NoL325/20 OfficialJournaloftheEuropeanCommunities 29.11.88
COMMISSION REGULATION (EEC)No3704/88
of28November 1988
fixingtheexportrefundsonriceandbrokenrice
theexportrefundonriceandbrokenriceisbeingcalcu­
lated;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,Whereastheworldmarketsituationorthespecificrequi­
rementsofcertainmarketsmaymakeitnecessarytovary
therefundforcertainproductsaccordingtodestination;
Whereasaseparaterefundshouldbefixedforpackaged
longgrainricetoaccommodate currentdemandforthe
productoncertainmarkets;
Whereastherefundmustbefixedatleastonceamonth;
whereasitmaybealteredintheinterveningperiod;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No1636/87(*);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereasitfollowsfromapplyingtheserulesandcriteria
tothepresentsituationonthemarketinriceandin
particulartoquotationsorpricesforriceandbrokenrice
withintheCommunityandontheworldmarket,thatthe
refundshouldbefixedassetoutintheAnnexhereto;HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice(1),aslastamendedbyRegulation(EEC)
No2229/88(2),andinparticularthefirstsentenceofthe
fourthsubparagraph ofArticle17(2)thereof,
.HavingregardtotheopinionoftheMonetaryCommittee,
WhereasArticle17ofRegulation(EEC)No1418/76
providesthatthedifferencebetweenquotationsorprices
ontheworldmarketfortheproductslistedinArticle1of
thatRegulationandpricesforthoseproductswithinthe
Communitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
1431/76of21June1976layingdowngeneralrulesfor
grantingexportrefundsonriceandcriteriaforfixingthe
amountofsuchrefunds(3),providesthatwhenrefundsare
beingfixedaccountmustbetakenoftheexistingsitua­
tionandthefuturetrendwithregardtopricesandavaila­
bilitiesofriceandbrokenriceontheCommunitymarket
ontheonehandandpricesforriceandbrokenriceon
theworldmarketontheother;whereasthesameArticle
providesthatitisalsoimportanttoensureequilibrium
andthenaturaldevelopmentofpricesandtradeonthe
ricemarketand,furthermore ,totakeintoaccountthe
economicaspectoftheproposedexportsandtheneedto
avoiddisturbancesoftheCommunitymarket;
WhereastoCommissionRegulation(EEC)No1361/76(4)
laysdownthemaximumpercentageofbrokenrice
allowedinriceforwhichanexportrefundisfixedand
specifiesthepercentagebywhichthatrefundistobe
reducedwheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum;
WhereasArticle3ofRegulation (EEC)No1431/76
definesthespecificcriteriatobetakenintoaccountwhenWhereas,pursuanttoArticle275oftheActofAccession
ofSpainandPortugal,refundsmaybegrantedinthecase
ofexportstoPortugal;whereas,inthelightofthesitua­
tionandthelevelofpricesnorefundshouldbefixedin
thecaseofexportstoPortugal;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,
(')OJNoL166,25.6.1976,p.1.0OJNoL197,26.7.1988,p.30.
(3)OJNoL166,25.6.1976,p.36.0OJNoL154,15.6.1976,p.11.0OJNoL164,24.6.1985,p.1.$OJNoL153,13.6.1987,p.1.

29.11.88 OfficialJournaloftheEuropeanCommunities NoL325/21
HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1of
Regulation(EEC)No1418/76withtheexceptionofthose
listedinparagraph 1(c)ofthatArticle,exportedinthenaturalstate,shallbeassetoutintheAnnexhereto.The
refundonexporttoPortugalhasnotbeenfixed.
Article2
ThisRegulationshallenterintoforceon1December
1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28November1988.
Forthe'Commission
FransANDRlfasSEN
Vice-President

NoL325/22 OfficialJournaloftheEuropeanCommunities 29.11.88
.ANNEX ,
totheCommissionRegulationof28November1988fixingtheexport-refundsonriceand
brokenrice
(ECU/tonne)
Productcode Destination(')Amount
ofrefunds(2)
10062010000—:
10062090000 01 194,40
l02 —
10063011000— —
10063019000 01 194,40
l02 —
10063091000 — —
10063099100 01 243,00
I 03 .262,00
l 05 262,00
-06 267,00
07 267,00
I 08 262,00
\ 09 262,00
l 10 267,00
\ 11 267,00
12 267,00
13 243,00
I14 267,00
10063099900 01 243,00
13 243,00
10064000000— —
(')Thedestinationsareidentifiedasfollows:
01Austria,Liechtenstein ,Switzerland,thecommunesofLivignoandCampioned'Italia
02ThirdcountriesotherthanAustria,Liechtenstein ,SwitzerlandandthecommunesofLivignoandCampione
d'Italie
03ZoneI
04ThirdcountriesotherthanAustria,Liechtenstein ,Switzerland,thecommunesofLivignoandCampione
d'ItalieandcountriesofZoneI
05ZoneIIb)
06ZoneTVa)
07ZoneIVb)
08ZoneVI
09CanaryIslands,CeutaandMelilla
10ZoneVa)
11ZoneVIIc) ,
12Canada
13DestinationsmentionedinArticle34ofCommissionRegulation(EEC)No3665/87(OJNoL351,14.12.
1987,p.1)
14ZoneVIII,exceptSurinam,GuyanaandMadagascar.
(2)Theamountisapplicabletomedium-grainandlong-grainrice,oftypeA(withalength/widthratioofgreater
than2andlessthan3),asdefinedinparagraph2ofAnnexAofRegulation(EEC)No1418/76,asamendedby
Regulation(EEC)No3877/87(OJNoL365,24.12.1987,p.1).
NB:ThezonesarethosedefinedintheAnnextoRegulation(EEC)No1124/77(OJNoL134,28.
5.1977),aslastamendedbyRegulation(EEC)No296/88(OJNoL30,2.2.1988).
Theexportrefundsaretobeconvertedintonationalcurrenciesusingthespecificagricultural
conversionratesfixedinamendedRegulation(EEC)No3294/86(OJNoL304,30.10.1986).
TheproductcodesandthefootnotesaredefinedinCommissionRegulation(EEC)No3846/87
(OJNoL366,24.12.1987,p.1),asamended.