CELEX: 31973R1972
Language: en
Date: 1973-07-21 00:00:00
Title: Regulation (EEC) No 1972/73 of the Commission of 20 July 1973 altering the corrective amount applicable to the refund on cereals

21 . 7. 73                             Official Journal of the European Communities                        No L 201 / 17
                            REGULATION (EEC) No 1972/73 OF THE COMMISSION
                                                       of 20 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 16(4) of
refund on cereals was fixed by Regulation (EEC) No                Regulation No 120/67/EEC which is applicable to the
1948/73 (4);                                                      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 21 July
     on their effective parity ;                                  1973 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 20 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.
 (<) OJ  No  L 200, 20. 7. 1973, p. 13.
 ---pagebreak---  No L 201 / 18                          Official Journal of the European Communities                         21 . 7 . 73
                                                               ANNEX
               to the Commission Regulation of 20 July 1973 altering the corrective amount applicable
                                                     to the refund on cereals
                                                                                                                 ( u.a. / ton .
                                                                   1st         2nd   3rd    4th·     5th            6th
       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                           —
                                                                  — . ·.       —     —      —      —               —
1 0.02 '          Rye                                 ' —· '      —          • —     —      —      —               —
10.03             Barley                                —         —            —     —      —      —           .   —
10.04             Oats                                  —         —
                                                                         • - s T­    —      —      —               —
10.05 B           Maize other than hybrid
                     maize for sowing                      '                         __            .               _
10.07 C           Grain sorghum