31974R1081

3 . .5 . 74 Official Journal of the European Communities No L 121 / 25

REGULATION ( EEC) No 1081 / 74 OF THE COMMISSION of 2 May 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 (•') 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, and in particular the first subparagraph of Article 17 — in the case of currencies which are maintained in (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 during the month of exportation , must be applied on Whereas it follows from applying all these provisions request to exports to be effected during the period of that the corrective amount applicable on 3 May 1974 validity of the licence ; must be fixed as shown in the Table annexed to this Regulation ; Whereas Regulation No 474/67/ EEC (4 ), as amended by Regulation ( EEC) No 1397/68 (5), lays down Whereas the measures provided for in this Regulation detailed rules for the advance fixing of the export are in accordance with the Opinion of the Manage­ refund on rice and broken rice ; ment Committee for Cereals, 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 advance, be reduced by an amount no greater than the Article 1 difference between the cif forward delivery price and The corrective amount referred to in Article 17 (4) of the cif price, where the former exceeds the latter by Regulation No 359 /67/ EEC which is applicable to the more than 0.025 unit of account per 100 kilo­ export refunds fixed in advance in respect of rice and grammes ; whereas, on the other hand , the refund broken rice is hereby fixed as shown in the Table must be increased by an amount no greater than the annexed to this Regulation . difference between the cif price and the cif forward delivery price, where the former exceeds the latter by Article 2 more than 0.025 unit of account per 100 kilo­ grammes ; This Regulation shall enter into force on 3 May 1974.

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

Done at Brussels, 2 May 1974. 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 . (3) OJ No L 73 , 27. 3 . 1972, p . 5 . («) OJ No 204, 24 . 8 . 1967, p . 20 . (b) 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 .

No L 121 /26 Official Journal of the European Communities 3 . 5 . 74

ANNEX

to the Commission Regulation of 2 May 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 heeding Description of goods period period period period period No 5 6 7 9 10 8

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