NoL89/20 OfficialJournaloftheEuropeanCommunities 1.4.87
COMMISSION REGULATION (EEC)No921/87
of31March1987
fixingtheexportrefundsonoilseeds
thanthelatter;whereasArticle21ofRegulationNo
136/66/EECprovidesthat,atpresent,Article28ofthat
Regulationappliesonlytocolza,rapeandsunflower
seeds;
Whereastherefundforcolzaandrapeseedsproducedin
SpainorPortugalisadjustedinaccordancewithCouncil
Regulation(EEC)No478/86(u);
WhereasArticle3ofRegulationNo142/67/EECprovides
thatwhentherefundisbeingcalculatedaccountmustbe
takenofpricesrulingonthevariousCommunitymarkets
whicharerepresentativefromthepointofviewofproces­
singandexportation ;themostfavourablequotations
recordedonthevariousmarketsofimportingthirdcoun­
triesandcostsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundisbeing
fixed,accountmustalsobetakenofthelevelofmarket
priceswithintheCommunityfortheoilseedsreferredto
inArticle21ofRegulationNo136/66/EECandthe
futuretrendoftheseprices;whereas,furthermore ,
accountshouldbetakenoftheeconomicaspectofthe
proposedexportsandthesituationintheCommunity
regardingthesupplyofanddemandfortheseseeds;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats(1),aslast
amendedbyRegulation(EEC)No1454/86(2),
HavingregardtoCouncilRegulationNo142/67/EECof
21June1967onexportrefundsoncolza,rapeand
sunflowerseeds(3),aslastamendedbyRegulation(EEC)
No2429/72(4),andinparticularthefirstsentenceof
Article2(3)thereof,
HavingregardtoCouncilRegulation(EEC)No1678/85
of11June1985fixingtheconversionratestobeapplied
inagriculture(*),aslastamendedbyRegulation(EEC)No
409/87(%
HavingregardtoCouncilRegulation(EEC)No1569/72
of20July1972layingdownspecialmeasuresforcolza,
rapeandsunflowerseedQ,aslastamendedbyRegulation
(EEC)No1474/84(8),andinparticularArticle2(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereasthetargetpriceandthemonthlyincreasesinthe
targetpriceforcolza,rapeandsunflowerseedforthe
1986/87marketingyearwerefixedbyCouncilRegula­
tions(EEC)No1457/860and(EEC)No1458/86(10);
WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportstothird
countriesofoilseedsharvestedwithintheCommunity ;
whereastheamountofthisrefundmaynotexceedthe
differencebetweenpriceswithintheCommunityand
pricesontheworldmarketwheretheformerarehigherWhereas,intheabsenceofatargetpriceforcolzaand
rapeforthe1987/88marketingyear,incasesofadvance
fixingforJuly,AugustandSeptember1987oftherefund
ontheseproductsithasbeenpossibleonlytomakea
provisionalcalculationusingthetargetpriceproposedby
theCommission totheCouncilforthe1987/88marke­
tingyear;whereasthereforesuchrefundamountsmust
beappliedonlyprovisionallyandconfirmedoraltered
whenthetargetpriceforthe1987/88marketingyearis
known:
Whereastheestimatedproductionofcolzaandrapeseed
forthe1987/88marketingyearhasnotbeenfixed;
whereastheamounttobedeductedwhereappropriate,
fromthesubsidyincompliancewiththesystemof
maximumguaranteedquantitiesreferredtoinArticle27a
ofRegulationNo136/66/EECanditseffectonthe
amountoftherefundcouldthereforenotbedetermined ;
whereastheamountsoftherefundshouldthereforeonly
beappliedonatemporarybasisandshouldbeconfirmed
orreplacedoncetheeffectsofthesystemofmaximum
guaranteedquantitiesforrapeseedareknown;(')OJNo172,30.9.1966,p.3025/66.0OJNoL133,21.5.1986,p.8.
(3)OJNo125,26.6.1967,p.2461/67.
(4)OJNoL264,23.11.1972,p.1.ÒOJNoL164,24.6.1985,p.11.
