CELEX: 31974R0589
Language: en
Date: 1974-03-15 00:00:00
Title: Regulation (EEC) No 589/74 of the Commission of 14 March 1974 fixing the corrective amount applicable to the refund on rice and broken rice

15 . 3 . 74                            Official Journal of the European Communities                          No L 72/21
                            REGULATION ( EEC) No 589/74 OF THE COMMISSION
                                                      of 14 March 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 ;
Having regard to the Treaty establishing the European            whereas the cif forward delivery price is that deter­
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 3 59/                     (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 15 March
                                                                  1974 must be fixed as shown in the Table annexed to
validity of the licence ;
                                                                  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                                          Article 1
advance, be reduced by an amount no greater than the
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                                       Article 2
delivery price, where the former exceeds the latter by
more than 0-025 unit of account per 100 kilo­                     This Regulation -shall enter into force on 15 March
grammes ;                                                         1974 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels, 14 March 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.
(4)  OJ  No 204, 24. 8 . 1967, p. 20 .                            (6) 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 72/22                                Official Journal of the European Communities                     15 . 3 . 74
                                                                ANNEX
                 to the Commission Regulation of 14 March 1974 fixing the corrective amount applicable
                                                  to the refund on rice and broken rice
                                                                                                            (u.a.1100 ka)
                                                                          1st          2nd    3rd    4th       Jth
      CCT                                               Current
    heading            Description of goods                             period        period period period   period
       No                                                  3               4             5      6     7          8
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                                 —             —             —      —      —         —