CELEX: 31987R2592
Language: en
Date: 1987-08-29 00:00:00
Title: Commission Regulation (EEC) No 2592/87 of 28 August 1987 fixing the corrective amount applicable to the refund on rice and broken rice

29 . 8 . 87                              Official Journal of the European Communities                                No L 245/7
                                     COMMISSION REGULATION (EEC) No 2592/87
                                                       of 28 August 1987
                    fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         dance with Article 3 (2) of Council Regulation (EEC) No
                                                                    1428/76 (*), based in respect of each month for which the
                                                                    export licence is valid, on the cif price calculated on the
Having regard to the Treaty establishing the European               basis of offers for shipment during the month of exporta­
Economic Community,                                                 tion ;
                                                                    Whereas, if the refund system is to operate normally,
Having regard to the Act of Accession of Spain and                  refunds should be calculated on the following basis :
Portugal,
                                                                    — in the case of currencies which are maintained in rela­
                                                                          tion to each other at any given moment within a band
 Having regard to Council Regulation (EEC) No 1418 /76                    of 2,25 % , a rate of exchange based on their central
of 21 June 1976 on the common organization of the                         rate, multiplied by the corrective factor provided for in
 market in rice ('), as last amended by Regulation (EEC)                  the last paragraph of Article 3 ( 1 ) of Council Regula­
 No 1907/87 (2), and in particular the second subparagraph                tion (EEC) No 1676/85 (*), as last amended by Regula­
 of Article 17 (4) thereof,                                               tion (EEC) No 1636/87 0,
                                                                    — for other currencies, an exchange rate based on the
 Having regard to the opinion of the Monetary Committee,                  arithmetic mean of the spot market rates of each of
                                                                          these currencies recorded for a given period in rela­
                                                                          tion to the Community currencies referred to in the
                                                                          previous indent, and the aforesaid coefficient ;
 Whereas the first subparagraph of Article 17 (4) of Regu­
 lation (EEC) No 1418/76 provides that the export refund
 applicable to rice and broken rice on the day on which             Whereas it follows from applying the provisions set out
 application for an export licence is made, adjusted for the         above that the corrective amount must be as set out in the
 threshold price which will be in force during the month             Annex hereto ;
 of exportation, must be applied on request to exports to
 be effected during the period of validity of the licence ;
                                                                     Whereas the measures provided for in this Regulation are
                                                                     in accordance with the opinion of the Management
                                                                     Committee for Cereals,
 Whereas Regulation No 474/67/EEC (3), as amended by
 Regulation (EEC) No 1397/68 (4), lays down detailed rules
 for the advance fixing of the export refund on rice and
 broken rice :
                                                                     HAS ADOPTED THIS REGULATION :
 Whereas that Regulation provides that the - refund appli­
 cable on the day on which application for an export
 licence is made must, when it is fixed in advance, be
                                                                                                Article 1
 reduced by an amount no greater than the difference
 between the cif forward delivery price and the cif price,
 where the former exceeds the latter by more than 0,30               The corrective amount referred to in Article 17 (4) of
 ECU per tonne ; whereas on the other hand, the refund               Regulation (EEC) No 1418/76 which is applicable to the
 must be increased by an amount no greater than the                  export refunds fixed in advance in respect of rice and
 difference between the cif price and the cif forward deli­          broken rice shall be as set out in the Annex hereto .
 very price, where the former exceeds the latter by more
 than 0,30 ECU per tonne ;
                                                                                                Article 2
 Whereas the cif price is that determined in accordance
 with Article 16 of Regulation (EEC) No 1418/76 ; whereas
  the cif forward delivery price is that determined in accor­        This Regulation shall enter into force on 1 September
                                                                      1987.
 (')  OJ  No L 166, 25. 6. 1976, p. 1 .
 (2)  OJ  No L 182, 3. 7. 1987, p. 51 .                               0 OJ No L 166, 25 . 6. 1976, p . 30.
  (3) OJ  No 204, 24. 8 . 1967, p. 20 .                               («) OJ No L 164, 24. 6. 1985, p. 1 .
  (4) OJ  No L 222, 10 . 9. 1968 , p. 6.                              0 OJ No L 153, 13 . 6. 1987, p. 1 .
 ---pagebreak--- No L 245/ 8                     Official Journal of the European Communities                                   29 . 8 . 87
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 28 August 1987.
                                                                        For the Commission
                                                                         Frans ANDRIESSEN
                                                                            Vice-President
                                                           ANNEX
            to the Commission Regulation of 28 August 1987 fixing the corrective amount applicable
                                        to the refund on rice and broken rice
                                                                                                   (ECU/tonne)
                 CCT                                               Current   1st period 2nd period 3rd period
                heading                     Description
                  No                                                 9           10         11         12
            ex 10.06       Rice :
                           B.   I. Paddy rice, husked rice :
                                     a) Paddy rice :
                                         1 . Round grain             —           —          —          —
                                         2. Long grain               —           —          —          —
                                     b) Husked rice :              ||\                  II
                                         1 . Round grain             —           —          —          —
                                         2. Long grain               0        — 40,00    — 40,00     — 40,00
                                II. Semi-milled
                                    milled rice :
                                                        or  wholly
                                                                                                   I
                                     a) Semi-milled rice :         IIII||
                                         1 . Round grain             —           —          —          —
                                         2. Long grain               —           —          —          —
                                     b) Wholly milled rice :                IIIIIl
                                         1 . Round grain             —           —          —          —
                                         2. Long grain                0       — 50,00    — 50,00     — 50,00
                               III . Broken rice                     —           —          —          —