(«)OJNoL44,13.2.1987,p.1.f)OJNoL167,25.7.1972,p.9.
(8)OJNoL143,30.5.1984,p.4.
OOJNoL133,21.5.1986,p.12.
10)OJNoL133,21.5.1986,p.14. (")OJNoL53,1.3.1986,p.55.

1.4.87 OfficialJournaloftheEuropeanCommunities NoL89/21
WhereasArticle1ofCommissionRegulation(EEC)No
651/71of29March1971oncertaindetailedrulesforthe
applicationofexportrefundsonoilseeds(')aslast
amendedbyRegulation(EEC)No1815/84(2),provides
thattheamountoftherefundmustbecalculatedonthe
basisoftheweightofexportedseeds;whereasthisweight
mustbeadjustedtotakeaccountofanydifferences
betweenthepercentagesofmoistureandimpuritiesfound
toexistandthoseusedtodefinethestandardqualityfor
whichthetargetpriceisfixed;whereas,whenthisadjust­
mentisbeingmade,theweightoftheexportedseeds
mustbeincreasedbytheamountofthedifference
betweentheactualmoistureandimpuritiescontentand
thatusedtodefinethestandardqualityiftheformeris
lowerthanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount:
Whereasthestandardqualityreferredtoabovewas
definedinArticle2ofCouncilRegulation(EEC)No
1102/84(14);currencyoftheMemberStateconcernedandthe
centralrateofeachofthecurrenciesofthe
MemberStatesreferredtoin(a),and
—thespotmarketrateforthecurrencyofthe
MemberStateinquestioninrelationtoeachof
thecurrenciesoftheMemberStatesreferredtoin
(a),asrecordedoveraperiodtobedetermined ;
Whereas,however,pursuanttoArticle2aofRegulation
(EEC)No1569/72,themonetarydisparityforthemarke­
tingyears1984/85to1986/87willbecalculatedbya
methodwhichtakesintoaccountacoefficientappliedto
theconversionrateresultingfromthecentralrate;
whereasCommissionRegulation(EEC)No91/87(6)fixed
thecoefficient ;
WhereaspursuanttoArticle2(2)ofRegulation(EEC)No
1569/72forwarddifferentialamountsaretobedeter­
minedwheretheforward!exchangerateforoneormore
currenciesdiffersfromthespotratebyatleastagiven
percentage;whereasthispercentagehasbeenfixedat0,5
byRegulation(EEC)No1813/84;
WhereasRegulation(EEC)No1813/84specifiesthespot
andforwardexchangeratesandtheperiodtobeusedfor
calculatingthedifferentialamounts;whereasincases
where,foroneormoremonths,quotationsofforward
exchangeratesarenotavailable,theratesadoptedforthe
previousmonthsorthefollowingmonths,asthecasemay
be,mustbeused;
Whereasitfollowsfromapplyingtheseprovisionstothe
currentsituationoftheoil-seedsmarketandtotherates
orpricesoftheseproductsthat,pursuanttoArticle4of
Regulation(EEC)No651/71,theamountoftherefundin
ECUandtheamountofthefinalrefundineachofthe
nationalcurrenciesmust,inthecaseofcolzaandrape
seed,befixedinaccordancewiththeAnnextothisRegu­
lation;whereasitisnotnecessarytofixarefundfor
sunflowerseed;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,WhereasArticle2ofRegulationNo142/67/EECprovides
thattherefundmaybevariedaccordingtodestination
wheretheworldmarketsituationorthespecificrequire­
mentsofcertainmarketsmakethisnecessary;
WhereasArticle4ofRegulation(EEC)No651/71
providesforthepublicationoftheamountofthefinal
refundobtainedfromtheconversionintoeachofthe
nationalcurrenciesoftheamountoftherefundinECU
plusorminusthedifferentialamount;whereasArticle1
ofCommissionRegulation(EEC)No1813/84(4),aslast
amendedbyRegulation(EEC)No3891/86Q,definedthe
elementswhichdeterminethedifferentialamounts;
whereastheseelementsareequaltotheincidenceonthe
targetpriceortherefundofthecoefficientderivedfrom
thepercentagereferredtoinArticle2(1)ofRegulation
(EEC)No1569/72;whereas,accordingtotheseprovi­
sions,thispercentagerepresents :
(a)forthoseMemberStateswhosecurrenciesaremain­
tainedasbetweenthemselveswithinaspreadatany
givenmomentof2,25%,thedifferencebetween:
—theconversionrateusedunderthecommonagri­
culturalpolicy,and
—theconversionrateresultingfromthecentralrate,
(b)fortheotherMemberStates,thedifferencebetween:
—therelationshipbetweentheconversionrateused
underthecommonagriculturalpolicyfortheHASADOPTEDTHISREGULATION :
Article1
1.Inthecaseofcolzaandrapeseed,theamountsof
therefundreferredtoinArticle4(1)ofRegulation(EEC)
No651/71shallbeassetoutintheAnnexhereto.(')OJNoL75,30.3.1971,p.16.
