CELEX: 31973R1432
Language: en
Date: 1973-05-31 00:00:00
Title: Regulation (EEC) No 1432/73 of the Commission of 30 May 1973 fixing the corrective amount applicable to the refund on rice and broken rice

31 . 5. 73                             Official Journal of the European Communities                           No L 144/ 15
                            REGULATION (EEC) No 1432/73 OF THE COMMISSION
                                                       of 30 May 1973
              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 359/                       (EEC) No 2435/70 (7), based, in respect of each month
67/EEC (1) 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
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 basis of an
and in particular the first subparagraph of Article 17            exchange rate which is based, in the case of currencies
(4) thereof ;                                                     which are floating or whose central rate differs from
Having regard to the Opinion of the Monetary                      the official parity, on the effective rate or the central
Committee ;                                                       rate of these currencies and, in the case of the US
Whereas the first subparagraph of Article 17 (4) of               dollar, on the change in parity announced on 13
Regulation No 359/67/ EEC provides that the export                February 1973 ;
refund applicable to rice and broken rice on the day              Whereas it follows from applying all these provisions
on which application for an export licence is made,               that the corrective amount applicable on 1 June 1973
adjusted for the threshold price which will be in force           must be fixed as shown in the Table annexed to this
during the month of exportation, must be applied on               Regulation ;
request to exports to be effected during the period of
validity of the licence ;                                         Whereas the measures provided for in this Regulation
Whereas Regulation No 474/67/EEC (4), as amended                  are in accordance with the Opinion of the Manage­
by Regulation (EEC) No 1397/68 (5), lays down                     ment Committee for Cereals :
detailed rules for the advance fixing of the export
 refund on rice and broken rice ;
                                                                   HAS ADOPTED THIS REGULATION :
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                                           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
 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 1 June 1973 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 30 May 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.
 (4)  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 144/ 16                                Official Journal of the European Communities                    31 . 5 . 73
                                                                  ANNEX
                   to the Commission Regulation of 30 May 1973 fixing the corrective amount applicable
                                                    to the refund on rice and broken rice
                                                                                                            (u.c ./100 kg)
                                                                           1st          2nd    3rd    4th     5th
     CCT                                                  Current
    heading             Description of goods                             period        period period period  period
      No                                                     6             7              8      9     10       11
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