NoL218/26 OfficialJournaloftheEuropeanCommunities 9.8.74
REGULATION (EEC)No2098/74OFTHECOMMISSION
of8August1974
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbythe
Act(2)annexedtotheTreaty(3)ontheAccessionof
newMemberStatestotheEuropean 'Economic
Community andtheEuropeanAtomicEnergy
Community ,signedatBrusselson22January1972,
andinparticularthefirstsubparagraph ofArticle17
(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbeinforce
duringthemonthofexportation ,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityofthelicence;
WhereasRegulationNo474/67/EEC(4),asamended
byRegulation (EEC)No1397/68(5),'laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(6),aslastamendedbyRegulation
(EEC)No2435/70(7),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refunds9hould'becalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon9August
1974mustbefixedasshownintheTableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceiiirespectofriceand
brokenriceisherebyfixedasshownintheTable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon9August
1974.I
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;
ThisRegulation .shallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,8August1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo174,31.7.1967,p.1.
(2)OJNoL73,27.3.1972,p.14.
(»)OJNoL73,27.3.1972,p.5.
(«)OJNo204,24.8.1967,p.20.
I»\O!NnI■>■>■>10«)1«A(6)OJNo174,31.7.1967,p.32.
i7\mwoi->trjnio7o«i

9.8.74 OfficialJournaloftheEuropeanCommunities NoL218/27
ANNEX
totheCommissionRegulationof8August1974fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
in.a./100
CCT
heading
NoDescriptionofgoodsCurrent
81st
period
92nd
period
103rd
period
114th
period
125th
period
1
10.0* Rice:
Λ.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrained— — — — — —
b)Longgrained— — — — — —
II.Huskedrice:
a)Roundgrained— — — — — —
b)Longgrained— — — — — —
B.Semi-milledorwhollymilled
lice:
I.Semi-milledrice:
a)Roundgrained — — — — —
b)Longgrained — — — — — -
II.Whollymilledrice:
a)Roundgrained — — — — ——
b)Longgrained — — — — ——
C.Brokenrice — — — — — —