31973R2662

29 . 9 . 73 Official Journal of the European Communities No L 273/ 83

REGULATION ( EEC) No 2662/73 OF THE COMMISSION of 28 September 1973 altering the corrective amount applicable to the refund on cereals

THE COMMISSION OF THE EUROPEAN of these currencies recorded for a given period, in COMMUNITIES, relation to the Community currencies referred to in the previous subparagraph ; Having regard to the Treaty establishing the European Economic Community ; Whereas, on the basis of today's cif prices and cif forward delivery prices, taking foreseeable develop­ Having regard to Council Regulation No 120/ ments on the market into account, the corrective 67/EEC (') of 13 June 1967 on the common organiza­ amount at present applicable to the refund on cereals tion of the market in cereals, as last amended by Regu­ should be altered ; lation (EEC) No 1346/73 (2), and in particular the second sentence of the first subparagraph of Article 1 6 (4) thereof ; HAS ADOPTED THIS REGULATION : Having regard to the Opinion of the Monetary Committee ; Article 1 Whereas, the corrective amount applicable to the refund on cereals was fixed by Regulation (EEC) No The corrective amount referred to in Article 16 (4) of 2616/73 (3) and subsequent amending Regulations ; Regulation No 120/67/ EEC which is applicable to the Whereas, if the refund system is to operate normally, export refunds fixed in advance in respect of cereals is refunds should be calculated on the following basis : hereby altered as shown in the Table annexed to this — in the case of currencies which are maintained in Regulation . relation to each other, at any given moment, within a band of 2-25 % , a rate of exchange based Article 2 on their effective parity ; — for other currencies an exchange rate based on the This Regulation shall enter into force on 1 October 1973 . arithmetic mean of the spot market rates of each

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

Done at Brussels , 28 September 1973 . For the Commission P.J. LARDINOIS Member of the Commission

(') OJ No 117, 19 . 6 . 1967, p . 2269 / 67 . (-') OJ No L 141 , 28 . 5 . 1973 , p . 8 . ( 3) OJ No L 271 , 28 . 9 . 1973 , p . 5 .

No L 273 / 84 Official Journal of the European Communities 29 . 9 . 73

ANNEX

to the Commission Regulation of 28 September 1973 altering the corrective amount applicable to the refund on cereals (u.aJton)

CCT 1st 2nd 3rd 4th 5th Ah Current period period period period period period heading Description of goods No 10 11 12 1 2 3 4

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