NoL281/16 OfficialJournaloftheEuropeanCommunities 18.10.74
REGULATION (EEC)No2631/74OFTHECOMMISSION
of17October1974
fixingtheexportrefundsonriceandbrokenrice
whentheexportrefundonriceandbrokenriceis
beingcalculated ;
Whereastheworldmarketsituationorthespecific
requirements ofcertainmarketsmaymakeitneces­
sarytovarytherefundforcertainproductsaccording
todestination ;
Whereastherefundmustbefixedonceaweek;
whereasitmaybealteredintheinterveningperiod;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesinferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinrict
andinparticulartoquotationsorpricesforriceand
brokenricewithintheCommunityandontheworld
marketthattherefundshouldbefixedattheamounts
shownintheAnnextothisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(')of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No1129/74(2),andinparticularthefirst
sentenceofthefourthsubparagraph ofArticle17(2)
thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle17ofRegulationNo359/67/EEC
providesthatthedifferencebetweenquotationsor
pricesontheworldmarketfortheproductslistedin
Article 1ofthatRegulationandpricesforthose
productswithintheCommunitymaybecoveredby
anexportrefund;
WhereasArticle2ofCouncilRegulationNo366/
67/EEC(3)of25July1967layingdowngeneralrules
forgrantingexportrefundsonriceandcriteriafor
fixingtheamountofsuchrefunds,asamendedby
RegulationNo1019/67/EEC(4)providesthatwhen
refundsarebeingfixedaccountmustbetakenofthe
existingsituationandthefuturetrendwithregardto
pricesandavailabilitiesofriceandbrokenriceonthe
Communitymarketontheonehandandpricesfor
riceandbrokenriceontheworldmarketonthe
other;whereasthesameArticleprovidesthatitisalso
importanttoensureequilibriumandthenaturaldevel­
opmentofpricesandtradeonthericemarketand,
furthermore ,totakeintoaccounttheeconomicaspect
oftheproposedexportsandtheneedtoavoiddistur­
banceoftheCommunitymarket;
WhereasRegulationNo669/67/EEC(5)asamended
byRegulation (EEC)No1057/68(6)laysdownthe
maximumpercentageofbrokenriceallowedinrice
forwhichanexportrefundisfixedandspecifiesthe
percentagebywhichthatrefundistobereduced
wheretheproportionofbrokenriceintherice
exportedexceedsthatmaximum ;
WhereasArticle3ofRegulationNo366/67/EEC
definesthespecificcriteriatobetakenintoaccountHASADOPTED THISREGULATION :
Article1
TherefundsontheproductslistedinArticle 1of
RegulationNo359/67/EECwiththeexceptionof
thoselistedinparagraph 1(c)ofthatArticle,exported
inthenaturalstate,areherebyfixedasshowninthe
AnnextothisRegulation .
(>)OJNo174,31.7.1967,p.1.
(AOJNoL128,10.5.1974,p.20.
(3)OJNo174,31.7.1967,p.34.
(«)OJNo311,21.12.1967,p.13.Article2
ThisRegulationshallenterintoforceon18October
1974.(5)OJNo241,5.10.1967,p.6.
(oOJNoL179,25.7.1968,p.31.

1X.10.74 OfficialJournaloftl.i.!u!11■;■v.■amCommunities NoI.2SI/I7
ThisRegulationshallbebindinginitsentiietvamidirectlyapplicablein.illMember
States.
DoneatBrussels,17October1974.
/■<irtheCommission
P.J.LARDINOIS
AltmheroftheCommission
ANNEX
totheCommissionRegulationof17October1974fixingtheexportrefundsonriceand
brokenrice
fu.a./100kg]
CC7
heading
NoPesiriptionofgood?Amountof
refund
10.06 Rice:
A.Paddyrice;huskedricc:
I
II.Huskedrice:
a)Roundgrained—
b)Longgrained—
B.Semi-milledorwhollymilledrice-
I.Semi-milled rice:
a)Roundgrained
b)Longgrained—
II.Whollymilledrice:
a)Roundgrained—
b)Longgrained—
C.Brokenrice
TheamountbywhichtherefundsmaybeincreasedpursuanttoArticle1ofRegulationNo719;
•Vf1·Ois0-20u.a./100kg.