31974R0187

No L 21 / 22 Official Journal of the European Communities 25 . 1 . 74

REGULATION ( EEC) No 187 /74 OF THE COMMISSION of 24 January 1974 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 25 January request to exports to be effected during the period of 1974 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 1397/ 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 1 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 25 January grammes ; 1974 .

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

Done at Brussels, 24 January 1974. For the Com mission 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 . (3) OJ No L 73 , 27 . 3 . 1972, p. 5 . (4) OJ No 204, 24. 8 . 1967, p. 20 . (o) 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 .

25 . 1 . 74 Official Journal of the European Communities No L 21/23

ANNEX

to the Commission Regulation of 24 January 1974 fixing the corrective amount applicable to the refund on rice and broken rice

(u.a./100 kg)

1st 2nd 3rd 4th 5th CCT Current heading Description of goods period period period period period No 1 1 3 4 J 6

10.06 Rice :

A. Paddy rice ; husked rice :

i. Paddy rice : — — — — — — a ) Round grained — — — — — — b ) Long grained 11 . Husked rice : ~ — — — — — a ) Round grained — — — — — — h ) Long grained

. B. Semi-milled or wholly milled rice : I. Semi-milled rice : a ) Round grained — — — _ — b ) Long grained — — — — _ 11 . Wholly milled rice : | a ) Round grained — — — — — b ) Long grained — — — — — —

C. Broken rice — — — — — —