31973R1150

3 . 5 . 73 Official Journal of the European Communities No L 117/29

REGULATION (EEC) No 1150/73 OF THE COMMISSION of 2 May 1973 amending Regulation (EEC) No 648/73 laying down detailed rules for the application of monetary compensatory amounts

THE COMMISSION OF THE EUROPEAN Products Processed from Fruit and Vegetables, for COMMUNITIES, Tobacco, for Flax and Hemp and for Fishery Products ; Having regard to the Treaty establishing the Euro­ pean Economic Community ; HAS ADOPTED THIS REGULATION : Having regard to Council Regulation (EEC) No 974/ 71 (*) of 12 May 1971 on certain measures of Article 1 conjunctional policy to be taken in agriculture following the widening of the margins of fluctuation The following is added to Article 5 of Regulation for the currencies of certain Member States , as last ( EEC ) No 648/73 : amended by Regulation ( EEC) No 509/73 (2), and in particular Article 6 thereof ; '4. Where the levy or the refund is to be increased or reduced as the case may be by Whereas Commission Regulation (EEC) No ' accession' compensatory amounts and 'mone­ 648/73 (3) of 1 March 1973 , as amended by Regula­ tary' compensatory amounts and, at the same tion (EEC) No 798/73 (4), laid down detailed rules time, multiplied by a coefficient, the operations for applying the system of 'monetary' compensatory to be effected shall be the following : amounts ; whereas experience has shown that these rules should be further defined and supplemented ; ( a) the levy or the refund shall be multiplied by the coefficient indicated for this purpose ; Whereas it is necessary in particular to specify the ( b ) the result shall be increased or reduced as order in which the various mathematical operations the case may be by the 'accession' compensa­ should be effected where levies, any other charges tory amount, the latter not being multiplied on imports or refunds are to be multiplied by a by the coefficient ; coefficient pursuant to Regulation ( EEC ) No 648 /73 and increased or reduced by other amounts ; ( c) the amount arrived at in this way shall, after conversion into national currency, be Whereas the provisions of the present Regulation increased or reduced as the case may be by should have applied from 13 February 1973 ; the ' monetary' compensatory amount.' whereas they should therefore be made to apply as from that date at the request of the interested Article 2 party ; 1 . This Regulation shall enter into force on the Whereas the measures provided for in this Regula­ third day following its publication in the Official tion are in accordance with the Opinions of the Journal of the European Communities. Management Committees for Fruit and Vegetables, for Wine, for Oils and Fats , for Cereals, for 2. However its provisions shall take effect from Pigmeat, for Poultrymeat and Eggs, for Sugar, for 13 February 1973 at the request of -the interested Milk and Milk Products , for Beef and Veal, for party.

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

Done at Brussels, 2 May 1973 .

For the Commission

The President

Francois-Xavier ORTOLI

(») OJ No L 106, 12. 5 . 1971 , p . 1 . («) OJ No L 50, 23 . 2. 1973, p. 1 . (*) OJ No L 64, 9 . 3 . 1973 , p. 1 . (4) OJ No L 76, 23 . 3 . 1973 , p . 18 .