31973R2708

5 . 10 . 73 No L 279 / 17 Official Journal of the European Communities

REGULATION ( EEC) No 2708 / 73 OF THE COMMISSION of 4 October 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/EEC (') 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, — in the case of currencies which are maintained in and in particular the first subparagraph of Article 17 (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 Whereas it follows from applying all these provisions during the month of exportation , must be applied on that the corrective amount applicable on 5 October request to exports to be effected during the period of 1973 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 Whereas the measures provided for in this Regulation by Regulation ( EEC) No 1 397/68 (5 ), lays down are in accordance with the Opinion of the Manage­ detailed rules for the advance fixing of the export ment Committee for Cereals ; refund on rice and broken rice ;

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 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 5 October 1973 . • grammes ;

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

Done at Brussels , 4 October 1973 .

/•'or the Commission P. J. LARDINOIS Alan ha ' of the Commission

(') O ) No 174, 3 1 . 7 . 1967 , p. I. (: ) OJ No I. ?3 , 27 . 3 . 1972, p. 14. (J ) 0"[ No L 73, 27 . 3 . 1972, p. 5 . ' (4) O") No 204, 24. X. 1967, p. 20 . (") OJ No 174, 31 . 7 . 1967 , p . 32 . (5) O J No L 111, 10. 9 . 1968 , p. 6. r) OJ No L 262, 3 . 12. 1970 , p. I.

No L 279 / 18 Official Journal of the European Communities 5 . 10 . 73

ANNEX

to the Commission Regulation of 4 October 1973 altering the corrective amount applicable to the refund on rice and broken rice

(u.a. /100 kg ) 1st 2nd 3rd 4th 5 th CCT Current period period period period period heading Description of goods No 10 11 12 1 2 3

10 . 06 Rice :

A. Paddy rice ; husked rice : i I. Paddy rice : a ) Round grained b) Long grained H. Husked rice : a ) Round grained b) Long grained

R. Semi-milled or wholly milled rice : I. Semi-milled rice : a) Round grained b ) Long grained IF . Wholly milled rice : a) Round grained b) Long grained

C. Broken rice