NoL1/24 OfficialJournaloftheEuropeanCommunities 3.1.75
REGULATION (EEC)No10/75OFTHECOMMISSION
of31December 1974
amendingRegulation (EEC)No2012/74layingdowndetailedrulesasregards
productionrefundsinthecerealsandricesectors
HASADOPTED THISREGULATION : THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(')of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No1996/74(2);
HavingregardtoCouncilRegulationNo359/
67/EEC(3)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No1129/74(4);
HavingregardtoCouncilRegulation (EEC)No
1132/74(5)of29April1974onproductionrefundsin
thecerealsandricesectors,aslastamendedby
CouncilRegulation (EEC)No3113/74(6);
WhereasRegulation (EEC)No2012/74(7)laysdown
thattheproductionrefundisadjustedbyreferenceto
thethresholdpriceofthebasicproductconcerned ;
whereasthisadjustmentisnoteconomically justified
wherethethresholdpriceapplicableonthedayof
processingislessthanthepriceapplicableontheday
whichtheapplicationfortheproducttobeplaced
underofficialsupervisionwasaccepted;
WhereaswheretheamountslaiddowninArticles 1,4
and5ofRegulation (EEC)No1132/74areamended
inordertoestablishequitableconditionsforcompeti­
tionbetweenproducers,itisnecessarytoprovidefora
corresponding adjustmenttotheproductionrefund;
Whereas,inordertoguaranteetheactualrepayment
oftheadjustmentwhichwhereapplicableistobe
madebythepersonentitledtotherefundtothe
competentagency,provisionshouldbemadethatthe
securityisnotreleaseduntilafterthisrepaymenthas
beenmade;
Whereasforreasonsofclarityitisadvisabletorepu­
blishthewholeofArticle2(3)ofRegulation (EEC)
No2012/74;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,Article1
ThetextofArticle2(3)ofRegulation (EEC)No
2012/74shallbereplacedbythefollowing :
'Theproductionrefundshallbecalculatedbyrefer­
encetothethresholdpriceapplicableontheday
onwhichtheapplicationforthebasicproductto
beplacedunderofficialsupervisionwasaccepted
andshallbepaidwithin30daysfollowingaccep­
tanceofsuchapplication .
Theproductionrefundshallbeincreasedbythe
differencebetweenthethresholdprices,wherethe
thresholdpriceforthebasicproductconcerned
applicableonthedayofprocessingismorethan
thethresholdpriceapplicableonthedayon
whichtheapplicationfortheproducttobeplaced
underofficialsupervisionwasaccepted.The
amountofthisincreaseshallbepaidbythe
competentagencytothepersonentitledtothe
refundwithin30daysfollowingthedayof
processing .However,noadjustmentshallbemade
inrespectofthatpartofthechangeinthe
thresholdpriceresultingfromthedecisionto
increasepricesof7October1974.
WheretheamountslaiddowninArticle 1(1)and
(2),Article4(2)andArticle5(2)ofRegulation
(EEC)No1132/74areadjustedbetweentheday
onwhichtheapplicationforthebasicproductto
beplacedunderofficialsupervision isaccepted
andthedayofprocessing,theproductionrefund
shallbeadjustedfor100kgofthebasicproductin
proportiontothisadjustment .Theamountofthis
adjustmentshallbe:
(a)repaidbythepersonentitledtotheproduction
refundtothecompetentagencywherethe
adjustmentnecessitates areductioninthe
productionrefund;or
(b)shallbepaidbythecompetentagencytothe
personentitledtotherefundwheretheadjust­
mentnecessitatesanincreaseintheproduc­
tionrefundwithin30daysfollowingthedayof
processing'.
ForthenewMemberStates,theamounttobetaken
asthethresholdpriceshallbethethresholdpriceof(>)OJNo117,19.6.1967,p.2269/67.
(3)OJNo174,31.7.1967,p.1.{2)OJNoL209,31.7.1974,p.1.
(4)OJNoL128,10.5.1974,p.20.
(5)OJNoL128,10.5.1974,p.2.
(b)OJNoL332,12.12.1974,p.1.
(7)OJNoL209,31.7.1974,p.44.

3.1.75 OfficialJournaloftheEuropeanCommunities NoL1/25
96%ofthequantityofthebasicproduct
placedundersupervisionhasbeenprocessed
notlaterthan90daysfollowingacceptanceof
theapplicationfortheproducttobeplaced
underofficialsupervision ,
(b)whereapplicable,theamountreferredtointhe
firstindentofthethirdparagraphofArticle
2(3)hasbeenrepaid.'thebasicproductlesstherelevantaccessioncompensa­
toryamount.However,forthepurposesoftheadjust­
mentreferredtointheprecedingparagraph,theacces­
sioncompensatory amounttobedeductedfromthe
thresholdpricevalidforthemonthduringwhich
processingtakesplaceshallbethatvalidontheday
onwhichtheapplicationforofficialsupervisionis
accepted.
Article2
ThetextofthefirstparagraphofArticle4(3)ofRegu­
lation(EEC)No2012/74shallbereplacedbythe
following :
'Thesecurityshallbereleasedwhen:
(a)thepersonentitledtotherefundhasfurnished
prooftothecompetentagencythatatleastArticle3
ThisRegulationshallenterintoforcethedayofits
publicationistheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31December1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission