CELEX: 31974R1156
Language: en
Date: 1974-05-09 00:00:00
Title: Regulation (EEC) No 1156/74 of the Commission of 8 May 1974 fixing the corrective amount applicable to the refund on rice and broken rice

9 . 5 . 74                               Official Journal of the European Communities                         No L 127/25
                              REGULATION (EEC) No 1156/74 OF THE COMMISSION
                                                      '   of 8 May 1974
               fixing the corrective amount applicable to the refund on rice and broken rice
 THE COMMISSION OF THE EUROPEAN                                      Whereas the cif price is that determined in accor­
 COMMUNITIES,                                                        dance with Article 16 of Regulation No 359/67/EEC ;
                                                                     whereas the cif forward delivery price is that deter­
 Having regard to the Treaty establishing the European
 Economic Community ;
                                                                     mined in accordance with Article 3 (2) of Regulation
                                                                     No 365/67/EEC (6), as last amended by Regulation
 Having regard to Council Regulation No 359/                        (EEC) No 2435/70 (7), based, in respect of each month
 67/EEC (') of 25 July 1967 on the common organiza­                  for which the export licence is valid, on the cif price
 tion of the market in rice, as last amended by the                  calculated on the basis of offers for shipment during
 Act (2) annexed to the Treaty (3) on the Accession of               the month of exportation ;
 new Member States to the European Economic                         Whereas if the refund system is to operate normally,
 Community and the European Atomic Energy                            refunds should be calculated on the following basis :
 Community, signed at Brussels on 22 January 1972,
 and in particular the first subparagraph of Article 17             — in the case of currencies which are maintained in
 (4) thereof ;                                                           relation to each other, at any given moment,
                                                                         within a band of 2-25 % , a rate of exchange based
 Having regard to the Opinion of the Monetary                            on their effective parity ;
 Committee ;
                                                                    — for other currencies an exchange rate based on the
 Whereas the first subparagraph of Article 17 (4) of                     arithmetic mean of the spot market rates of each
 Regulation No 359/67/ EEC provides that the export                      of these currencies recorded for a given period, in
 refund applicable to rice and broken rice on the day                    relation to the Community currencies referred to
 on which application for an export licence is made,                     in the previous subparagraph ;
 adjusted for the threshold price which will be in force
 during the month of exportation , must be applied on               Whereas it follows from applying all these provisions
 request to exports to be effected during the period of             that the corrective amount applicable on 9 May 1974
 validity of the licence ;                                           must be fixed as shown in the Table annexed to this
                                                                    Regulation ;
 Whereas Regulation No 474/67/ EEC (4), as amended
 by Regulation (EEC) No 1397/68 (5 ), 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
                                                                    HAS ADOPTED THIS REGULATION :
 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 corrective amount referred to in Article 17 (4) of
 the cif price, where the former exceeds the latter by              Regulation No 359/67/EEC which is applicable to the
 more than 0-025 unit of account per 100 kilo­                      export refunds fixed in advance in respect of rice and
 grammes ; whereas, on the other hand, the refund                   broken rice is hereby fixed as shown in the Table
 must be increased by an amount no greater than the                 annexed to this Regulation .
 difference between the cif price and the cif forward
 delivery price, where the former exceeds the latter by                                       Article 2
 more than 0-025 unit of account per 100 kilo­
 grammes ;                                                          This Regulation shall enter into force on 9 May 1974.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 8 May 1 974.
                                                                               Fur the Commission
                                                                                 P.J. LARDINOIS
                                                                           Member of the Commission
(')  OJ  No 174, 31 . 7. 1967, p. 1 .
(2)  OJ  No L 73 , 27 . 3 . 1972, p. 14 .
(3   OJ  No L 73 , 27 . 3 . 1972, p. 5 .
(<)  OJ  No 204, 24. 8 . 1967, p. 20 .                              (6) OJ No 174, 31 . 7 . 1967, p . 32.
(»)  OJ  No L 222, 10. 9. 1968, p. 6.                               (7) OJ No L 262, 3 . 12. 1970, p. 1 .
 ---pagebreak--- No L 127/26                              Official Journal of the European Communities                     9 . 5. 74
                                                               ANNEX
                 to the Commission Regulation of 8 May 1974 fixing the corrective amount applicable
                                                 to the refund on rice and broken rice
                                                                                                         (u.a .1100 kt)
                                                                        1st          2nd    3rd    4th      5th
     CCT                                               Current
    heeding           Deicription of goods                            period        period period period  period
      No                                                  J              6             7      8      9       10
10.0*       Rice :
            A. Paddy rice ; husked rice :
                I. Paddy rice :
                   a) Round grained                       —             —              —     —      —        —
                   b) Long grained                        —             —              —     —      —        —
               II. Husked rice :
                   a) Round grained                       —             —              —     —      —        —
                   b) Long grained                        —             —              —     —      —        —
            B. Semi-milled or wholly milled
               rice :
                I. Semi-milled rice :
                   a) Round grained                       —                           _      _
                                                                                                             —
                   b) Long grained                        _             —              —     —      —
                                                                                                             —
               II. Wholly milled rice :
                   a) Round grained                       —             —             —      —
                                                                                                             —
                   b) Long grained                        —             —             —      —      —
                                                                                                             —
            C. Broken rice                                __            —             —      —      —        —