25.6.76 NoL165/35 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No1480/76
of24June1976
fixingtheexportrefundsonriceandbrokenrice
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
market,thattherefund,shouldbefixedasshownin
theAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo359/
67/EECof25July1967onthecommonorganiza­
tionofthemarketinrice('),aslastamendedbyRegu­
lation(EEC)No668/75(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle17ofRegulationNo359/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulationNo366/
67/EECof25July1967layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds(3),aslastamended
byRegulation (EEC)No478/75(4),providesthat
whenrefundsarebeingfixedaccountmustbetaken
oftheexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofriceandbroken
riceontheCommunitymarketontheonehandand
pricesforriceandbrokenriceontheworldmarket
ontheother;whereasthesameArticleprovidesthat
itisalsoimportanttoensureequilibriumandthe
naturaldevelopment ofpricesandtradeontherice
marketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneed
toavoiddisturbanceoftheCommunitymarket;
WhereasRegulationNo669/67/EEC(5),asamended
byRegulation (EEC)No1057/68(6),laysdownthe
maximumpercentageofbrokenriceallowedinrice
forwhichanexportrefundisfixedandspecifiesthe
percentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulationNo366/67/EEC
definesthespecificcriteriatobetakenintoaccount
whentheexportrefundonriceandbrokenriceis
beingcalculated ;HASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle1of
RegulationNo359/67/EECwiththeexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
(')OJNo174,31.7.1967,p.1.
(-')OJNoL72,20.3.1975,p.18.
(3)OJNo174,31.7.1967,p.34.Article2
ThisRegulationshallenterintoforceon25June
1976.(4)OJNoL52,28.2.1975,p.34.
(5)OJNo241,5.10.1967,p.6.
(b)O)NoL179,25.7.1968,p.31.

NoL165/36 OfficialJournaloftheEuropeanCommunities 25.6.76
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24June1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
A\.\E.\
totheCommissionRegulationof24June1976fixingtheexportrefundsonriceand
brokenrice
u.a./metricton)
CCTAmountot
heading Descriptionotgoodsrefund
No
10.06 Rice:
A.Paddyrice;huskedrice:
j
11.Huskedrice:
a)Roundgrain
b)Longgrain:
forexportto:
—Austria,SwitzerlandandLiechtenstein 6000
—Otherthirdcountries —
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain—
b)Longgrain—
II.Whollymilledrice:
a)Roundgrain:
forexportto:
—Austria,SwitzerlandandLiechtenstein aswellas
destinations mentioned inArticle3ofCommis­
sionRegulation (EEC)No192/75(') 70.00
b)Longgrain:
forexportto:
—Austria,SwitzerlandandLiechtenstein aswellas
destinations mentioned inArticle3ofCommis­
sionRegulation (EEC)No192/75(') 75.00
—Otherthirdcountries —
C.Brokenrice —
{')OJNo1.1\11.p.1.
N.B.Ifnoamountisfixedfortherefund,thecorrectiveamountforsuchrefundisnotfixed.
ThezonesarethosedefinedinRegulation (EEC)No306/76(OJNoL38,13.2.1976).