NoL122/12 OfficialJournaloftheEuropeanCommunities 18.5.79
COMMISSION REGULATION (EEC)No971/79
of17May1979
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
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
outabovethatthecorrectiveamountapplicableon18
May1979mustbeassetoutintheAnnexhereto;
WhereasCouncilRegulation(EEC)No652/79of29
March1979(6)laiddownthecoefficientfor
expressingamounts,fixedinunitsofaccount,in
ECU;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
1418/76of21June1976onthecommonorganiza­
tionofthemarketinrice(*),aslastamendedbyRegu­
lation(EEC)No1260/78(2),andinparticularthe
secondsubparagraph ofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
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;
WhereasthatRegulationprovidesthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-25unitofaccountpertonne;whereas,
ontheotherhand,therefundmustbeincreasedby
anamountnogreaterthanthedifferencebetweenthe
cifpriceandthecifforwarddeliveryprice,wherethe
formerexceedsthelatterbymorethan0-25unitof
accountpertonne;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulation (EEC)No
1418/76;whereasthecifforwarddeliverypriceisthat
determinedinaccordancewithArticle3(2)ofRegula­HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation (EEC)No1418/76whichisapplicableto
theexportrefundsfixedinadvanceinrespectofrice
andbrokenriceshallbeassetoutintheAnnex
hereto.
Article2
ThisRegulationshallenterintoforceon18May
1979.
(»)OJNoL166,25.6.1976,p.1.
(2)OJNoL156,14.6.1978,p.11.
(J)OJNo204,24.8.1967,p.20.
(*)OJNoL222,10.9.1968,p.6.(5)OJNoL166,25.6.1976,p.30.
6OJNoL84,4.4.1979,p.1.

18.5.79 OfficialJournaloftheEuropeanCommunities NoL122/13
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,17May1979.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof17May1979fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(ECI■/tonne)
CCT
heading
NoDescriptionCurrent
51stperiod
62ndperiod
73rdperiod
84thperiod
95thperiod
10
10.06 Rice:
A.Paddyrice;huskedrice:
I.Paddyrice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Huskedrice:
a)Roundgrain— — — — — —
b)Longgrain 000000
B.Semi-milledorwhollymilledrice:
I.Semi-milled rice:
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Whollymilledrice:
a)Roundgrain— — — — — —
b)Longgrain 000000
C.Brokenrice — — — — — —