3.2.78 OfficialJournaloftheEuropeanCommunities NoL32/29
COMMISSION REGULATION (EEC)No229/78
of2February1978
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice(!),asamendedbyRegula­
tion(EEC)No1158/77(2),andinparticularthe
secondsubparagraph ofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,1418/76;whereasthecifforwarddeliverypriceisthat
determinedinaccordancewithArticle3(2)ofRegula­
tion(EEC)No1428/76(5),based,inrespectofeach
monthforwhichtheexportlicenceisvalid,onthecif
pricecalculatedonthebasisofoffersforshipment
duringthemonthofexportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon3February
1978mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,Whereasthefirstsubparagraph ofArticle17(4)of
Regulation (EEC)No1418/76providesthatthe
exportrefundapplicabletoriceandbrokenriceon
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpricewhichwillbe
inforceduringthemonthofexportation ,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamended
byRegulation (EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
HASADOPTED THISREGULATION :WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-25unitofaccountpertonne;whereas,
ontheotherhand,therefundmustbeincreasedby
anamountnogreaterthanthedifferencebetweenthe
cifpriceandthecifforwarddeliveryprice,wherethe
formerexceedsthelatterbymorethan0-25unitof
accountpertonne;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulation (EEC)NoArticle1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation (EEC)No1418/76whichisapplicableto
theexportrefundsfixedinadvanceinrespectofrice
andbrokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon3February
1978.0)OJNoL166,25.6.1976,p.1.
(2)OJNoL136,2.6.1977,p.13.
3OJNo204,24.8.1967,p.20.
(4OJNoL222,10.9.1968,p.6. (5)OJNoL166,25.6.1976,p.30.

NoL32/30 OfficialJournaloftheEuropeanCommunities 3.2.78
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,2February1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof2February1978fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(u.a./tonne)
CCT
heading
NoDescriptionCurrent
21stperiod
32ndperiod
43rdperiod
54thperiod
65thperiod
7
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
?)Roundgrain
b)Longgrain— — — — — —
II.Huskedrice:
a)Roundgrain 000 000
b)Longgrain 000000
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Whollymilledrice:
a)Roundgrain 0 00000
b)Longgrain 0 00000
C.Brokenrice — — — — — —