31973R0834

No L 82/6 Official Journal of the European Communities 30 . 3 . 73

REGULATION (EEC) No 834/73 OF THE COMMISSION of 29 March 1973 fixing the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN Whereas the cif price is that determined in ac­ COMMUNITIES, cordance with Article 13 of Regulation No 120/67/EEC ; whereas the cif forward delivery Having regard to the Treaty establishing the Euro­ price is that determined in accordance with Article pean Economic Comunity ; 3 O) of Regulation No 140/67/EEC (6), as amended by Regulation (EEC) No 2435/70 (7), based, in res­ Having regard to Council Regulation No pect of each month for which the export licence is 120/67/EEC (*) of 13 June 1967 on the common valid, on the cif price calculated on the basis of organization of the market in cereals , as last amen­ offers for shipment during the month of export­ ded by the Act (2) annexed to the Treaty (3) on the ation ; Accession of new Member States to the European Economic Community and the European Atomic Whereas the corrective amount so fixed will be al­ Energy Community, signed at Brussels on 22 January tered if application of the calculation procedure 1972, and in particular the third sentence of the first described above entails a change in that amount of subparagraph of Article 16 (4) thereof ; more than 0·125 unit of account ; Having regard to the Opinion of the Monetary Committee ; 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 to vary the refund ; Whereas Regulation No 633/67/EEC (4), as last amended by Regulation (EEC) No 1461 /72 (5), lays Whereas, if the refund system is to operate normally, down detailed rules for the advance fixing of the refunds should be calculated on the basis of an export refund on cereals ; exchange rate which is based , in the case of currencies which are floating or whose central rate differs from Whereas that Regulation provides that the refund the official parity, on the effective rate or the applicable on the day on which application for a central rate of these currencies and, in the case of export licence is made must when the refund is fixed in advance, be reduced by not more that the the US dollar, on the change in parity announced on 13 February 1973 ; difference between the cif forward delivery price and the cif price where the former exceeds the latter by more than one unit of account per metric Whereas it follows from applying all these pro­ ton ; whereas, on the other hand, the refund must visions that the corrective amount must be fixed as be increased by not more than the difference be­ shown in the Table annexed to this Regulation ; tween the cif price and the cif forward delivery price where the farmer exceeds the latter by more than one unit of account per metric ton ; Whereas the measures provided for in this Regula­ tion are in accordance with the Opinion of the Management Committee for Cereals ;

(') OJ No 117, 19.6 . 1967, p. 2269/67. (") OJ No L 73 , 27. 3 . 1972, p . 14. (») OJ No L 73 , 27. 3 . 1972, p . 5 . (4) OJ No 233 , 28 . 9. 1967, p. 9. (6) OJ No 125, 26. 6. 1967, p . 2456/67. (•) OJ No L 155 , 11.7. 1972, p . 35 . (7) OJ No L 262, 3 . 12. 1970, p . 3 .

30. 3 . 73 Official Journal of the European Communities No L 82/7

HAS ADOPTED THIS REGULATION : cereals is hereby fixed as shown in the Table an­ nexed to this Regulation. Article 1 Article 2 The corrective amount referred to in Article 16 (4) of Regulation No 120/67/EEC which is applicable This Regulation shall enter into force on 30 March to export refunds fixed in advance in respect of 1973 .

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

Done at Brussels, 29 March 1973 . For the Commission P.J. LARDINOIS Member of the Commission

ANNEX

to the Commission Regulation of 29 March 1973 fixing the corrective amount applicable to the refund on cereals

( u.a. /ton )

CCT 1st 2nd 3rd 4th 5th 6th Current period period period period period period heading Description of goods No 3 4 5 6 7 8 9

10.01 A Common wheat, and mes­ lin 10.01 B Durum wheat 10.02 Rye 10.03 + 5·00 + 5·00 + 5·00 Barley 10.04 Oats 10.05 B Maize other than hybrid maize for sowing 10.07 C Grain sorghum