31971R0435

100 Official Journal of the European Communities

No L 4.8 /72 Official Journal of the European Communities 27.2.71

REGULATION (EEC) No 435 /71 OF THE COMMISSION of 26 February 1971 on a derogation from Regulation (EEC) No 2637/70 as regards the period of validity of export licences for maize

THE COMMISSION OF THE EUROPEAN COM­ for maize could give rise to an imbalance on the MUNITIES, internal market to the advantage of exports on account of the advance fixing of the refund ; whereas Having regard to " the Treaty establishing the the period of validity of the export licence should European Economic Community ; therefore be shortened temporarily ;

Having regard to Council Regulation No Whereas the measures provided for in this Regulation 120/67/EEC1 of 13 June 1967 on the common are in accordance with the Opinion of the organisation of the market in cereals, as last amended Management Committee for Cereals ; by Regulation (EEC) No 2434/ 702 and in particular Articles 12 (2) and 16 ( 6) thereof ; Whereas in accordance with Article 21 of HAS ADOPTED THIS REGULATION : Commission Regulation (EEC) No 2637/703 of 23 December 1970 on special detailed rules for the Article 1 application of the system of import and export licences and advance fixing certificates for By way of derogation from Article 21 ( 1 ) of agricultural products, an export licence "for maize is Regulation (EEC) No 2637/70, export licences for valid from its date of issue within the meaning of maize which are applied for after the entry into force Article 8 ( 1 ) of Regulation ( EEC) No 1373/70 until of this Regulation shall be valid from their date of the end of the sixth month following that of issue ; issue within the meaning of Article 8 ( 1 ) of Regulation (EEC) No 1371 /70 until the end . of the Whereas on the world market in maize there is at third month following that of issue. present some uncertainty as to further production trends ; whereas, however, there is already a risk that this uncertainty may lead to considerable price Article . 2 fluctuations, the extent of which cannot be foreseen in the long term ; This Regulation shall enter into force on the third Whereas, under these conditions, the period of day following its publication in the Official Journal validity at present laid down for the export licence of the European Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 26 February 1971 . For the Commission

The President

Franco M. MALFATTI

1 OJ No 117, 19.6.1967, p. 2269/67. 2 O J No L 262, 3.12.1970, p. 1 .. 3 OJ No L 283 , 29.12.1970, p. 15 .