CELEX: 31986R0556
Language: en
Date: 1986-03-01
Title: Commission Regulation (EEC) No 556/86 of 28 February 1986 fixing the corrective amount applicable to the refund on rice and broken rice

No L 55/74                                Official Journal of the European Communities                                      1 . 3 . 86
                                      COMMISSION REGULATION (EEC) No 556/86
                                                       of 28 February 1986
                    fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         1428/76 (*), 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 the month of exporta­
                                                                    tion ;
Having regard to the Treaty establishing the European
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 organization of the                   — in the case of currencies which are maintained in rela­
market in rice ('), as last amended by Regulation (EEC)                   tion to each other at any given moment within a band
No 3768/85 (2), and in particular the second subparagraph                 of 2,25 % , a rate of exchange based on their central
of Article 17 (4) thereof,                                                rate, multiplied by the corrective factor provided for in
                                                                          the last paragraph of Article 3 ( 1 ) of Regulation (EEC)
                                                                          No 1676/85 (*),
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 rela­
                                                                          tion to the Community currencies referred to in the
Whereas the first subparagraph of Article 17 (4) of Regu­                 previous indent, and the aforesaid coefficient ;
lation (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 made, adjusted for the         Whereas it follows from applying the provisions set out
threshold price which will be in force during the month             above that the corrective amount must be as set out in the
of exportation, must be applied on request to exports to            Annex hereto ;
be effected during the period of validity of the licence ;
                                                                    Whereas the measures provided for in this Regulation are
                                                                     in accordance with the opinion of the Management
Whereas Regulation No 474/67/EEC (3), as amended by                  Committee for Cereals,
Regulation (EEC) No 1397/68 (4), lays down detailed rules
for the advance fixing of the export refund on rice and
broken rice :
Whereas that Regulation provides that the refund appli­              HAS ADOPTED THIS REGULATION :
cable 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 difference
between the cif forward delivery price and the cif price,
                                                                                                Article 1
where the former exceeds the latter by more than 0,30
ECU per tonne ; whereas on the other hand, the refund
must be increased by an amount no greater than the
difference between the cif price and the cif forward deli­           The corrective amount referred to in Article 17 (4) of
very price, where the former exceeds the latter by more              Regulation (EEC) No 1418/76 which is applicable to the
 than 0,30 ECU per tonne ;
                                                                     export refunds fixed in advance in respect of rice and
                                                                     broken rice shall be as set out in the Annex hereto .
 Whereas the cif price is that determined in accordance
 with Article 16 of Regulation (EEC) No 1418/76 ; whereas                                       Article 2
 the cif forward delivery price is that determined in accor­
 dance with Article 3 (2) of Regulation (EEC) No
                                                                      This Regulation shall enter into force on 1 March 1986.
 (') OJ No  L 166, 25.   6. 1976, p. 1 .
 (2) OJ No  L 362, 31 .  12. 1985, p. 8 .
 (3) OJ No  204, 24. 8 . 1967, p. 20.                                 i5) OJ No L 166, 25. 6. 1976, p, 30.
 (4) OJ No  L 222, 10.   9. 1968, p. 6.                                «) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 1 . 3 . 86                     Official Journal of the European Communities                                  No L 55/75
           This Regulation shall be binding in its entirety and directly applicable in all Member
           States.
           Done at Brussels, 28 February 1986.
                                                                      For the Commission
                                                                       Frans ANDRIESSEN
                                                                          Vice-President
                                                          ANNEX
           to the Commission Regulation of 28 February 1986 fixing the corrective amount applicable
                                      to the refund on rice and broken rice
                                                                                                 (ECU/tonne)
                CCT                                               Current  1st period 2nd period 3rd period
               heading                     Description
                 No                                                 3          4          5          6
           ex 10.06       Rice :
                          B.  I. Paddy rice, husked rice :
                                   a) Paddy rice :
                                       1 . Round grain             —           —         —           —
                                       2. Long grain               —           —         —           —
                                   b) Husked rice :               I                  \
                                       1 . Round grain             —           —         —           —
                                       2. Long grain                0          0          0          0
                              II. Semi-milled          or  wholly
                                  milled rice :
                                   a) Semi-milled rice :          \                  \
                                       1 . Round grain             —           —         —           —
                                       2. Long grain               —           —         —           —
                                   b) Wholly milled rice :        \IIl
                                       1 . Round grain             —           —         —           —
           I                           2. Long grain                0          0          0          0
                             III . Broken rice                     —           —         —           —