CELEX: 31974R3075
Language: en
Date: 1974-12-06 00:00:00
Title: Regulation (EEC) No 3075/74 of the Commission of 5 December 1974 fixing the corrective amount applicable to the refund on rice and broken rice

6 . 12. 74                                 Official Journal of the European Communities                          No L 326/ 17
                                 REGULATION (EEC) No 3075/74 OF THE COMMISSION
                                                          of 5 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 1 1 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 6 December
 Whereas Regulation No 474/67/EEC (3), as amended                       1974 must be fixed as shown in the Table annexed to
 by Regulation (EEC) No 1 397/ 68 (4), lays down                        this Regulation ;
 detailed rules for the advance fixing of the export
 refund on rice and broken rice ;
                                                                        Whereas the measures provided for in this Regulation
                                                                        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 th£ 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 6 December
dance with Article 16 of Regulation No 359/67/ EEC ;                    1974 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels , 5 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 .   1967, p.  20 .                             (5 ) OJ No 174, 31 . 7. 1967, p . 32 .
C)   OJ  No  L 222, 10 .   9 . 1968 , p. 6 .                           (6) OJ No L 262, 3 . 12 . 1970 , p. 1 .
 ---pagebreak--- No L 326/ 18                                  Official Journal of the European Communities                    6. 12. 7-1
                                                                   ANNEX
                  to the Commission Regulation of 5 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 :
                  I. 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 :