31975R3299

No L 327/24 19 . 12 . 75 Official Journal of the European Communities

REGULATION ( EEC) No 3299/75 OF THE COMMISSION of 18 December 1975 fixing the corrective amount applicable to the refund on rice and broken rice

THE COMMISSION OF THE EUROPEAN mined in accordance with Article 3 (2) of Regulation COMMUNITIES, "v* No 365/67/EEC (5), as last amended by Regulation (EEC) No 2435/70 (6), based, in respect of each month Having regard to the Treaty establishing the European for which the export licence is valid, on the cif price Economic Community ; calculated on the basis of offers for shipment during Having regard to Council Regulation No 359/ the month of exportation ; 67/EEC ( 1) of 25 July 1967 on the common organiza­ Whereas if the refund system is to operate normally, tion of the market in rice, as last amended by Regula­ refunds should be calculated on the following basis : tion (EEC) No 668/75 (2), and in particular the first subparagraph of Article 1 7 (4) thereof ; — in the case of currencies which are maintained in relation to each other, at any given moment, Having regard to the Opinion of the Monetary within a band of 2-25 % , a rate of exchange based Committee ; on their effective parity ; Whereas the first subparagraph of Article 17 (4) of — for other currencies an exchange rate based on the Regulation No 359/67/EEC provides that the export arithmetic mean of the spot market rates of each refund applicable to rice and broken rice on the day of these currencies recorded for a given period, in on which application for an export licence is made, relation to the Community currencies referred to adjusted for the threshold price which will be in force in the previous subparagraph ; during the month of exportation, must be applied on request to exports to be effected during the period of Whereas it follows from applying all these provisions validity of the licence ; that the corrective amount applicable on 19 December 1975 must be fixed as shown in the table Whereas Regulation No 474/67/EEC (3), as amended annexed to this Regulation ; by Regulation (EEC) No 1397/68 (4), lays down detailed rules for the advance fixing of the export Whereas the measures provided for in this Regulation refund on rice and broken rice ; are in accordance with the Opinion of the Manage­ ment Committee for Cereals, Whereas that Regulation provides that the refund applicable on the day on which application for an export licence is made must, when it is fixed in HAS ADOPTED THIS REGULATION : advance, be reduced by an amount no greater than the difference between the cif forward delivery price and Article 1 the cif price, where the former exceeds the latter by The corrective amount referred to in Article 17 (4) of more than 0-25 unit of account per metric ton ; whereas, on the other hand, the refund must be Regulation No 359/67/EEC which is applicable to the export refunds fixed in advance in respect of rice and increased by an amount no greater than the difference broken rice is hereby fixed as shown in the table between the cif price and the cif forward delivery price, -where the former exceeds the latter by more annexed to this Regulation . than 0-25 unit of account per metric ton ; Article 2 Whereas the cif price is that determined in accor­ dance with Article 1 6 of Regulation No 359/67/EEC ; This Regulation shall enter into force on 19 whereas the cif forward delivery price is that deter­ December 1975 .

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

Done at Brussels, 18 December 1975 . For the Commission

P.J. LARDINOIS Member of the Commission

(') OJ No 174, 31 . 7. 1967, p. 1 . (2) OJ No L 72, 20. 3 . 1975, p. 18 . (3) OJ No 204, 24. 8 . 1967, p. 20. (5) OJ No 174, 31 . 7. 1967, p. 32. (4) OJ No L 222, 10 . 9 . 1968, p. 6. (6) OJ No L 262, 3 . 12. 1970, p. 1 .

19 . 12 . 75 No L 327 / 25 Official Journal of the European Communities

ANNEX

to the Commission Regulation of 18 December 1975 fixing the corrective amount appli­ cable to the refund on rice and broken rice

(u.a. / metric ton)

CCT Current 1st period 2nd period 3rd period 4th period 5th period heading Description of goods No 12 1 2 3 4 5

10.06 Rice : A. Paddy rice ; husked rice : I. Paddy rice : a) Round grain b) Long grain II . Husked rice : a) Round grain b) Long grain 0 0 0 0 0 0 B. Semi-milled or wholly milled rice : I. Semi-milled rice : a) Round grain b) Long grain II . Wholly milled rice : a) Round grain 0 0 0 0 0 0 b) Long grain C. Broken rice