CELEX: 31974R2581
Language: en
Date: 1974-10-11 00:00:00
Title: Regulation (EEC) No 2581/74 of the Commission of 10 October 1974 fixing the corrective amount applicable to the refund on rice and broken rice

No L 276/ 18                              Official Journal of the European Communities                              11 . 10 . 74
                              REGULATION (EEC) No 2581 /74 OF THE COMMISSION
                                                        of 10 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 17 (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 1 1 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 1397/68 (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 0-025 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 1 1 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, 10 October 1974 .
                                                                                   For the Com mission
                                                                                     P.J. LARDINOIS,
                                                                               Member of the Commission
  (') OJ No  174, 31 . 7.  1967, p.   I.
  (2) OJ No L 128 , 10 .  5 . 1974,  p. 20 .
  (3) OJ No 204, 24. 8 .   1-967, p. 20 .                              (5 ) OJ No 174, 31 . 7 . 1967, p. 32 .
  («) OJ No L 222, 10 .   9 . 1968 , p. 6.                             (") OJ No L 262, 3 . 12. 1970 , p. 1 .
 ---pagebreak--- 11 . 10. 74                                   Official Journal of the European Communities                    No L 276/ 19
                                                                   ANNEX
                  to the Commission Regulation of 10 October 1974 fixing the corrective amount applicable
                                                     to the refund on rice and broken rice
                                                                                                                (K.O. / i00 Kg/
                                                                             1st          2nd    3rd    4th         5th
      CCT                                                  Current
     heeding             Description of goods                              period        period period period     period
       No                                                     10             11            12 *    1      2           3
10.0*        Rice :
             Λ . 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                                   —               —            —      —      —           —