NoL104/16 OfficialJournaloftheEuropeanCommunities 19.4.73
REGULATION (EEC)No1040/73OFTHECOMMISSION
of18April1973
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
latterbymorethan0025unitofaccountper100
kilogrammes ;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo
359/67/EEC;whereasthecifforwarddelivery
priceisthatdeterminedinaccordancewithArticle3
(2)ofRegulationNo365/67/EEC(8),aslast
amendedbyRegulation (EEC)No2435/70(7),
based,inrespectofeachmonthforwhichtheex­
portlicenceisvalid,onthecifpricecalculatedon
thebasisofoffersforshipmentduringthemonthof
exportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthebasisofan
exchangeratewhichisbased,inthecaseofcurrencies
whicharefloatingorwhosecentralratediffersfrom
theofficialparity,ontheeffectiverateorthe
centralrateofthesecurrenciesand,inthecaseof
theUSdollar,onthechangeinparityannounced
on13February1973;
Whereasitfollowsfromapplyingalltheseprovi­
sionsthatthecorrectiveamountapplicableon
19April1973mustbefixedasshowninthe
TableannexedtothisRegulation;
WhereasthemeasuresprovidedforinthisRegu­
lationareinaccordancewiththeOpinionofthe
ManagementCommitteeforCereals;
HASADOPTED THISREGULATION :THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity ;
HavingregardtoCouncilRegulationNo
359/67/EEC(*)of25July1967onthecommonor­
ganizationofthemarketinrice,aslastamendedby
theAct(2)annexedtotheTreaty(3)ontheAcces­
sionofnewMemberStatestotheEuropeanEco­
nomicCommunityandtheEuropeanAtomicEnergy
Community ,signedatBrusselson22January1972,
andinparticularthefirstsubparagraph ofArticle
17(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbein
forceduringthemonthofexportation,mustbeap­
pliedonrequesttoexportstobeeffectedduringthe
periodofvalidityofthelicence;
WhereasRegulationNo474/67/EEC(4),asamended
byRegulation (EEC)No1397/68(5),laysdownde­
tailedrulesfortheadvancefixingoftheexportre­
fundonriceandbrokenrice;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedinad­
vance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliveryprice
andthecifprice,wheretheformerexceedsthelat­
terbymorethan0-025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandtheciffor­
warddeliveryprice,wheretheformerexceedstheArticle1
ThecorrectiveamountreferredtoinArticle17(4)
ofRegulationNo359/67/EECwhichisapplicable
totheexportrefundsfixedinadvanceinrespectof
riceandbrokenriceisherebyfixedasshowninthe
TableannexedtothisRegulation.
Article2
ThisRegulationshallenterintoforceon19April
1973.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,18April1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
HOJNo174,31.7.1967,p.1.
(2)OJNoL73,27.3.1972,p.14.
(8)OJNoL73,27.3.1972,p.5.
(4)OJNo204,24.8.1967,p.20.
(5)OJNoL,222,10.9.1968,p.6.(°)OJNoJ74,31.7.1967,p.32.
(7)OJNoL262,3.12.1970,p.1.

19.4.73 OfficialJournaloftheEuropeanCommunities NoL104/17
ANNEX
totheCommissionRegulationof18April1973fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(u.a/100kg)
CCT
heading
NoDescriptionofgoodsCurrent
41st
period
52nd
period
63rd
period
74th
period
85th
period
9
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrained
b)Longgrained
II.Huskedrice:
a)Roundgrained
b)Longgrained
B.Semi-milledorwhollymilled
rice:
I.Semi-milledrice:
a)Roundgrained
b)Longgrained
II.Whollymilledrice:
a)Roundgrained
b)Longgrained
C.Brokenrice