3.3.78 OfficialJournaloftheEuropeanCommunities NoL61/13
COMMISSION REGULATION (EEC)No448/78
of2March1978
fixingtheexportrefundsonriceandbrokenrice
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,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('),asamendedbyRegula­
tion(EEC)No1158/77(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle17ofRegulation (EEC)No1418/76
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulation (EEC)No
1431/76of21June1976layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds(3),providesthat
whenrefundsarebeingfixedaccountmustbetaken
oftheexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofriceandbroken
riceontheCommunitymarketontheonehandand
pricesforriceandbrokenriceontheworldmarket
ontheother;whereasthesameArticleprovidesthat
itisalsoimportanttoensureequilibriumandthe
naturaldevelopment ofpricesandtradeontherice
marketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneed
toavoiddisturbanceoftheCommunitymarket;
WhereasRegulation (EEC)No1361/76(4)laysdown
themaximumpercentageofbrokenriceallowedin
riceforwhichanexportrefundisfixedandspecifies
thepercentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulation(EEC)No1431/76
definesthespecificcriteriatobetakenintoaccount
whentheexportrefundonriceandbrokenriceis
beingcalculated ;HASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle 1of
Regulation (EEC)No1413/76withtheexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon3March
1978.(!)OJNoL166,25.6.1976,p.1.
(2)OJNoL136,2.6.1977,p.13.
(3)OJNoL166,25.6.1976,p.36.
(4)OJNoL154,15.6.1976,p.11.

NoL61/14 OfficialJournaloftheEuropeanCommunities 3.3.78
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,2March1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof2March1978fixingtheexportrefundsonriceand
brokenrice
(u.a./tonne)
CCT
heading
NoDescriptionofgoodsAmountof
refund
10.06 Rice:
A.Paddyrice;huskedrice:
II.Huskedrice:
a)Roundgrain
forexportto:
—Austria,SwitzerlandandLiechtenstein 30-00
—Otherthirdcountries —
b)Longgrain
forexportto:
—Austria,SwitzerlandandLiechtenstein 6000
—Otherthirdcountries —
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain—
b)Longgrain—
II.Whollymilledrice:
a)Roundgrain
forexportto:
—Austria,Liechtenstein andSwitzerland aswellas
destinations mentionedinArticle3ofCommis­
sionRegulation (EEC)No192/75(') 37.00
—Otherthirdcountries —
b)Longgrain
forexportto:
—Austria,Liechtenstein andSwitzerland aswellas
destinations mentionedinArticle3ofCommis­
sionRegulation (EEC)No192/75(') 75.00
—Otherthirdcountries
C.Brokenrice --
(')OJNoL25,17.1.1975,p.1.
NB:ThezonesarethosedefinedinRegulation (EEC)No1124/77(OJNoL134,28.5.1977).