NoL55/74 OfficialJournaloftheEuropeanCommunities 1.3.86
COMMISSION REGULATION (EEC)No556/86
of28February1986
fixingthecorrectiveamountapplicabletotherefundonriceandbrokenrice
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No1418/76
of21June1976onthecommonorganizationofthe
marketinrice('),aslastamendedbyRegulation(EEC)
No3768/85(2),andinparticularthesecondsubparagraph
ofArticle17(4)thereof,1428/76(*),basedinrespectofeachmonthforwhichthe
exportlicenceisvalid,onthecifpricecalculatedonthe
basisofoffersforshipmentduringthemonthofexporta­
tion;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofRegulation(EEC)
No1676/85(*),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedforagivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient ;
Whereasitfollowsfromapplyingtheprovisionssetout
abovethatthecorrectiveamountmustbeassetoutinthe
Annexhereto;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforCereals,HavingregardtotheopinionoftheMonetaryCommittee,
WhereasthefirstsubparagraphofArticle17(4)ofRegu­
lation(EEC)No1418/76providesthattheexportrefund
applicabletoriceandbrokenriceonthedayonwhich
applicationforanexportlicenceismade,adjustedforthe
thresholdpricewhichwillbeinforceduringthemonth
ofexportation,mustbeappliedonrequesttoexportsto
beeffectedduringtheperiodofvalidityofthelicence;
WhereasRegulationNo474/67/EEC(3),asamendedby
Regulation(EEC)No1397/68(4),laysdowndetailedrules
fortheadvancefixingoftheexportrefundonriceand
brokenrice:
HASADOPTEDTHISREGULATION : WhereasthatRegulationprovidesthattherefundappli­
cableonthedayonwhichapplicationforanexport
licenceismademust,whenitisfixedinadvance,be
reducedbyanamountnogreaterthanthedifference
betweenthecifforwarddeliverypriceandthecifprice,
wheretheformerexceedsthelatterbymorethan0,30
ECUpertonne;whereasontheotherhand,therefund
mustbeincreasedbyanamountnogreaterthanthe
differencebetweenthecifpriceandthecifforwarddeli­
veryprice,wheretheformerexceedsthelatterbymore
than0,30ECUpertonne;Article1
ThecorrectiveamountreferredtoinArticle17(4)of
Regulation(EEC)No1418/76whichisapplicabletothe
exportrefundsfixedinadvanceinrespectofriceand
brokenriceshallbeassetoutintheAnnexhereto.
Whereasthecifpriceisthatdeterminedinaccordance
withArticle16ofRegulation(EEC)No1418/76;whereas
thecifforwarddeliverypriceisthatdeterminedinaccor­
dancewithArticle3(2)ofRegulation (EEC)NoArticle2
ThisRegulationshallenterintoforceon1March1986.
i5)OJNoL166,25.6.1976,p,30.
«)OJNoL164,24.6.1985,p.1.(')OJNoL166,25.6.1976,p.1.
(2)OJNoL362,31.12.1985,p.8.
(3)OJNo204,24.8.1967,p.20.
(4)OJNoL222,10.9.1968,p.6.

1.3.86 OfficialJournaloftheEuropeanCommunities NoL55/75
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28February1986.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof28February1986fixingthecorrectiveamountapplicable
totherefundonriceandbrokenrice
(ECU/tonne)
CCT
heading
NoDescriptionCurrent
31stperiod
42ndperiod
53rdperiod
6
ex10.06 Rice:
B.I.Paddyrice,huskedrice:
a)Paddyrice:
1.Roundgrain— — — —
2.Longgrain— — — —
b)Huskedrice:I\
1.Roundgrain— — — —
2.Longgrain 0000
II.Semi-milled orwholly
milledrice:
a)Semi-milledrice:\\
1.Roundgrain— — — —
2.Longgrain— — — —
b)Whollymilledrice:\IIl
1.Roundgrain— — — —I2.Longgrain 0000
III.Brokenrice— — — —