28.5.88 OfficialJournaloftheEuropeanCommunities NoL132/51
COMMISSION REGULATION (EEC)No1462/88
of27May1988
fixingtheexportrefundsonriceandbrokenrice
THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,theexportrefundonriceandbrokenriceisbeingcalcu­
lated:
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
therefundforcertainproductsaccordingtodestination;HavingregardtotheActofAccessionofSpainand
Portugal,
whereasaseparaterefundshouldbefixedforpackaged
longgrainricetoaccommodate currentdemandforthe
productoncertainmarkets;HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice('),aslastamendedbyRegulation(EEC)
No3990/87(2),andinparticularthefirstsentenceofthe
fourthsubparagraphofArticle17(2)thereof, Whereastherefundmustbefixedatleastonceamonth;
whereasitmaybealteredintheinterveningperiod;
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle17ofRegulation(EEC)No1418/76
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thatRegulationandpricesforthoseproductswithinthe
Communitymaybecoveredbyanexportrefund;Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/87(«);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedfora-givenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;WhereasArticle2ofCouncilRegulation (EEC)No
1431/76of21June1976layingdowngeneralrulesfor
grantingexportrefundsonriceandcriteriaforfixingthe
amountofsuchrefunds(3),providesthatwhenrefundsare
beingfixed,accountmustbetakenoftheexistingsitua­
tionandthefuturetrendwithregardtopricesandavaila­
bilitiesofriceandbrokenriceontheCommunitymarket
ontheonehandandpricesforriceandbrokenriceon
theworldmarketontheother;whereasthesameArticle
providesthatitisalsoimportanttoensureequilibrium
andthenaturaldevelopmentofpricesandtradeonthe
ricemarketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneedto
avoiddisturbancesoftheCommunitymarket;Whereasitfollowsfromapplyingtheserulesandcriteria
tothepresentsituationonthemarketinriceandin
particulartoquotationsorpricesforriceandbrokenrice
withintheCommunityandontheworldmarket,thatthe
refundshouldbefixedassetoutintheAnnexhereto;
WhereastoCommissionRegulation(EEC)No1361/76(4)
laysdownthemaximumpercentageofbrokenrice
allowedinriceforwhichanexportrefundisfixedand
specifiesthepercentagebywhichthatrefundistobe
reducedwheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum;Whereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;
WhereasArticle3ofRegulation(EEC)No1431/76
definesthespecificcriteriatobetakenintoaccountwhenWhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
(■)OJNoL166,25.6.1976,p.1.0OJNoL377,31.12.1987,p."15.
(3)OJNoL166,25.6.1976,p.36.
(4)OJNoL154,15.6.1976,p.11.0OJNoL164,24.6.1985,p.1.
(«)OJNoL153,13.6.1987,p.1.

NoL132/52 OfficialJournaloftheEuropeanCommunities28.5.88
HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1of
Regulation(EEC)No1418/76withtheexceptionofthoselistedinparagraph1(c)ofthatArticle,exportedinthe
naturalstate,shallbeassetoutintheAnnexhereto.The
refundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon1June1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27May1988.
FortheCommission
FransANDRIESSEN
Vice-President

28.5.88 OfficialJournaloftheEuropeanCommunities NoL132/53
ANNEX
totheCommissionRegulationof27May1988fixingtheexportrefundsonriceandbroketl
rice
(ECU/tonne)
Productcode.Destination(')Amount
ofrefund
10062010000
10062090000
10063011000
10063019000
10063091000
10063099100
10063099900
1006400000001
02
01
03
05
06
07
08
09
10
11
12
13"
14
01
13224,00
280,00
300,00
300,00
305,00
305,00
300,00
300,00
305,00
305,00
305,00
280,00
305,00
280,00
280,00
(')Thedestinationsareidentifiedasfollows:
01Austria,Liechtenstein ,Switzerland,thecommunesofLivignoandCampioned'ltalia
02ThirdcountriesotherthanAustria,Liechtenstein ,SwitzerlandandthecommunesofLivignoandCampione
d'ltalie
03ZoneI
04ThirdcountriesotherthanAustria,,Liechtenstein ,Switzerland,thecommunesofLivignoandCampione
d'ltalieandcountriesofZoneI
05ZoneIIb)
06ZoneIVa)
07ZoneIVb)
08ZoneVI
09CanaryIslands,CeutaandMelilla
10ZoneVa)
11ZoneVIIc)
12Canada
13DestinationsmentionedinArticle34ofCommissionRegulation(EEC)No3665/87(OJNoL351,14.12.
1987,p.1)
14ZoneVIII,exceptSurinam,GuyanaandMadagascar .
NB:ThezonesarethosedefinedintheAnnextoRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslast
amendedbyRegulation(EEC)No296/88(OJNoL30,2.2.1988).
Theexportrefundsaretobeconvertedintonationalcurrenciesusingthespecificagriculturalconversionrates
fixedinamendedRegulation(EEC)No3294/86(OJNoL304,30.10.1986).
TheproductcodesandthefootnotesaredefinedinRegulation(EEC)No3846/87asamended.