25.6.76 OfficialJournaloftheEuropeanCommunities NoL165/37
COMMISSION REGULATION (EEC)No1481/76
of24June1976
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
minedinaccordancewithAriicle3(2)ofRegulation
No365/67/EEC(5),aslastamendedbyRegulation
(EEC)No2435/70(6),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
.intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon25June
1976mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo359/
67/EECof25July1967onthecommonorganiza­
tionofthemarketinrice('),aslastamendedbyRegu­
lation(EEC)No668/75(2),andinparticularthefirst
subparagraph ofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbeinforce
duringthemonthofexportation ,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamended
byRegulation (EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-25unitofaccountpermetricton;
whereas,ontheotherhand,therefundmustbe
increasedbyanamountnogreaterthanthedifference
betweenthecifpriceandthecifforwarddelivery
price,wheretheformerexceedsthelatterbymore
than0-25unitofaccountpermetricton;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
whereasthecifforwarddeliverypriceisthatdeter­HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Articlc2
ThisRegulationshallenterintoforceon25June
1976.(')OJNo174,31.7.1967,p.1.
(-')OJNoL72,20.3.1975,p.18
(3)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6.(')O)No174,31.7.1967,p.32.
(b)OJNoL262,3.12.1970,p.1.

NoL165/38 OfficialJournaloftheEuropeanCommunities 25.6.76
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24June1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof24June1976fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(u.a../tut(tilton)
CCT
heading
NoDescriptionofgoodsCurrent
61stperiod
72ndperiod
X3rdperiod
94thperiod
10Milperiod
11
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Huskedrice:
a)Roundgrain— — — — — —
b)Longgrain 0 0 0 0 0 0
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Whollymilledrice:
a)Roundgrain 0 0 0 0 0 0
b)Longgrain 0 0 0 0 0 0
C.Brokenrice — — — — — —