1.2.80 OfficialJournaloftheEuropeanCommunities NoL26/53
COMMISSION REGULATION (EEC)No231/80
of31January1980
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice(!),aslastamendedbyRegu­
lation(EEC)No113/80(2),andinparticularthe
secondsubparagraphofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,1418/76;whereasthecifforwarddeliverypriceisthat
determinedinaccordancewithArticle3(2)ofRegula­
tion(EEC)No1428/76(5),based,inrespectofeach
monthforwhichtheexportlicenceisvalid,onthecif
pricecalculatedonthebasisofoffersforshipment
duringthemonthofexportation ;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
Whereasitfollowsfromapplyingtheprovisionsset
outabovethatthecorrectiveamountapplicableon1
February1980mustbeassetoutintheAnnex
hereto;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,Whereasthefirstsubparagraph ofArticle17(4)of
Regulation (EEC)No1418/76providesthatthe
exportrefundapplicabletoriceandbrokenriceon
thedayonwhichapplicationforanexportlicenceis
made,adjustedforthethresholdpricewhichwillbe
inforceduringthemonthofexportation,mustbe
appliedonrequesttoexportstobeeffectedduringthe
periodofvalidityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamended
byRegulation (EEC)No1397/68(4),laysdown
detailedrulesfortheadvancefixingoftheexport
refundonriceandbrokenrice;
HASADOPTEDTHISREGULATION :WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-30ECUpertonne;whereas,onthe
otherhand,therefundmustbeincreasedbyan
amountnogreaterthanthedifferencebetweenthecif
priceandthecifforwarddeliveryprice,wherethe
formerexceedsthelatterbymorethan0-30ECUper
tonne;Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation(EEC)No1418/76whichisapplicableto
theexportrefundsfixedinadvanceinrespectofrice
andbrokenriceshallbeassetoutintheAnnex
hereto.
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulation (EEC)NoArticle2
ThisRegulationshallenterintoforceon1February
1980. (')OJNoL166,25.6.1976,p.1.
(2)OJNoL16,22.1.1980,p.1.
(3)OJNo204,24.8.1967,p.20.
(")OJNoL222,10.9.1968,p.6. (5)OJNoL166,25.6.1976,p.30.

NoL26/54 OfficialJournaloftheEuropeanCommunities1.2.80
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1980.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof31January1980fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
21stperiod
32ndperiod
43rdperiod
5
10.06 Rice:
A.Paddyrice,huskedrice:
I.Paddyrice:
a)Roundgrain
b)Longgrain— — — —
II.Huskedrice:\
a)Roundgrain— — — —
b)Longgrain 0000
B.Semi-milledorwhollymilledrice:l\
I.Semi-milled rice:
a)Roundgrain— — — —
b)Longgrain— — — —
II.Whollymilledrice:||
a)Roundgrain— — — —
b)Longgrain 0000
C.Brokenrice: — - — —