1.9.88OfficialJournaloftheEuropeanCommunities NoL241/33
COMMISSION REGULATION (EEC)No2701/88
of31August1988
fixingtheexportrefundsonriceandbrokenrice
theexportrefundonriceandbrokenriceisbeingcalcu­
lated:
whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
therefundforcertainproductsaccordingtodestination ;
Whereasaseparaterefundshouldbefixedforpackaged
longgrainricetoaccommodatecurrentdemandforthe
productoncertainmarkets;
Whereastherefundmustbefixedatleastonceamonth;
whereasitmaybealteredintheinterveningperiod;THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,■
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice('),aslastamendedbyRegulation(EEC)
No2229/88(2),andinparticularthefirstsentenceofthe
fourthsubparagraphofArticle17(2)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle17ofRegulation(EEC)No1418/76
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
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
definesthespecificcriteriatobetakenintoaccountwhenWhereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedby,thecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/87(6);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheserulesandcriteria
tothepresentsituationonthemarketinriceandin
particulartoquotationsor.pricesforriceandbrokenrice
withintheCommunityandontheworldmarket,thatthe
refundshouldbefixedassetoutintheAnnexhereto:
Whereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
(')OJNoL166,25.6.1976,p.1.0OJNoL197,26.7.1988,p.30.0OJNoL166,25.6.1976,p.36.
(4)OJNoL154,15.6.1976,p.11.0OJNoL164,24.6.1985,p.1.
(6)OJNoL153,13.6.1987,p.1.

NoL241/34 OfficialJournaloftheEuropeanCommunities 1.9.88
HASADOPTEDTHISREGULATION :
Article1'*
TheexportrefundsontheproductslistedinArticle1of
Regulation(EEC)No1418/76withtheexceptionofthose
listedinparagraph 1(c)ofthatArticle,exportedinthenaturalstate,shallbeassetoutintheAnnexhereto.The
refundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon1September
1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1988.
FortheCommission
FransANDRIESSEN
Vice-President

1.9.88 OfficialJournaloftheEuropeanCommunities NoL241/35
ANNEX
totheCommissionRegulationof31August1988fixingtheexportrefundsonriceand
brokenrice
(ECU/tonne)
Productcode Destination(')Amount
ofrefund
10062010000—
10062090000 01 194,00 '
l 02 —
10063011000 — —
10063019000 — —
10063091000 — —
10063099100 01 243,00
I 03 272,00
05 272,00
06 277,00
I 07 277,00
l 08 272,00
09 272,00
l 10 277,00
11 277,00
12 277,00
13 243,00
I14 277,00
10063099900 01 243,00
13 243,00
10064000000 — —
(')Thedestinationsareidentifiedasfollows:
01Austria,Liechtenstein ,Switzerland,thecommunesofLivignoandCampioned'ltalia
02ThirdcountriesotherthanAustria,Liechtenstein,SwitzerlandandthecommunesofLivignoandCampione
d'ltalie
03ZoneI
04ThirdcountriesotherthanAustria,Liechtenstein ,Switzerland,thecommunesofLivignoandCampione
d'ltalieandcountriesofZoneI
05ZoneIIb)
06ZoneIVa)
07ZoneIVb)
08ZoneVI
09CanaryIslands,CeutaandMelilla
10ZoneVa)
11ZoneVIIc)
12Canada
13DestinationsmentionedinArticle34ofCommissionRegulation(EEC)No3665/87(OJNoL351,14.12.
1987,p.1)
14ZoneVIII,exceptSurinam,GuyanaandMadagascar .
(2)Theamountisapplicabletomedium-grainandlong-grainrice,asdefinedinparagraph2ofAnnexAofRegula­
tion(EEC)No1418/76,asamendedbyRegulation(EEC)No3877/87(OJNoL365,24.12.1987).
NB:ThezonesarethosedefinedintheAnnextoRegulation(EEC)No1124/77(OJNoL134,28.5.1977),aslast
amendedbyRegulation(EEC)No296/88(OJNoL30,2.2.1988).
Theexportrefundsaretobeconvertedintonationalcurrenciesusingthespecificagriculturalconversionrates
fixedinamendedRegulation(EEC)No3294/86(OJNoL304,30.10.1986).
TheproductcodesandthefootnotesaredefinedinRegulation(EEC)No3846/87asamended.