CELEX: 31974R1285
Language: en
Date: 1974-05-23 00:00:00
Title: Regulation (EEC) No 1285/74 of the Commission of 22 May 1974 fixing the corrective amount applicable to the refund on rice and broken rice

23 . 5 . 74                            Official Journal of the European Communities                        No L 140/25
                            REGULATION (EEC) No 1285 /74 OF THE COMMISSION
                                                       of 22 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 1 6 of Regulation No 359/67/EEC ;
                                                                 whereas the cif forward delivery price is that deter­
 Having regard to the Treaty establishing the European            mined in accordance with Article 3 (2) of Regulation
Economic Community ;
                                                                  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,
                                                                 — in the case of currencies which are maintained in
and in particular the first 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
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
                                                                 that the corrective amount applicable on 23 May 1974
request to exports to be effected during the period of           must be fixed as shown in the Table annexed to this
validity of the licence ;
                                                                 Regulation ;
Whereas Regulation No 474/67/EEC (4), as amended                 Whereas the ' measures provided for in this Regulation
by Regulation (EEC) No 1397/68 (5), lays down                    are in accordance with the Opinion of the Manage­
detailed rules for the advance fixing of the export              ment Committee for Cereals,
refund on rice and broken rice ;
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 23 May
grammes ;                                                         1974.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 22 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.
(>) 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 140/2 6                              Official Journal of the European Communities                       23 . 5 . 74
                                                                ANNEX
                  to the Commission Regulation of 22 May 1974 fixing the corrective amount applicable
                                                  to the refund on rice and broken rice
                                                                                                              {u.M.1100 km)
                                                                          1st          2nd    3rd      4th        5th
      CCT                                               Current
    heeding            Description of goods                             period        period period   period    period
       No                                                  5               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                       —              —             —      —        --
             Ç. Broken rice                               —              —             —      —        —         —