4.3.2004 Official Journal of the European Union L 66/33 COMMISSION REGULATION (EC) No 400/2004 of 3 March 2004 fixing the import duties in the rice sector THE COMMISSION OF THE EUROPEAN COMMUNITIES, (4)  The import duties are applicable until new duties are Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 3072/95 of 22 December 1995 on the common organisation of the market in rice (1), Having regard to Commission Regulation (EC) No 1503/96 of 29 July 1996 laying down detailed rules for the application of Council Regulation (EC) No 3072/95 as regards import duties in the rice sector (%), and in particular Article 4(1) thereof, Whereas: (1)  Article 11 of Regulation (EC) No 3072/95 provides that the rates of duty in the Common Customs Tariff are to be charged on import of the products referred to in Article 1 of that Regulation. However, in the case of the products referred to in paragraph 2 of that Article, the import duty is to be equal to the intervention price valid for such products on importation and increased by a certain percentage according to whether it is husked or milled rice, minus the cif import price provided that duty does not exceed the rate of the Common Customs Tarift duties. (2)  Pursuant to Article 12(3) of Regulation (EC) No 3072/ 95, the cif import prices are calculated on the basis of the representative prices for the product in question on the world market or on the Community import market for the product. (3)  Regulation (EC) No 1503/96 lays down detailed rules for the application of Regulation (EC) No 3072/95 as regards import duties in the rice sector. fixed and enter into force. They also remain in force in cases where no quotation is available from the source referred to in Article 5 of Regulation (EC) No 1503/96 during the two weeks preceding the next periodical fixing. (5)  In order to allow the import duty system to function normally, the market rates recorded during a reference period should be used for calculating the duties. (6)  Application of the second subparagraph of Article 4(1) of Regulation (EC) No 1503/96 results in an adjustment of the import duties that have been fixed as from 15 May 2003 by Commission Regulation (EC) No 832/ 2003 (°) as set out in the Annexes to this Regulation, HAS ADOPTED THIS REGULATION: Atrticle 1 The import duties in the rice sector referred to in Article 11(1) and (2) of Regulation (EC) No 3072/95 shall be adjusted in compliance with Article 4 of Regulation (EC) No 1503/96 and fixed in Annex I to this Regulation on the basis of the informa- tion given in Annex I Atticle 2 This Regulation shall enter into force on 4 March 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 3 March 2004. () OJ L 329, 30.12.1995, p. 18. Regulation as last amended by Regu- Jation (EC) No 411/2002 (OJ L 62, 5.3.2002, p. 27). () OJ L 189, 30.7.1996, p. 71. Regulation as last amended by Regu- lation (EC) No 2294/2003 (O] L 340, 24.12.2003, p. 12). For the Commission J. M. SILVA RODRIGUEZ Agriculture Director-General () OJ L 120, 15.5.2003, p. 15.