CELEX: 31974R1081
Language: en
Date: 1974-05-03 00:00:00
Title: Regulation (EEC) No 1081/74 of the Commission of 2 May 1974 fixing the corrective amount applicable to the refund on rice and broken rice

3 . .5 . 74                              Official Journal of the European Communities                         No L 121 / 25
                             REGULATION ( EEC) No 1081 /74 OF THE COMMISSION
                                                          of 2 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 (•') on the Accession of              the month of exportation ;
new Member States to the European Economic
Community and the European Atomic Energy                           Whereas if the refund system is to operate normally,
Community, signed at Brussels on 22 January 1972,                   refunds should be calculated on the following basis :
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,
 Having regard to the Opinion of the Monetary                           within a band of 2.25 % , a rate of exchange based
Committee ;                                                             on their effective parity ;
                                                                   — 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 3 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
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                                        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
 more than 0.025 unit of account per 100 kilo­
                                                                    Regulation No 359 /67/ EEC which is applicable to the
grammes ; whereas, on the other hand, the refund
                                                                    export refunds fixed in advance in respect of rice and
                                                                    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 3 May 1974.
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 2 May 1974.
                                                                              For 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 .                            (b) OJ No 174, 31 . 7. 1967, p. 32.
(5) OJ    No L 222, 10. 9 . 1968 , p. 6.                           (7) OJ No L 262, 3 . 12. 1970, p. 1 .
 ---pagebreak--- No L 121 /26                               Official Journal of the European Communities                      3 . 5 . 74
                                                                 ANNEX
                   to the Commission Regulation of 2 May 1974 fixing the corrective amount applicable
                                                   to the refund on rice and broken rice
                                                                                                            (u.a. /100 kg)
                                                                           1st          2nd    3rd    4th      5th
      CCT                                                Current
    heeding             Description of goods                             period        period period period   period
       No                                                   5               6            7       8     9        10
10.06        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