NoL289/30 OfficialJournaloftheEuropeanCommunities 7.11.75
REGULATION (EEC)No2915/75OFTHECOMMISSION
of6November 1975
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;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon7November
1975mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon7November
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,6November1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(»)OINo174,31.7.1967,p.1.
(2)OJNoL72,20.3.1975,p.18
(3)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6.(5)OJNo174,31.7.1967,p.32.
(6)OJNoL262,3.12.1970,p.1.

7.11.75 NoL289/31 OfficialJournaloftheEuropeanCommunities
ANNEX
totheCommissionRegulationof6November1975fixingthecorrectiveamountappli
cabletotherefundonriceandbrokenrice
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
!11stperiod
122ndperiod
13rdperiod
24thperiod
35thperiod
4
10.06 Rice:l
A.Paddyrice;huskedrice:
I.Paddyrice:II\
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Huskedrice:\\l
a)Roundgrain— — — — — —
\ b)Longgrain 0 00000
B.Semi-milledorwhollymilledrice:\
I.Semi-milled rice: ||
a)Roundgrain— — — — — —
b)Longgrain— _ — — — —
II.Whollymilledrice:
a)Roundgrain— _ — — — —
b)Longgrain 0 00000
C.Brokenrice — — — — — —