27.6.75 OfficialJournaloftheEuropeanCommunities NoL164/31
REGULATION (EEC)No1618/75OFTHECOMMISSION
of26June1975
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(5),aslastamendedbyRegulation
(EEC)No2435/70(6),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofoffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon27June
1975mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTED THISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon27June
1975.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(•)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No476/75(2),andinparticularthefirst
subparagraph ofArticle17(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
Whereasthefirstsubparagraph ofArticle17(4)of
RegulationNo359/67/EECprovidesthattheexport
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
morethan0025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26June1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo174,31.7.1967,p.1.
(2)OJNoL52,28.2.1975,p.31
(s)OJNo204,24.8.1967,p.20.
(•»)OJNoL222,10.9.1968,p.6.(5)OJNo174,31.7.1967,p.32.
(b)OJNoL262,3.12.1970,p.1.

NoL164/32 OfficialJournaloftheEuropeanCommunities 27.6.75
ANNEX
totheCommissionRegulationof26June1975fixingthecorrectiveamountapplicableto
therefundonriceandbrokenrice
(u.a./100kg)
OCT
heading
NoDescriptionofgoodsCurrent
61stperiod
72ndperiod
83rdperiod
94thperiod
105thperiod
11
10.06 Rice: El
A.Paddyrice;huskedrice:l
I.Paddyrice: l
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Huskedrice: \
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
B.Semi-milledorwhollymilledrice:|l
I.Semi-milled rice:I\
a)Roundgrain— — — — — —
b)Longgrain— — — — — —
II.Whollymilledrice:\
a)Roundgrain— — — — — —
b)Longgrain 0 00 00 0
C.Brokenrice — — — — — —