31978R1589

8 . 7 . 78 No L 186/ 15 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 1589/78 of 7 July 1978 fixing the corrective amount applicable to the refund on rice and broken rice

THE COMMISSION OF THE EUROPEAN 1418/76 ; whereas the cif forward delivery price is that COMMUNITIES, determined in accordance with Article 3 (%) of Regula­ tion (EEC) No 1428/76 (5), based, in respect of each month for which the export licence is valid, on the cif Having regard to the Treaty establishing the European price calculated on the basis of offers for shipment Economic Community, during the month of exportation ;

Whereas, if the refund system is to operate normally, Having regard to Council Regulation (EEC) No refunds should be calculated on the following basis : 1418/76 of 21 June 1976 on the common organiza­ tion of the market in rice (*), as last amended by Regu­ — in the case of currencies which are maintained in lation (EEC) No 1126/78 (2), 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 Whereas the first subparagraph of Article 17 (4) of relation to the Community currencies referred to Regulation (EEC) No 1418/76 provides that the in the previous subparagraph ; 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 8 July 1978 in force during the month of exportation, must be must be fixed as shown in the table annexed to this applied on request to exports to be effected during the Regulation ; period of validity of the licence ;

Whereas the measures provided for in this Regulation Whereas Regulation No 474/67/EEC (3), as amended are in accordance with the opinion of the Manage­ by Regulation (EEC) No 1397/68 (4), lays down ment Committee for Cereals, detailed rules for the advance fixing of the export 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 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 more than 0-25 unit of account per tonne ; whereas, on the other hand, the refund must be increased by The corrective amount referred to in Article 17 (4) of an amount no greater than the difference between the Regulation (EEC) No 1418/76 which is applicable to cif price and the cif forward delivery price, where the the export refunds fixed in advance in respect of rice former exceeds the latter by more than 0-25 unit of and broken rice is hereby fixed as shown in the table account per tonne ; annexed to this Regulation.

Whereas the cif price is that determined in accor­ Article 2 dance with Article 16 of Regulation (EEC) No

(») OJ No L 166, 25. 6. 1976, p. 1 . This Regulation shall enter into force on 8 July 1978 . (2) OJ No L 142, 30 . 5. 1978 , p. 23 . (3) OJ No 204, 24. 8 . 1967, p. 20. (4) OJ No L 222, 10. 9 . 1968 , p. 6. (5) OJ No L 166, 25. 6. 1976, p. 30 .

No L 186/ 16 8 . 7. 78 Official Journal of the European Communities

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

Done at Brussels, 7 July 1978 . For the Commission

Finn GUNDELACH Vice-President

ANNEX

to the Commission Regulation of 7 July 1978 fixing the corrective amount applicable to the refund on rice and broken rice (u.a. / tonne)

OCT Current 1st period 2nd period 3rd period 4th period 5th period heading Description No 7 8 9 10 11 12

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 b) Long grain 0 0 0 0 0 0 C. Broken rice — __ — — — —