NoL47/14 OfficialJournaloftheEuropeanCommunities 21.2.75
REGULATION (EEC)No416/75OFTHECOMMISSION
of20February1975
fixingtheexportrefundsonriceandbrokenrice
whentheexportrefundonriceandbrokenriceis
beingcalculated;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedonceaweek;
whereasitmaybealteredintheinterveningperiod;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
marketthattherefundshouldbefixedattheamounts
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation —--
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No1129/74(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle17ofRegulationNo359/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulation -andpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulationNo366/
67/EEC(3)of25July1967layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds,asamendedby
RegulationNo1019/67/EEC(4)providesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofriceandbrokenriceonthe
Communitymarketontheonehandandpricesfor
riceandbrokenriceontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldevel­
opmentofpricesandtradeonthericemarketand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
banceoftheCommunitymarket;
WhereasRegulationNo669/67/EEC(3),asamended
byRegulation (EEC)No1057/68(b)laysdownthe
maximumpercentageofbrokenriceallowedinrice
forwhichanexportrefundisfixedandspecifiesthe
percentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulationNo366/67/EEC
definesthespecificcriteriatobetakenintoaccountHASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle 1of
RegulationNo359/67/EECwiththeexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
(>)OJNo174,31.7.1967,p.1.
(2)OJNoL128,10.5.1974,p.20.
(3)OJNo174,31.7.1967,p.34.
(4)OJNo311,21.12.1967,p.13.
(5)OJNo241,5.10.1967,p.6.Article2
ThisRegulationshallenterintoforceon21February
1975. (<•)OJNoL179,25.7.1968,p.31.

21.2.75 OfficialJournaloftheEuropeanCommunities NoL47/15
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,20February1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof20February1975fixingtheexportrefundsonriceand
brokenrice
(u.a./100kg)
CCT
heading
NoDescriptionofgoodsAmountof
refund
10.06 Rice:I
A.Paddyrice;huskedrice:
jI
II.Huskedrice:I
a)Roundgrain—
b)Longgrain—
B.Semi-milledorwhollymilledrice:\
I.Semi-milled rice:l
a)Roundgrain— l b)Longgrain—
II.Whollymilledrice:l I a)Roundgrain—
b)Longgrain 0
C.Brokenrice: —
TheamountbywhichtherefundsmaybeincreasedpursuanttoArticle1ofRegulation
No719/67/EECis0.20u.a./100kg.
N.B.Ifnoamountisfixedfortherefund,thecorrectiveamountforsuchrefundisnotfixed.