CELEX: 31988R3705
Language: en
Date: 1988-11-29 00:00:00
Title: Commission Regulation (EEC) No 3705/88 of 28 November 1988 fixing the corrective amount applicable to the refund on rice and broken rice

29 . 11 . 88                           Official Journal of the European Communities                             No L 325/23
                                     COMMISSION REGULATION (EEC) No 3705/88
                                                    of 28 November 1988
                    fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      dance with Article 3 (2) "of Council Regulation (EEC) No
                                                                 1428/76 (*), based in respect of each month for which the
                                                                 export licence is valid, on the cif price calculated on the
Having regard to the Treaty establishing the European            basis of offers for shipment during the month of exporta­
Economic Community,                                              tion ;
                                                                 whereas, if the refund system is to operate normally,
Having regard to the Act of Accession of Spain and               refunds should be calculated on the following basis :
Portugal,
                                                                 — in the case of currencies which are maintained in rela­
                                                                     tion to each other at any given moment within a band
 Having regard to Council Regulation (EEC) No 1418/76                of 2,25 %, a rate of exchange based on their central
of 21 June 1976 on the common organization of the                    rate, multiplied by the corrective factor provided for in
market in rice ('), as last amended by Regulation (EEC)              the last paragraph of Article 3 (1 ) of Council Regula­
No 2229/88 (2), and in particular the second subparagraph            tion (EEC) No 1676/85 (6), as last amended by Regula­
of Article 17 (4) thereof,                                           tion (EEC) No 1636/87 0,
                                                                 — for other currencies, an exchange rate based on the
Having regard to the opinion of the Monetary Committee,              arithmetic mean of the spot market rates of each of
                                                                     these currencies recorded for a given period in rela­
                                                                     tion to the Community currencies referred to in the
                                                                     previous indent, and the aforesaid coefficient ;
 whereas the first subparagraph of Article 17 (4) of Regu­
lation (EEC) No 1418/76 provides that the export refund
applicable to rice and broken rice on the day on which           Whereas it follows from applying the provisions set out
application for an export licence is made, adjusted for the      above that the corrective amount must be as set out in the
threshold price which will be in force during the month          Annex hereto :
of exportation, must be applied on request to exports to
be effected during the period of validity of the licence ;
                                                                 Whereas the measures provided for in this Regulation are
                                                                 in accordance with the opinion of the Management
                                                                 Committee for Cereals,
Whereas Commission Regulation No 474/67/EEC (3), as
amended by Regulation (EEC) No 1397/68 (4), lays down
detailed rules for the advance fixing of the export refund
on rice and broken rice :
                                                                 HAS ADOPTED THIS REGULATION :
Whereas that Regulation provides that the refund appli­
cable 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                                        Article 1
between the cif forward delivery price and the cif price,
where the former exceeds the latter by more than 0,30
ECU per tonne ; whereas on the other hand, the refund            The corrective amount referred to in Article 17 (4) of
                                                                 Regulation (EEC) No 1418/76 which is applicable to the
moist 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 deli­       broken rice shall be as set out in the Annex hereto.
very price, where the former exceeds the latter by more
than 0,30 ECU per tonne ;
                                                                                           Article 2
Whereas the cif price is that determined in accordance
with Article 16 of Regulation (EEC) No 1418/76 ; whereas
the cif forward delivery price is that determined in accor­      This Regulation shall enter into force on 1 December
                                                                 1988 .
(') OJ No L 166, 25. 6. 1976, p. 1 .
0 OJ No L 197, 26. 7. 1988, p. 30.                               0 OJ No L 166, 25. 6. 1976, p. 30.
(3) OJ No 204, 24. 8. 1967, p. 20.                               0 OJ No L 164, 24. 6. 1985, p. 1 .
(4) OJ No L 222, 10 . 9 . 1968 , o. 6.                           o OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- No L 325/24                            Official Journal of the European Communities                                            29 . 11 . 88
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 28 November 1988 .
                                                                                    For the Commission
                                                                                     Frans ANDRIESSEN
                                                                                          Vice-President
                                                                  ANNEX
            to the Commission Regulation of 28 November 1988 fixing the corrective amount appli­
                                           cable to the refund on rice and broken rice
                                                                                                                 (ECU/tonne)
                       Product code
                                                      Current           1st period         2nd period        3rd period
                                                         12                  1                  2                  3
                     1006 20 10 000                     —                   —                  —                  —
                     1006 20 90 000 (')                  0                  0                   0                  0
                      1006 30 11 000                    —                   —                  —                  —
                      1006 30 19 000                     0                  0                   0                  0
                      1006 30 91 000                    —                   —                  —                  —
                      1006 30 99 100 (')                  0                  0                  0                  0
                      1006 30 99 900 (')                  0                  0                  0                  0
                      1006 40 00 000                    —                   —                  —                  —
             (') The amount is applicable to medium-grain and long-grain rice, of type A (with a length/width ratio of greater
                 than 2 and less than 3), as defined in paragraph 2 of Annex A of Regulation (EEC) No 1418/76, as amended by
                 Regulation (EEC) No 3877/87 (OJ No L 365, 24. 12. 1987, p. 1 ).
             N.B. : The product codes and the footnotes are defined in Commission Regulation (EEC) No 3846/87
                     as amended (OJ No L 366, 24. 12. 1987, p. 1 ).