Commission Regulation (EC) No 299/95 of 14 February 1995 amending Regulation (EEC) No 584/75 as regards the requirements for the release of the tendering security for export refunds on rice

COMMISSION REGULATION (EC) No 299/95 of 14 February 1995 amending Regulation (EEC) No 584/75 as regards the requirements for the release of the tendering security for export refunds on rice
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 1418/76 of 25 June 1976 on the common organization of the market in rice (1), as last amended by Regulation (EC) No 1869/94 (2), and in particular Article 17 thereof,
Whereas Article 2 of Commission Regulation (EEC) No 584/75 (3), as last amended by Regulation (EEC) No 409/90 (4), lays down the method by which tenders may be submitted; whereas that method could be improved as a result of modern means of telecommunication;
Whereas Article 7 of that Regulation lays down the requirements for the release of the tendering security; whereas if the tender is accepted, that security may be released without diminishing the effectiveness of the system in cases where the successful tenderer provides proof that the security required for issue of the export licence has been lodged;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals and Rice,