NoL327/22 OfficialJournaloftheEuropeanCommunities 19.12.75
REGULATION (EEC)No3298/75OFTHECOMMISSION
of18December 1975
fixingtheexportrefundsonriceandbrokenrice
whentheexportrefundonriceandbrokenriceis
beingcalculated ;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
marketthattherefundshouldbesuppressed ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No668/75(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle17ofRegulationNo359/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulationNo366/
67/EEC(3)of25July1967layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds,aslastamendedby
Regulation (EEC)No478/75(4)providesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofriceandbrokenriceonthe
Communitymarketontheonehandandpricesfor
riceandbrokenriceontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldevel­
opmentofpricesandtradeonthericemarketand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
banceoftheCommunitymarket;
WhereasRegulationNo669/67/EEC(5),asamended
byRegulation (EEC)No1057/68(6)laysdownthe
maximumpercentageofbrokenriceallowedinrice
forwhichanexportrefundisfixedandspecifiesthe
percentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulationNo366/67/EEC
definesthespecificcriteriatobetakenintoaccountHASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle1of
RegulationNo359/67/EECwiththeexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
(')OJNo174,31.7.1967,p.1.
(-')OJNoL72,20.3.1975,p.18. Article2
ThisRegulationshallenterintoforceon19
December 1975.(3)OJNo174,31.7.1967,p.34.
(■»)OJNoL52,28.2.1975,p.34.h)OJNo241,5.10.1967,p.6.
(o)OJNoL179,25.7.1968,p.31.

19.12.75 OfficialJournaloftheEuropeanCommunities NoL327/23
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,18December1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof18December1975fixingtheexportrefundsonriceand
brokenrice
(n.d./metrwton)
DescriptionofgoodsAmountof
refundheading
No
10.06
25-00Rice:
A.Paddyrice;huskedrice:
I
II.Huskedrice:
a)Roundgrain
b)Longgrain
B.Semi-milledorwhollymilledrice
I.Semi-milled rice:
a)Roundgrain
b)Longgrain
II.Whollymilledrice:
a)Roundgrain
b)Longgrain
C.Brokenrice35-00
N.B.Ifnoamountisfixedfortherefund,thecorrectiveamountforsuchrefundisnotfixed.