NoL112/68 OfficialJournalof„theEuropeanCommunities1.5.75
REGULATION (EEC)No1150/75OFTHECOMMISSION
of30April1975
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No476/75(2),andinparticularthefirst
subparagraphofArticle17(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
morethan0-025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
Ndeliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(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
thatthecorrectiveamountapplicableon1May1975
mustbefixedasshowninthetableannexedtothis
Regulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththe.OpinionoftheManage­
mentCommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon1May1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30April1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo174,31.7.1967,p.I.
2OJNoL52,28.2.1975,p.31
(5)OJNo174,31.7.1967,p.32. (3)OJNo204,24.8.1967,p.20.nOJNoL222,10.9.1968,p.6. (6)OJNoL262,3.12.1970,p.1.

1.5.75 OfficialJournaloftheEuropeanCommunities NoL112/69
ANNEX
totheCommissionRegulationof30April1975fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(u.a./100ke)
OCT
heading
NoDescriptionofgoodsCurrent
51stperiod
62ndperiod
73rdperiod
84thperiod
95thperiod
10
10.06 Rice:
A.Paddyrice;huskedrice:I
I.Paddyrice:I
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Huskedrice:Il a)Roundgrain— — — — — —
b)Longgrain— — — — — —
B.Semi-milledorwhollymilledrice:|
I.Semi-milled rice:||
a)Roundgrain— — — —' — —
'b)Longgrain— — — — — —
II.Whollymilledrice:|
a)Roundgrain— — — — — —
b)Longgrain 000000
C.Brokenrice — — — — — —