NoL263/20 OfficialJournaloftheEuropeanCommunities 19.10.79
COMMISSION REGULATION (EEC)No2296/79
of18October1979
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice(!),aslastamendedbyRegu­
lation(EEC)No1552/79(2),andinparticularthe
secondsubparagraphofArticle17(4)thereof,1418/76;whereasthecifforwarddeliverypriceisthat
determinedinaccordancewithArticle3(2)ofRegula­
tion(EEC)No1428/76(5),based,inrespectofeach
monthforwhichtheexportlicenceisvalid,onthecif
pricecalculatedonthebasisofoffersforshipment
duringthemonthofexportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountapplicableon19
October1979mustbeassetoutintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,HavingregardtotheopinionoftheMonetary
Committee,
Whereasthefirstsubparagraph ofArticle17(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;
HASADOPTEDTHISREGULATION :
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-30ECUpertonne;whereas,onthe
otherhand,therefundmustbeincreasedbyan
amountnogreaterthanthedifferencebetweenthecif
priceandthecifforwarddeliveryprice,wherethe
formerexceedsthelatterbymorethan0-30ECUper
tonne;Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation (EEC)No1418/76whichisapplicableto
theexportrefundsfixedinadvanceinrespectofrice
andbrokenriceshallbeassetoutintheAnnex
hereto.
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulation (EEC)NoArticle2
ThisRegulationshallenterintoforceon19October
1979.(!)OJNoL166,25.6.1976,p.1.
(2)OJNoL188,26.7.1979,p.9.
(3)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6. (5)OJNoL166,25.6.1976,p.30.

19.10.79 OfficialJournaloftheEuropeanCommunities NoL263/21
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,18October1979.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof18October1979fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
101stperiod
112ndperiod
123rdperiod
1
10.06 Rice:
A.Paddyrice,huskedrice:
I.Paddyrice:
a)Roundgrain
b)Longgrain
II.Huskedrice:
a)Roundgrain
b)Longgrain
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain
b)Longgrain
II.Whollymilledrice:
a)Roundgrain
b)Longgrain
C.Brokenrice:0
00
00
00
0