CELEX: 31988R1876
Language: en
Date: 1988-07-01 00:00:00
Title: Commission Regulation (EEC) No 1876/88 of 30 June 1988 fixing the corrective amount applicable to the refund on rice and broken rice

No L 168/28                            Official Journal of the European Communities                                     1 . 7. 88
                                     COMMISSION REGULATION (EEC) No 1876/88
                                                          of 30 June 1988
                      fixing the corrective amount applicable to the refund on rice and broken rice
/ THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       dance* with Article 3 (2) of Council Regulation (EEC) No
                                                                    1428/76 (*), based in respect of each month for which the
                                                                    export licence is valid, on the cif price calculated on the
   Having regard to the Treaty establishing the European            basis of offers for shipment during the month of exporta­
   Economic Community,                                              tion ;
                                                                    Whereas, if the refund system is to operate normally,
   Having regard to the Act of Accession of Spain and               refunds should be calculated on the following basis :
   Portugal,
                                                                    — in the case of currencies which are maintained in rela­
                                                                         tion to each other at any given moment within a band
   Having regard to Council Regulation (EEC) No 1418/76                  of 2,25 % , a rate of exchange based on their central
   of 21 June 1976 on the common organization of the                     rate, multiplied by the corrective factor provided for in
   market in rice ('), as last amended by Regulation (EEC)               the last paragraph of Article 3 (1 ) of Council Regula­
   No 3990/87 (2), and in particular the second subparagraph             tion (EEC) No 1676/85 (6), as last amended by Regula­
   of Article 17 (4) thereof,                                            tion (EEC) No 1636/87Q,
                                                                    — for other currencies, an exchange rate based on the
   Having regard to the opinion of the Monetary Committee,               arithmetic mean of the spot market rates of each of
                                                                         these currencies recorded for a given period in rela­
                                                                         tion to the Community currencies referred to in the
  Whereas the first subparagraph of Article 1 7 (4) of Regu­             previous indent, and the aforesaid coefficient ;
   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
   application for an export licence is hiade, adjusted for the     above that the corrective amount must bp as set out in 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
  the cif forward delivery price is that determined in accor­
                                                                    This Regulation shall enter into force on 1 July 1988.
   ') OJ No L 166, 25. 6. 1976, p. 1 .
 0 OJ No L 377, 31 . 12. 1987, p. 15.                               0 OJ No L 166, 25. 6. 1976, p. 30.
  (3) OJ No 204, 24. 8. 1967, p. 20/6.                              (4) OJ No L 164, 24. 6. 1985, p. 1 .
 (4) OJ No L 222, 10. 9. 1968, p. 6.                                0 OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- l . 7. 88                         Official Journal of the European Communities                                     No L 168/29
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States.
          Done at Brussels, 30 June 1988.
                                                                              For the Commission
                                                                               Frans ANDRIESSEN
                                                                                  Vice-President
                                                           ANNEX
          to the Commission Regulation of 30 June 1988 fixing the corrective amount applicable to
                                         the refund on rice and broken rice
                                                                                                       (ECU/tonne)
                   Product code
                                              Current            1st period        2nd period       3rd period
                                                 7                   8                 9                10
                  1006 20 10 000                —                    —                —                 — .
                  1006 20 90 000                 0                   0                 0                0
                  1006 30 11 000                —                    —
                                                                                      — .
                                                                                                        —
                  1006 30 19 000                —                    —                —                 —
                  1006 30 91 000                —
                                                                     —    ,
                                                                                      —                 —
                  1006 30 99 100                 0                   0                 0                0
                  1006 30 99 900                 0                   0                 0                0
                  1006 40 00 000                —                    —                —                 —
          N.B. : The product codes and the footnotes are defined in Regulation (EEC) No 3846/87 as amended.