CELEX: 31976R1481
Language: en
Date: 1976-06-25 00:00:00
Title: Commission Regulation (EEC) No 1481/76 of 24 June 1976 fixing the corrective amount applicable to the refund on rice and broken rice

25 . 6 . 76                               Official Journal of the European Communities                             No L 165/ 37
                                      COMMISSION REGULATION ( EEC) No 1481 / 76
                                                          of 24 June 1976
              fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN                                       mined in accordance with Ariicle 3 (2) of Regulation
COMMUNITIES,                                                         No 365/ 67/ EEC (5 ), as last amended by Regulation
                                                                    ( EEC) No 2435/70 (6), based, in respect of each month
                                                                     for which the export licence is valid , on the cif price
Having regard to the Treaty establishing the European                calculated on the basis of offers for shipment during
Economic Community,                                                  the month of exportation ;
Having regard to Council Regulation No 359/                          Whereas if the refund system is to operate normally,
67/ EEC of 25 July 1967 on the common organiza­                      refunds should be calculated on the following basis :
tion of the market in rice ('), as last amended by Regu­
lation (EEC) No 668 /75 (2 ), and in particular the first           — in the case of currencies which are maintained in
subparagraph of Article 1 7 (4) thereof,                                     relation to each other, at any given moment,
                                                                             within a band of 2-25 % , a rate of exchange based
                                                                             on their effective parity ;
Having regard to the opinion of the Monetary
Committee ,                                                          — for other currencies an exchange rate based on the
                                                                             arithmetic mean of the spot market rates of each
                                                                             of these currencies recorded for a given period , in
Whereas the first subparagraph of Article 17 (4) of                          relation to the Community currencies referred to
Regulation No 359 /67/ EEC provides that the export                        . in the previous subparagraph ;
refund applicable to rice and broken rice on the day
on which application for an export licence is made,
adjusted for the threshold price which will be in force              Whereas it follows from applying all these provisions
during the month of exportation , must be applied on                 that the corrective amount applicable on 25 June
                                                                      1976 must be fixed as shown in the table annexed to
request to exports to be effected during the period of
validity of the licence ;                                            this Regulation ;
                                                                     Whereas the measures provided for in this Regulation
Whereas Regulation No 474/ 67/ EEC (3 ), as amended                  are in accordance with the opinion of the Manage­
by Regulation ( EEC) No 1397/ 68 (4), lays down                      ment Committee for Cereals ,
detailed rules for the advance fixing of the export
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
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 0-25 unit of account per metric ton ;                      The corrective amount referred to in Article 17 (4) of
whereas, on the other hand , the refund must be
                                                                      Regulation No 359 / 67/ EEC which is applicable to the
increased by an amount no greater than the difference                export refunds fixed in advance in respect of rice and
between the cif price and the cif forward delivery                   broken rice is hereby fixed as shown in the table
price, where the former exceeds the latter by more                   annexed to this Regulation .
than 0-25 unit of account per metric ton ;
Whereas the cif price is that determined in accor­                                                Art iclc 2
dance with Article 16 of Regulation No 359/67/ EEC ;
whereas the cif forward delivery price is that deter­
                                                                     This Regulation shall enter into force on 25 June
                                                                      1976 .
(')  OJ  No 174 , 31 . 7 . 1967 , p . 1 .
(-') OJ  No L 72 , 20 . 3 . 1975 , p . 18
(3)  OJ  No 204, 24 . 8 . 1967 , p . 20 .                            (') O ) No 174 , 31 . 7 . 1967, p . 32 .
(4 ) OJ  No L 222, 10 . 9 . 1968 , p. 6.                             ( b ) OJ No L 262 , 3 . 12 . 1970 , p . 1 .
 ---pagebreak--- No L 165 / 38                         Official Journal of the European Communities                                            25 . 6 . 76
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 24 June 1976.
                                                                                For the Commission
                                                                                   P.J. LARDINOIS
                                                                            Member of the Commission
                                                              ANNEX
            to the Commission Regulation of 24 June 1976 fixing the corrective amount applicable to
                                                 the refund on rice and broken rice
                                                                                                                         (u.a .. / tut ( t il ton)
      CCT                                                           Current   1st period 2nd period 3rd period 4th period        Mil period
    heading                       Description of goods
       No                                                              6           7         X          9          10                  1 1
10.06           Rice :
                A. Paddy rice ; husked rice :
                      I. Paddy rice :
                          a) Round grain                              —           —         —          —          —                   —
                          b) Long grain                               —           —         —          —          —                   —
                     II . Husked rice :
                          a) Round grain                              —           —         —          —          —                   —
                          b) Long grain                               0           0          0          0          0                   0
                B. Semi-milled or wholly milled rice :
                      I. Semi-milled rice :
                          a ) Round grain                             —           —         —          —          —                   —
                          b) Long grain                               —           —         —          —          —                   —
                     II . Wholly milled rice :
                          a ) Round grain                             0           0          0          0          0                   0
                          b) Long grain                               0           0          0          0          0                   0
                C. Broken rice                                        —           —         —          —          —                   —