regulations ;               export refunds fixed in advance in respect of cereals is
                                                                 hereby altered as shown in the Table annexed to this
Whereas, if the refund system is to operate normally,            Regulation.
refunds should be calculated on the following basis :
— in the case of currencies which are maintained in                                     Article 2
     relation to each other, at any given moment,
     within a band of 2-25 % , a rate of exchange based          This Regulation shall enter into force on 12 July
     on their effective parity ;                                  1973 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 11 July 1973 .
                                                                           For the Commission
                                                                             P.J. LARDINOIS
                                                                       Member of the Commission
(!) OJ  No  117, 19 . 6. 1967, p. 2269/67.
(2) OJ  No  L 73, 27. 3 . 1972, p. 14.
(3) OJ  No  L 73, 27. 3 . 1972, p. 5.
(4) OJ  No  L 184, 6. 7. 1973, p. 5.
 ---pagebreak--- No L 191 /6                        Official Journal of the European Communities                           12 . 7 . ?:<
                                                         ANNEX
             to the Commission Regulation of 11 July 1973 altering the corrective amount applicable
                                                to the refund on cereals
                                                                                                              (u.a./ton,
                                                              1st        2nd    3rd      4th        5th         fith
      CCT                                        Current    period     period period    period     period     period
    heading        Description of goods
      No                                           7           8          9      10       11         12           1
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