2)OJNoL170,29.6.1984,p.46.
(3)OJNoL113,28.4.1984,p.8.(jOJNoL170,29.6.1984,p.41.
OOJNoL361,20.12.1986,p.27. OOJNoL13,15.1.1987,p.13.

NoL89/22 OfficialJournaloftheEuropeanCommunities 1.4.87
2.Incasesofadvancefixingoftherefundoncolzaand
rapeseedforJuly,AugustandSeptember1987the
amountwillhoweverbeconfirmedoralteredwitheffect
from1April1987onthebasisofthetargetpriceand
connectedmeasuressetfortheseproductsforthe1987/88
marketingyearforcolzaandrapeseed.
3.Incasesofadvancefixingoftherefundoncolzaand
rapeseedforJuly,AugustandSeptember1987,the
amountshallhoweverbeconfirmedoralteredwitheffect
from1April1987totakeaccount,whereappropriate,oftheeffectsoftheapplicationofthesystemofmaximum
guaranteedquantitiesforcolzaandrapeseed.
4.Thereshallbenorefundonsunflowerseed.
Article2
ThisRegulationshallenterintoforceon1April1987.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31March1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof31March1987fixingtheexportrefundsoncolza
andrapeseed
(amountsper100kilograms)
Current
month2ndmonth 3rdmonth4thmonth(')5thmonth(')6thmonth(')'
1.Grossrefunds(ECU):
—Spain
—Portugal
—otherMemberStates29,980
35,500
35,50029,980
35,500
35,50029,980
35,500
35,50025,502
30,282
30,28225,502
30,282
30,28225,502
30,282
30,282
2.Finalrefunds:
Seedsharvestedandexportedfrom:
—FederalRepublicofGermany(DM)
—Netherlands (Fl)
—BLEU(Bfrs/Lfrs)
—France(FF)
—Denmark(Dkr)
—Ireland(£Irl)
—UnitedKingdom(£)
—Italy(Lit)
—Greece(Dr)
—Spain(Pta)
—Portugal(Esc)85,68
96,54
1657,09
242,04
298,75
26,550
19,726
53038
3351,27
4982,20
4110,9685,68
96,54
1657,09
242,04
298,75
26,550
19,726
53036
3329,16
4977,28
4110,9685,70
96,54
1657,09
241,81
298,75
26,548
19,726
52915
3302,97
4945,09
4110,9673,34
82,62
1411,93
204,33
254,19
22,314
16,454
45008
2680,81
4142,78
3429,8873,34
82,62
1411,93
204,33
254,19
22,314
16,454
45008
2680,81
4142,78
3429,8873,63
82,91
1407,53
204,96
252,55
22,227
16,340
44778
2619,45
4100,73
3401,16
(')SubjecttotheamounttobedeductedinaccordancewiththesystemofguaranteedmaximumquantitiesandtheCouncilDecisionregardingpricesandrelated
measuresforthe1987/88marketingyear.