31973R0054

12 . 1 . 73 Official Journal of the European Communities No L 11 /5

REGULATION (EEC) No 54/73 OF THE COMMISSION

of 11 January 1973

fixing the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN by Regulation (EEC) No 2435/70 (6), based, in res­ COMMUNITIES, pect of each month for which the export licence is valid, on the c.i.f. price calculated on the basis of Having regard to the Treaty establishing the Euro­ offers for shipment during the month of export­ pean Economic Comunity ; ation ; Having regard to Council Regulation No Whereas the corrective amount so fixed will be al­ 120/ 67/EEC (*) of 13 June 1967 on the common tered if application of the calculation procedure organisation of the market in cereals , as last described above entails a change in that amount of amended by Regulation (EEC) No 2429/72 (2), and more than 0.125 units of account ; in particular the third sentence of the first sub­ paragraph of Article 16 (4) thereof; Whereas however Article 2 of Regulation No

633 /67/EEC provides that the corrective amount Whereas Article 16 (4) of Regulation No 120/67/ applicable to the amount of the refund fixed in EEC provides that the export refund appli­ advance on exports to be effected after the third cable to cereals on the day on which application month following that during which the licence was for an export licence is made, adjusted for the issued should be fixed on the basis of foreseable threshold price in force during the month of ex­ market trends ; whereas to this end account should portation must be applied on request to exports to be taken of availabilities and foreseeable trends on be effected during the period of validity of the ex­ the Community market and of forward trends on port licence ; whereas, in this case, a corrective the world market, in particular on those markets amount must be applied to the refund ; whose specific requirements have made it necessary Whereas Regulation No 633/67/EEC (3), as last to vary the refund ; amended by Regulation (EEC) No 1461 /72 (4), lays Whereas it follows from applying all these pro­ down detailed rules for the advance fixing of the visions that the corrective amount must be fixed as export refund on cereals ; shown in the Table annexed to this Regulation ; Whereas that Regulation provides that the refund Whereas the measures provided for in this Regula­ applicable on the day on which application for a tion are in accordance with the Opinion of the export licence is made must when the refund is Management Committee for Cereals ; fixed in advance, be reduced by not more that the difference between the c.i.f. forward delivery price HAS ADOPTED THIS REGULATION : and the c.i.f. price where the former exceeds the latter by more than one unit of account per metric Article 1 ton ; whereas, on the other hand, the refund must be increased by not more than the difference be­ The corrective amount referred to in Article 16 (4) tween the c.i.f. price and the c.i.f. forward delivery of Regulation No 120/67/EEC which is applicable price where the former exceeds the latter by more to export refunds fixed in advance in respect of than one unit of account per metric ton ; cereals is hereby fixed as shown in the Table an­

nexed to this Regulation . Whereas the c.i.f. price is that determined in ac­ cordance with Article 13 of Regulation No Article 2 120/67/EEC ; whereas the c.i.f. forward delivery price is that determined in accordance with Article This Regulation shall enter into force on 12 January 3 ( 2) of Regulation No 140/ 67/ EEC (5 ), as amended 1973 .

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

States .

Done at Brussels, 11 January 1973 . For the Commission

P.J. LARDINOIS

Member of the Commission

( x ) OJ No 117, 19.6 . 1967, p . 2269/67. (2) OJ No L 264, 23 . 11 . 1972 , p . 1 . (3) OJ No 233 , 28 . 9 . 1967, p . 9 . (4 ) OJ No L 155 , 11.7 . 1972 , p . 35 . ( 5) OJ No 125 , 26. 6. 1967, p. 2456/67. (6) OJ No L 262 , 3 . 12 . 1970, p . 3 .

No L 11 /6 12 . 1 . 73 Official Journal of the European Communities

ANNEX

to the Commission Regulation of 11 January 1973 fixing the corrective amount applicable to the refund on cereals

(u.a. /ton)

1st 2nd 3rd 4th 5 th 6th CCT Current period period period period period period heading Description of goods No 1 2 3 4 5 6 7

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

NB : The zones are those defined in the Annex to Regulation ( EEC) No 941 /72 ( OJ No L 107, 6 . 5 . 1972 ).