31976R1950
6 . 8 . 76 Official Journal of the European Communities No L 213/21
COMMISSION REGULATION (EEC) No 1950/76 of 5 August 1976 fixing the corrective amount applicable to the refund on rice and broken rice
THE COMMISSION OF THE EUROPEAN determined in accordance with Article 3 (2) of Regula COMMUNITIES , tion 1428/76 (4), based, in respect of each month for which the export licence is valid, on the cif price calculated on the basis of offers for shipment during Having regard to the Treaty establishing the European the month of exportation ; Economic Community, Whereas if the refund system is to operate normally, refunds should be calculated on the following basis : Having regard to Council Regulation (EEC) No 1418/76 of 21 June 1976 on the common organiza — in the case of currencies which are maintained in tion of the market in rice (J ), and in particular the second 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 on their effective parity ; Having regard to the opinion of the Monetary Committee, — for other currencies an exchange rate based on the arithmetic mean of the spot market rates of each of these currencies recorded for a given period, in relation to the Community currencies referred to Whereas the first subparagraph of Article 17 (4) of in the previous subparagraph ; Regulation ( EEC) No 1418/76 provides that the export refund applicable to rice and broken rice on the day on which application for an export licence is Whereas it follows from applying all these provisions made, adjusted for the threshold price which will be that the corrective amount applicable on 6 August in force during the month of exportation, must be 1976 must be fixed as shown in the table annexed to applied on request to exports to be effected during the this Regulation ; period of validity of the licence ;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Manage Whereas Regulation No 474/67/ EEC (2), as amended ment Committee for Cereals, by Regulation ( EEC) No 1397/68 (3), lays down detailed rules for the advance fixing of the export refund on rice and broken rice ;
HAS ADOPTED THIS REGULATION : 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 advance, be reduced by an amount no greater than the Article 1 difference between the cif forward delivery price and the cif price, where the former exceeds the latter by more than 0 25 unit of account per metric ton ; The corrective amount referred to in Article 17 (4) of whereas , on the other hand, the refund must be Regulation (EEC) No 1418/76 which is applicable to increased by an amount no greater than the difference the export refunds fixed in advance in respect of rice between the cif price and the cif forward delivery and broken rice is hereby fixed as shown in the table price, where the former exceeds the latter by more annexed to this Regulation . than 0-25 unit of account per metric ton ;
Whereas the cif price is that determined in accor Article 2 dance with Article 16 of Regulation (EEC) No 1418/76, whereas the cif forward delivery price is that This Regulation shall enter into force on 6 August 1976 . (>) OJ No L 166, 25. 6 . 1976, p. 1 . (2 ) OJ No 204, 24 . 8 . 1967 , p . 20 . (3) OJ No L 222, 10 . 9 . 1968 , p. 6 . (4) OJ No L 166, 25. 6. 1976, p. 30 .
No L 213/22 Official Journal of the European Communities 6 . 8 . 76
This Regulation shall be binding in its entirety and directly applicable in all Member States .
Done at Brussels, 5 August 1976.
For the Commission P. J. LARDINOIS Member of the Commission
ANNEX
to the Commission Regulation of 5 August 1976 fixing the corrective amount applicable to the refund on rice and broken rice
(u.a. / metric ton)
CCT Current 1st period 2nd period 3rd period 5th period 4th period heading Description of goods No 8 9 10 11 12 1
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 0 0 0 0 0 0 C. Broken rice — — — — — —