31985R3623

No L 344/52 21 . 12 . 85 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 3623/85 of 20 December 1985 fixing the corrective amount applicable to the refund on rice and broken rice

THE COMMISSION OF THE EUROPEAN COMMUNITIES , 1428 /76 (*), 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 the month of exporta­ tion ; Having regard to the Treaty establishing the European 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 — in the case of currencies which are maintained in rela­ of 21 June 1976 on the common organization of the tion to each other at any given moment within a band market in rice ('), as last amended by Regulation (EEC) of 2,25 % , a rate of exchange based on their central No 1 025/84 (2), and in particular the second subparagraph of Article 17 (4) thereof, rate, multiplied by the coefficient provided for in Article 2b (2) of Regulation (EEC) No 974/71 (6), as last amended by Regulation (EEC) No 855/84 Q, — for other currencies, an exchange rate based on the Having regard to the opinion of the Monetary Committee, arithmetic mean of the spot market rates of each of these currencies recorded for a given period in rela­ tion to the Community currencies referred to in the Whereas the first subparagraph of Article 17 (4) of Regu­ previous indent, and the aforesaid coefficient ; lation (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 made, adjusted for the Whereas it follows from applying the provisions set out above that the corrective amount must be as set out in the threshold price which will be in force during the month of exportation, must be applied on request to exports to Annex hereto ; be effected during the period of validity of the licence ;

Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Whereas Regulation No 474/67/EEC (3), as amended by Committee for Cereals , Regulation (EEC) No 1397/68 (4), 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 appli­ cable 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 the cif price, Article 1 where the former exceeds the latter by more than 0,30 ECU per tonne ; whereas on the other hand, the refund must be increased by an amount no greater than the The corrective amount referred to in Article 17 (4) of difference between the cif price and the cif forward deli­ Regulation (EEC) No 1418/76 which is applicable to the very price, where the former exceeds the latter by more export refunds fixed in advance in respect of rice and than 0,30 ECU per tonne ; broken rice shall be as set out in the Annex hereto .

Whereas the cif price is that determined in accordance Article 2 with Article 16 of Regulation (EEC) No 1418/76 ; whereas the cif forward delivery price is that determined in accor­ dance with Article 3 (2) of Regulation (EEC) No This Regulation shall enter into force on 1 January 1986. (') OJ No L 166, 25. 6. 1976, p. 1 . O OJ No L 107, 19 . 4. 1984, p. 13 . 0 OJ No L 166, 25 . 6. 1976, p. 30 . (3) OJ No 204, 24. 8 . 1967, p. 20 . 0s) OJ No L 106, 12. 5. 1971 , p. 1 . (4) OJ No L 222, 10 . 9 . 1968 , p. 6. 0 OJ No L 90, 1 . 4. 1984, p . 1 .

21 . 12 . 85 No L 344/ 53 Official Journal of the European Communities

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

Done at Brussels, 20 -December 1985 . For the Commission Frans ANDRIESSEN Vice-President

ANNEX

to the Commission Regulation of 20 December 1985 fixing the corrective amount appli­ cable to the refund on rice and broken rice

(ECU/tonne) CCT Current 1st period 2nd period 3rd period heading Description No 1 2 3 4

ex 10.06 Rice : B. I. Paddy rice, husked rice : a) Paddy rice : — — — — 1 . Round grain — — — — 2. Long grain b) Husked rice : III

— — — — 1 . Round grain 0 0 0 0 2. Long grain II . Semi-milled or wholly milled rice : a) Semi-milled rice : — — — — 1 . Round grain — — — — 2. Long grain b) Wholly milled rice : || ||

— — — — 1 . Round grain 0 0 0 0 2. Long grain

— — — — III . Broken rice