NoL51/24 OfficialJournaloftheEuropeanCommunities 24.2.73
REGULATION (EEC)No540/73OFTHECOMMISSION
of23February1973
alteringthecompensatory amountforimportsofcertainoliveoiloriginatinginor
comingfromSpain
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(*)of22September1966ontheestablish­
mentofacommonorganizationofthemarketin
oilsandfats,aslastamendedbytheAct(2)
annexedtotheTreaty(3)concerningtheAccession
ofnewMemberStatestotheEuropeanEconomic
CommunityandtheEuropeanAtomicEnergy
CommunitysignedatBrusselson22January1972;
HavingregardtoCouncilRegulationNo143/
67/EEC(4)of21June1967onthecompensatory
amountapplicabletoimportsofcertainvegetable
oils,aslastamendedbyRegulation (EEC)No
2077/71(5)andinparticularArticle6thereof;
Whereaspursuanttothesecondsubparagraph of
Article3(6)ofRegulationNo136/66/EEC,a
compensatory amountmaybechargedonimports
ofoilfallingwithinheadingNo15.07ofthe
CommonCustomsTariff,excludingoliveoilother
thanthathavingundergonearefiningprocessand
fallingwithinsubheadingNo15.07AII,where,as
aresultofdirectorindirectsubsidiesorpremiums
grantedbyathirdcountryorofequivalent
measures,theofferpricesforsuchoildonotcorres­
pondtothepriceswhichwouldprevailinteh
absenceofsuchmeasuresorpracticesandwhere
suchasituationcreatesorislikelytocreateserious
problemsforCommunityproductionoftheoilin
question;
WhereasArticle1ofRegulationNo143/67/EEC
providesinparticularthatwherepricesonimporta­
tionintotheCommunityofoliveoilsfallingwithin
subheadingNo15.07AIoftheCommonCustoms
Tariffare,asaresultofmeasureshavinganeffect
equivalenttoasubsidyorpremium,inaratioto
thepricesoftherawmaterialsfromwhichthey
havebeenobtaineddifferingfromtheratiowhich
wouldexistintheabsenceofsuchmeasures,a
compensatory amountmaybechargedonimportsoftheoilsoriginatinginorcomingfromthatcoun­
try;
Whereasforthepurposeofcalculatingthisratio,
thevalueofoilcakeandprocessingcostsshallbe
takenintoaccount;
WhereasArticle2ofRegulationNo143/67/EEC
providesthatanybanonexports,anychargeon
exportsoranyequivalentmeasureappliedtothe
productsfromwhichtheoilisobtained,isconsid­
eredtobeameasurehavingequivalenteffecttoa
premiumorsubsidy;
Whereasoffersoflargequantitiesofoliveoilfalling
withinsubheadingNo15.07AIoftheCommon
CustomsTarifforiginatinginorcomingfromSpain
ontheCommunitymarketatlowprices;whereas,
moreover,Spainappliesachargeonexportsofraw
materials,inaamountappreciablyhigherthanthat
ofthechargeappliedontheoilsinuestion;
Whereas,inaccordancewithArticles1and2of
RegulationNo283/67/EEC,offersofoilsandraw
materialsmustbeconvertedtothefobstage;
Whereas,thesecostsmust,pursuanttoArticle3of
CommissionRegulationNo283/67/EEC(6)of11
July1967ondetailedrulesfortheapplicationof
thecompensatory amountapplicabletoimportsof
certainvegetableoils,asamendedbyRegulation
(EEC)No501/73(7),shouldbeestimatedonthe
basisoffactorswhichreflectsascloselyaspossible
conditionsprevailinginthatcountry;whereas
pursuanttoArticle4ofthatRegulation,reference
mustbemade,forthepurposeofcalculatingthe
aforesaidratio,totheyieldsinthexportingcountry
orinthecountryoforigin;whereas,however,they
maybeestimatedonthebasisofknownaverage
yieldsfortheseproducts;
Whereasthepresentpricesofimportsintothe
Communityofoliveoilfallingwithinsubheading
No15.07AIoftheCommonCustomsTarifforigi­
natinginorcomingfromSpainareappreciably
lowerthanthepricesatwhcihtahtoilmightbe
(t)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL73,27.3.1972,p.14.
(3)OJNoL73,27.3.1972,p.5.
HOJNo125,U.6.1967,p.2463/67.
(»)OJNoL220,30.9.1971,p.1.(•)OJNo151,13.7.1967,p.5.
(7)OJNoL49,22.2.1973,p.18.

24.2.73 OfficialJournaloftheEuropeanCommunities NoL51/25
offeredifithadbeenobtainedfromrawmaterials
atapricecorresponding tothepriceatwhichraw
materialsareofferdintheCommunity ;whereas
thereforethesepricesare,astheresuItofameasure
havinganeffectequivalenttoasubsidyorpremium
takenbySpain,inaratiotothepricesoftheraw
materialsdifferentformtheratiowhichwouldexist
intheabsenceofsuchameasure;
Whereasthiscreatesseriousproblemsforthe
Communityprocessingindustry,andwhereasthese
problemscouldbecomeworseinthefuture;
whereasitthereforeappearsnecessarytofixa
compensatory amountforimportsofoliveoil
fallingwithinsubheadingNo15.07AIofthe
CommonCustomsTarifforiginatinginorcoming
fromSpain;
WhereaspursuanttoArticle3ofRegulationNo
143/67/EECsuchcompensatory amountmaynot
exceedtheincidenceofthemeasuretakenbythat
countryonthepriceratio;whereasthisincidence
corespondstotheaforesaidpricedisparity;
Whereas,inapplicationofArticle4ofRegulation
No143/67/CEE,thisamountshouldapplytoany
oilfallingwithinsubheadingNo15.07AIofthe
CommonCustomsTariffforwhichaprice
disparityhasbeenrecorded;
WhereasRegulation (EEC)No502/73(*)hasfixed
acompensatory amountforimportsofcertainoliveoiloriginatinginorcomingfromSpain;whereas
sincetheadoptionofthisRegulationitappearsthat
applicationoftherulessetoutabovetotheprice
disparityestablishedbytheCommissionwarrants
analterationofthecompensatory amountfixedby
Regulation (EEC)No502/73.
WhereastheManagement CommitteeforOilsand
Fatshasnotdeliverdanopinionwithinthetime
limitsetbyitsChairman;
HASADOPTED THISREGULATION :
Article1
TheMemberStatesshallapplytoimportsofolive
oilsfallingwithinsubheadingNo15.07AIofthe
CommonCustomsTariff,originatinginorcoming
fromSpain,acompensatoryamountequalto:
—14u.a./lOOkgforoilinimmediatepackingsof
anetcapacitynotexceeding0-916kg;
—6u.a./lOOkgforoilinimmediatepackingsofa
netcapacityofmorethan0-916kgbutnotex­
ceeding5kg.
Article2
ThisRegulationshallenterintoforceon25February
1973.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,23February1973.
FortheCommission
ThePresident
Francois-Xavier ORTOLI
(!)OJNoL49,22.2.1973,p.20.