CELEX: 31977R1457
Language: en
Date: 1977-07-01 00:00:00
Title: Commission Regulation (EEC) No 1457/77 of 30 June 1977 fixing the corrective amount applicable to the refund on rice and broken rice

No L 161 /62                           Official Journal of the European Communities                               1 . 7. 77
                                    COMMISSION REGULATION (EEC) No 1457/77
                                                         of 30 June 1977
               fixing the corrective amount applicable to the refund on rice and broken rice
 THE COMMISSION OF THE EUROPEAN                                      1418/76 ; whereas the cif forward delivery price is that
  COMMUNITIES,                                                      determined in accordance with Article 3 (2) of Regula­
                                                                    tion 1428/76 (4), 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 ;
                                                                    Whereas, if the refund system is to operate normally,
 Having regard to Council Regulation (EEC) No                       refunds should be calculated on the following basis :
  1418/76 of 21 June 1976 on the common organiza­
 tion of the market in rice ('), 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
 Whereas the first subparagraph of Article 17 (4) of                    relation to the Community currencies referred to
 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 1 July 1977
 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
 Whereas Regulation No 474/67/EEC (2), as amended                   are in accordance with the opinion of the Manage­
 by Regulation (EEC) No 1397/68 (3), lays down                      ment Committee for Cereals,
 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 tonne ; whereas,               The corrective amount referred to in Article 17 (4) of
 on the other hand, the refund must be increased by                 Regulation (EEC) No 1418/76 which is applicable to
 an amount no greater than the difference between the               the export refunds fixed in advance in respect of rice
 cif price and the cif forward delivery price, where the           and broken rice is hereby fixed as shown in the table
 former exceeds the latter by more than 0-25 unit of               annexed to this Regulation .
 account per tonne ;
Whereas the cif price is that determined in accor­                                           Article 2
dance with Article 16 of Regulation (EEC) No
(•) OJ No L 166, 25 . 6 . 1976, p. 1 .                             This Regulation shall enter into force on 1 July 1977.
(2) OJ No 204, 24 . 8 . 1967, p. 20 .
(3 ) OJ No L 222, 10 . 9 . 1968 , p. 6 .                           (<) OJ No L 166, 25 . 6 . 1976, p. 30 .
 ---pagebreak--- 1 . 7. 77                              Official Journal of the European Communities                                  No L 161 /63
            This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 30 June 1977.
                                                                              For the Commission
                                                                                Finn GUNDELACH
                                                                                    Vice-President
                                                              ANNEX
            to the Commission Regulation of 30 June 1977 fixing the corrective amount applicable to
                                                 the refund on rice and broken rice
                                                                                                                         (u.a. / tonne)
      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                             0         0           0          0          0           0
                           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                                        0         0           0          0          0           0