NoL173/30 OfficialJournaloftheEuropeanCommunities 4.7.75
REGULATION (EEC)No1714/75OFTHECOMMISSION
of3July1975
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(1)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No476/75(2),andinparticularthefirst
subparagraph ofArticle17(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbeinforce
duringthemonthofexportation,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamended
byRegulation (EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(5),aslastamendedbyRegulation
(EEC)No2435/70(6),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
WhereasiftherefundsystemistoOperatenormally ,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon4July1975
mustbefixedasshowninthetableannexedtothis
Regulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon4July1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,3July1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(l)OJNo174,31.7.1967,p.1.
(2)OJNoL52,28.2.1975,p.31.
Q)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6.(5)OJNo174,31.7.1967,p.32.
(*)OJNoL262,3.12.1970,p.1.

4.7.75 OfficialJournaloftheEuropeanCommunities NoL173/31
ANNEX
totheCommissionRegulationof3July1975fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(u.a./100kg)
CCT
heading
NoDescriptionofgoodsCurrent
71stperiod
82ndperiod
93rdperiod
104thperiod
115thperiod
12
10.06 Rice:\I
A.Paddyrice;huskedrice:I
I.Paddyrice: I
a)Roundgrain— — — •— — —
b)Longgrain— — — — — —
II.Huskedrice:lll\ \ a)Roundgrain— — — — — — \ b)Longgrain— — — — — —
B.Semi-milledorwhollymilledrice:II||\\
I.Semi-milled rice:\
a)Roundgrain— — — — — —
b)Longgrain— — — — —l II.Whollymilledrice:lilili
a)Roundgrain— — — — _ —
b)Longgrain— — — — — —
C.Brokenrice — — — — — —