CELEX: 31973R2708
Language: en
Date: 1973-10-05 00:00:00
Title: Regulation (EEC) No 2708/73 of the Commission of 4 October 1973 fixing the corrective amount applicable to the refund on rice and broken rice

5 . 10 . 73                          Official Journal of the European Communities                          No L 279 / 17
                             REGULATION (EEC) No 2708/73 OF THE COMMISSION
                                                    of 4 October 1973
               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 in 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 (') 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,
 and in particular the first subparagraph of Article 17         — in the case of currencies which are maintained in
 (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 5 October
                                                                 1973 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
 by Regulation ( EEC) No 1 397/68 (5 ), lays down                Whereas the measures provided for in this Regulation
 detailed rules for the advance fixing of the export             are in accordance with the Opinion of the Manage­
                                                                 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 I
 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 0-025 unit of account per 100 kilo­                   export refunds fixed in advance in respect of rice and
grammes ; whereas, on the other hand, the refund                 broken rice is hereby fixed as shown in the Table
 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 5 October
grammes ;                                                        1973 .   •
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels , 4 October 1973 .
                                                                            /•'or the Commission
                                                                                P. J. LARDINOIS
                                                                        Alan ha ' of the Commission
(') O ) No 174, 3 1 . 7 . 1967, p. I.
(:) OJ No I. ?3, 27. 3. 1972, p. 14.
(J) 0"[ No L 73, 27. 3. 1972, p. 5. '
(4) O") No 204, 24. X. 1967, p. 20 .                            (") OJ No 174, 31 . 7 . 1967 , p . 32 .
(5) O J No L 111, 10. 9. 1968, p. 6.                              r) OJ No L 262, 3 . 12. 1970 , p. I.
 ---pagebreak--- No L 279 / 18                                 Official Journal of the European Communities                     5 . 10 . 73
                                                                     ANNEX
                   to the Commission Regulation of 4 October 1973 altering the corrective amount applicable
                                                      to the refund on rice and broken rice
                                                                                                               (u.a. /100 kg )
                                                                             1st          2nd    3rd     4th      5 th
        CCT                                                 Current
      heading             Description of goods                             period        period period  period  period
         No                                                    10            11             12     1       2        3
10 . 06       Rice :
              A. Paddy rice ; husked rice :
                                                                                    i
                  I. Paddy rice :
                      a ) Round grained
                      b) Long grained
                 H. Husked rice :
                      a) Round grained
                      b) Long grained
              R. Semi-milled or wholly milled
                 rice :
                  I. Semi-milled rice :
                      a) Round grained
                      b) Long grained
                 IF . Wholly milled rice :
                      a) Round grained
                      b) Long grained
              C. Broken rice