i
NoL337/66 OfficialJournaloftheEuropeanCommunities 27.11.87
COMMISSION REGULATION (EEC)No3559/87-
of26November 1987
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THE-COMMISSION OFTHEEUROPEAN COMMUNITIES ,dancewithArticle3(2)ofCouncilRegulation(EEC)No
1428/76(*),basedinrespectofeachmonthforwhichthe
exportlicenceisvalid,onthecifpricecalculatedonthe
basisofoffersforshipmentduringthemonthofexporta­
tion;HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation (EEC)No1418/76
of21June1976onthecommonorganization ofthe
marketin-rice('),aslastamendedbyRegulation (EEC)
No1907/87(2),andinparticularthesecondsubparagraph
ofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetaryCommittee ,Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/870,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,Whereasthefirstsubparagraph ofArticle17(4)ofRegu­
lation(EEC)No1418/76,providesthattheexportrefund
applicabletoriceandbrokenriceonthedayonwhich
applicationforanexportlicenceismade,adjustedforthe
thresholdpricewhichwillbeinforceduringthemonth
ofexportation ,mustbeappliedonrequesttoexportsto
beeffectedduringtheperiodofvalidityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamendedby
Regulation (EEC)No1397/68(4),laysdowndetailedrules
fortheadvancefixingoftheexportrefundonriceand
brokenrice;
HASADOPTED THISREGULATION :
Article1WhereasthatRegulationprovidesthattherefundappli­
cableonthedayonwhichapplicationforanexport
licenceismademust,whenitisfixedinadvance,be
reducedbyanamountnogreaterthanthedifference
betweenthecifforwarddeliverypriceandthecifprice,
wheretheformerexceedsthelatterbymorethan0,30
ECUpertonne;whereasontheotherhand,therefund
mustbeincreasedbyanamountno-greaterthanthe
differencebetweenthecifpriceandthecifforwarddeli­
veryprice,wheretheformerexceedsthelatterbymore
than0,30ECUpertonne;ThecorrectiveamountreferredtoinArticle17(4)of
Regulation (EEC)No1418/76whichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceshallbeassetoutintheAnnexhereto.
Article2
Whereasthecifpriceisthatdeterminedinaccordance
withArticle16ofRegulation (EEC)No1418/76;whereas
thecifforwarddeliverypriceisthatdeterminedinaccor­ThisRegulationshallenterintoforceon1December
1987.
(')OJNoL166,25.6.1976,p.1.
2OJNoL182,3.7.1987,p.51.
(3)OJNo204,24.8.1967,p.20/6/67.oOJNoL166,25.6.1976,p.30.
(«)OJNoL164,24.6.1985,p.1.
0OJNoL153,13.6.1987,p.1. (4)OJNoL222,10.9.1968,p.6.

27.11..87 OfficialJournaloftheEuropeanCommunities NoL337/67
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26November1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX '
totheCommissionRegulationof26November1987fixingthecorrectiveamountappli­
cabletotherefundonriceandbrokenrice
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
121stperiod
12ndperiod
23rdperiod
3
ex10.06 Rice:
B.I.Paddyrice,huskedrice:
b)Huskedrice:
1.Roundgrain
2.Longgrain
II.Semi-milled orwholly
milledrice:
a)Semi-milledrice:
1.Roundgrain
2.Longgrain
b)Whollymilledrice:
1.Roundgrain
2.Longgrain
III.Brokenrice0
00
00
0^0
0