CELEX: 31977R0888
Language: en
Date: 1977-04-29 00:00:00
Title: Commission Regulation (EEC) No 888/77 of 28 April 1977 fixing the corrective amount applicable to the refund on rice and broken rice

29 . 4 . 77                               Official Journal of the European Communities                          No L 107/ 15
                                        COMMISSION REGULATION ( EEC) No 888 /77
                                                            of 28 April 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 1 428 /76 (4 ), based, in respect of each month for
                                                                       which the export licence is valid, on the cif price
   Having regard to the Treaty establishing the European               calculated on the basis of offers for shipment during
    Economic Community,                                                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 ('), and in particular the               — in the case of currencies which are maintained in
   second subparagraph of Article 1 7 (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
3 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 1 May 1977
                                                                        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
   Whereas Regulation No 474/67/ EEC (2 ), as amended                  are in accordance with the opinion of the Manage­
   by Regulation ( EEC) No 1 397/_68 (3), lays down                    ment Committee for Cereals,
   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
  (') OJ No L 166, 25 . 6 . 1976, p . 1 .                              This Regulation shall enter into force on 1 May 1977.
  ( 2 ) OJ No 204, 24 . 8 . 1967, p . 20 .
  ( 3 ) OJ No L 222, 10 . 9 . 1968 , p . 6 .                           (4 ) OJ No L 166 , 25 . 6 . 1976, p. 30 .
 ---pagebreak--- No L 107 / 16                         Official Journal of the European Communities                                         29 . 4 . 77
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 28 April 1977 .
                                                                             For the Commission
                                                                               Finn GUNDELACH
                                                                                   Vice-President
                                                             ANNEX
             to the Commission Regulation of 28 April 1977 fixing the corrective amount applicable to
                                                the refund on rice and broken rice
                                                                                                                             (u.a. / tonne)
      CCT                                                           Current 1st period  2nd period ,? rd period 4th period  5th period
    heading                      Description oí goods
       No                                                              5         h          7            H          9             10
10.06            Rice :
                 A. Paddy rice ; hrusked 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                                       0         0           0            0          0             0