■4.5.78 NoL120/26 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No934/78
of3May1978
fixingtheexportrefundsonriceandbrokenrice
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedatleastoncea
month;whereasitmaybealteredintheintervening
period;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrice
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
market,thattherefundshouldbefixedasshownin
theAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice('),aslastamendedbyRegu­
lation(EEC)No709/78(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle17ofRegulation (EEC)No1418/76
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulation (EEC)No
1431/76of21June1976layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds(3),providesthat
whenrefundsarebeingfixedaccountmustbetaken
oftheexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofriceandbroken
riceontheCommunitymarketontheonehandand
pricesforriceandbrokenriceontheworldmarket
ontheother;whereasthesameArticleprovidesthat
itisalsoimportanttoensureequilibriumandthe
naturaldevelopment ofpricesandtradeontherice
marketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneed
toavoiddisturbanceoftheCommunitymarket;
WhereasRegulation (EEC)No1361/76(4)laysdown
themaximumpercentageofbrokenriceallowedin
riceforwhichanexportrefundisfixedandspecifies
thepercentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulation (EEC)No1431/76
definesthespecificcriteriatobetakenintoaccount
whentheexportrefundonriceandbrokenriceis
beingcalculated ;HASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle1of
Regulation (EEC)No1418/76withtheexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
Article •2
ThisRegulationshallenterintoforceon4May1978.(')OJNoL166,25.6.1976,p.1.
(2)OJNoL94,8.4.1978,p.9.
(3)OJNoL166,25.6.1976,p.36.
(4)OJNoL154,15.6.1976,p.11.

4.5.78 OfficialJournaloftheEuropeanCommunities NoL120/27
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,3May1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof3May1978fixingtheexportrefundsonriceandbroken
rice
(u.a./tonne)
CCT
heading
NoDescriptionofgoodsAmountof
refund
10.06 Rice:
A.Paddyrice;huskednee:
II.Huskedrice:
a)Roundgrain
forexportto:
—Austria,SwitzerlandandLiechtenstein
—Otherthirdcountries
b)Longgrain
forexportto:
—Austria,SwitzerlandandLiechtenstein
—Otherthirdcountries
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain
b)Longgrain
II.Whollymilledrice:
a)Roundgrain
forexportto:
—Austria,Liechtenstein andSwitzerland aswellas
destinations mentioned inArticle3ofCommis­
sionRegulation (EEC)No192/75(')
—Otherthirdcountries
b)Longgrain
forexportto:
—Austria,Liechtenstein andSwitzerland aswellas
destinations mentioned inArticle3ofCommis­
sionRegulation (EEC)No192/75(')
—Otherthirdcountries
C.Brokenrice30.00
6000
37.00
75-00
(»)OJNoL25,17.1.1975,p.I.
NB:ThezonesarethosedefinedinRegulation (EEC)No1124/77(O[NoL134,28.5.1977).