CELEX: 31979R1446
Language: en
Date: 1979-07-13 00:00:00
Title: Commission Regulation (EEC) No 1446/79 of 12 July 1979 fixing the corrective amount applicable to the refund on rice and broken rice

No L 176/ 16                           Official Journal of the European Communities                            13 . 7. 79
                                   COMMISSION REGULATION (EEC) No 1446/79
                                                        of 12 July 1979
               fixing the corrective amount applicable to the refund on rice and broken rice
 THE COMMISSION OF THE EUROPEAN                                    tion (EEC) No 1428/76 (5), based, in respect of each
 COMMUNITIES,                                                      month for which the export licence is valid, on the cif
                                                                   price calculated on the basis of offers for shipment
                                                                   during the month of exportation ;
 Having regard to the Treaty establishing the European
 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
                                                                  — in the case of currencies which are maintained in
 1418/76 of 21 June 1976 on the common organiza­
 tion of the market in rice (*), as last amended by Regu­              relation to each other at any given moment within
 lation (EEC) No 1260/78 (2), and in particular the                    a band of 2-25 % , a rate of exchange based on
 second subparagraph of Article 17 (4) thereof,                        their effective parity ;
                                                                  — for other currencies, an exchange rate based on the
 Having regard to the opinion of the Monetary                          arithmetic mean of the spot market rates of each
 Committee,                                                            of these currencies recorded for a given period in
                                                                       relation to the Community currencies referred to
                                                                       in the previous indent ;
Whereas the first subparagraph of Article 17 (4) of
 Regulation (EEC) No 1418/76 provides that the                    Whereas it follows from applying the provisions set
 export refund applicable to rice and broken rice on               out above that the corrective amount applicable on 13
 the day on which application for an export licence is            July 1979 must be as set out in the Annex hereto ;
 made, adjusted for the threshold price which will be
 in force during the month of exportation, must be                Whereas Council Regulation (EEC) No 652/79 of 29
 applied on request to exports to be effected during the          March 1979 (6) laid down the coefficient for
 period of validity of the licence ;                              expressing amounts, fixed in units of account, in
                                                                   ECU ;
Whereas Regulation No 474/67/EEC (3), as amended
 by Regulation (EEC) No 1397/68 (4), lays down                    Whereas the measures provided for in this Regulation
 detailed rules for the advance fixing of the export              are in accordance with the opinion of the Manage­
 refund on rice and broken rice ;                                 ment Committee for Cereals,
Whereas that Regulation provides that the refund
applicable on the day on which application for an
                                                                  HAS ADOPTED THIS REGULATION :
export licence is made must, when it is fixed in
advance, be reduced by an amount no greater than the
difference between the cif forward delivery price and
the cif price, where the former exceeds the latter by                                      Article 1
more than 0-25 unit of account per tonne ; whereas,
on the other hand, the refund must be increased by                The corrective amount referred to in Article 17 (4) of
an amount no greater than the difference between the              Regulation (EEC) No 1418/76 which is applicable to
cif price and the cif forward delivery price, where the           the export refunds fixed in advance in respect of rice
former exceeds the latter by more than 0*25 unit of
                                                                  and broken rice shall be as set out in the Annex
account per tonne ;
                                                                  hereto.
Whereas the cif price is that determined in accor­
dance with Article 16 of Regulation (EEC) No                                               Article 2
 1418/76 ; whereas the cif forward delivery price is that
determined in accordance with Article 3 (2) of Regula­
                                                                  This Regulation shall enter into force on 13 July
                                                                   1979 .
(>) OJ  No  L 166, 25.  6/ 1976, p. 1 .
(*) OJ  No  L 156, 14.  6. 1978, p. 11 .
(>) OJ  No  204, 24. 8. 1967, p. 20.                              (*) OJ No L 166, 25. 6. 1976, p. 30.
(<) OJ  No  L 222, 10.  9. 1968, p. 6.                             6) OJ No L 84, 4. 4. 1979, p. 1 .
 ---pagebreak--- 13 . 7. 79                            Official Journal of the European Communities                                 No L 176/ 17
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States.
             Done at Brussels, 12 July 1979.
                                                                             For the Commission
                                                                               Finn GUNDELACH
                                                                                   Vice-President
                                                             ANNEX
             to the Commission Regulation of 12 July 1979 fixing the corrective amount applicable to
                                                the refund on rice and broken rice
                                                                                                                        (ECU / tonne)
      CCT                                                           Current 1st period 2nd period 3rd period 4th period  5th period
     heading                          Description
       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
                          b) Long grain                                0         0         0          0           0           0
                 C. Broken rice