26.9.75 OfficialJournaloftheEuropeanCommunities NoL250/21
REGULATION (EEC)No2442/75OFTHECOMMISSION
of25September1975
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(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;
whereasthecifforwarddeliverypriceisthatdeter­minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(5),aslastamendedbyRegulation
(EEC)No2435/70(6),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangerarebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon1October
1975mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon1October
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,25September1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(')O)No174,31.7.1967,p.1.
(-1)0"|NoL72,20.3.1975,p.18.
(■>)O'lNo204,24.8.1967,p.20.
(4)O'lNoL222,10.9.1968,p.6.(5)OJNo174,31.7.1967,p.32.
(<>)OJNoL262,3.12.1970,p.1.

NoL250/22 OfficialJournaloftheEuropeanCommunities 26.9.75
ANNEX
totheCommissionRegulationof25September1975fixingthecorrectiveamountappli
cabletotherefundonriceandbrokenrice
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
101stperiod
U2ndperiod
123rdperiod
14thperiod
25thperiod
3
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrain
b)Longgrain— — — — — —
II.Huskedrice:
a)Roundgrain— — — — —'—
b)Longgrain— — — — — —
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:l
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Whollymilledrice:
a)Roundgrain
b)Longgrain
C.Brokenrice — — — — — —