Commission Regulation (EC) No 1275/2004 of 12 July 2004 amending Regulation (EEC) No 2692/89 laying down detailed rules for exports of rice to Réunion as regards the correction to be made to the amount of the subsidy where there is a change in the intervention price for paddy rice at the end of the marketing year
Date: 2004-07-12
Institutions: European Commission
Subjects: Réunion, award of contract, competition law, export subsidy, intervention price, rice

L 241/8

EN

Official Journal of the European Union

13.7.2004

COMMISSION REGULATION (EC) No 1275/2004

of 12 July 2004

amending Regulation (EEC) No 2692/89 laying down detailed rules for exports of rice to Réunion as
regards the correction to be made to the amount of the subsidy where there is a change in the
intervention price for paddy rice at the end of the marketing year

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty
Community,

establishing the European

Having regard to Council Regulation (EC) No 3072/95 of 22
December 1995 on the common organisation of the market in
rice (1), and in particular Article 10(3) thereof,

(5)

(6)

The time limit for this procedure should be extended to
29 July.

The measures provided for in this Regulation are in
accordance with the opinion of
the Management
Committee for Cereals,

HAS ADOPTED THIS REGULATION:

Article 1

Whereas:

(1)

(2)

(3)

(4)

Commission Regulation (EEC) No 2692/89 (2) makes no
specific provision to take account of a change in the
intervention price at the end of the marketing year.

fall

the fall

from EUR 298,35/t

From the 2004/05 marketing year the intervention price
for rice will
to EUR 150/t,
exclusive of any monthly increase. To prevent any
distortion of competition,
in the intervention
price must be taken into account when determining
the amount of the subsidy applicable to exports of rice
covered by subsidy documents issued during the previous
marketing year but still valid at the beginning of the
2004/05 marketing year. To that end, Article 4 of Regu-
lation (EEC) No 2692/89 should provide for that to be
taken into account.

Article 4(2) and (3) of Regulation (EEC) No 2692/89 are hereby
replaced by the following:

‘2. Where the validity of the subsidy document referred to
in Article 13 extends beyond the end of the marketing year
and where export takes place during the following marketing
year, the amount of the subsidy resulting from the procedure
provided for in Article 9 shall be adjusted where necessary by
subtracting the difference between the intervention price for
paddy rice in the previous and the new marketing year,
exclusive of any monthly increase.

3.
The adjustment provided for in paragraph 2 shall take
account of the conversion rates specified in Article 1 of
Regulation No 467/67/EEC.
If the amount of the subsidy
resulting from this adjustment is below zero, that amount
shall be raised to zero.’

Article 2

Regulation (EEC) No 2692/89 should be amended
accordingly.

In Article 1(2) of Regulation (EC) No 1878/2003 the date ‘17
June’ is replaced by ‘29 July’.

Commission Regulation (EC) No 1878/2003 (3) opened
an invitation to tender for the subsidy on consignments
of husked long-grain B rice to Réunion.

This Regulation shall enter into force on the day following that
of its publication in the Official Journal of the European Union.

Article 3

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 12 July 2004.

For the Commission

Franz FISCHLER
Member of the Commission

(1) OJ L 329, 30.12.1995, p. 18. Regulation as last amended by the

2003 Act of Accession.

(2) OJ L 261, 7.9.1989, p. 8. Regulation as amended by Regulation (EC)

No 1453/1999 (OJ L 167, 2.7.1999, p. 19).

(3) OJ L 275, 25.10.2003, p. 23.