31974R1997

31 . 7 . 74 Official Journal of the European Communities No L 209 / 3

REGULATION ( EEC) No 1997 / 74 OF THE COUNCIL of 29 July 1974 amending Regulation No 139/67/EEC on the fixing and granting of export refunds on cereals

THE COUNCIL OF THE EUROPEAN ' For the products listed in Article 1 (c) of Regula­ COMMUNITIES, tion No 120 /67/ EEC, the refund applicable on the day on which the application for export licence is Having regard to the Treaty establishing the European lodged, adjusted on the basis of the threshold price Economic Community ; in force during the month of exportation , shall be Having regard to Council Regulation No 120 / applied to exports to be effected during the 67/ EEC (') of 13 June 1967 on the common organiza­ validity of the export licence if the applicant so tion of the market in cereals, as last amended by Regu­ requests when applying for the licence (the lation (EEC) No 1 996/74 (2), and in particular Article request to be made not later than 13.00 hours). 1 6 (5) thereof ; A corrective amount may be fixed . It shall be Having regard to the proposal from the Commission ; applied to the refund where this is fixed in advance . The corrective amount shall be fixed at Whereas Article 16 (4) of Regulation No 120/67/ EEC provides for the possibility of applying wholly or in the same time as the refund according to the same part the provisions governing the advance fixing of procedure ; however, when necessary, the Commis­ export refunds to processed products based on sion, following a request from a Member State or cereals ; whereas for certain flours, groats and meals on its own initiative , may modify the corrective amounts in the interval .' this has been introduced in part by Article 4 ( 1 ) of Council Regulation No 1 39/67/ EEC (3) of 21 June 1967 laying down general rules for granting export refunds on cereals and criteria for fixing the amount Article 2 of such refunds ; whereas the possibility of adjusting the refund by the application of a corrective amount The text of Article 8 of Regulation No 139 /67/ EEC should also be introduced for these products ; shall be replaced by the following : Whereas Article 8 of Regulation No 139/67/ EEC provides for weekly fixing of the export refunds for 'The refunds on the products listed in Article 1 (a), the basic cereals ; whereas this frequency is not always (b) and (c) of Regulation No 120/ 67/ EEC shall be fixed at least once a month .' necessary for good management of the market,

HAS ADOPTED THIS REGULATION : Article 3

Article 1 This Regulation shall enter into force on the day The text of Article 4 ( 1 ) of Regulation No 139/ following its publication in the Official Journal of 67/ EEC shall be replaced by the following : the European Communities.

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

Done at Brussels, 29 July 1974. For the Council The President B. DESTREMAU

(') OJ No 117, 19 . 6 . 1967, p . 2269/67 . (2) See page 1 of this Official Journal . (3 ) OJ No 125, 26 . 6. 1967, p. 2453/ 67.