28.6.74 OfficialJournaloftheEuropeanCommunities NoL173/21
REGULATION (EEC)No1626/74OFTHECOMMISSION
of27June1974
fixingtheexportrefundsonriceandbrokenrice
whentheexportrefundonriceandbrokenriceis
beingcalculated;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedonceaweek;
whereasitmaybealteredintheinterveningperiod;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forother-currenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
marketthattherefundshouldbefixedattheamounts
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommupity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(])of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbythe
Act(2)annexedtotheTreaty(3)ontheAccessionof
newMemberStatestotheEuropeanEconomic
CommunityandtheEuropeanAtomicEnergy
Community ,signedatBrusselson22January1972,
andinparticularthefirstsentenceofthefourthsub­
paragraphofArticle17(2)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle17ofRegulationNo359/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulationNo366/
67/EEC(4)of25July1967layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds,asamendedby
RegulationNo1019/67/EEC(5),providesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofriceandbrokenriceonthe
Communitymarketontheonehandandpricesfor
riceandbrokenriceontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldevel­
opmentofpricesandtradeonthericemarketand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
banceoftheCommunitymarket;
WhereasRegulationNo669/67/EEC(6),asamended
byRegulation (EEC)No1057/68(7),laysdownthe
maximumpercentageofbrokenriceallowedinrice
forwhichanexportrefundisfixedandspecifiesthe
percentagebywhichthatrefundistobereduced
where'theproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulationNo366/67/EEC
definesthespecificcriteriatobetakenintoaccountHASADOPTEDTHISREGULATION :
Article1
TherefundsontheproductslistedinArticle1of
RegulationNo359/67/EECwiththeexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
(•)OJNo174,31.7.1967,p.1.
(2)OJNoL73,27.3.1972,p.14.
(3OJNoL73,27.3.1972,p.5.
(4)OJNo174,31.7.1967,p.34.
(5)OJNo311,21.12.1967,p.13.
(6)OJNo241,5.10.1967,p.6.Article2
ThisRegulationshallenterintoforceon28June
1974. (7)OJNoL179,25.7.1968,p.31.

NoL173/22 OfficialJournaloftheEuropeanCommunities 28.6.74
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27June1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof27June1974fixingtheexportrefundsonriceand
brokenrice
(u.a.1100kg)
CCT
heading
NoDescriptionofgoodsAmountof
refund
10.06 Rice:
A.Paddyrice;huskedrice:
I
II.Huskedrice:
a)Roundgrained
b)Longgrained—
B.Semi-milledorwhollymilledrice·
T.Semi-milled rice:
a)Roundgrained—
b)Longgrained—
II.Whollymilledrice:
a)Roundgrained—
b)Longgrained
C.Brokenrice —
TheamountbywhichtherefundsmaybeincreasedpursuanttoArticle1ofRegulationNo719/
<67/EECis0-20u.a./100kg.