CELEX: 31976R1768
Language: en
Date: 1976-07-23 00:00:00
Title: Commission Regulation (EEC) No 1768/76 of 22 July 1976 fixing the corrective amount applicable to the refund on rice and broken rice

No L 197/42                         Official Journal of the European Communities                            23. 7. 76
                                COMMISSION REGULATION (EEC) No 1768/76
                                                    of 22 July 1976
             fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN                                 determined in accordance with Article 3 (2) of Regula­
COMMUNITIES,                                                   tion 1428/76 (4), based, in respect of each month for
                                                               which the export licence is valid, on the cif price
                                                               calculated on the basis of offers for shipment during
Having regard to the Treaty establishing the European          the month of exportation ;
Economic Community,
                                                               Whereas if the refund system is to operate normally,
                                                               refunds should be calculated on the following basis :
Having regard to Council Regulation (EEC) No
1418/76 of 21 June 1976 on the common organiza­
tion of the market in rice (1), and in particular the          — in the case of currencies which are maintained in
second subparagraph of Article 17 (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
                                                                   relation to the Community currencies referred to
Whereas the first subparagraph of Article 17 (4) of
Regulation (EEC) No 1418/76 provides that the                      in the previous subparagraph ;
export refund applicable to rice and broken rice ,on
the day on which application for an export licence is          Whereas it follows from applying all these provisions
made, adjusted for the threshold price which will be           that the corrective amount applicable on 23 July 1976
in force during the month of exportation, must be              must be fixed as shown in the table annexed to this
applied on request to exports to be effected during the        Regulation ;
period of validity of the licence ;
                                                               Whereas the measures provided for in this Regulation
                                                               are in accordance with the opinion of the Manage­
Whereas Regulation No 474/67/EEC (2), as amended               ment Committee for Cereals,
by Regulation (EEC) No 1397/68 (3), 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
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                                   Article 1
difference between the cif forward delivery price and
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 (EEC) No 1418/76 which is applicable to
increased by an amount no greater than the difference          the export refunds fixed in advance in respect of rice
between the cif price and the cif forward delivery             and 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                                     Article 2
dance with Article 16 of Regulation (EEC) No
 1418/76, whereas the cif forward delivery price is that
                                                               This Regulation shall enter into force on 23 July
                                                                1976.
 (!) OJ No L 166, 25. 6. 1976, p. 1 .
 (2) OJ No 204, 24. 8. 1967, p. 20.
 (3) OJ No L 222, 10. 9. 1968, p. 6.                           (4) OJ No L 166, 25. 6. 1976, p. 30.
 ---pagebreak--- 23. 7. 76                             Official Journal of the European Communities                                     No L 197/43
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 22 July 1976.
                                                                              For the Commission
                                                                                  P. J. LARDINOIS
                                                                           Member of the Commission
                                                             ANNEX
            to the Commission Regulation of 22 July 1976 fixing the corrective amount applicable to
                                                the refund on rice and broken rice
                                                                                                                         (u.a. / metric ton)
      CCT                                                          Current   1st period   2nd period 3rd period 4th period     5th period
    heading                      Description of goods
      No                                                             7            8           9          10         11             12
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                                       —           —            —          —          —              —