NoL84/22 OfficialJournaloftheEuropeanCommunities1.4.77
COMMISSION REGULATION (EEC)No669/77
of31March1977
fixingtheexportrefundonoilseeds
WhereasArticle3ofRegulationNo142/67/EEC
providesthatwhentherefundisbeingcalculated
accountmustbetakenofpricesrulingonthevarious
Communitymarketswhicharerepresentative from
thepointofviewofprocessingandexportation ;the
mostfavourablequotationsrecordedonthevarious
marketsofimportingthirdcountriesandGreece,and
costsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundis
beingfixed,accountmustalsobetakenofthelevelof
marketpriceswithintheCommunityfortheoilseeds
referredtoinArticle21ofRegulationNo136/
66/EECandthefuturetrendoftheseprices;whereas,
furthermore ,accountshouldbetakenoftheeconomic
aspectoftheproposedexportsandthesituationinthe
Communityregardingthesupplyofanddemandfor
theseseeds;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganization ofthemarketinoilsand
fats(1),aslastamendedbyRegulation (EEC)No
1707/73('),
HavingregardtoCouncilRegulationNo162/66/EEC
of27October1966ontradeinoilsandfatsbetween
theCommunityandGreece(3),
WhereasArticle1ofCommissionRegulation (EEC)
No651/71of29March1971oncertaindetailedrules
fortheapplicationofexportrefundsonoilseeds(6),
providesthattheamountoftherefundmustbecalcu­
latedonthebasisoftheweightofexportedseeds;
whereasthisweightmustbeadjustedtotakeaccount
ofanydifferencesbetweenthepercentagesofmois­
tureandimpuritiesfoundtoexistandthoseusedto
definethestandardqualityforwhichthetargetprice
isfixed;whereas,whenthisadjustmentisbeing
made,theweightoftheexportedseedsmustbe
increasedbytheamountofthedifferencebetweenthe
actualmoistureandimpuritiescontentandthatused
todefinethestandardqualityiftheformerislower
thanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount ;HavingregardtoCouncilRegulationNo142/67/EEC
of21June1967onexportrefundsoncolza,rapeand
sunflowerseeds(4),aslastamendedbyRegulation
(EEC)No2429/72(5),andinparticularthefirst
sentenceofArticle2(3)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportsto
thirdcountriesofoilseedsharvestedwithinthe
Community ;whereastheamountofthisrefundmay
notexceedthedifferencebetweenpriceswithinthe
Communityandpricesontheworldmarketwhere
theformerarehigherthanthelatter;whereasArticle
21ofRegulationNo136/66/EECprovidesthat,at
present,Article28ofthatRegulationappliesonlyto
colza,rapeandsunflowerseeds;
WhereasArticle8ofRegulationNo162/66/EEC
providesthatArticle28ofRegulationNo136/
66/EECandmeasurestakeninapplicationthereof
apply,subjecttotheprovisionsoftheAgreementesta­
blishinganAssociationbetweentheEuropean
EconomicCommunityandGreece,totradebetween
theCommunityandGreece;Whereasthestandardqualityreferredtoaboveis
definedinAnnexIIItoCouncilRegulation (EEC)No
833/76of6April1976fixingcertainpricesandother
amountsapplicableinagricultureforthe1976/77
marketingyear(7);
WhereasArticle2ofRegulationNo142/67/EEC
providesthattherefundmaybevariedaccordingto
destinationwheretheworldmarketsituationorthe
specificrequirements ofcertainmarketsmakethis
necessary ;')O|No172,30.9.1966,p.3025/66.
-')0"|No1.175,29.6.1973,p.5.
l)OJNo197,29.10.1966,p.3393/66.
■>)0"|No125,26.6.1967,p.2461/67.
5)O'lNoL264,23.II.1972,p.1.(h)0|No1.75,30.3.1971,p.16.
(7)OjNoI.100,14.4.1976,p.12.

NoL84/23 1.4.77 OfficialJournaloftheEuropeanCommunities
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforOilsandFats,Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinoil
seeds,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
marketsofthirdcountriesandGreece,thattherefund
shouldbefixedattheamountsshownintheAnnex
tothisRegulationforthoseproductsforwhichthe
marketingyearhasalreadybegun;HASADOPTED THISREGULATION :
Article1
TherefundsontheproductsreferredtoinArticle21
ofRegulationNo136/66/EEC,exportedtothirdcoun­
triesandGreece,areherebyfixedasshowninthe
AnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon1April
1977.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31March1977.
FortheCommission
FinnGUNDELACH
Vice-President
AV.\7:'.Y
Refundapplicabletooilseedsfrom1April1977
(u.d./icok»)
CCI
heading Descriptionotgoods Refund
No
ex12.01
ex12.0!Colzaandrapeseed,otherthanforsowing
Sunflowerseed,otherthanforsowing3-00