CELEX: 31987R0888
Language: en
Date: 1987-03-28 00:00:00
Title: Commission Regulation (EEC) No 888/87 of 27 March 1987 fixing the corrective amount applicable to the refund on rice and broken rice

28 . 3 . 87                           Official Journal of the European Communities                              No L 85/ 19
                                    COMMISSION REGULATION (EEC) No 888/87
                                                     of 27 March 1987
                   fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                     the cif forward delivery price is that determined in accor­
                                                                dance with Article 3 (2) of Council Regulation (EEC) No
                                                                1428/76 0, based in respect of each month for which the
Having regard to the Treaty establishing the European           export licence is valid, on the cif price calculated on the
Economic Community,                                             basis of offers for shipment during the month of exporta­
                                                                tion ;
Having regard to the Act of Accession of Spain and              Whereas, if the refund system is to operate normally,
Portugal,                                                       refunds should be calculated on the following basis :
                                                                — in the case of currencies which are maintained in rela­
Having regard to Council Regulation (EEC) No 141 8/76               tion to each other at any given moment within a band
of 21 June 1976 on the common organization of the                   of 2,25 % , a rate of exchange based on their central
market in rice ('), as last amended by Regulation (EEC)             rate, multiplied by the Corrective factor provided for in
No 1449/86 (2), and in particular the second subparagraph           the last paragraph of Article 3 (1 ) of Council Regula­
of Article 17 (4) thereof,                                          tion (EEC) No 1676/85 (*),
                                                                — for other currencies, an exchange rate based on the
                                                                    arithmetic mean of the spot market rates of each of
Having regard to the opinion of the Monetary Committee,             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
                                                                above that the corrective amount must be as set out in the
application for an export licence is made, adjusted for 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 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
must be increased by an amount no greater than the               Regulation (EEC) No 1418/76 which is applicable to the
difference between the cif price and the cif forward deli­       export refunds fixed in advance in respect of rice and
very price, where the former exceeds the latter by more          broken rice shall be as set out in the Annex hereto .
than 0,30 ECU per tonne ;
Whereas the cif price is that determined in accordance                                    Article 2
with Article 16 of Regulation (EEC) No 1418/76 ; whereas
                                                                 This Regulation shall enter into force on 1 April 1987.
(') OJ No L 166, 25. 6. 1976, p. 1 .
 2) OJ No L 133, 21 . 5. 1986, p. 1 .
(3) OJ No 204, 24. 8 . 1967, p. 20.                              O OJ No L 166, 25. 6. 1976, p. 30.
M OJ No L 222, 10. 9. 1968, p. 6.                                 M OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 85/20                        Official Journal of the European Communities                                   28 . 3 . 87
            This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 27 March 1987.
                                                                         For the Commission
                                                                          Frans ANDRIESSEN
                                                                             Vice-President
                                                           ANNEX
             to the Commission Regulation of 27 March 1987 fixing the corrective amount applicable to
                                           the refund on rice and broken rice
                                                                                                     (ECU/tonne)
                  CCT                                                Current   1st period 2nd period 3rd period
                 heading                    Description
                   No                                                  4           5          6          7
             ex 10.06       Rice :
                            B. I. Paddy rice, husked rice :
                                     a) Paddy rice :
                                         1 . Round grain
           \                             2. Long grain                 —           —         —           —
                                     b) Husked rice :                                     \
                                         1 . Round grain               —           —         —           —
                                         2. Long grain                 0           0          0          0
                                 II. Semi-milled        or  wholly \         llI
                                     milled rice :
                                                                   \                      \
                                     a) Semi-milled rice :         \         \            l
                                         1 . Round grain               —           —         —           —
                                         2. Long grain                 —           —         —           —
                                     b) Wholly milled rice :       ||\                    ll
                                         1 . Round grain               —           —         —           —
                                         2. Long grain                 0           0          0          0
                                III. Broken rice                       —           —          —          —