1.3.85 OfficialJournaloftheEuropeanCommunities NoL62/15
COMMISSION REGULATION (EEC)No521/85
of27February1985
fixingtheexportrefundsonoliveoil
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsandfats('),
aslastamendedbyRegulation(EEC)No231/85(2),
HavingregardtoCouncilRegulationNo171/67/EEC
of27June1967onexportrefundsandleviesonolive
oil(3),aslastamendedbyRegulation (EEC)No
2429/72(4),andinparticularthefirstsentenceof
Article7thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle20ofRegulationNo136/66/EEC
providesthat,wherepriceswithintheCommunityare
higherthanworldmarketprices,thedifference
betweenthesepricesmaybecoveredbyarefundwhen
oliveoilisexportedtothirdcountries;
Whereasthedetailedrulesforfixingandgranting
exportrefundsonoliveoilarecontainedinRegula­
tionsNo171/67/EECand(EEC)No616/72(■*),aslast
amendedbyRegulation (EEC)No2962/77(6);
WhereasArticle2ofRegulationNo171/67/EEC
providesthattherefundmustbethesameforthe
wholeCommunity ;
WhereasArticle3ofRegulationNo171/67/EEC
providesthatwhentherefundonoliveoilisbeing
fixedaccountmustbetakenof:
—theexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofoliveoilonthe
Communitymarketandpricesforoliveoilonthe
worldmarket,
—theaimsofthecommonorganization ofthe
marketinoliveoilwhicharetoensureequilibriumandthenaturaldevelopmentofpricesandtradeon
thismarket,
—theneedtoavoiddisturbancesontheCommunity
market,and
—theeconomicaspectoftheproposedexports;
Whereas,furthermore ,Article4ofRegulationNo
171/67/EECprovidesthatthesaidrefundmustbe
fixedinaccordancewiththefollowingcriteria:
—theoliveoilpricesinthemainproducingareasof
theCommunity ,
—themostfavourablequotationsrecordedonthe
variousmarketsofimportingthirdcountries,and
—themarketingcostsandthe'mostfavourabletrans­
portchargesfromCommunitymarketsinthe
mainproducingareastoportsorotherpointsof
exportintheCommunity ,aswellascostsincurred
inplacingthegoodsontheworldmarket;
WhereasArticle5ofRegulationNo171/67/EEC
providesthattherefundonoliveoilmaybevaried
accordingtodestinationwheretheworldmarketsitu­
ationorthespecificrequirements ofcertainmarkets
makethisnecessary;
WhereasArticle7ofRegulationNo171/67/EEC
providesthattherefundmustbefixedatleastonce
everymonth;whereasitmay,ifnecessary,bealtered
intheinterveningperiod;
Whereasitfollowsfromapplyingthesedetailedrules
tothepresentsituationonthemarketinoliveoiland
inparticulartooliveoilpriceswithintheCommunity
andonthemarketsofthirdcountriesthattherefund
shouldbeassetoutintheAnnexhereto;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2,25%,arateofexchangebasedon
theircentralrate,multipliedbythecoefficient
providedforinArticle2b(2)ofRegulation(EEC)
No974/71(7),aslastamendedbyRegulation(EEC)
No855/84(s),
0OJNoL106,12.5.1971,p.1.
(")OJNoL90,1.4.1984,p.1.(2)OJNoL26,31.1.1985,p.12.(')OJNo172,30.9.1966,p.3025/66.
(3)OJNo130,28.6.1967,p.2600/67.
(4)OJNoL264,23.11.1972,p.1.0OJNoL78,31.3.1972,p.1.
(6OJNoL348,30.12.1977,p.53.

NoL62/16 OfficialJournaloftheEuropeanCommunities 1.3.85
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent,andtheaforesaidcoeffi­
cient;HASADOPTED THISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1
(2)(c)ofRegulationNo136/66/EECshallbeassetout
intheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1March
1985.WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27February1985.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommission Regulationof27February1985fixingtheexportrefundson
oliveoil
(ECU/100kg,
CCTheadingNo Description Refund
15.07 Fixedvegetableoils,fluidorsolid,crude,refinedorpurified:
A Oliveoil:
I Untreated :
»
(a)Virginoliveoil:
Inimmediatepackingsofanetcapacityof5kgorless,fordestinationsmentionedin
Article5ofCommissionRegulation (EEC)No2730/79('),aswellasonexporttothird
countries 55,00
II Other:
(a)Obtainedbyprocessingoilsfallingwithinsubheading15.07AIa)or15.07AIb),
whetherornotblendedwithvirginoliveoil:
Inimmediatepackingsofanetcapacityof5kgorless,fordestinationsmentionedin
Article5ofCommissionRegulation(EEC)No2730/79('),aswellasonexporttothird
countries 65,00
(')OJNoL317,12.12.1979,p.1.