CELEX: 31974R1627
Language: en
Date: 1974-06-28 00:00:00
Title: Regulation (EEC) No 1627/74 of the Commission of 27 June 1974 fixing the corrective amount applicable to the refund on rice and broken rice

28 . 6. 74                           Official Journal of , the European Communities                         No L 173/23
                            REGULATION (EEC) No 1627/74 OF THE COMMISSION
                                                      of 27 June 1974
               fixing the corrective amount applicable to the refund on rice and broken rice
 THE COMMISSION OF THE EUROPEAN                                    Whereas the cif price is that determined in accor­
 COMMUNITIES,                                                      dance with Article 16 of Regulation No 359/67/EEC ;
                                                                   whereas the cif forward delivery price is that deter­
 Having regard to the Treaty establishing the European             mined ip accordance with Article 3 (2) of Regulation
 Economic Community ;                                              No 365/67/EEC (6), as last amended by Regulation
 Having regard , to Council Regulation No 359/                     (EEC) No 2435/70 (7), based, in respect of each month
 67/EEC (1) of 25 July 1967 on the common organiza­                for which the export licence is valid, on the cif price
 tion of the market in rice, as last amended by the                calculated on the basis of offers for shipment during
 Act (2) annexed to the Treaty (3) on the Accession of             the month of exportation ;
 new Member States to the European Economic                       Whereas if the refund system is to operate normally,
 Community and the European Atomic Energy                          refunds should be calculated on the following basis :
 Community, signed at Brussels on 22 January 1972,
                                                                   — in the case of currencies which are maintained in
 and in particular the first 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
 Whereas the first subparagraph of Article 17 (4) of                   arithmetic mean of the spot market rates of each
 Regulation No 359/67/EEC provides that the export                     of these currencies recorded for a given period, in
 refund applicable to rice and broken rice on the day                  relation to the Community currencies referred to
 on which application for an export licence is made,                   in the previous subparagraph ;
 adjusted for the threshold price which will be in force
 during the month of exportation, must be applied on               Whereas it follows from applying all these provisions
 request to exports to be effected during the period of            that the corrective amount applicable on 28 June
                                                                   1974 must be fixed as shown in the Table annexed to
 validity of the licence ;
                                                                   this Regulation ;
 Whereas Regulation No 474/67/EEC (4), as amended                  Whereas the measures provided for in this Regulation
 by Regulation (EEC) No 1397/68 (5), lays down                     are in accordance with the Opinion of the Manage­
 detailed rules for the advance fixing of the export               ment Committee for Cereals,
 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                                           Article 1
 advance, be reduced by an amount no greater than the
 difference between the cif forward delivery price and             The corrective amount referred to in Article 17 (4) of
 the cif price, where the former exceeds the latter by             Regulation No 359/67/EEC which is applicable to the
 more than 0025 unit of account per 100 kilo­                      export refunds fixed in advance in respect of rice and
                                                                   broken rice is hereby fixed as shown in the Table
 grammes ; whereas, on the other hand, the refund
•must be increased by an amount no greater than the                annexed to this Regulation .
 difference between the cif price and the cif forward                                       Article 2
 delivery price, where the former exceeds the latter by
 more than 0-025 unit of account per 100 kilo­                     This Regulation shall enter into force on 28 June
 grammes ;                                                          1974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 27 June 1974.
                                                                              For the Commission
                                                                                P.J. LARDINOIS
                                                                         Member of the Commission
 (l) OJ  No 174, 31 . 7. 1967, p. 1 .
 (*) OJ  No L 73, 27. 3. 1972, p. 14.
 (*) OJ  No L 73, 27. 3. 1972, p. 5.
 («) OJ  No 204, 24. 8. 1967, p. 20.                               (') OJ No 174, 31 . 7. 1967, p. 32.
 (») OJ  No L 222, 10. 9. 1968, p. 6.                              O OJ No L 262, 3 . 12. 1970, p. 1 .
 ---pagebreak--- No L 173/24                                 Official Journal of the European Communities                               28. 6. 74
                                                                   ANNEX
                         to the Commission Regulation of 27 June 1974 fixing the corrective amount applicable
                                                    to the refund on rice and broken rice
                                                                                                                                ku )
                                                                            1st           2nd     3rd            4th      5th
     CCT                                                  Current
    heeding              Description of goods                             period         period  period         period   period
      No                                                      6              7             8       9              10       11
10.0*       Rice :
            A. Paddy rice ; husked rice :                                                                     N
                I. Paddy rice :
                     a ) Round grained                       —              —              —       —                       -
                     h) Long grained                         —              —              —       —              —        —
                H. Husked rice :
                     a ) Round grained                       —              —              —       —              —        —
                     h) Long grained                         —               —             —       —
                                                                                                              .
                                                                                                                           —
            B. Semi-milled or wholly milled
                rice :
                 I. Semi-milled rice :
                     a) Round grained                        —
                                                                                                   __
                                                                                                                           —
                     b) Long grained                         —                             —       —
                                                                                                                           -
                11 . Wholly milled rice :
                     a) Round grained                         —
                                                                             —             —       —              __
                                                                                                                           —
                      b) Long grained                         —              —              —      —              —
                                                                                                                           —
            C. Broken rice                                    -              —
                                                                                        .   —      —              —        —