6.3.76 OfficialJournaloftheEuropeanCommunities NoL59/27
COMMISSION REGULATION (EEC)No504/76
of5March1976
fixingtheexportrefundsonriceandbrokenrice
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
market,thattherefund,shouldbefixedasshownin
theAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
Havingregardtothe.TreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo359/
67/EECof25July1967onthecommonorganiza­
tionofthemarketinrice(*),aslastamendedbyRegu­
lation(EEC)No668/75(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle17ofRegulationNo359/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulationNo366/
67/EECof25July1967layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds(3),aslastamended
byRegulation (EEC)No478/75(4),providesthat
whenrefundsarebeingfixedaccountmustbetaken
oftheexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofriceandbroken
riceontheCommunitymarketontheonehandand
pricesforriceandbrokenriceontheworldmarket
ontheother;whereasthesameArticleprovidesthat
itisalsoimportanttoensureequilibriumandthe
naturaldevelopment ofpricesandtradeontherice
marketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneed
toavoiddisturbanceoftheCommunitymarket;
WhereasRegulationNo669/67/EEC(5),asamended
byRegulation (EEC)No1057/68(6),laysdownthe
maximumpercentageofbrokenriceallowedinrice
forwhichanexportrefundisfixedandspecifiesthe
percentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulationNo366/67/EEC
definesthespecificcriteriatobetakenintoaccount
whentheexportrefundonriceandbrokenriceis
beingcalculated ;HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1of
RegulationNo359/67/EECwiththeexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
(')OJNo174,31.7.1967,p.1.
\2)OJNoL72,20.3.1975,p.18.
3)OJNo174,31.7.1967,p.34.
(4)OJNoL52,28.2.1975,p.34.Article2
ThisRegulationshallenterintoforceon6March
1976.(5)OJNo241,5.10.1967,p.6.
(6)O]NoL179,25.7.1968,p.31

NoL59/28 OfficialJournaloftheEuropeanCommunities 6.3.76
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,5March1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommission Regulationof5March1976fixingtheexportrefundsonriceand
brokenrice
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsAmountof
refund
10.06 Rice:
A.Paddyrice;huskedrice:
I
II.Huskedrice:
a)Roundgrain
b)Longgrain:
forexportto:
—Austria,SwitzerlandandLiechtenstein 5000
6000 —Portugal
—Otherthirdcountries
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain
b)Longgrain
II.Whollymilledrice:
a)Roundgrain:
forexportto:
—Austria,SwitzerlandandLiechtenstein aswellas
destinations mentionedinArticle3ofCommis­
sionRegulation (EEC)No192/75(')
—Otherthirdcountries
b)Longgrain:
forexportto:
—Austria,SwitzerlandandLiechtenstein aswellas
destinations mentionedinArticle3ofCommis­
sionRegulation (EEC)No192/75(1)
—Libya
—ZoneIV
C.Brokenrice3000
6300
117.00
125.00
(')OJNoL25,17.1.1975,p.1.
N.B.Ifnoamountisfixedfortherefund,thecorrectiveamountforsuchrefundisnotfixed.
ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).