CELEX: 31973R1514
Language: en
Date: 1973-06-08
Title: Regulation (EEC) No 1514/73 of the Commission of 7 June 1973 fixing the corrective amount applicable to the refund on rice and broken rice

No L 152/ 16                           Official Journal of the European Communities                              8 . 6. 73
                            REGULATION (EEC) No 1514/73 OF THE COMMISSION
                                                        of 7 June 1973
               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 (6), as last amended by Regulation
 Having regard to the Treaty establishing the European             (EEC) No 2435/70 (7), based, in respect of each month
 Economic Community ;                                              for which the export licence is valid, on the cif price
                                                                   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
 tion of the market in rice, as last amended by the               Whereas if the refund system is to operate normally,
Act (2) annexed to the Treaty (3) on the Accession of              refunds should be calculated on the following basis :
 new Member States to the European Economic                       — in the case of currencies which are maintained in
 Community and the European Atomic Energy                              relation to each other, at any given moment,
 Community, signed at Brussels on 22 January 1972,                     within a band of 2-25 % , a rate of exchange based
 and in particular the first subparagraph of Article 17                on their effective parity ;
 (4) thereof ;
                                                                  — 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 the Opinion of the Monetary Committee was
 request to exports to be effected during the period of            requested ;
validity of the licence ;
                                                                  Whereas it follows from applying all these provisions
Whereas Regulation No 474/67/EEC (4), as amended                   that the corrective amount applicable on 8 June 1973
by Regulation (EEC) No 1397/68 (5), lays down                      must be fixed as shown in the Table annexed to this
detailed rules for the advance fixing of the export               Regulation ;
 refund on rice and broken rice ;
                                                                  Whereas the measures provided for in this Regulation
Whereas that Regulation provides that the refund                  are in accordance with the Opinion of the Manage­
applicable on the day on which application for an                  ment Committee for Cereals :
export licence is made must, when it is fixed in
advance, ' reduced by an amount no greater than the
difference between the cif forward delivery price and              HAS ADOPTED THIS REGULATION :
the cif price, where the former exceeds the latter by
more than 0-025 unit of account per 100 kilo­                                              Article 1
grammes ; whereas, on the other hand, the refund
 must be increased by an amount no greater than the               The corrective amount referred to in Article 17 (4) of
difference between the cif price and the cif forward              Regulation No 359/67/EEC which is applicable to the
delivery price, where the former exceeds the latter by            export refunds fixed in advance in respect of rice and
more than 0-025 unit of account per 100 kilo­                     broken rice is hereby fixed as shown in the Table
grammes ;
                                                                  annexed to this Regulation .
Whereas the cif price is that determined in accor­                                         Article 2
dance with Article 16 of Regulation No 359/67/ EEC ;
whereas the cif forward delivery price is that deter­             This Regulation shall enter into force on 8 June 1973 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 7 June 1973 .
                                                                             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.                               (6) OJ No 174, 31 . 7. 1967, p. 32.
(') OJ No L 222, 10. 9. 1968, p. 6.                               (?) OJ No L 262, 3. 12. 1970, p. 1 .
 ---pagebreak--- 8 . 6. 73                                    Official Journal of the European Communities                    No L 152/ 17
                                                                     ANNEX
                  to the Commission Regulation of 7 June 1973 fixing the corrective amount applicable
                                                     to the refund on rice and broken rice
                                                                                                                (u.a./100 kg)
                                                                            1st           2nd   3rd    4th          5th
     OCT                                                   Current
    heading              Description of goods                             period        period period period     period
      No                                                      6             7               8     9     10           11
10.06       Rice :
            Λ . Paddy rice ; husked rice :
                 I. Paddy rice :
                     a ) Round grained                       —              —              —    —       —           —
                     b) Long grained                         —              —             —     —       —           —
                11 . Husked rice :
                     aí 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                                   —             —
                                                                                        ' —     —      —            —