31973R1240

No L 128 / 8 15 . 5 . 73 Official Journal of the European Communities

REGULATION (EEC) No 1240/73 OF THE COMMISSION of 14 May 1973 altering the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN the official parity, on the effective rate or the central COMMUNITIES, rate of these currencies and, in the case of the US dollar, on the change in parity announced on 13 Having regard to the Treaty establishing the European February 1973 ; Economic Community ; Whereas, on the basis of today's cif prices and cif Having regard to Council Regulation No forward delivery prices, taking foreseeable develop­ 120/67/EEC ( J) of 13 June 1967 on the common ments on the market into account, the corrective organization of the market in cereals, as last amended amount at present applicable to the refund on cereals by the Act (2) annexed to the Treaty (3) on the Acces­ should be altered ; sion of new Member States to the European Economic Community and the European Atomic Energy Community, signed at Brussels on 22 January 1972, HAS ADOPTED THIS REGULATION : and in particular the second sentence of the first subparagraph of Article 1 6 (4) thereof ; Article 1

Having regard to the Opinion of the Monetary The corrective amount referred to in Article 1 6 (4) of Committee ; Regulation No 120/67/EEC which is applicable to the export refunds fixed in advance in respect of cereals is Whereas, the corrective amount applicable to the hereby altered as shown in the Table annexed to this refund on cereals was fixed by Regulation (EEC) No Regulation . 1206/73 (4) and subsequent amending Regulations ; Whereas, if the refund system is to operate normally, Article 2 the refund should be calculated on the basis of an exchange rate which is based, in the case of currencies This Regulation shall enter into force on 15 May which are floating or whose central rate differs from 1973 .

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

Done at Brussels, 14 May 1973.

For the Commission

P.J. LARDINOIS Member of the Commission

(') OJ No 117, 19 . 6. 1967, p . 2269/67. (2) O) No L 73, 27. 3. 1972, p. 14. P) OJ No L 73, 27. 3. 1972, p. 5. (") OJ No L 125, 11 . 5. 1973, p. 5.

15 . 5 . 73 Official Journal of the European Communities No L 128/9

ANNEX

to the Commission Regulation of 14 May 1973 altering the corrective amount applicable to the refund on cereals

(u.a. /ton)

1st 2nd 3rd 4th 5th 6th CCT Current period period period period period period heading Description of goods No 5 6 7 8 9 10 11

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