7.4.78 OfficialJournaloftheEuropeanCommunities NoL93/29
COMMISSION REGULATION (EEC)No697/78
of6April1978
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,1418/76;whereasthecitforwarddeliverypriceisthat
determinedinaccordancewithArticle3(2)ofRegula­
tion(EEC)No1428/76(5),based,inrespectofeach
monthforwhichtheexportlicenceisvalid,onthecif
pricecalculatedonthebasisofoffersforshipment
duringthemonthofexportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies ,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon7April1978
mustbefixedasshowninthetableannexedtothis
Regulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice(*),aslastamendedby
Regulation (EEC)No594/78(2),andinparticularthe
secondsubparagraph ofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereasthefirstsubparagraph ofArticle 17(4)of
Regulation (EEC)No1418/76providesthatthe
exportrefundapplicabletoriceandbrokenriceon
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpricewhichwillbe
inforceduringthemonthofexportation ,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamended
byRegulation (EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation (EEC)No1418/76whichisapplicableto
theexportrefundsfixedinadvanceinrespectofrice
andbrokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweentheCifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-25unitofaccountpertonne;whereas,
ontheotherhand,therefundmustbeincreasedby
anamountnogreaterthanthedifferencebetweenthe
cifpriceandthecifforwarddeliveryprice,wherethe
formerexceedsthelatterbymorethan0-25unitof
accountpertonne;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulation (EEC)NoArticle2
ThisRegulationshallenterintoforceon7April
1978.(!)OJNoL166,25.6.1976,p.1.
(2)OJNoL82,29.3.1978,p.10.
(3)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6. (5)OJNoL166,25.6.1976,p.30.

NoL93/30 OfficialJournaloftheEuropeanCommunities 7.4.78
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,6April1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof6April1978fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(u.a./tonne)
CCT
heading
NoDescriptionCurrent
41stperiod
52ndperiod
63rdperiod
74thperiod
85thperiod
9
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Huskedrice:
a)Roundgrain 0 0 0 00 0
b)Longgrain 00 0 0 0 0
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Whollymilledrice:
a)Roundgrain 0 0 0 000
b)Longgrain 0 0 0 000
C.Brokenrice — — — — — —