NoL264/66 OfficialJournaloftheEuropeanCommunities 1.10.74
REGULATION (EEC)No2474/74OFTHECOMMISSION
of30September1974
fixingacompensatory amountforimportsofcertainoliveoilsoriginatinginor
comingfromSpain
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(')of22September1966ontheestablish­
mentofacommonorganizationofthemarketinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulationNo143/
67/EEC(3)of21June1967onthecompensatory
amountapplicabletoimportsofcertainvegetableoils,
aslastamendedbyRegulation (EEC)No2077/71(4),
andinparticularArticle6thereof;
Whereaspursuanttothesecondsubparagraph of
Article3(6)ofRegulationNo136/66/EEC,acompen­
satoryamountmaybechargedonimportsofoil
fallingwithinheadingNo15.07oftheCommon
CustomsTariff,excludingoliveoilotherthanthat
havingundergonearefiningprocessandfalling
withinsubheading 15.07AII,where,asaresultof
directorindirectsubsidiesorpremiumsgrantedbya
thirdcountryorofequivalentmeasures,theoffer
pricesforsuchoildonotcorrespondtotheprices
whichwouldprevailintheabsenceofsuchmeasures
orpracticesandwheresuchasituationcreatesoris
likelytocreateseriousproblemsforCommunity
productionoftheoilinquestion;
WhereasArticle 1ofRegulationNo143/67/EEC
providesinparticularthatwherepricesonimporta­
tionintotheCommunityofoliveoilsfallingwithin
subheading15.07AIoftheCommonCustomsTariff
are,asaresultofmeasureshavinganeffectequivalent
toasubsidyorpremium,inaratiotothepricesofthe
rawmaterialsfromwhichtheyhavebeenobtained
differingfromtheratiowhichwouldexistinthe
absenceofsuchmeasures,acompensatory amount
maybechargedonimportsoftheoilsoriginatingin
orcomingfromthatcountry;
Whereasforthepurposeofcalculatingthisratio,the
valueofoilcakeandprocessingcostsshallbetaken
intoaccount;
WhereasArticle2ofRegulationNo143/67/EEC
providesthatanybanonexports,anychargeonexportsoranyequivalentmeasureappliedtothe
productsfromwhichtheoilisobtained,isconsidered
tobeameasurehavingequivalenteffecttoapremium
orsubsidy;
Whereasoffersoflargequantitiesofoliveoilsfalling
withinsubheading15.07AI.oftheCommon
CustomsTarifforiginatinginorcomingfromSpain
ontheCommunitymarketatlowprices;whereas,
moreover,Spainappliesachargeonexportsofraw
materials,inaamountappreciablyhigherthanthatof
thechargeappliedontheoilsinquestion;
Whereas,inaccordancewithArticles 1and2ofRegu­
lationNo283/67/EEC,offersofoilsandrawmaterials
mustbeconvertedtothefobstage;
Whereas,thesecostsmust,pursuanttoArticle3of
Commission RegulationNo283/67/EEC(5)of11
July1967ondetailedrulesfortheapplicationofthe
compensatoryamountapplicabletoimportsofcertain
vegetableoils,asamendedbyRegulation (EEC)No
501/73(6),shouldbeestimatedonthebasisoffactors
whichreflectascloselyaspossibleconditions
prevailinginthatcountry;whereaspursuantto
Article4ofthatRegulation ,referencemustbemade,
forthepurposeofcalculatingtheaforesaidratio,to
theyieldsintheexportingcountryorinthecountry
oforigin;whereas,however,theymaybeestimated
onthebasisofknownaverageyieldsforthese
products;
Whereasthepresentpricesofimportsintothe
Communityofoliveoilsfallingwithinsubheading
15.07AIoftheCommonCustomsTarifforiginating
inorcomingfromSpainareappreciablylowerthan
thepricesatwhichthatoilmightbeofferedifithad
beenobtainedfromrawmaterialsatapricecorres­
pondingtothepriceatwhichrawmaterialsare
offeredintheCommunity ;whereasthereforethese
pricesare,astheresultofameasurehavinganeffect
equivalenttoasubsidyorpremiumtakenbySpain,in
aratiotothepricesoftherawmaterialsdifferentfrom
theratiowhichwouldexistintheabsenceofsucha
measure ;
WhereasthiscreatesseriousproblemsfortheCommu­
nityprocessingindustry,andwhereastheseproblems
couldbecomeworseinthefuture;whereasitthere­
foreappearsnecessarytofixacompensatory amount
forimportsofoliveoilfallingwithinsubheading(')OJNo172,30.9.1966,p.3025/66.
(-')O")NoL175,29.6.1973,p.5.
(■')O[No125,26.6.1967,p.2463/67.
HOJNoL220,30.9.1971,p.I.(3)OJNoLSI,13.7.1967,p.5.
(")OJNoL49,22.2.1973,p.IS.

1.10.74 OfficialJournaloftheEuropeanCommunities NoL264/67
15.07AIoftheCommonCustomsTarifforiginating
inorcomingfromSpain;
WhereaspursuanttoArticle3ofRegulationNo143/
67/EECsuchcompensatory amountmaynotexceed
theincidenceofthemeasuretakenbythatcountryon
thepriceratio;whereasthisincidencecorrespondsto
theaforesaidpricedisparity;
Whereas,inapplicationofArticle4ofRegulationNo
143/67/EEC,thisamountshouldapplytoanyoil
fallingwithinsubheading15.07AIoftheCommon
CustomsTariffforwhichapricedisparityhasbeen
recorded;
WhereastheManagementCommitteeforOilsand
Fatshasnotdeliveredanopinionwithinthetime
limitsetbyitsChairman,HASADOPTEDTHISREGULATION :
Article1
TheMemberStatesshallapplytoimportsofoliveoils
fallingwithinsubheading15.07AIoftheCommon
CustomsTariff,originatinginorcomingfromSpain,
inimmediatepackingsofanetcapacityofmorethan
20kg,acompensatoryamountequalto2u.a./lOOkg.
Article2
ThisRegulationshallenterintoforceontheday
followingitspublicationintheOfficialJournalof
theEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30September1974.
FortheCommission
ThePresident
Francois-Xavier ORTOLI