NoL76/24 OfficialJournaloftheEuropeanCommunities 25.3.75
REGULATION (EEC)No764/75OFTHECOMMISSION
of24March1975
amendingRegulation (EEC)No2012/74layingdowndetailedrulesofapplica­
tionasregardsproductionrefundsinthecerealsandricesector
WhereasRegulation (EEC)No10/75effectively
deletedthatprovisionofArticle2(3)ofRegulation
(EEC)No2012/75wherebycertainsumspaidtothe
personentitledtotherefundweretoberepaid;
whereasArticle4(4)ofRegulation (EEC)No2012/74
hasthereforebecomesuperfluous ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTED THISREGULATION :THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo120/
67/EEC(')of13June1967onthecommonorganiza­
tionofthemarketincereals,aslastamendedbyRegu­
lation(EEC)No85/75(2);
HavingregardtoCouncilRegulationNo359/
67/EEC(3)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No476/75(4);
HavingregardtoCouncilRegulation (EEC)No
1132/74(5)of29April1974onproductionrefundsin
thecerealsandricesector,aslastamendedbyRegula­
tion(EEC)No3113/74(6),andinparticularArticle9
thereof;
WhereasCommission Regulation (EEC)No
2012/74(7)of30July1974layingdowndetailedrules
fortheapplicationofRegulation (EEC)No1132/74as
regardsproductionrefundsinthecerealsandrice
sector,aslastamendedbyRegulation (EEC)No
10/75(8),providesthattheproductionrefundshallbe
grantedonlywhenthepersonentitledtotherefund
haslodgedasecurityequaltotherefundrequested,
plus5%;
Whereasatpresentthissecuritymaynotbereleased
untilthepersonentitledtotherefundhasfurnished
proofthatatleast96%ofthequantityofthebasic
productplacedunderofficialsupervisionhasbeen
processedwithintheperiodallowed;whereasexperi­
encehasshownthatthemanufacturer ,becauseof
changesinmarketconditions,isnotalwaysinaposi­
tiontoprocesswithintheperiodallowedthequantity
ofproductsundersupervision ;whereasinorderto
avoidexcessivefinancecostsinsuchcasesitappears
advisabletoprovideforthesecuritytobereleasedin
respectofanamountequaltothatoftheproduction
refundpayableontheamountofthebasicproduct
actuallyprocessed ;Article1
Thefollowingsubparagraphs areaddedtoArticle4(3)
ofRegulation (EEC)No2012/74:
'However,whenproofisfurnished,inaccordance
withtheprecedingsubparagraphs ,thatquantity
equaltolessthan96%oftheamountofthebasic
producthasbeenprocessed,shallbereleasedin
respectofanamountequaltothatoftheproduc­
tionrefundpayableonthequantityofthebasic
productwhichhasbeenprocessed.
Thesecurityorpartthereofnotreleasedinaccor­
dancewiththisArticleshallbeforfeitandapplied
bywayofreimbursement oftherefundpaid.'
Article2
Paragraph4ofArticle4ofRegulation (EEC)No
2012/74isdeleted.
(')OJNo117,19.6.1967,p.2269/67.Article3
ThisRegulationshallenterintoforceonthethirdday
followingitspublicationintheOfficialJournalof
theEuropeanCommunities .
Wherethoseconcernedsorequest,itshallbeapplied
witheffectfrom:
—1August 1974forproductscoveredbyRegulation
No120/67/EEC,
—1September1974forproductscoveredbyRegula­
tionNo359/67/EEC.(2)OJNoL11,16.1.1975,p.1.
(3)OJNo174,31.7.1967,p.1.
(")OJNoL52,28.2.1975,p.31.
(5)OJNoL128,10.5.1974,p.24.
(6)OJNoL332,12.12.1974,p.1.
(7)OJNoL209,31.7.1974,p.44.
(8)OJNoL1,3.1.1975,p.24.

25.3.75 OfficialJournaloftheEuropeanCommunities NoL76/25
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24March1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission