CELEX: 31988R0803
Language: en
Date: 1988-03-26 00:00:00
Title: Commission Regulation (EEC) No 803/88 of 25 March 1988 fixing the corrective amount applicable to the refund on rice and broken rice

26. 3. 88                                Official Journal of the European Communities                               No L 81 /53
                                        COMMISSION REGULATION (EEC) No 803/88
                                                        of 25 March 1988
                     fixing the corrective amount applicable to the refund on rice and broken rice
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        basis of offers for shipment during the month of exporta­
                                                                    tion ;
 Having regard to the Treaty establishing the European
 Economic Community,                                                Whereas, following the introduction of the combined
                                                                    nomenclature by Council Regulaetion (EEC) No
                                                                    2658/87 (*), the nomenclature applicable from 1 January
 Having regard to the Act of Accession of Spain and                  1988 to export refunds on agricultural products was esta­
 Portugal,                                                          blished by Regulation (EEC) No 3846/87 Q ;
 Having regard to Council Regulation (EEC) No 1418/76               Whereas, if the refund system is to operate normally,
 of 21 June 1976 on the common organization of the                  refunds should be calculated on the following basis :
 market in rice ('), as last amended by Regulation (EEC)            — in the case of currencies which are maintained in rela­
 No 3990/87 (2), and in particular the second subparagraph
 of Article 17 (4) thereof,                                              tion to each other at any given moment within a band
                                                                         of 2,25 %, a rate of exchange based on their central
                                                                         rate, multiplied by the corrective factor provided for in
 Having regard to the opinion of the Monetary Committee,                 the last paragraph of Article 3 (1 ) of Council Regula­
                                                                         tion (EEC) No 1676/85 (8), as last amended by Regula­
                                                                         tion (EEC) No 1636/87 (»),
 Whereas the first subparagraph of Article 17 (4) of Regu­
 lation (EEC) No 1418/76 provides that the export refund            — for other currencies, an exchange rate based on the
 applicable to rice and broken rice on the day on which                  arithmetic mean of the spot market rates of each of
 application for an export licence is made, adjusted for the             these currencies recorded for a given period in rela­
 threshold price which will be in force during the month                 tion to the Community currencies referred to in the
 of exportation, must be applied on request to exports to                previous indent, and the aforesaid coefficient ;
 be effected during the period of validity of the licence ;
                                                                    Whereas it follows from applying the provisions set out
                                                                    above that the corrective amount must be as set out in the
 Whereas Regulation No 474/67/EEC (3), as amended by                Annex hereto ;
 Regulation (EEC) No 1397/68 (4), lays down detailed rules
 for the advance fixing of the export refund on rice and
 broken rice ;                                                      Whereas the measures provided for in this Regulation are
                                                                    in accordance with die opinion of the Management
                                                                     Committee for Cereals,
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
                                                                    HAS ADOPTED THIS REGULATION :
 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
 must be increased by an amount no greater than the                                             Article 1
 difference between the cif price and the cif forward deli­
very price, where the former exceeds the latter by more
 than 0,30 ECU per tonne ;                                          The corrective amount referred to in Article 17 (4) of
                                                                    Regulation (EEC) No 1418/76 which is applicable to the
                                                                    export refunds fixed in advance in respect of rice and
Whereas the cif price is that determined in accordance              broken rice shall be as set out in the Annex hereto.
with Article 16 of Regulation (EEC) No 1418/76 ; whereas
the cif forward delivery price is that determined in accor­
dance ^ith Article 3 (2) of Council Regulation (EEC) No                                        Article 2
 1428/76 0, based in respect of each month for which the
export licence is valid, on the cif price calculated on the
                                                                    This Regulation shall enter into force on 1 April 1988 .
(') OJ  No  L 166, 25.  6. 1976, p. 1 .
0   OJ  No  L 377, 31 . 12. 1987, p. 15.                            (•) OJ  No  L  256, 7. 9. 1987, p. 1 .
 3  OJ  No  204, 24. 8. 1967, p. 20/67.                            f)   OJ  No  L  366, 24. 12. 1987, p. 1 .
(4) OJ  No  L 222, 10.  9. 1968, p. 6.                              (•) OJ  No  L  164, 24. 6. 1985, p. 1 .
0   OJ  No  L 166, 25.  6. 1976, p. 30.                             O   OJ  No  L  153, 13. 6. 1987, p. 1 .
 ---pagebreak--- No L 81 /54                          Official Journal of the European Communities                           26. 3 . 88
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 25 March 1988.
                                                                         For the Commission
                                                                          Frans ANDRIESSEN
                                                                             Vice-President
                                                         ANNEX
            to die Commission Regulation of 25 March 1988 fixing the corrective amount applicable to
                                            the refund on rice and broken rice
                                                                                                (ECU/tonne)
                      Product code
                                                 Current      1st period      2nd period    3rd period
                                                   4              J               6               7
                     1006 20 10 000                —              —              —               —
                     1006 20 90 000                0              0               0               0
                     1006 30 1 1 000               —              —              —               —  •
                     1006 30 19 000                —              —              —               —
                     1006 30 91 000                —              —              —            ■  _
                     1006 30 99 100            1   0              0               0               0
                     1006 30 99 900                0              0               0               0
                     1006 40 00 000                —              —              —               __