31973R1288

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No L 131 / 16 Official Journal of the European Communities 18 . 5. 73

REGULATION ( EEC) No 1288 /73 OF THE COMMISSION of 17 May 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 Economic Community ; mined in accordance with Article 3 (2) of Regulation No 365/67/ EEC (6), as last amended by Regulation Having regard to Council Regulation No (EEC) No 2435/70 (7), based, in respect of each month 359/67/ EEC (') of 25 July 1967 on the common organ­ for which the export licence is valid, on the cif price ization 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 Community and the European Atomic Energy Whereas, if the refund system is to operate normally, Community, signed at Brussels on 22 January 1972, refunds should be calculated on the basis of an and in particular the first subparagraph of Article 17 exchange rate which is based, in the case of currencies (4) thereof ; which are floating or whose central rate differs from the official parity, on the effective rate or the central Having regard to the Opinion of the Monetary Committee ; rate of these currencies and, in the case of the US dollar, on the change in parity announced on 13 Whereas the first subparagraph of Article 17 (4) of February 1973 ; Regulation No 359/67/ EEC provides that the export refund applicable to rice and broken rice on the day Whereas it follows from applying all these provisions­ on which application for an export licence is made, that the corrective amount applicable on 18 May 1973 adjusted for the threshold price which will be in force must be fixed as shown in the Table annexed to this during the month of exportation, must be applied on Regulation ; request to exports to 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 Manage­ Whereas Regulation No 474/ 67/ EEC (4), as amended ment Committee for Cereals ; by Regulation ( EEC) No 1397/ 68 (5), lays down 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 Article 1 export licence is made must, when it is fixed in advance, be reduced by an amount no greater than the The corrective amount referred to in Article 17 (4) of difference between the cif forward delivery price and Regulation No 359/67/EEC which is applicable to the the cif price, where the former exceeds the latter by export refunds fixed in advance in respect of rice and more than 0-025 unit of account per 100 kilo­ broken rice is hereby fixed as shown in the Table grammes ; whereas, on the other hand, the refund annexed to this Regulation . must be increased by an amount no greater than the difference between the cif price and the cif forward Article 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 18 May 1973 . grammes ;

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 17 May 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. O OJ No L 73 , 27. 3 . 1972, p . 5. (4) OJ No 204, 24 . 8 . 1967, p . 20 . (6) 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 .

18 . 5 . 73 Official Journal of the European Communities No L 131 / 17

ANNEX

to the Commission Regulation of 17 May 1973 fixing the corrective amount applicable to the refund on rice and broken rice

{u.a. /lOO kg) 1st 2nd 3rd 4th 5th CCT Current heading Description of goods period period period period period No 5 6 7 8 9 10

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 — — — — — —