CELEX: 31977R2539
Language: en
Date: 1977-11-18
Title: Commission Regulation (EEC) No 2539/77 of 17 November 1977 fixing the corrective amount applicable to the refund on rice and broken rice

18 . 11 . 77                             Official Journal of the European Communities                         No L 294/23
                                    COMMISSION REGULATION (EEC) No 2539/77
                                                      of 17 November 1977
                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 (1), as amended by Regula­
 tion (EEC) No 11 58/77 (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 ancf 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 18
 in force during the month of exportation, must be                  November 1977 must be fixed as shown in the table
 applied on request to exports to be effected during the            annexed to this Regulation ;
 period of validity of the licence ;
                                                                    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
                                                                    ment Committee for Cereals,
 by Regulation (EEC). No 1397/ 68 (4), 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
                                                                    This Regulation shall enter into force on              18
0)  OJ   No  L 166, 25. 6. 1976, p. 1 .                             November 1977.
(2) OJ  No   L 136, 2. 6. 1977, p. 13.
 3) OJ  No   204, 24. 8 . 1967, p. 20 .
(4) OJ  No   L 222, 10. 9 . 1968 , p. 6 .                           (5) OJ No L 166, 25. 6. 1976, p. 30 .
 ---pagebreak--- No L 294/24                          Official Journal of the European Communities                                   18 . 11 . 77
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 17 November 1977 .
                                                                         For the Commission
                                                                           Finn GUNDELACH
                                                                               Vice-President
                                                          ANNEX
            to the Commission Regulation of 17 November 1977 fixing the corrective amount appli­
                                        cable 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 of goods
       No                                                         11        12          1          2          3               4
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