NoL257/38 OfficialJournaloftheEuropeanCommunities 28.9.85
COMMISSION REGULATION (EEC)No2721/85
of27September1985
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
(EEC)No1428/76(*),basedinrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2,25%,arateofexchangebasedon
theircentralrate,multipliedbythecoefficient
providedforinArticle2b(2)ofRegulation(EEC)
No974/71(*),aslastamendedbyRegulation(EEC)
No855/840,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent,andtheaforesaidcoeffi­
cient;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountmustbeasset
outintheAnnexhereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganization
ofthemarketinrice('),aslastamendedbyRegulation
(EEC)No1025/84(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;
whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulationHASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation (EEC)No1418/76whichisapplicableto
theexportrefundsfixedinadvanceinrespectofrice
andbrokenriceshallbeassetoutintheAnnex
hereto.
Article2
ThisRegulationshallenterintoforceon1October
1985.
(')OJNoL166,25.6.1976,p.1.
OOJNoL107,19.4.1984,p.13.
(3)OJNo204,24.8.1967,p.20.OOJNoL166,25.6.1976,p.30.
(6)OJNoL106,12.5.1971,p.1.0OJNoL90,1.4.1984,p.1. (4)OJNoL222,10.9.1968,p.'6.

28.9.85 OfficialJournaloftheEuropeanCommunities NoL257/39
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27September1985.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof27September1985fixingthecorrectiveamountappli­
cabletotherefundonriceandbrokenrice
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
101stperiod
112ndperiod
123rdperiod
1
ex10.06 Rice:
B.I.Paddyrice,huskedrice:
a)Paddyrice:
1.Roundgrain— __ — —I 2.Longgrain— — — —
b)Huskedrice:l
1.Roundgrain— — — —
2.Longgrain 0000
II.Semi-milled orwholly
milledrice:\ a)Semi-milledrice:I\
1.Roundgrain— — — —
2.Longgrain— — — —
b)Whollymilledrice:||IIIl
1.Roundgrain— __ — —
2.Longgrain 00 00
III.Brokenrice — — —