CELEX: 31976R1246
Language: en
Date: 1976-05-27 00:00:00
Title: Commission Regulation (EEC) No 1246/76 of 26 May 1976 fixing the corrective amount applicable to the refund on rice and broken rice

27. 5. 76                                 Official Journal of the European Communities                         No L 139/39
                                     COMMISSION REGULATION ( EEC) No 1246/76
                                                           of 26 May 1976
               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
                                                                     (EEC) No 2435/70 (6), based, in respect of each month
 Having regard to the Treaty establishing the European               for which the export licence is valid, on the cif price
 Economic Community,                                                 calculated on the basis of offers for shipment during
                                                                     the month of exportation ;
 Having regard to Council Regulation No 359/                         Whereas if the refund system is to operate normally,
 67/EEC of 25 July 1967 on the common organiza­                      refunds should be calculated on the following basis :
 tion of the market in rice (! ), as last amended by Regu­
 lation (EEC) No 668/75 (2), and in particular the first
                                                                     — in the case of currencies which are maintained in
 subparagraph of Article 17 (4) thereof,
                                                                          relation to each other, at any given moment,
                                                                          within a band of 2-25 % , a rate of exchange based
 Having regard to the opinion of the Monetary                             on their effective parity ;
 Committee,
                                                                     — for other currencies an exchange rate based on the
                                                                          arithmetic mean of the spot market rates of each
 Whereas the first subparagraph of Article 17 (4) of                      of these currencies recorded for a given period, in
 Regulation No 359/67/EEC provides that the export                        relation to the Community currencies referred to
 refund applicable to rice and broken rice on the day                     in the previous subparagraph ;
 on which application for an export licence is made,
 adjusted for the threshold price which will be in force             Whereas it follows from applying all these provisions
 during the month of exportation, must be applied on                 that the corrective amount applicable on 1 June 1976
 request to exports to be effected during the period of              must be fixed as shown in the table annexed to this
 validity of the licence ;                                           Regulation ;
                                                                     Whereas the measures provided for in this Regulation
Whereas Regulation No 474/67/ EEC (3), as amended                    are in accordance with the opinion of the Manage­
 by Regulation (EEC) No 1 397/68 (4), lays down                      ment Committee for Cereals,
 detailed rules for the advance fixing of the export
 refund on rice and broken rice ;
Whereas that Regulation provides that the refund                     HAS ADOPTED THIS REGULATION :
 applicable 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 between the cif forward delivery price and                                         Article 1
 the cif price, where the former exceeds the latter by
 more than 0-25 unit of account per metric ton ;                     The corrective amount referred to in Article 17 (4) of
 whereas, on the other hand, the refund must be
                                                                     Regulation No 359/67/ EEC which is applicable to the
 increased by an amount no greater than the difference               export refunds fixed in advance in respect of rice and
 between the cif price and the cif forward delivery                  broken rice is hereby fixed as shown in the table
 price, where the former exceeds the latter by more
                                                                     annexed to this Regulation .
 than 0-25 unit of account per metric ton ;
Whereas the cif price is that determined in accor­                                             Article 2
dance with Article 16 of Regulation No 359/67/EEC ;
(') OJ  No  174, 31 . 7. 1967, p . 1 .
                                                                     This Regulation shall enter into force on 1 June 1976.
(2) OJ  No  L 72, 20 . 3 . 1975, p. 18.
(}) OJ  No  204, 24. 8 . 1967 , p. 20 .                              (5) OJ No 174, 31 . 7 . 1967, p. 32.
 4  OJ  No  L 222, 10 . 9 . 1968 , p . 6 .                           (6) OJ No L 262, 3 . 12. 1970, p. 1 .
 ---pagebreak--- No L 139 /40                        Official Journal of the European Communities                                          27. 5. 76
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 26 May 1976.
                                                                              For the Commission
                                                                                  P.J. LARDINOIS
                                                                           Member of the Commission
                                                            ANNEX
            to the Commission Regulation of 26 May 1976 fixing the corrective amount applicable to
                                               the refund on rice and broken rice
                                                                                                                       (u.a. / metric ton)
      CCT                                                          Current   1st period 2nd period 3rd period 4th period     5th period
    heading                     Description of goods
       No                                                            6            7         8          9          10             11
10.06           Rice :
                A. Paddy rice ; husked rice :
                     I. Paddy nee :
                         a) Round grain                             —            —         —           —          —              —
                         b) Long grain                              —            —         —           —          —             —
                    II . Husked rice :
                         a) Round grain                             —            —         —           —          —              —
                         b) Long grain                               0           0          0          0          0              0
                B. Semi-milled or wholly milled rice :
                     I. Semi-milled rice :
                         a) Round grain                             —            —         —           —          —              —
                         b) Long grain                              —            —         —           —          —              —
                    II . Wholly milled rice :
                         a) Round grain                              0           0          0          0          0              0
                         b) Long grain                               0           0          0          0          0              0
                C. Broken rice                                      —            —         —           —          —              —