31973R0968

11 . 4. 73 Official Journal of the European Communities No L 95/5

REGULATION (EEC) No 968/73 OF THE COMMISSION of 10 April 1973 altering the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN central rate differs from the official parity, on the COMMUNITIES, effective rate or the central rate of these currencies and, in the case of the US dollar, on the change in Having regard to the Treaty establishing the parity announced on 13 February 1973 ; European Economic Community ; Whereas, on the basis of today's cif prices and cif Having regard to Council Regulation No 120/ forward delivery prices, taking foreseeable develop­ 67/EEC (*) of 13 June 1967 on the common organi­ ments on the market into account, the corrective zation of the market in cereals, as last amended by amount at present applicable to the refund on the Act (2) annexed to the Treaty (3) on the Acces­ cereals should be altered ; sion of new Member States to the European Economic Community and the European Atomic Energy Community, signed at Brussels on 22 HAS ADOPTED THIS REGULATION : January 1972, and in particular the second sentence of the first subparagraph of Article 16 (4) thereof ; Article 1 Having regard to the Opinion of the Monetary The corrective amount referred to in Article 16 (4) Committee ; of Regulation No 120/67/EEC which is applicable Whereas the corrective amount applicable to the to the export refunds fixed in advance in respect of cereals is hereby altered as shown in the Table refund on cereals was fixed by Regulation (EEC) No 922/73 (4) and subsequent amending Regulations ; annexed to this Regulation .

Whereas, if the refund system is to operate Article 2 normally, the refund should be calculated on the basis of an exchange rate which is based, in the This Regulation shall enter into force on 11 April case of currencies which are floating or whose 1973 .

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

Done at Brussels, 10 April 1973 .

For the Commission

P.J. LARDINOIS

Member of the Commission

(*) OJ No 117, 19 . 6 . 1967, p . 2269/67 (•) OJ No L 73 , 27. 3 . 1972 , p . 14. (8) OJ No L 73 , 27. 3 . 1972 , p. 5 . (<) OJ No L 90, 6. 4. 1973 , p . 6.

No L 95 /6 Official Journal of the European Communities 11 . 4 . 73

ANNEX

to the Commission Regulation of 10 April 1973 altering the corrective amount applicable to the refund on cereals

(u . a Jton)

1st 2nd 3rd 4th 5 th 6th CCT Current period period period period period period heading Description of goods No 4 5 6 7 8 9 10

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