NoL52/44 OfficialJournaloftheEuropeanCommunities 27.2.81
COMMISSION REGULATION (EEC)No501/81
of26February1981
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
(EEC)No1428/76(*),basedinresppctofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%arateofexchangebasedontheir
effectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountapplicableon1
March1981mustbeassetoutintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforCereals,HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganization
ofthemarketinrice('),aslastamendedbytheActof
AccessionofGreece(2),andinparticularthesecond
subparagraph ofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
Whereasthefirstsubparagraph ofArticle17(4)of
Regulation(EEC)No1418/76providesthattheexport
refundapplicabletoriceandbrokenriceontheday
onwhichapplicationforanexportlicenceismade,
adjustedforthethresholdpricewhichwillbeinforce
duringthemonthofexportation,mustbeappliedon
requesttoexportstobeeffectedduringtheperiodof
validityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamended
byRegulation (EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-30ECUpertonne;whereasontheother
hand,therefundmustbeincreasedbyanamountno
greaterthanthedifferencebetweenthecifpriceand
thecifforwarddeliveryprice,wheretheformer
exceedsthelatterbymorethan0-30ECUpertonne;
Whereasthecifpriceisthatdeterminedinaccordance
withArticle16ofRegulation (EEC)No1418/76;HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation(EEC)No1418/76whichisapplicableto
theexportrefundsfixedinadvanceinrespectofrice
andbrokenriceshallbeassetoutintheAnnex
hereto.
Article2
ThisRegulationshallenterintoforceon1March
1981. (')OJNoL166,25.6.1976,p.1.
(2)OJNoL291,19.11.1979,p.17.
(J)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6. nOJNoL166,25.6.1976,p.30.

27.2.81 OfficialJournaloftheEuropeanCommunities NoL52/45
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26February1981.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof26February1981fixingthecorrectiveamountappli­
cabletotherefundonriceandbrokenrice
(ECU/tonne)
CCT
DescriptionCurrent1stperiod2ndperiod3rdperiod
heading
No 3 4 5 6
ex10.06 Rice:
B.I.Paddyrice,huskedrice:
a)Paddyrice:
1.Roundgrain— — — —
2.Longgrain— — — —
b)Huskedrice:
1.Roundgrain— — — —
2.Longgrain— — — —
II.Semi-milledorwholly
milledrice:
a)Semi-milledrice:
1.Roundgrain— — — —
2.Longgrain— — —
b)Whollymilledrice:
1.Roundgrain— — —
2.Longgrain 000 0
III.Brokenrice — — — —