31.5.73 OfficialJournaloftheEuropeanCommunities NoL144/15
REGULATION (EEC)No1432/73OFTHECOMMISSION
of30May1973
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(6),aslastamendedbyRegulation
(EEC)No2435/70(7),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthebasisofan
exchangeratewhichisbased,inthecaseofcurrencies
whicharefloatingorwhosecentralratediffersfrom
theofficialparity,ontheeffectiverateorthecentral
rateofthesecurrenciesand,inthecaseoftheUS
dollar,onthechangeinparityannouncedon13
February1973;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon1June1973
mustbefixedasshownintheTableannexedtothis
Regulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals:THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(1)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbythe
Act(2)annexedtotheTreaty(3)ontheAccessionof
newMemberStatestotheEuropeanEconomic
CommunityandtheEuropeanAtomicEnergy
Community ,signedatBrusselson22January1972,
andinparticularthefirstsubparagraph ofArticle17
(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbeinforce
duringthemonthofexportation ,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityofthelicence;
WhereasRegulationNo474/67/EEC(4),asamended
byRegulation (EEC)No1397/68(5),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0·025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0·025unitofaccountper100kilo­
grammes ;HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshownintheTable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon1June1973.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30May1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(»)OJNo174,31.7.1967,p.1.
(2)OJNoL73,27.3.1972,p.14.
(3)OJNoL73,27.3.1972,p.5.
(4)OJNo204,24.8.1967,p.20.
(5)OJNoL222,10.9.1968,p.6.(b)OJNo174,31.7.1967,p.32.
(7)OJNoL262,3.12.1970,p.1.

NoL144/16 OfficialJournaloftheEuropeanCommunities 31.5.73
ANNEX
totheCommissionRegulationof30May1973fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(u.c./100kg)
CCT
heading
NoDescriptionofgoodsCurrent
61st
period
72nd
period
83rd
period
94th
period
105th
period
11
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrained
b)Longgrained
II.Huskedrice:
a)Roundgrained
b)Longgrained
B.Semi-milledorwhollymilled
rice:
I.Semi-milledrice:
a)Roundgrained
b)Longgrained
II.Whollymilledrice:
a)Roundgrained
b)Longgrained
C.Brokenrice