15.3.74 OfficialJournaloftheEuropeanCommunities NoL72/17
REGULATION (EEC)No587/74OFTHECOMMISSION
of14March1974
fixingthepremiumstobeaddedtotheleviesonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(J)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbythe
Act(2)annexedtotheTreaty(3)ontheAccessionof
newMemberStatestotheEuropeanEconomic
Community andtheEuropeanAtomicEnergy
Community ,signedatBrusselson22January1972,
andinparticularArticle13(6)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthepremiumstobeaddedtotheimport
leviesfixedinadvanceforriceandbrokenricemust
includeapremiumforthecurrentmonthanda
premiumforeachofthefollowingmonthsuntilthe
expiryoftheperiodofvalidityoftheimportlicence;
whereasthisperiodofvaliditywaslaiddownin
Article20(2)ofCommissionRegulation (EEC)No
2637/70(4)of23December1970,aslastamendedby
Regulation(EEC)No128/73(5);
WhereasCouncilRegulationNo365/67/EEC(6)of25
July1967,aslastamendedbyRegulation (EEC)No
2435/70(7),laysdownrulesfortheadvancefixingof
leviesonriceandbrokenrice;
WhereasunderthetermsofRegulationNo365/
67/EEC,wherethecifpriceforhuskedriceformilled
riceorforbrokenricedeterminedonthedayon
whichthepremiumsarefixedishigherthanthecif
forwarddeliverypriceforthesameproduct,the
premiumshouldasageneralrulebeequaltothe
differencebetweenthesetwoprices;whereasthecif
priceisthatdeterminedinaccordancewithArticle16
ofRegulationNo359/67/EEConthedayonwhich
thepremiumsarefixed;whereasthedetailedrulesfor
determiningcifpriceswerelaiddowninRegulation
(EEC)No1613/71(8),aslastamendedbyRegulation
(EEC)No363/72(9);whereasthecifforwarddelivery
pricemustalsobedeterminedinaccordancewithArticle16ofRegulationNo359/67/EECbutonthe
basisofoffersatNorthSeaports;whereasthisprice
mustbethecifpriceforshipmentduringthemonth
inwhichtheimportlicenceisissuedinthecaseof
importstobeeffectedduringthatmonth;whereas
thispricemustbethecifpriceforshipmentduring
themonthinwhichimportationisexpectedtotake
placeinthecaseofimportstobeeffectedduringthe
monthfollowingthemonthinwhichtheimport
licenceisissued;whereasthispricemustbethecif
priceforshipmentduringthemonthprecedingthe
monthinwhichimportationisexpectedtotakeplace
inthecaseofimportstobeeffectedduringthe
remainingmonthsforwhichtheimportlicenceis
valid;whereas,ifnoofferforforwarddeliveryismade
forshipmentduringagivenmonth,thispriceshould
bethepricerulingforshipmentduringthelast
monthinwhichanofferforforwarddeliverywas
made;
Whereasthepremiumisequalto0unitsofaccountif
thecifpricedeterminedonthedayonwhichthe
scaleofthepremiumsisfixedisequaltothecif
forwarddeliverypriceorexceedsthatpricebynot
morethan0-025unitsofaccountper100kilo­
grammes;
Whereasthepremiummay,however,befixedata
higherlevelinexceptionalcircumstances andwithin
certainspecifiedlimits;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthepremiumsshouldbefixedasshowninthe
TableannexedtothisRegulation ;whereasthe
amountofthepremiumsshouldbealteredonlyif
applicationoftheabovementioned provisionsentailsa
changeofmorethan0-025unitofaccount,(!)OJNo174,31.7.1967,p.1.
(2)OJNoL73,27.3.1972,p.14.
(3)OJNoL73,27.3.1972,p.5.
(«)OJNoL283,29.12.1970,p.15.
5)OJNoL17,20.1.1973,p.16.
(6)OJNo174,31.7.1967,p.32.
(7)OJNoL262,3.12.1970,p.3.
(8)OJNoL168,27.7.1971,p.28.
OOJNoL46,22.2.1972,p.9.

NoL72/18 OfficialJournaloftheEuropeanCommunities 15.3.74
herebyfixedasshownintheTableannexedtothis
Regulation .HASADOPTED THISREGULATION :
Article1Article2
ThisRegulationshallenterintoforceon15March
1974.Thepremiumstobeaddedtotheimportleviesfixed
inadvanceinrespectofriceandbrokenriceare
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,14March1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof14March1974fixingthepremiumstobeaddedtothe
leviesonriceandbrokenrice
[u.a./lOOkg)
CCT
heading
NoDescriptionofgoodsCurrent
31st
period
42nd
period
53rd
period
6
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrained 0 0 0—
b)Longgrained 0 0 0 0
II.Huskedrice:
a)Roundgrained 0 0 0 —
b)Longgrained 0 0 0 0
B.Semi-milledorwhollymilled
rice:
I.Semi-milledrice:
a)Roundgrained 0 0 0 —
b)Longgrained 0 0 0 0
II.Whollymilledrice:
a)Roundgrained 0 0 0 —
b)Longgrained 0 0 0 0
C.Brokenrice: 0 0 0 0