CELEX: 31977R0693
Language: en
Date: 1977-04-01 00:00:00
Title: Commission Regulation (EEC) No 693/77 of 31 March 1977 fixing the corrective amount applicable to the refund on rice and broken rice

1 . 4. 77                              Official Journal of the European Communities                         No L 84/77
                                      COMMISSION REGULATION ( EEC) No 693/77
                                                        of 31 March 1977
                fixing the corrective amount applicable to the refund on rice and broken rice
  THE COMMISSION OF THE EUROPEAN                                   determined in accordance with Article 3 (2) of Regula­
  COMMUNITIES,                                                     tion 1428/76 (4), based, in respect of each month for
                                                                   which the export licence is valid, on the cif price
                                                                   calculated on the basis of offers for shipment during
  Having regard to the Treaty establishing the European            the month of exportation ;
  Economic Community,
                                                                   Whereas, if the refund system is to operate normally,
                                                                   refunds should be calculated on the following basis :
  Having regard to Council Regulation (EEC) No
  1418/76 of 21 June 1976 on the common organiza­
 tion of the market in rice ('), 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
                                                                       relation to the Community currencies referred to
 Whereas the first subparagraph of Article 17 (4) of
                                                                       in the previous subparagraph ;
 Regulation (EEC) No 1418/76 provides that the
 export refund applicable to rice and broken rice on
 the day on which application for an export licence is             Whereas it follows from applying all these provisions
 made, adjusted for the threshold price which will be              that the corrective amount applicable on 1 April 1977
 in force during the month of exportation , must be                must be fixed as shown in the table annexed to this
 applied on request to exports to be effected during the           Regulation ;
 period of validity of the licence ;
                                                                   Whereas the measures provided for in this Regulation
                                                                   are in accordance with the opinion of the Manage­
 Whereas Regulation No 474/67/ EEC (2), as amended                 ment Committee for Cereals,
 by Regulation (EEC) No 1397/ 68 (3), lays down
 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
 advance, be reduced by an amount no greater than the
                                                                                            Article 1
 difference between the cif forward delivery price and
 the cif price, where the former exceeds the latter by
 more than 0-25 unit of account per tonne ; whereas,               The corrective amount referred to in Article 17 (4) of
 on the other hand, the refund must be increased by                Regulation (EEC) No 1418/76 which is applicable to
 an amount no greater than the difference between the              the export refunds fixed in advance in respect of rice
 cif price and the cif forward delivery price, where the           and broken rice is hereby fixed as shown in the table
 former exceeds the latter by more than 0-25 unit of               annexed to this Regulation .
 account per tonne ;
 Whereas the cif price is that determined in accor­                                         Article 2
 dance with Article 16 of Regulation (EEC) No
 1418/76 ; whereas the cif forward delivery price is that
                                                                   This Regulation shall enter into force on 1 April
                                                                   1977 .
(') OJ No L 166, 25. 6. 1976, p. 1 .
(2 ) OJ No 204 , 24 . 8 . 1967, p . 20 .
(3 ) OJ No L 222, 10 . 9 . 1968 , p. 6.                           (") OJ No L 166, 25 . 6 . 1976, p. 30 .
 ---pagebreak--- No L 84/78                            Official Journal of the European Communities                                     1 . 4 . 77
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 31 March 1977.
                                                                           For the Commission
                                                                             Finn GUNDELACH
                                                                                 Vice-President
                                                            ANNEX
            to the Commission Regulation of 31 March 1977 fixing the corrective amount applicable
                                             to the refund on rice and broken rice
                                                                                                                        (UM. / tonne)
      CCT                                                         Current 1st period  2nd period 3rd period 4th period  Sth period
    heading                      Description of goods
       No                                                           4          5          6          7          8            9
10.06           Rice :
                A. Paddy rice ; husked rice :
                      I. Paddy rice :
                          a) Round grain                           —          —          —          —          —           —
                          b) Long grain                             —         —          —          —          —           —
                     11 . 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                                      0         0           0          0          0           0