NoL165/16 OfficialJournaloftheEuropeanCommunities 25.6.76
COMMISSION REGULATION (EEC)No1470/76
of24June1976
fixingthepremiumstobeaddedtotheimportleviesonriceandbrokenrice
withArticle16ofRegulationNo359/67/EECbuton
thebasisofoffersatNorthSeaports;whereasthis
pricemustbethecifpriceforshipmentduringthe
monthinwhichtheimportlicenceisissuedinthe
caseofimportstobeeffectedduringthatmonth;
whereasthispricemustbethecifpriceforshipment
duringthemonthinwhichimportationisexpectedto
takeplaceinthecaseofimportstobeeffectedduring
themonthfollowingthemonthinwhichtheimport
licenceisissued;whereasthispricemustbethecif
priceforshipmentduringthemonthprecedingthe
monthinwhichimportationisexpectedtotakeplace
inthecaseofimportstobeeffectedduringthe
remainingmonthsforwhichtheimportlicenceis
valid;whereas,ifnoofferforforwarddeliveryismade
forshipmentduringagivenmonth,thispriceshould
bethepricerulingforshipmentduringthelast
monthinwhichanofferforforwarddeliverywas
made;
Whereasthepremiumisequalto0unitofaccountif
thecifpricedeterminedonthedayonwhichthe
scaleofthepremiumsisfixedisequaltothecif
forwarddeliverypriceorexceedsthatpricebynot
morethan0-25unitofaccountpermetricton;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo359/
67/EECof25July1967onthecommonorganiza­
tionofthemarketinrice('),aslastamendedbyRegu­
lation(EEC)No668/75(2),andinparticularArticle
13(6)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereasthepremiumstobeaddedtotheimport
leviesfixedinadvanceforriceandbrokenricemust
includeapremiumforthecurrentmonthanda
premiumforeachofthefollowingmonthsuntilthe
expiryoftheperiodofvalidityoftheimportlicence;
whereasthisperiodofvaliditywaslaiddownin
Article8ofCommission Regulation (EEC)No
2042/75of25July1975onspecialdetailedrulesfor
theapplicationofthesystemofimportandexport
licencesforcerealsandrice(3);
WhereasCouncilRegulationNo365/67/EECof25
July1967(4),aslastamendedbyRegulation (EEC)No
2435/70(5),laysdownrulesfortheadvancefixingof
leviesonriceandbrokenrice;
WhereasunderthetermsofRegulationNo365/
67/EEC,wherethecifpriceforhuskedriceformilled
riceorforbrokenricedeterminedonthedayon
whichthepremiumsarefixedishigherthanthecif
forwarddeliverypriceforthesameproduct,the
premiumshouldasageneralrulebeequaltothe
differencebetweenthesetwoprices;whereasthecif
priceisthatdeterminedinaccordancewithArticle16
ofRegulationNo359/67/EEConthedayonwhich
thepremiumsarefixed;whereasthedetailedrulesfor
determiningcifpriceswerelaiddowninRegulation
(EEC)No1613/71(6),aslastamendedbyRegulation
(EEC)No3320/75(7);whereasthecifforward
deliverypricemustalsobedeterminedinaccordanceWhereasthepremiummay,however,befixedata
higherlevelinexceptionalcircumstances andwithin
certainspecifiedlimits;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthepremiumsshouldbefixedasshowninthe
tableannexedtothisRegulation ;whereastheamount
ofthepremiumsshouldbealteredonlyifapplication
oftheabovementioned provisionsentailsachangeof
morethan0-25unitofaccount,(')OJNo174,31.7.1967,p.1.
(2)OJNoL72,20.3.1975,p.18.
3OJNoL213,11.8.1975,p.5.
(4)OJNo174,31.7.1967,p.32.
(5)OJNoL262,3.12.1970,p.3.
(b)OJNoL168,27.7.1971,p.28.
(7)OJNoL328,20.12.1975,p.32.

25.6.76 OfficialJournaloftheEuropeanCommunities NoL165/17
HASADOPTED THISREGULATION :
Article1
Thepremiumstobeaddedtotheimportleviesfixed
inadvanceinrespectofriceandbrokenriceareherebyfixedasshowninthetableannexedtothis
Regulation .
Article2
ThisRegulationshallenterintoforceon25June
1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24June1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
totheCommissionRegulationof24June1976fixingthepremiumstobeaddedtothe
importleviesonriceandbrokenrice
(u.a../metricIon)
CCT Current 1stperiod2ndperiod )rdperiod
heading Descriptionofgoods
No 6 7 X 9
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 —
II.Huskedrice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 —
B.Semi-milled orwholly
milledrice:
I.Semi-milled rice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 —
II.Whollymilledrice:
a)Roundgrain 0 0 0 —
b)Longgrain 0 0 0 —
C.Brokenrice 0 0 0 0