CELEX: 31978R0935
Language: en
Date: 1978-05-04 00:00:00
Title: Commission Regulation (EEC) No 935/78 of 3 May 1978 fixing the corrective amount applicable to the refund on rice and broken rice

No L 120/28                               Official Journal of the European Communities                              4 . 5 . 78
                                      COMMISSION REGULATION ( EEC) No 935/78
                                                           of 3 May 1978
              fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN                                       1418/76 ; whereas the cif forward delivery price is that
COMMUNITIES,                                                         determined in accordance with Article 3 (2) of Regula­
                                                                     tion (EEC) No 1428/76 (5), based, in respect of each
                                                                     month for which the export licence is valid, on the cif
Having regard to the Treaty establishing the European                price calculated on the basis of offers for shipment
Economic Community,                                                  during the month of exportation ;
                                                                     Whereas, if the refund system is to operate normally,
Having regard to Council Regulation (EEC) No                         refunds should be calculated on the following basis :
1418/76 of 21 June 1976 on the common organiza­
tion of the market in rice (! ), as last amended by Regu­
lation (EEC) No 709/78 (2), and in particular the                    — in the case of currencies which are maintained in
second 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
                                                                          on their effective parity ;
Having regard to the opinion of the Monetary
Committee,                                                           — for other currencies, an exchange rate based on the
                                                                          arithmetic mean of the spot market rates of each
                                                                          of these currencies recorded for a given period, in
Whereas the first subparagraph of Article 17 (4) of                       relation to the Community currencies referred to
Regulation (EEC) No 1418 /76 provides that the                            in the previous subparagraph ;
export refund applicable to rice and broken rice on
the day on which application for an export licence is
made, adjusted for the threshold price which will be                 Whereas it follows from applying all these provisions
in force during the month of exportation , must be                   that the corrective amount applicable on 4 May 1978
                                                                     must be fixed as shown in the table annexed to this
applied on request to exports to be effected during the
period of validity of the licence ;                                  Regulation ;
                                                                     Whereas the measures provided for in this Regulation
Whereas Regulation No 474/67/ EEC (3), as amended                    are in accordance with the opinion of the Manage­
by Regulation (EEC) No 1 397/68 (4), lays down                       ment Committee for Cereals ,
detailed rules for the advance fixing of the export
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
advance, be reduced by an amount no greater than the
difference between the cif forward delivery price and                                            Art ic/c 1
the cif price , where the former exceeds the latter by
more than 0-25 unit of account per tonne ; whereas,
on the other hand, the refund must be increased by                   The corrective amount referred to in Article 17 (4) of
an amount no greater than the difference between the                 Regulation (EEC) No 1418 /76 which is applicable to
cif price and the cif forward delivery price, where the              the export refunds fixed in advance in respect of rice
former exceeds the latter by more than 0-25 unit of                  and broken rice is hereby fixed as shown in the table
account per tonne ;                                                  annexed to this Regulation .
Whereas the cif price is that determined in accor­
dance with Article 16 of Regulation ( EEC) No                                                    A rticlc 2
(')  OJ No L 166, 25 .   6 . 1976 , p. 1
(2 ) OJ No L 94, 8 . 4.   1978 , p. 9.                               This Regulation shall enter into force on 4 May 197 H.
(3 ) OJ No 204, 24 . 8 .  1967, p . 20 .
(4 ) OJ No L 222, 10 .   9 . 1968 , p. 6.                            C ) 0 | No L 166 , 25 . 6 . 1976 , p. 30 .
 ---pagebreak--- 4. 5 . 78                             Official Journal of the European Communities                                 No L 120/ 29
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States.
             Done at Brussels, 3 May 1978 .
                                                                             For the Commission
                                                                               Finn GUNDELACH
                                                                                   Vice-President
                                                             ANNEX
             to the Commission Regulation of 3 May 1978 fixing the corrective amount applicable to
                                                the refund on rice and broken rice
                                                                                                                         (u.a. / tonne)
       CCT                                                          Current 1st period  2nd period 3rd period 4th period 5th period
     heading                          Description
        No                                                            5          6          7          8          9           10 .
 10.06           Rice :
                 A. Paddy rice ; husked rice :
                      I. Paddy rice :
                          a) Round grain
                          b) Long grain
                     II . Husked rice :
                          a) Round grain                              0         0           0          0          0           0
                          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