16.3.79 NoL66/13 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No505/79
of15March1979
fixingtheexportrefundsonriceandbrokenrice
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2*25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
market,thattherefundshouldbefixedassetoutin
theAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice(*),aslastamendedbyRegu­
lation(EEC)No1260/78(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee,
WhereasArticle17ofRegulation(EEC)No1418/76
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulation (EEC)No
1431/76of21June1976layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds(3),providesthat
whenrefundsarebeingfixedaccountmustbetaken
oftheexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofriceandbroken
riceontheCommunitymarketontheonehandand
pricesforriceandbrokenriceontheworldmarket
ontheother;whereasthesameArticleprovidesthat
itisalsoimportanttoensureequilibriumandthe
naturaldevelopment ofpricesandtradeontherice
marketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneed
toavoiddisturbancesoftheCommunitymarket;
WhereasRegulation(EEC)No1361/76(4)laysdown
themaximumpercentageofbrokenriceallowedin
riceforwhichanexportrefundisfixedandspecifies
thepercentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum;
WhereasArticle3ofRegulation (EEC)No1431/76
definesthespecificcriteriatobetakenintoaccount
whentheexportrefundonriceandbrokenriceis
beingcalculated;HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1
ofRegulation(EEC)No1418/76withtheexception
ofthoselistedinparagraph 1(c)ofthatArticle,
exportedinthenaturalstate,shallbeassetoutinthe
Annexhereto.
Article2
ThisRegulationshallenterintoforceon16March
1979.(!)OJNoL166,25.6.1976,p.1.
(2)OJNoL156,14.6.1978,p.11.
(3)OJNoL166,25.6.1976,p.36.
(«)OJNoL154,15.6.1976,p.11.

NoL66/14 OfficialJournaloftheEuropeanCommunities 16.3.79
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,15March1979.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof15March1979fixingtheexportrefundsonriceand
brokenrice
(u.a./tonne)
CCT
heading
NoDescriptionAmountof
refund
10.06 Rice:
A.Paddyrice;huskedrice:
II.Huskedrice:
a)Roundgrain
b)Longgrain
forexportto:
—Austria,Liechtenstein ,SwitzerlandandPortugal 9000
—Otherthirdcountries —
B.Semi-milledorwhollymilledrice:I
I.Semi-milled rice:| a)Roundgrain—
b)Longgrain—
II.Whollymilledrice:
a)Roundgrain—
b)Longgrain
forexportto:
—Austria,Liechtenstein andSwitzerlandaswellas
destinations mentionedinArticle3ofCommis
sionRegulation (EEC)No192/75(') 11200
—Otherthirdcountries —
C.Brokenrice —
(')OJNoL25,17.1.1975,p.1.
NB:ThezonesarethosedefinedinRegulation(EEC)No1124/77(OJNoL134,28.5.1977).