CELEX: 31974R2511
Language: en
Date: 1974-10-04 00:00:00
Title: Regulation (EEC) No 2511/74 of the Commission of 3 October 1974 fixing the corrective amount applicable to the refund on rice and broken rice

4. 10 . 74                              Official Journal of the European Communities                          No L 269/9
                             REGULATION ( EEC) No 2511 /74 OF THE COMMISSION
                                                      of 3 October 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 11 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
                                                                  Whereas it follows from applying all these provisions
validity of the licence ;
                                                                   that the corrective amount applicable on 4 October
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               Whereas the measures provided for in this Regulation
refund on rice and broken rice ;
                                                                   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 0025 unit of account per 100 kilo­                      The corrective amount referred to in Article 17 (4) of
grammes ; whereas, on the 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 4 October
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, 3 October 1974 .
                                                                               For the Commission
                                                                                 P.J. LARDINOIS
                                                                          /Member of the Commission
(') OJ  No 174, 31 . 7.  1967, p.  1.
(J) OJ  No L 128 , 10 . 5. 1974,  p. 20 .
(J) OJ  No 204, 24. 8 .  1967, p. 20 .                            (*) OJ No 174, 31 . 7. 1967, p. 32 .
(4) OJ  No L 222, 10.   9 . 1968, p. 6.                           (<•) OJ No L 262, 3 . 12. 1970, p. 1 .
 ---pagebreak--- No L 269 , 10                                    Official Journal of the European Communities                    4 . 10 . 74
                                                                      ANNEX
                      to the Commission Regulation of 3 October 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
    heeding                 Description of goods                            period        period   period period   period
       No                                                       10            11             12       1      2            3
io n*         Rice :
              Λ . Paddy rice ; husked rice :
                    I. I'addy rice :
                        a ) Round grained                      —              —             —       —      —           —
                        l·) Long grained                       —              —             —       —      —           —
                   II . Husked rice :
                        n ) Round grained                      ~              —             —
                                                                                                    —      —           —
                        b) Long grained                        —              —            —
                                                                                                    —      —           —
              li . Semi-milled or wholly milled
                   rice :
                    1 . Semi-milled rice :
                        a ) Round grained                      —
                                                                              —            —                           —
                        b) Long grained                                       —            —
                                                                                                    —      —
                                                                                                                      —
                   II . Wholly milled rice :
                        a ) Round grained                      —
                                                                             —             —
                                                                                                    —                 —
                        b ) Long grained                       —
                                                                             —             —
                                                                                                    —                 —
              C. Broken rice                                   —
                                                                             —                      —
                                                                                                                      —
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