31974R2997

No L 319 /24 Official Journal of the European Communities 29 . 11 . 74

REGULATION (EEC) No 2997/74 OF THE COMMISSION of 28 November 1974 fixing the export refunds on rice and broken rice

THE COMMISSION OF THE EUROPEAN when the export refund on rice and broken rice is COMMUNITIES, being calculated ;

Having regard to the Treaty establishing the European Whereas the world market situation or the specific Economic Community ; requirements of certain markets may make it neces­ sary to vary the refund for certain products according Having regard to Council Regulation No 359/ to destination ; 67/EEC ( 1 ) of 25 July 1967 on the common organiza­ tion of the market in rice, as last amended by Regula­ Whereas the refund must be fixed once a week ; tion (EEC) No 11 29/74 (2), and in particular the first whereas it may be altered in the intervening period ; sentence of the fourth subparagraph of Article 17 (2) thereof ; Whereas, if the refund system is to operate normally, refunds should be calculated on the following basis : Having regard to the Opinion of the Monetary Committee ; — in the case of currencies which are maintained in Whereas Article 17 of Regulation No 359/ 67/EEC relation to each other, at any given moment, provides that the difference between quotations or within a band of 2"25 % , a rate of exchange based prices on the world market for the products listed in on their effective parity ; Article 1 of that Regulation and prices for those — for other currencies an exchange rate based on the products within the Community may be covered by arithmetic mean of the spot market rates of each an export refund ; of these currencies recorded for a given period, in relation to the Community currencies referred to Whereas Article 2 of Council Regulation No 366/ in the previous subparagraph ; 67/EEC (3) of 25 July 1967 laying down general rules for granting export refunds on rice and criteria for fixing the amount of such refunds, as amended by Whereas it follows from applying these rules and Regulation No 1019/67/EEC (4) provides that when criteria to the present situation on the market in rice refunds are being fixed account must be taken of the and in particular to quotations or prices for rice and existing situation and the future trend with regard to broken rice within the Community and on the world market that the refund should be fixed at the amounts prices and availabilities of rice and broken rice on the Community market on the one hand and prices for shown in the Annex to this Regulation ; rice and broken rice on the world market on the other ; whereas the same Article provides that it is also Whereas the measures provided for in this Regulation important to ensure equilibrium and the natural devel­ are in accordance with the Opinion of the Manage­ opment of prices and trade on the rice market and, ment Committee for Cereals, furthermore, to take into account the economic aspect of the proposed exports and the need to avoid distur­ bance of the Community market ; HAS ADOPTED THIS REGULATION : Whereas Regulation No 669/67/ EEC (5), as amended by Regulation (EEC) No 1057/68 (6) lays down the maximum percentage of broken rice allowed in rice Article 1 for which an export refund is fixed and specifies the percentage by which that refund is to be reduced The refunds on the products listed in Article 1 of where the proportion of broken rice in the rice Regulation No 359 / 67/ EEC with the exception of exported exceeds that maximum ; those listed in paragraph 1 (c) of that Article, exported in the natural state, are hereby fixed as shown in the Whereas Article 3 of Regulation No 366/67/EEC Annex to this Regulation . defines the specific criteria to be taken into account

(i) OJ No 174, 31 . 7. 1967, p. 1 . (2) OJ No L 128 , 10 . 5. 1974, p. 20 . Article 2 0 OJ No 174, 31 . 7 . 1967, p . 34. (4) OJ No 311 , 21 . 12. 1967, p . 13 . (») OJ No 241 , 5 . 10 . 1967, p . 6 . This Regulation shall enter into force on 1 December (6) OJ No L 179, 25. 7. 1968 , p. 31 . 1974 .

29 . 11 . 74 Official Journal of the European Communities No L 319 / 25

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

Done at Brussels, 28 November 1974. For the Commission P. J. LARDINOIS Member of the Commission

ANNEX

to the Commission Regulation of 28 November 1974 fixing the export refunds on rice and broken rice

(u.a. /100 kg)

CCT Amount of heading Description of goods refund No

10.06 Rice :

A. Paddy rice ; husked rice :

I

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 j

Î — ! b) Long grained

1 C. Broken rice : —

The amount by which the refunds may be increased pursuant to Article 1 of Regulation No 719/ 67/EEC is 0-20 u.a. / 100 kg.