NoL281/18 OfficialJournaloftheEuropeanCommunities 18.10.74
REGULATION (EEC)No2632/74OFTHECOMMISSION
of17October1974
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
whereasthecifforwarddeliverypriceisthatdeter­
minedinaccordancewithArticle3(2)ofRegulation
No365/67/EEC(5),aslastamendedbyRegulation
(EEC)No2435/70(6),based,inrespectofeachmonth
forwhichtheexportlicenceisvalid,onthecifprice
calculatedonthebasisofSuffersforshipmentduring
themonthofexportation ;
Whereasiftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
thatthecorrectiveamountapplicableon18October
1974mustbefixedasshownintheTableannexedtc
thisRegulation ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforCereals,
HASADOPTED THISREGULATION :
Artiiic1
ThecorrectiveamountreferredtoinArticle17(4)of
RegulationNo359/67/EECwhichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceisherebyfixedasshownintheTable
annexedtothisRegulation .
Artic/c2
ThisRegulationshallenterintoforceon18October
1974.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo359/
67/EEC(!)of25July1967onthecommonorganiza­
tionofthemarketinrice,aslastamendedbyRegula­
tion(EEC)No1129/74(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;
WhereasthatRegulationproviderthattherefund
applicableonthedayonwhichapplicationforan
exportlicenceismademust,whenitisfixedin
advance,bereducedbyanamountnogreaterthanthe
differencebetweenthecifforwarddeliverypriceand
thecifprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes;whereas,ontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforward
deliveryprice,wheretheformerexceedsthelatterby
morethan0-025unitofaccountper100kilo­
grammes ;
Whereasthecifpriceisthatdeterminedinaccor­
dancewithArticle16ofRegulationNo359/67/EEC;
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,17October1974.
Forthe(jiniiiiiwioii
P.J.I.ARDINOIS
Ahnihi-roftheCommission
t1)0|No174,II.7.1967,p.I.
(-')OJNoL.12X,10.S:1974,p.20.
(■')OjNo204,24.X.1967,p.20.
(4)O)NoL222,10.9.196X,p.6.0)0|No174,31.7.1967,p.32.
(")OjNoL262,3.12.1970,p.1.

18.10.74 OfficialJournaloftheEuropeanCommunities NoL281/19
ANNEX
totheCommissionRegulationof17October1974fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(u.a./100kg)
CCT
heading
NoDescriptionofgoodsCurrent
101st
period
112nd
period
123rd
period
14th
period
25th
period
3
100* Rice:
Λ.Paddylice;huskedrice:
I.Paddyrice:
a)Roundgrained— — — — — —
b)Longgrained— — — — — —
II.Huskedrice:
a)Roundgrained— — — — — —
b)Longgrained— — — — — --
B.Semi-milledorwhollymilled
rice:
I.Semi-milled rice:
a)Roundgrained — — — —
b)Longgrained — — — — ——
II.Whollymilledrice:
a)Roundgrained — — — — —
b)Longgrained __ — — — — —
C.Brokenrice — — — — — —