CELEX: 31973R1580
Language: en
Date: 1973-06-15 00:00:00
Title: Regulation (EEC) No 1580/73 of the Commission of 14 June 1973 fixing the corrective amount applicable to the refund on rice and broken rice

No L 158 / 16                               Official Journal of the European Communities                              15 . 6 . 73
                               REGULATION (EEC) No 1580/73 OF THE COMMISSION
                                                            of 14 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
                                                                      (EEC) No 2435/70 (7), based, in respect of each month
Having regard to the Treaty establishing the European                  for which the export licence is valid, on the cif price
Economic Community ;
                                                                       calculated on the basis of offers for shipment during
Having regard to Council Regulation No 359/                            the month of exportation ;
67/ EEC ( J ) 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 15 June
                                                                       1973 must be fixed as shown in the Table annexed to
by Regulation (EEC) No 1397/68 (5), lays down
detailed rules for the advance fixing of the export                    this 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, be reduced by an amount no greater than the                   HAS ADOPTED THIS REGULATION :
difference between the cif forward delivery price and
the cif price, where the former exceeds the latter by                                           - Article 1
more than 0·025 unit of account per 100 kilo­
grammes ; whereas, on the other hand, the refund                       The corrective amount referred to in Article 17 (4) of
must be increased by an amount no greater than the                     Regulation No 359/67/EEC which is applicable to the
difference between the cif price and the cif forward                   export refunds fixed in advance in respect of rice and
delivery price, where the former exceeds the latter by                 broken rice is hereby fixed as shown in the Table
more than 0·025 unit of account per 100 kilo­                          annexed to this Regulation .
grammes ;
                                                                                                 Article 2
Whereas the cif price is that determined in accor­
dance with Article 16 of Regulation No 359/67/EEC ;                    This Regulation shall enter into force on 15 June
whereas the cif forward delivery price is that deter                    1973 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 14 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 .
(4)  OJ No   204, 24. 8 . 1967, p . 20 .                               (0) 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--- 15 . 6 . 73                               Official Journal of the European Communities                    No L 158 / 17
                                                                 ANNEX
                 to the Commission Regulation of 14 June 1973 fixing the corrective amount applicable
                                                  to the refund on rice and broken rice
                                                                                                             (;u.a. / 100 kg )
                                                                         1st          2nd    3rd    4th         5 th
     CCT                                                Current
    heading            Description of goods                            period        period period period      period
      No                                                                 7              8      9     10           11
                                                           o
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