NoL114/70 OfficialJournaloftheEuropeanCommunities 1.5.86
COMMISSION REGULATION (EEC)No1296/86
of30April1986
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice('),aslastamendedbyRegulation(EEC)
No3768/85(2),andinparticularthesecondsubparagraph
ofArticle17(4)thereof,thecifforwarddeliverypriceisthatdeterminedinaccor­
dancewithArticle3(2)ofRegulation (EEC)No
1428/76(*),basedinrespectofeachmonthforwhichthe
exportlicenceisvalid,onthecifpricecalculatedonthe
basisofoffersforshipmentduringthemonthofexporta­
tion;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85^,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,HavingregardtotheopinionoftheMonetaryCommittee,
WhereasthefirstsubparagraphofArticle17(4)ofRegu­
lation(EEC)No1418/76providesthattheexportrefund
applicabletoriceandbrokenriceonthedayonwhich
applicationforanexportlicenceismade,adjustedforthe
thresholdpricewhichwillbeinforceduringthemonth
ofexportation,mustbeappliedonrequesttoexportsto
beeffectedduringtheperiodofvalidityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamendedby
Regulation(EEC)No1397/68(4),laysdowndetailedrules
fortheadvancefixingoftheexportrefundonriceand
brokenrice;
HASADOPTEDTHISREGULATION :
WhereasthatRegulationprovidesthattherefundappli­
cableonthedayonwhichapplicationforanexport
licenceismademust,whenitisfixedinadvance,be
reducedbyanamountnogreaterthanthedifference
betweenthecifforwarddeliverypriceandthecifprice,
wheretheformerexceedsthelatterbymorethan0,30
ECUpertonne;whereasontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforwarddeli­
veryprice,wheretheformerexceedsthelatterbymore
than0,30ECUpertonne;Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation(EEC)No1418/76whichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceshallbeassetoutintheAnnexhereto.
Article2Whereasthecifpriceisthatdeterminedinaccordance
withArticle16ofRegulation(EEC)No1418/76;whereas
ThisRegulationshallenterintoforceon1May1986.
(•)OJNoL166,25.6.1976,p.1.
2)OJNoL362,31.12.1985,p.8
(3)OJNo204,24.8.1967,p.20. OOJNoL166,25.6.1976,p.30.
(6)OJNoL164,24.6.1985,p.1. (4)OJNoL222,10.9.1968,p.6.

1.5.86 OfficialJournaloftheEuropeanCommunities NoL114/71
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30April1986.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof30April1986fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
51stperiod
62ndperiod
73rdperiod
8
ex10.06 Rice:
B.I.Paddyrice,huskedrice:
a)Paddyrice:
1.Roundgrain— — — —
2.Longgrain— — — —
b)Huskedrice:\\
1.Roundgrain— — — —
2.Longgrain 0000
II.Semi-milled orwholly
milledrice:I
a)Semi-milledrice:lI
1.Roundgrain— — — —
2.Longgrain— — — —
b)Whollymilledrice:\||||l 1.Roundgrain— — — —
2.Longgrain0000
III.Brokenrice— — — —