CELEX: 31974R3132
Language: en
Date: 1974-12-13 00:00:00
Title: Regulation (EEC) No 3132/74 of the Commission of 12 December 1974 fixing the corrective amount applicable to the refund on rice and broken rice

13 . 12. 74                                Official Journal of the European Communities                        No L 333/ 17
                               REGULATION (EEC) No 3132/74 OF THE COMMISSION
                                                        of 12 December 1974
              fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN                                        whereas the cif forward delivery price is that deter­
COMMUNITIES,                                                          mined in accordance with Article 3 (2) of Regulation
                                                                      No 365/67/EEC (5), as last amended by Regulation
Having regard to the Treaty establishing the European                 (EEC) No 2435/70 (6), based, in respect of each month
Economic Community ;                                                  for which the export licence is valid, on the cif price
Having regard to Council Regulation No 359/                           calculated on the basis of offers for shipment during
67/EEC (') of 25 July 1967 on the common organiza­                    the month of exportation ;
tion of the market in rice, as last amended by Regula­                Whereas if the refund system is to operate normally,
tion (EEC) No 11 29/74 (2), and in particular the first               refunds should be calculated on the following basis :
subparagraph of Article 1 7 (4) thereof ;
                                                                      — in the case of currencies which are maintained in
Having regard to the Opinion of the Monetary                              relation to each other, at any given moment,
Committee ;                                                               within a band of 2-25 % , a rate of exchange based
Whereas the first subparagraph of Article 17 (4) of                       on their effective parity ;
Regulation No 359/67/EEC provides that the export                     — for other currencies an exchange rate based on the
refund applicable to rice and broken rice on the day                      arithmetic mean of the spot market rates of each
on which application for an export licence is made,                       of these currencies recorded for a given period, in
adjusted for the threshold price which will be in force                   relation to the Community currencies referred to
during the month of exportation, must be applied on                       in the previous subparagraph ;
request to exports to be effected during the period of
validity of the licence ;                                             Whereas it follows from applying all these provisions
                                                                      that the corrective amount applicable on 13
Whereas Regulation No 474/67/EEC (3), as amended                      December 1974 must be fixed as shown in the Table
by Regulation (EEC) No 1 397/68 (4), lays down                        annexed to this Regulation ;
detailed rules for the advance fixing of the export                   Whereas the measures provided for in this Regulation
refund on rice and broken rice ;
                                                                      are in accordance with the Opinion of the Manage­
Whereas that Regulation provides that the refund                      ment Committee for Cereals,
applicable on the day on which application for an
export licence is made must, when it is fixed in                      HAS ADOPTED THIS REGULATION :
advance, be reduced by an amount no greater than the
difference between the cif forward delivery price and                                         Article 1
the cif price, where the former exceeds the latter by
more than 0-025 unit of account per 100 kilo­                         The corrective amount referred to in Article 17 (4) of
grammes ; whereas, on the other hand, the refund                      Regulation No 359/67/ EEC 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                  broken rice is hereby fixed as shown in the Table
delivery price, where the former exceeds the latter by                annexed to this Regulation .
more than 0-025 unit of account per 100 kilo­
grammes ;                                                                                      Article 2
Whereas the cif price is that determined in accor­                    This    Regulation   shall   enter into  force on    13
dance with Article 16 of Regulation No 359 /67/ EEC ;                 December 1974 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels, 12 December 1974.
                                                                                 For the Commission
                                                                                   P.J. LARDINOIS
                                                                            Member of the Commission
(')  OJ No  174, 31 . 7 .  1967, p.   1.
 (2) OJ No  L 128 , 10 .  .5 . 1974, p. 20,
 (3) OJ No  204, 24. 8 .   1 967, p. 20 .                             (5) OJ No 174, 31 . 7. 1967, p. 32.
(■») OJ No  L 222, 10 .   9 . 1968 , p. 6 .                           (") OJ No L 262, 3 . 12. 1970, p. 1 .
 ---pagebreak--- No L 333/18                                Official Journal of the European Communities                      13 . 12. 74
                                                               ANNEX
                 to the Commission Regulation of 12 December 1974 fixing the corrective amount applicable
                                                 to the refund on rice and broken rice
                                                                                                               (u.a.1100 kg)
                                                                         1st         2nd     3rd        4th       5th
     CCT                                               Current
    heading           Description of goods                             period       period period     period     period
      No                                                  12              1            2      3          4         5
10.06       Rice :
            A. Paddy rice ; husked rice : -
                L Paddy rice :
                   a) Round grained                       —             —             —       —         —          —
                   b) Long grained                        —             —             —       —         —          —
               II. Husked rice :
                   a) Round grained                      —              —             —       —         —
                                                                                                                  —
                   b) Long grained                       —              —             —       —         —
                                                                                                                   —
            B. Semi-milled or wholly milled
               rice :                                                                             ,
                I. Semi-milled rice :
                   a) Round grained                      —
                                                                        —             —       —
                                                                                                        __
                                                                                                                  —
                   b) Long grained                       —              —             —       —
                                                                                                        —
                                                                                                                  —
               II. Wholly milled rice :
                   a) Round grained                      —              —             —
                                                                                              —         —
                                                                                                                  —
                   b) Long grained                       —
                                                                        —             —
                                                                                              —         —
                                                                                                                  —
            C. Broken rice :                             —              —             —       —         —
                                                                                                                  —   .
                                                                                            I