NoL61/46 OfficialJournaloftheEuropeanCommunities 7.3.75
REGULATION (EEC)No593/75OFTHECOMMISSION
of6March1975
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(1)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No476/75(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
morethan0-025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,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
thatthecorrectiveamountapplicableon7March
1975mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon7March
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,6March1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(•)OJNo174,31.7.1967,p.1.
(2)OJNoL52,28.2.1975,p.31.
(3)OJNo204,24,8.1967,p.20.
(«)OJNoL222,10.9.1968,p.6.(5)OJNo174,31.7.1967,p.32.
(o)OJNoL262,3.12.1970,p.1.

7.3.75. OfficialJournaloftheEuropeanCommunities NoL61/47
ANNEX
totheCommissionRegulationof6March1975fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(u.a./100kg)
CCT
heading
NoDescriptionofgoodsCurrent
31stperiod
42ndperiod
53rdperiod
64thperiod
75thperiod
8
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — — ^
II.Huskedrice:III
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
B.Semi-milledorwhollymilledrice:II
I.Semi-milled rice:||||
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Whollymilledrice:||
a)Roundgrain— — — — _ —
b)Longgrain 000000
C.Brokenrice:,— — — — — —