CELEX: 31977R0451
Language: en
Date: 1977-03-04 00:00:00
Title: Commission Regulation (EEC) No 451/77 of 3 March 1977 fixing the corrective amount applicable to the refund on rice and broken rice

No L 59/ 12                           Official Journal of the European Communities                              4 . 3 . 77
                                  COMMISSION REGULATION (EEC) No 451 /77
                                                     of 3 March 1977
             fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN                                  determined in accordance with Article 3 (2) of Regula­
COMMUNITIES,                                                    tion 1428/76 (4), based, in respect of each month for
                                                                which the export licence is valid, on the cif price
                                                                calculated on the basis of offers for shipment during
Having regard to the Treaty establishing the European           the month of exportation ;
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
 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
                                                                     relation to the Community currencies referred to
Whereas the first subparagraph of Article 17 (4) of
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 4 March
in force during the month of exportation, must be                1977 must be fixed as shown in the table annexed to
applied on request to exports to be effected during the         this 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
                                                                ment Committee for Cereals,
by Regulation (EEC) No 1 397/68 (3), 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
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
 1418/76 ; whereas the cif forward delivery price is that
                                                                This Regulation shall enter into force on 4 March
                                                                 1977 .
(•) OJ No L 166, 25 . 6. 1976, p. 1 .
(2) OJ No 204, 24. 8 . 1967, p. 20.
(J) OJ No L 222, 10. 9 . 1968 , p. 6.                           (4) OJ No L 166, 25. 6. 1976, p. 30.
 ---pagebreak--- 4 . 3 . 77                             Official Journal of the European Communities                                    No L 59/ 13
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 3 March 1977.
                                                                              For the Commission
                                                                                Finn GUNDELACH
                                                                                    Vice-President
                                                              ANNEX
             to the Commission Regulation of 3 March 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                                                                       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                              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