CELEX: 31973R1880
Language: en
Date: 1973-07-13 00:00:00
Title: Regulation (EEC) No 1880/73 of the Commission of 12 July 1973 fixing the corrective amount applicable to the refund on rice and broken rice

13 . 7 . 73                               Official Journal of the European Communities                          No L 192/23
                             REGULATION (EEC) No 1880/73 OF THE COMMISSION
                                                          of 12 July 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 13 July 1973
                                                                     must be fixed as shown in the Table annexed to this
validity of the licence ;
                                                                     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 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 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 13 July
grammes ;                                                             1973 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels, 12 July 1973 .
                                                                                 For the Commission
                                                                                   P.J. LARDINOIS
                                                                            Member of the Commission
 (')  OJ No 174, 31 . 7 . 1967, p. 1 .
 (2 ) OJ No L 73 , 27 . 3 . 1972, p . 14 .
 (3 ) OJ No L 73 , 27 . 3 . 1972, p . 5 . •
 (4)  OJ No 204, 24 . 8 . 1967, p . 20 .                             ( o) OJ No 174, 31 . 7. 1967, p . 32.
 (5)  OJ No L 222, 10 . 9 . 1968 , p . 6.                             (7) OJ No L 262, 3 . 12. 1970, p . 1 .
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No L 192/24                                Official Journal of the European Communities                    13 . 7. 73
                                                                 ANNEX
                 to the Commission Regulation of 12 July 1973 fixing the corrective amount applicable
                                                   to the refund on rice and broken rice
                                                                          1st          2nd    3rd    4th     5th
    CCT                                                  Current
   ktidiil             Description of goods                             period        period period period  period
     No                                                     7              S             9     10     11      12
too*        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                                 —                           —
                                                                                              —      —       —