31974R0350

13 . 2 . 74 Official Journal of the European Communities No L 41 /9

REGULATION ( EEC) No 350/ 74 OF THE COMMISSION of 12 February 1974 amending Regulation (EEC) No 1463/73 laying down detailed rules for the appli­ cation of monetary compensatory amounts

THE COMMISSION OF THE EUROPEAN basis of prices on the world market ; whereas applica­ COMMUNITIES, tion of the coefficient is justified only where world market prices are taken into consideration ; Having regard to the Treaty establishing the European Economic Community ; Whereas, for the avoidance of doubt, it is necessary to clarify the situation and to specify that, with effect Having regard to Council Regulation ( EEC) No from the date on which the coefficient concerned first 974/71 (') of 12 May 1971 on certain measures of applied to export levies under Regulation (EEC) No conjunctural policy to be taken in agriculture 1463 /73, the coefficient does not apply to the amount following the temporary widening of the margins of charged on export referred to above ; fluctuation for the currencies of certain Member States, as last amended by Regulation (EEC) No Whereas the measures provided for in this Regulation 3450 / 73 (2), and in particular Article 6 thereof ; are in accordance with the Opinion of the Manage­ ment Committee for Milk and Milk Products, Whereas Article 4 (3) of Commission Regulation (EEC) No 1 463/73 (3) of 30 May 1973 laying down detailed rules for the application of monetary compen­ HAS ADOPTED THIS REGULATION : satory amounts, as last amended by Regulation (EEC) No 3482/73 (4), stipulates that in trade with third coun­ Article 1 tries import charges , export refunds and export levies expressed in units of account must be multiplied by a The following sentence is hereby added to Article coefficient ; 4(3) of Regulation (EEC) No 1463/73 with effect from 14 August 1973 : Whereas, pursuant to the last indent of Article 2(1 ) of Council Regulation ( EEC) No 986/ 68 (5 ) of 15 July 'The amount charged, pursuant to the second 1968 laying down general rules for granting aid for indent of Article 2(1 ) of Regulation (EEC) No 986/ 68 , on skimmed milk and skimmed-milk skimmed milk and skimmed-milk powder for use as animal feed , as last amended by Regulation (EEC) No powder exported in the form of denatured skim­ 1038 / 72 (6), an amount equal to the aid granted is med-milk powder or compound feedingstuffs shall charged on skimmed milk and skimmed-milk powder not be regarded as an export levy for the purposes exported in the form of denatured skimmed-milk of this Regulation .' powder or compound feedingstuffs ; Article 2 Whereas this charge constitutes in effect the reimbursement of aid previously granted ; whereas the This Regulation shall enter into force on the day of its amount so charged cannot therefore be treated as an publication in the Official Journal of the European export levy since such levies are calculated on the Communities.

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

Done at Brussels, 12 February 1974 . For the Commission The President Francois-Xavier ORTOLI

(') OJ No L 106, 12. 5 . 1971 , p . 1 . I1) OJ No L 353, 22. 12. 1973, p. 25. (J) OJ No L 146, 4. 6 . 1973 , p . 1 . (4) OJ No L 357, 28 . 12. 1973 , p. 15 . (s ) OJ No L 169 , 18 . 7. 1968 , p. 4. ■v 6) OJ No L 118 , 20 . 5 . 1972, p . 21 .