NoL226/18 15.8.74 OfficialJournaloftheEuropeanCommunities
REGULATION (EEC)No2157/74OFTHECOMMISSION
of14August1974
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(6),aslastamendedbyRegulation
(EEC)No2435/70(7),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon15August
1974mustbefixedasshownintheTableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshownintheTable
annexedtothisRegulation .
Artidc2
ThisRegulationshallenterintoforceon15August
1974.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbythe
Act(2)annexedtotheTreaty(3)ontheAccessionof
newMemberStatestotheEuropeanEconomic
Community andtheEuropeanAtomicEnergy
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
morethan0-025unitofaccountper100kilo­
grammes;Whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,14August1974.
FortheCommission
P.J.LARDINOIS
/Memberofthe(.innmission
(')OJNo174,31.7.1967,p.1.
I2)OJNoL73,27.3.1972,p.14.
(3)OJNoL73,27.3.1972,p.5.
(«)OJNo204,24.8.1967,p.20.
(5)OJNoL222,10.9.1968,p.6.(")OJNo174,31.7.1967,p.32.
(,7)OJNoL262,3.12.1970,p.'l.

15.8.74 OfficialJournaloftheEuropeanCommunities NoL226/19
ANNEX
totheCommissionRegulationof14August1974fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice.
[ti.a.HOQkg)
CCT
heading
NoDescriptionofgoodsCurrent
81st
period
92nd
period
103rd
period
114th
period
125th
period
1
10.0* Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrained— — — —.——
b)Longgrained— — — — — —
11.Huskedrice:
a)Roundgrained— — — — — —
b)Longgrained— — — — — -—
B.Semi-milledorwhollymilled
ricp:
I.Semi-milledrice:
a)Roundgrained — — — —
b)Longgrained — — — — — —
11.Whollymilledrice:
a)Roundgrained —. — — — —
b)Longgrained — — — — — —
C.Brokenrice — — — — — —