1.4.77 NoL84/79 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No694/77
of31March1977
fixingtheexportrefundsonriceandbrokenrice
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof225%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
market,thattherefundshouldbefixedasshownin
theAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice(1),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle17ofRegulation (EEC)No1418/76
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
1431/76of21June1976layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds(2),providesthat
whenrefundsarebeingfixedaccountmustbetaken
oftheexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofriceandbroken
riceontheCommunitymarketontheonehandand
pricesforriceandbrokenriceontheworldmarket
ontheother;whereasthesameArticleprovidesthat
itisalsoimportanttoensureequilibriumandthe
naturaldevelopment ofpricesandtradeontherice
marketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneed
toavoiddisturbanceoftheCommunitymarket;
WhereasRegulation (EEC)No1361/76(3)laysdown
themaximumpercentageofbrokenriceallowedin
riceforwhichanexportrefundisfixedandspecifies
thepercentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulation (EEC)No1431/76
definesthespecificcriteriatobetakenintoaccount
whentheexportrefundonriceandbrokenriceis
beingcalculated ;HASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1of
Regulation (EEC)No1418/76withtheexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
(')OJNoL166,25.6.1976,p.1.
(2)OJNoL166,25.6.1976,p.36.
(3)OJNoL154,15.6.1976,p.11.ThisRegulationshallenterintoforceon1April
1977.

NoL84/80 OfficialJournaloftheEuropeanCommunities 1.4.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31March1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof31March1977fixingtheexportrefundsonriceand
brokenrice
(u.a./tonne)
CCT
heading
NoDescriptionofgoodsAmountof
refund
10.06 Rice:
A.Paddyrice;huskedrice:
II.Huskedrice:
a)Roundgrain
forexportto:
—Austria,SwitzerlandandLiechtenstein 6000
—Otherthirdcountries —
b)Longgrain
forexportto:
—Austria,SwitzerlandandLiechtenstein 9000
—Otherthirdcountries —
B.Semi-milledorwhollymilledrice:
LSemi-milled rice:
a)Roundgrain—
b)Longgrain—
II.Whollymilledrice:
a)Roundgrain 9500
b)Longgrain 12000
C.Brokenrice 2500
NB:ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).