28.6.74 OfficialJournalof,theEuropeanCommunities NoL173/23
REGULATION (EEC)No1627/74OFTHECOMMISSION
of27June1974
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
Havingregard,toCouncilRegulationNo359/
67/EEC(1)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbythe
Act(2)annexedtotheTreaty(3)ontheAccessionof
newMemberStatestotheEuropeanEconomic
CommunityandtheEuropeanAtomicEnergy
Community ,signedatBrusselson22January1972,
andinparticularthefirstsubparagraph ofArticle17
(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbeinforce
duringthemonthofexportation ,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityofthelicence;
WhereasRegulationNo474/67/EEC(4),asamended
byRegulation (EEC)No1397/68(5),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
•mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
whereasthecifforwarddeliverypriceisthatdeter­
minedipaccordancewithArticle3(2)ofRegulation
No365/67/EEC(6),aslastamendedbyRegulation
(EEC)No2435/70(7),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon28June
1974mustbefixedasshownintheTableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshownintheTable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon28June
1974.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27June1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(l)OJNo174,31.7.1967,p.1.
(*)OJNoL73,27.3.1972,p.14.
(*)OJNoL73,27.3.1972,p.5.
(«)OJNo204,24.8.1967,p.20.
(»)OJNoL222,10.9.1968,p.6.(')OJNo174,31.7.1967,p.32.
OOJNoL262,3.12.1970,p.1.

NoL173/24 OfficialJournaloftheEuropeanCommunities 28.6.74
ANNEX
totheCommissionRegulationof27June1974fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
ku)
CCT
heeding
NoDescriptionofgoodsCurrent
61st
period
72nd
period
83rd
period
94th
period
105th
period
11
10.0* Rice:
A.Paddyrice;huskedrice:N
I.Paddyrice:
a)Roundgrained— — — — -
h)Longgrained— — — — — —
H.Huskedrice:
a)Roundgrained— — — — — —
h)Longgrained— — — —.—
B.Semi-milledorwhollymilled
rice:
I.Semi-milledrice:
a)Roundgrained —__—
b)Longgrained — — — -
11.Whollymilledrice:
a)Roundgrained — — — — __—
b)Longgrained — — — — ——
C.Brokenrice - —.—— — —