16.1.87 OfficialJournaloftheEuropeanCommunities NoL14/39
COMMISSION REGULATION (EEC)No115/87
of15January1987
fixingtheexportrefundsonriceandbrokenrice
theexportrefundonriceandbrokenriceisbeingcalcu­
lated:
Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
therefundforcertainproductsaccordingtodestination ;
Whereasaseparaterefundshouldbefixedforpackaged
longgrainricetoaccommodatecurrentdemandforthe
productoncertainmarkets;
Whereastherefundmustbefixedatleastonceamonth;
whereasitmaybealteredintheinterveningperiod;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice('),aslastamendedbyRegulation(EEC)
No1449/86(2),andinparticularthefirstsentenceofthe
fourthsubparagraph ofArticle17(2)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle17ofRegulation (EEC)No1418/76
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thatRegulationandpricesforthoseproductswithinthe
Communitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
1431/76of21June1976layingdowngeneralrulesfor
grantingexportrefundsonriceandcriteriaforfixingthe
amountofsuchrefunds(3),providesthatwhenrefundsare
beingfixedaccountmustbetakenoftheexistingsitua­
tionandthefuturetrendwithregardtopricesandavaila­
bilitiesofriceandbrokenriceontheCommunitymarket
ontheonehandandpricesforriceandbrokenriceon
theworldmarketontheother;whereasthesameArticle
providesthatitisalsoimportanttoensureequilibrium
andthenaturaldevelopmentofpricesandtradeonthe
ricemarketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneedto
avoiddisturbancesoftheCommunitymarket;
WhereastoCommissionRegulation(EEC)No1361/76(4)
laysdownthemaximumpercentageofbrokenrice
allowedinriceforwhichanexportrefundisfixedand
specifiesthepercentagebywhichthatrefundistobe
reducedwheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum;
WhereasArticle3ofRegulation (EEC)No1431/76
definesthespecificcriteriatobetakenintoaccountwhenWhereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/850,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheserulesandcriteria
tothepresentsituationonthemarketinriceandin
particulartoquotationsorpricesforriceandbrokenrice
withintheCommunityandontheworldmarket,thatthe
refundshouldbefixedassetoutintheAnnexhereto:
Whereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals, (')OJNoL166,25.6.1976,p.1.0OJNoL133,21.5.1986,p.1.
(3)OJNoL166,25.6.1976,p.36.
(4)OJNoL154,15.6.1976,p.11. 0OJNoL164,24.6.1985,p.1.

NoL14/40 OfficialJournaloftheEuropeanCommunities 16.1.87
HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1of
Regulation(EEC)No1418/76withtheexceptionofthose
listedinparagraph 1(c)ofthatArticle,exportedinthenaturalstate,shallbeassetoutintheAnnexhereto.The
refundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon16January
1987.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,15January1987.
FortheCommission
FransANDRIESSEN
Vice-President

16.1.87 OfficialJournaloftheEuropeanCommunities NoL14/41
ANNEX
totheCommissionRegulationof15January1987fixingtheexportrefundsonriceand
brokenrice
(ECU/tonne)
CCT
heading
NoDescriptionAmountof
refund
ex10.06 Rice:
B.I.Paddyrice;huskedrice:
b)Huskedrice:
1.Roundgrain—
2.Longgrain
forexportto:
—Austria,Liechtenstein ,Switzerlandand
thecommunesofLivignoand
Campioned'ltalia 250,00
—Otherthirdcountries —
II.Semi-milledorwhollymilledrice:
a)Semi-milledrice:
1.Roundgrain—
2.Longgrain—
b)Whollymilledrice:
1.Roundgrain—
2.Longgrain
inbulkorpackagedforexportto:
—Austria,Liechtenstein ,Switzerland,the
communesofLivignoandCampione
d'ltaliaaswellasdestinations
mentionedinArticle5ofCommission
Regulation(EEC)No2730/79(1) 312,00
—ZoneI 350,00
—Otherthirdcountries —
inimmediatepackingsof5kgnetorless
forexportto:
—ZonesI,IIb),IVa),IVb)andVI,the
CanaryIslands,CeutaandMelilla 350,00
—ZoneVa)andVIIc)andCanada 355,00
III.Brokenrice —
(')OJNoL317,12.12.1979,p.1.
NB:ThezonesarethosedefinedintheAnnextoRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslast
amendedbyRegulation(EEC)No3817/85(OJNoL368,31.12.1985).
Theexportrefundsaretobeconvertedintonationalcurrenciesusingthespecificagriculturalconversionrates
fixedinRegulation(EEC)No3294/86(OJNoL304,30.11.1986).