CELEX: 31976R0308
Language: en
Date: 1976-02-13 00:00:00
Title: Commission Regulation (EEC) No 308/76 of 12 February 1976 fixing the corrective amount applicable to the refund on rice and broken rice

13 . 2. 76                               Official Journal of the European Communities                          No L 38/ 19
                                    COMMISSION REGULATION (EEC) No 308/76
                                                      of 12 February 1976
              fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN                                     mined in accordance with Article 3 (2) of Regulation
COMMUNITIES,                                                       No 365/67/EEC (5), as last amended by Regulation
                                                                   (EEC) No 2435/70 (6), based, in respect of each month
Having regard to the Treaty establishing the European              for which the export licence is valid, on the cif price
Economic Community,                                                calculated on the basis of offers for shipment during
Having regard to Council Regulation No 359/                        the month of exportation ;
67/EEC of 25 July 1967 on the common organiza­                     Whereas if the refund system is to operate normally,
tion of the market in rice (!.), as last amended by Regu­          refunds should be calculated on the following basis :
lation (EEC) No 668/75 (2), and in particular the first
subparagraph of Article 17 (4) thereof,                            — in the case of currencies which are maintained in
                                                                        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 ;
Whereas the first subparagraph of Article 17 (4) of                — for other currencies an exchange rate based on the
Regulation No 359/67/EEC provides that the export                       arithmetic mean of the spot market rates of each
refund applicable to rice and broken rice on the day                    of these currencies recorded for a given period, in
on which application for an export licence is made,                     relation to the Community currencies referred to
adjusted for the threshold price which will be in force                 in the previous subparagraph ;
during the month of exportation, must be applied on
request to exports to be effected during the period of             Whereas it follows from applying all these provisions
validity of the licence ;                                          that the corrective amount applicable on 13 February
                                                                    1976 must be fixed as shown in the table annexed to
Whereas Regulation No 474/67/EEC (3), as amended                   this Regulation ;
by Regulation (EEC) No 1397/68 (4), lays down
detailed rules for the advance fixing of the export                Whereas the measures provided for in this Regulation
refund on rice and broken rice ;                                   are in accordance with the opinion of the Manage­
                                                                    ment Committee for Cereals,
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                    HAS ADOPTED THIS REGULATION :
advance, be reduced by an amount no greater than the
difference between the cif forward delivery price and                                       Article 1
the cif price, where the former exceeds the latter by
more than 0-25 unit of account per metric ton ;                    The corrective amount referred to in Article 17 (4) of
whereas, on the other hand, the refund must be                      Regulation No 359/67/ EEC which is applicable to the
increased by an amount no greater than the difference               export refunds fixed in advance in respect of rice and
between the cif price and the cif forward delivery                  broken rice is hereby fixed as shown in the table
price, where the former exceeds the latter by more                  annexed to this Regulation .
than 0-25 unit of account per metric ton ;
                                                                                             Article 2
Whereas the cif price is that determined in accor­
dance with Article 16 of Regulation No 359/67/ EEC ;               This Regulation shall enter into force on 13 February
whereas the cif forward delivery price is that deter­               1976 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 12 February 1976.
                                                                               For the Commission
                                                                                 P.J. LARDINOIS
                                                                          Member of the Commission
(') OJ  No 174, 31 . 7. 1967, p. 1 .
(2) OJ  No L 72, 20. 3. 1975, p. 18 .
(J) OJ  No 204, 24. 8 . 1967, p. 20.                                (5) OJ No 174, 31 . 7. 1967, p. 32.
(4) OJ  No L 222, 10 . 9 . 1968 , p . 6.                            (6) OJ No L 262, 3. 12. 1970, p. 1 .
 ---pagebreak--- No L 38/20                          Official Journal of the European Communities                                     13 . 2. 76
                                                         ANNEX
            to the Commission Regulation of 12 February 1976 fixing the corrective amount appli­
                                       cable to the refund on rice and broken rice
                                                                                                                 (u.a./ metric ton)
      CCT                                                      Current 1st period 2nd period 3rd period 4th period    5th period
    heading                    Description of goods
       No                                                        2          3         4    '     5          6              7
10.06          Rice :
               A. Paddy rice ; husked rice :
                    I. Paddy rice :
                        a) Round grain                           —         —         —          —          —              —
                        b) Long grain                            —         —         —          —          —              —
                   II . Husked rice :
                        a) Round grain                           —         —         —           —          —             —
                        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                                   —         —         —           —          —             —