27.2.76 OfficialJournaloftheEuropeanCommunities NoL52/7
COMMISSION REGULATION (EEC)No420/76
of26February1976
fixingthepremiumstobeaddedtotheimportleviesonriceandbrokenrice
withArticle16ofRegulationNo359/67/EECbuton
thebasisofoffersatNorthSeaports;whereasthis
pricemustbethecifpriceforshipmentduringthe
monthinwhichtheimportlicenceisissuedinthe
caseofimportstobeeffectedduringthatmonth;
whereasthispricemustbethecifpriceforshipment
duringthemonthinwhichimportationisexpectedto
takeplaceinthecaseofimportstobeeffectedduring
themonthfollowingthemonthinwhichtheimport
licenceisissued;whereasthispricemustbethecif
priceforshipmentduringthemonthprecedingthe
monthinwhichimportationisexpectedtotakeplace
inthecaseofimportstobeeffectedduringthe
remainingmonthsforwhichtheimportlicenceis
valid;whereas,ifnoofferforforwarddeliveryismade
forshipmentduringagivenmonth,thispriceshould
bethepricerulingforshipmentduringthelast
monthinwhichanofferforforwarddeliverywas
made:
Whereasthepremiumisequalto0unitofaccountif
thecifpricedeterminedonthedayonwhichthe
scaleofthepremiumsisfixedisequaltothecif
forwarddeliverypriceorexceedsthatpricebynot
morethan0-25unitofaccountpermetricton;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo359/
67/EECof25July1967onthecommonorganiza­
tionofthemarketinrice(*),aslastamendedbyRegu­
lation(EEC)No668/75(2),andinparticularArticle
13(6)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereasthepremiumstobeaddedtotheimport
leviesfixedinadvanceforriceandbrokenricemust
includeapremiumforthecurrentmonthanda
premiumforeachofthefollowingmonthsuntilthe
expiryoftheperiodofvalidityoftheimportlicence;
whereasthisperiodofvaliditywaslaiddownin
Article8ofCommission Regulation (EEC)No
2042/75of25July1975onspecialdetailedrulesfor
theapplicationofthesystemofimportandexport
licencesforcerealsandrice(3);
WhereasCouncilRegulationNo365/67/EECof25
July1967(4),aslastamendedbyRegulation(EEC)No
2435/70(5),laysdownrulesfortheadvancefixingof
leviesonriceandbrokenrice;
WhereasunderthetermsofRegulationNo365/
67/EEC,wherethecifpriceforhuskedriceformilled
riceorforbrokenricedeterminedonthedayon
whichthepremiumsarefixedishigherthanthecif
forwarddeliverypriceforthesameproduct,the
premiumshouldasageneralrulebeequaltothe
differencebetweenthesetwoprices;whereasthecif
priceisthatdeterminedinaccordancewithArticle16
ofRegulationNo359/67/EEConthedayonwhich
thepremiumsarefixed;whereasthedetailedrulesfor
determiningcifpriceswerelaiddowninRegulation
(EEC)No1613/71(6),aslastamendedbyRegulation
(EEC)No3320/75(7);whereasthecifforward
deliverypricemustalsobedeterminedinaccordanceWhereasthepremiummay,however,befixedata
higherlevelinexceptionalcircumstances andwithin
certainspecifiedlimits;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
0)OJNo174,31.7.1967,p.1.
(2)OJNoL72,20.3.1975,p.18.
(3)OJNoL213,11.8.1975,p.5.
(4)OJNo174,31.7.1967,p.32.Whereasitfollowsfromapplyingalltheseprovisions
thatthepremiumsshouldbefixedasshowninthe
tableannexedtothisRegulation ;whereastheamount
ofthepremiumsshouldbealteredonlyifapplication
oftheabovementioned provisionsentailsachangeof
morethan0-25unitofaccount,(5)OJNoL262,3.12.1970,p.3.
(b)OJNoL168,27.7.1971,p.28.
(7)OJNoL328,20.12.1975,p.32.

NoL52/8 OfficialJournaloftheEuropeanCommunities 27.2.76
HASADOPTEDTHISREGULATION :
Article1herebyfixedasshowninthetableannexedtothis
Regulation .
Article2
Thepremiumstobeaddedtotheimportleviesfixed
inadvanceinrespectofriceandbrokenriceareThisRegulationshallenterintoforceon27February
1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26February1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof26February1976fixingthepremiumstobeaddedtothe
importleviesonriceandbrokenrice
(u.a./metricton)
CCT
DescriptionofgoodsCurrent 1stperiod2ndperiod3rdperiod
heading
No 2 3 4 5
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 0
II.Huskedrice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 0
B.Semi-milled orwholly
milledrice:
LSemi-milled rice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 0
II.Whollymilledrice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 0
C.Brokenrice 0 0 0 0