CELEX: 31987R2314
Language: en
Date: 1987-08-01
Title: Commission Regulation (EEC) No 2314/87 of 30 July 1987 fixing the corrective amount applicable to the refund on rice and broken rice

1 . 8 . 87                              Official Journal of the European Communities                              No L 210/23
                                      COMMISSION REGULATION (EEC) No 2314/87
                                                        of 30 July 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
Whereas the first subparagraph of Article 17 (4) of Regu­              previous indent, and the aforesaid coefficient ;
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
Whereas Regulation No 474/67/EEC (3), as amended by                 Committee for Cereals,
 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
 reduced by an amount no greater than the difference                                         Article 1
 between the cif forward delivery price and the cif price,
 where the former exceeds the latter by more than 0,30
 ECU per tonne ; whereas on the other hand, the refund              The corrective amount referred to in Article 17 (4) of
 must be increased by an amount no greater than the                 Regulation (EEC) No 1418/76 which is applicable to the
 difference between the cif price and the cif forward deli­         export refunds fixed in advance in respect of rice and
 very price, where the former exceeds the latter by more            broken rice shall be as set out in the Annex hereto.
 than 0,30 ECU per tonne ;
 Whereas the cif price is that determined in accordance                                      Article 2
 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 August 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 .                             0 OJ No L 164, 24. 6. 1985, p. 1 .
 (4) OJ  No L 222, 10. 9. 1968 , p. 6.                              P) OJ No L 153, 13 . 6. 1987, p. 1 .
 ---pagebreak--- No L 210/24                       Official Journal of the European Communities                                    1 . 8 . 87
             This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 30 July 1987.
                                                                          For the Commission
                                                                           Frans ANDRIESSEN
                                                                              Vice-President
                                                            ANNEX
              to the Commission Regulation of 30 July 1987 fixing the corrective amount applicable to
                                            the refund on rice and broken rice
                                                                                                      (ECU/tonnej
                   CCT                                               Current    1st period 2nd period 3rd period
                  heading                    Description
                    No                                                  8           9          10         11
              ex 10.06       Rice :
                             B.  I. Paddy rice, husked rice :
                                      a) Paddy rice :
                                          1 . Round grain              —            —          —          —
                                          2. Long grain
                                      b) Husked rice :              Il                     ||
                                          1 . Round grain
                                          2 . Long grain               0            0          0          0
                                 II . Semi-milled        or  wholly
                                      milled rice :
                                      a) Semi-milled rice :
                                          1 . Round grain              —            —          —          —
                                          2. Long grain                —            —        ■ —          —
            \                         b) Wholly milled rice :                 IIII
                                          1 . Round grain
                                          2 . Long grain               0            0          0          0
                                III . Broken rice                      —            —          —          —