CELEX: 31975R0484
Language: en
Date: 1975-02-28 00:00:00
Title: Regulation (EEC) No 484/75 of the Commission of 27 February 1975 fixing the corrective amount applicable to the refund on rice and broken rice

28 . 2 . 75                              Official Journal of the European Communities                           No L 53 / 11
                               REGULATION ( EEC) No 484/75 OF THE COMMISSION
                                                      of 27 February 1975
               fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN                                     whereas the cif forward delivery price is that deter­
COMMUNITIES,                                                       mined in accordance with Article 3 (2) of Regulation
                                                                   No 365/67/ EEC (5), as last amended by Regulation
Having regard to the Treaty establishing the European              ( EEC) No 2435/70 (6), based, in respect of each month
Economic Community ;                                               for which the export licence is valid, on the cif price
Having regard to Council Regulation No 359/                        calculated on the basis of offers for shipment during
67/ EEC (') of 25 July 1967 on the common organiza­                the month of exportation ;
tion of the market in rice, as last amended by Regula­             Whereas if the refund system is to operate normally,
tion ( EEC) No 1 1 29/74 (2), and in particular the first          refunds should be calculated on the following basis :
subparagraph of Article 1 7 (4) thereof ;
                                                                   — in the case of currencies which are maintained in
Having regard to the Opinion of the Monetary                             relation to each other, at any given moment,
Committee ;                                                              within a band of 2-25 % , a rate of exchange based
Whereas the first subparagraph of Article 17 (4) of                      on their effective parity ;
Regulation No 359/67/ EEC provides that the export                 — for other currencies an exchange rate based on the
refund applicable to rice and broken rice on the day                     arithmetic mean of the spot market rates of each
on which application for an export licence is made,                      of these currencies recorded for a given period, in
adjusted for the threshold price which will be in force                  relation to the Community currencies referred to
during the month of exportation , must be applied on                     in the previous subparagraph ;
request to exports to be effected during the period of
validity of the licence ;                                          Whereas it follows from applying all these provisions
                                                                   that the corrective amount applicable on 1 March
Whereas Regulation No 474/ 67/ EEC (3), as amended                  1975 must be fixed as shown in the table annexed to
by Regulation ( EEC) No 1397/ 68 (4), lays down                    this Regulation ;
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 the Opinion of the Manage­
Whereas that Regulation provides that the refund                    ment Committee for Cereals,
applicable on the day on which application for an
export licence is made must, when it is fixed in                    HAS ADOPTED THIS REGULATION :
advance, be reduced by an amount no greater than the
difference between the cif forward delivery price and                                         Article 1
the cif price, where the former exceeds the latter by
more than 0-025 unit of account per 100 kilo­                      The corrective amount referred to in Article 17 (4) of
grammes ; whereas, on the other hand, the refund                    Regulation No 359 / 67/ EEC which is applicable to the
must 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               broken rice is hereby fixed as shown in the table
delivery price, where the former exceeds the latter by             annexed to this Regulation .
more than 0-025 unit of account per 100 kilo­
grammes ;                                                                                     Article 2
Whereas the cif price is that determined in accor­                 This Regulation shall enter into force on 1 March
dance with Article 16 of Regulation No 359 /67/ EEC ;               1975 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 27 February 1975 .
                                                                                For the Commission
                                                                                  P. J. LARDINOIS
                                                                           /Member of the Commission
(')  OJ  No 174, 31 . 7.  1967, p.  1.
(2 ) OJ  No L 128 , 10 . 5 . 1974, p. 20 .
(3)  OJ  No 204, 24. 8 .  1967, p. 20 .                            (5) OJ No 174, 31 . 7 . 1967, p . 32 .
(4)  OJ  No L 222, 10.   9 . 1968, p. 6.                           ( 6) OJ No L 262, 3 . 12 . 1970 , p. 1 .
 ---pagebreak--- No L 53/ 12                        Official Journal of the European Communities                                    28 . 2. 75
                                                        ANNEX
            to the Commission Regulation of 27 February 1975 fixing the corrective amount appli­
                                      cable to the refund on rice and broken rice
                                                                                                                   (u.a./ 100 kg)
      CCT                                                     Current 1 st period 2nd period 3rd period 4th period  5th period
    heading                   Description of goods
       No                                                       3          4          5          6          7             8
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                            —          —         —          —          —            —
               B. Semi-milled or wholly milled rice :                                                   ||
                   I. Semi-milled rice :                                                                ||
                       a) Round grain                           —          —         —          —          —            —
                       b) Long grain                            —          —         —          —          —            —
                  II . Wholly milled rice :                                                             ||
                       a) Round grain                           —          —         —          —          —            —
                       b) Long grain                            0          0          0          0          0            0
               C. Broken rice :                                 —          —         —          —          —            —