NoL67/42 OfficialJournaloftheEuropeanCommunities 14.3.75
REGULATION (EEC)No654/75OFTHECOMMISSION
of13March1975
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No476/75(2),andinparticularthefirst
subparagraph ofArticle 17(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbeinforce
duringthemonthofexportation,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamended
byRegulation (EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle 16ofRegulationNo359/67/EEC;whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(5),aslastamendedbyRegulation
(EEC)No2435/70(6),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon14March
1975mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon14March
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13March1975.
FortheCommission
P.J.LARDINOIS
Membero/theCommission
(')OJNo174,31.7.1967,p.1.0OJNoL52,28.2.1975,p.31
(3)OJNo204,24.8.1967,p.20.
(•»)OJNoL222,10.9.1968,p.6.(5)OJNo174,31.7.1967,p.32.
(o)O)NoL262,3.12.1970,p.1.

14.3.75 OfficialJournaloftheEuropeanCommunities NoL67/43
ANNEX
totheCommissionRegulationof13March1975fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(u.a./100kg)
CCT
heading
NoDescriptionofgoodsCurrent
31stperiod
42ndperiod
53rdperiod
64thperiod
75thperiod
8
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:|
a)Roundgrain— — — — — • — | b)Longgrain— — — •— — —
II.Huskedrice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:\I
a)Roundgrain— — — —
b)Longgrain— — — — —
^II.Whollymilledrice:I
a)Roundgrain— — — — — —
b)Longgrain 0 0 0 0 00
C.Brokenrice: — — — — — —