31974R2045

2 . 8 . 74 Official Journal of the European Communities No L 212/ 19

REGULATION ( EEC ) No 2045 / 74 OF THE COMMISSION of 1 August 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 (-') 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 2 August 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 ('), 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 Articlc 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 Articlc 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 2 August 1974 . grammes ;

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

Done at Brussels , 1 August 1974 . For the Commission P.J. LARDINOIS /Member of the Commission

(') OJ No 174, 31 . 7 . 1967, p. 1 . (-') OJ No L 7.3 , 27 . 3 . 1972, p. 14 . (3 ) 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 . (J) OJ No L 262, 3 . 12 . 1970 , p. 1 .

«o 'L 212/20 Official Journal of the European Communities 2. 8 . 74

ANNEX

to the Commission Regulation of 1 August 1974 fixing the corrective amount applicable to the'refund on rice and broken rice

(u.a. / 100 kg; 1st 2nd 3rd 4th 3th CCT Current heading Description of goods period period period period period No 8 9 10 11 12 1

0.0* Rice :

Λ . 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