13.2.76 OfficialJournaloftheEuropeanCommunities NoL38/19
COMMISSION REGULATION (EEC)No308/76
of12February1976
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo359/
67/EECof25July1967onthecommonorganiza­
tionofthemarketinrice(!.),aslastamendedbyRegu­
lation(EEC)No668/75(2),andinparticularthefirst
subparagraphofArticle17(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee,
WhereasthefirstsubparagraphofArticle17(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
morethan0-25unitofaccountpermetricton;
whereas,ontheotherhand,therefundmustbe
increasedbyanamountnogreaterthanthedifference
betweenthecifpriceandthecifforwarddelivery
price,wheretheformerexceedsthelatterbymore
than0-25unitofaccountpermetricton;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
whereasthecifforwarddeliverypriceisthatdeter­minedinaccordancewithArticle3(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
thatthecorrectiveamountapplicableon13February
1976mustbefixedasshowninthetableannexedto
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforCereals,
HASADOPTEDTHISREGULATION :
Article1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshowninthetable
annexedtothisRegulation.
Article2
ThisRegulationshallenterintoforceon13February
1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,12February1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(')OJNo174,31.7.1967,p.1.
(2)OJNoL72,20.3.1975,p.18.
(J)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6.(5)OJNo174,31.7.1967,p.32.
(6)OJNoL262,3.12.1970,p.1.

NoL38/20 OfficialJournaloftheEuropeanCommunities 13.2.76
ANNEX
totheCommissionRegulationof12February1976fixingthecorrectiveamountappli­
cabletotherefundonriceandbrokenrice
(u.a./metricton)
CCT
heading
NoDescriptionofgoodsCurrent
21stperiod
32ndperiod
4'3rdperiod
54thperiod
65thperiod
7
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 000000
b)Longgrain 000000
C.Brokenrice — — — — — —