CELEX: 31973R3518
Language: en
Date: 1973-12-29 00:00:00
Title: Regulation (EEC) No 3518/73 of the Commission of 28 December 1973 fixing the corrective amount applicable to the refund on rice and broken rice

29 . 12. 73                               Official Journal of the European Communities                          No L 360/ 19
                             REGULATION (EEC) No 3518 /73 OF THE COMMISSION
                                                       of 28 December 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 ;
                                                                     whereas the cif forward delivery price is that deter­
 Having regard to the Treaty establishing the European
                                                                     mined in accordance with Article 3 (2) of Regulation
 Economic Community ;
                                                                     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/ EECC ) 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                          Whereas if the refund system is to operate normally,
 Community and the European Atomic Energy                            refunds should be calculated on the following basis :
 Community, signed at Brussels on 22 January 1972,
and in particular the first subparagraph of Article 17               — in the case of currencies which are maintained in
(4) thereof ;                                                             relation to each other, at any given moment,
                                                                          within a band of 2-25 % , a rate of exchange based
 Having regard to the Opinion of the Monetary                             on their effective parity ;
 Committee ;
                                                                     — 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 it follows from applying all these provisions
 request to exports to be effected during the period of              that the corrective amount applicable on 1 January
                                                                      1974 must be fixed as shown in the Table annexed to
validity of the licence ;
                                                                     this Regulation ;
Whereas Regulation No 474/67/EEC (4), as amended
 by Regulation (EEC) No 1 397/68 (5), lays down                      Whereas the measures provided for in this Regulation
 detailed rules for the advance fixing of the export                 are in accordance with the Opinion of the Manage­
 refund on rice and broken rice ;                                    ment Committee for Cereals,
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                                               Article I
 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 0025 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                                           /1 rticle 2
delivery price, where the former exceeds the latter by
 more than 0-025 unit of account per 100 kilo­                       This Regulation shall enter into force on 1 January
grammes ;                                                             1 974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 28 December 1973 .
                                                                                 I:or the Con / mission
                                                                                    P.J. LARDINOIS
                                                                             /Member of the Coin mission
(') 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.
C)  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 360/20                               Official Journal of the European Communities                          29 . 12. 73
                                                                • ANNEX
                 to the Commission Regulation of 28 December 1973 fixing the corrective amount applicable
                                                  to the refund on rice and broken rice
                                                                                                                 (u.a./100 kg)
                                                                         1st              2nd      3rd    4th        5th
      CCT                                               Current
    heading            Description of goods                            period          period     period period     period
       No                                                  1              2                  3       4      5          6
10.06       Rice :                                                                   » i ; .
            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                                 —             —                   —             —          —
                                                                                                \