27.2.88 OfficialJournaloftheEuropeanCommunities NoL53/17
COMMISSION REGULATION (EEC)No518/88
of26February1988
fixingtheexportrefundsonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice('),aslastamendedbyRegulation(EEC)
No3990/87(2),andinparticularthefirstsentenceofthe
fourthsubparagraphofArticle17(2)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle17ofRegulation(EEC)No1418/76
providesthatthedifferencebetweenquotationsorprices
oiitheworldmarketfortheproductslistedinArticle1of
thatRegulationandpricesforthoseproductswithinthe
Communitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
1431/76of21June1976layingdowngeneralrulesfor
grantingexportrefundsonriceandcriteriaforfixingthe
amountofsuchrefunds(3),providesthatwhenrefundsare
beingfixedaccountmustbetakenoftheexistingsitua­
tionandthefuturetrendwithregardtopricesandavaila­
bilitiesofriceandbrokenriceontheCommunitymarket
ontheonehandandpricesforriceandbrokenriceon
theworldmarketontheother;whereasthesameArticle
providesthatitisalsoimportanttoensureequilibrium
andthenaturaldevelopmentofpricesandtradeonthe
ricemarketand,furthermore,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneedto
avoiddisturbancesoftheCommunitymarket;
WhereastoCommissionRegulation(EEC)No1361/76(4)
laysdownthemaximumpercentageofbrokenrice
allowedinriceforwhichanexportrefundisfixedand
specifiesthepercentagebywhichthatrefundistobe
reducedwheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum;
WhereasArticle3ofRegulation(EEC)No1431/76
definesthespecificcriteriatobetakenintoaccountwhen
theexportrefundonriceandbrokenriceisbeingcalcu­
lated:Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
therefundforcertainproductsaccordingtodestination;
Whereasaseparaterefundshouldbefixedforpackaged
longgrainricetoaccommodatecurrentdemandforthe
productoncertainmarkets;
Whereastherefundmustbefixedatleastonceamonth;
whereasitmaybealteredintheinterveningperiod;
Whereas,followingtheintroductionofthecombined
nomenclature byCouncilRegulation (EEC)No
2658/870,thenomenclatureapplicablefrom1January
1988toexportrefundsonagriculturalproductswasesta­
blishedbyRegulation(EEC)No3846/87(®);
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontofeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/87(«);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheserulesandcriteria
tothepresentsituationonthemarketinriceandin
particulartoquotationsorpricesforriceandbrokenrice
withintheCommunityandontheworldmarket,thatthe
refundshouldbefixedassetoutintheAnnexhereto;
Whereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;
Whereasthemeasuresprovidedfor,inthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
0OJNoL166,25.6.1976,p.1.0OJNoL377,31.12.1987,p.15.0OJNoL166,25.6.1976,p.36.
OOJNoL154,15.6.1976,p.11.0OJNoL256,7.9.1987,p.1.0OJNoL366,24.12.1987,p.1.0OJNoL164,24.6.1985,p.1.0OJNoL153,13.6.1987,p.1.

NoL53/18 OfficialJournaloftheEuropeanCommunities 27.2.88
HASADOPTEDTHISREGULATION
Article1listedinparagraph 1(c)ofthatArticle,exportedinthe
naturalstate,shallbeassetoutintheAnnexhereto.The
refundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon1March198$.TheexportrefundsontheproductslistedinArticle1of
Regulation(EEC)No1418/76withtheexceptionofthose
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States."
DoneatBrussels,26February1988.
FortheCommission
FransANDR1ESSEN
Vice-President

27.2.88 OfficialJournaloftheEuropeanCommunities NoL53/19
ANNEX
todieCommissionRegulationof26February1988fixingtheexportrefundsonriceand
brokenrice
i
(ECU/tonne)
Productcode Destination(')Amount
ofrefund
10062010000
,10062090000 01 216,00
l02 —
10063011000 — —
10063019000 — . —
10063091000 — —
10063099100 01 270,00
03 296,00
05 296,00
I 06 301,00
07 301,00
08 296,00
09 296,00
10 301,00
I 11 301,00
12 301,00
13 270,00
I14 301,00
10063099900 01 270,00
\13 270,00
10064000000 — —
(')Thedestinationsareidentifiedasfollows:
01Austria,Liechtenstein,Switzerland,thecommunesofLivignoandCampioned'ltalia
02ThirdcountriesotherthanAustria,Liechtenstein ,SwitzerlandandthecommunesofLivignoandCampione
d'ltalie
03ZoneI
04ThirdcountriesotherthanAustria,Liechtenstein ,Switzerland,thecommunesofLivignoandCampione
d'ltalieandcountriesofZoneI
05ZoneIIb)
06ZoneIVa)
.07ZoneIVb)
08ZoneVI
09CanaryIslands,Ceutaandhfelilla
10ZoneVa)
11ZoneVIIc)
12Canada
13DestinationsmentionedinArticle5ofCommissionRegulation(EEC)No2730/79(OJNoL317,
12.12.1979,p.1)
14ZoneVIII,exceptSurinam,GuyanaandMadagascar.
NB:ThezonesarethosedefinedintheAnnextoRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslast
amendedbyRegulation(EEC)No1548/87(OJNoL144,4.6.1987).
Theexportrefundsaretobeconvertedintonationalcurrenciesusingthespecificagriculturalconversionrates
fixedinamendedRegulation(EEC)No3294/86(OJNoL304,30.11.1986).