17.7.76 OfficialJournaloftheEuropeanCommunities NoL193/5
COMMISSION REGULATION (EEC)No1720/76
of16July1976
fixingtheexportrefundsonfisheryproducts
sarytovarytherefundaccordingtothedestinationof
theproductsinquestion;
WhereasproductsofCommunityoriginwhichare
landed,directfromthefishinggrounds,inportssitu­
atedoutsidethecustomsterritoryoftheCommunity
donotqualifyforrefunds;
Whereaseconomicallyimportantquantitiesoffrozen
filletsofcodandofcoalfish,frozenwholemackerel
andofdriedandsaltedcodandcoalfishcanbe
exportedatthepresenttime;
Whereasitfollowsfromapplyingtheabovementioned
rulesandcriteriatothepresentsituationonthe
marketandinparticulartopricesforfisheryproducts
intheCommunityandontheworldmarketthatthe
refundshouldbefixedasshownintheAnnex;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmetic ,meanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
WhereastheManagementCommitteeforFishery
Productshasnotdeliveredanopinionwithinthetime
limitsetbyitsChairman,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
100/76of19January1976onthecommonorganiza­
tionofthemarketinfisheryproducts(!),andinparti­
cularthefourthindentofArticle23(2)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle23ofRegulation(EEC)No100/76
providesthat,totheextentnecessarytoenable
economicallyimportantexportsoftheproductslisted
inArticle1(2)ofthatRegulationtobeeffectedonthe
basisofpricesfortheseproductsontheworldmarket,
thedifferencebetweenthesepricesandpriceswithin
theCommunitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation(EEC)No
110/76of19January1976layingdowngeneralrules
forgrantingexportrefundsonfisheryproductsand
criteriaforfixingtheamountofsuchrefunds(2),
providesthatwhenrefundsarebeingfixedaccount
mustbetakenontheonehandoftheexistingsitua­
tionandthefuturetrendwithregardtopricesand
availabilitiesoffisheryproductsontheCommunity
marketandpricesforfisheryproductsontheworld
marketontheother;whereasaccountmustalsobe
takenofthecostsreferredtoin(c)ofthatArticleof
theeconomicsignificanceoftheproposedexports
andoftheaimsofthecommonorganizationofthe
marketinfisheryproducts;
WhereasArticle3ofRegulation(EEC)No110/76
providesthat,whenpricesontheCommunitymarket
arebeingdetermined ,accountmustbetakenofthe
rulingpriceswhicharemostfavourablefromthe
exportationpointofview;whereas,whenpriceson
theworldmarketarebeingdetermined,accountmust
betakenofthepricesindicatedinparagraph2ofthat
Article;
Whereastheworldmarketsituationorthespecific
requirementsofcertainmarketsmaymakeitneces­HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsreferredtoinArticle1(2)ofRegu­
lation(EEC)No100/76areherebyfixed-atthe
amountsshownintheAnnex.
Article2
(>)OJNoL20,28.1.1976,p.1.
(2)OJNoL20,28.1.1976,p.48.ThisRegulationshallenterintoforceon17July
1976.

NoL193/6 OfficialJournaloftheEuropeanCommunities 17.7.76
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,16July1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
(u.a./100kgnet)
CCT
heading
NoDescriptionofgoods Refund
03.01 Fish,fresh(liveordead),chilledorfrozen:
B.Saltwaterfish:
I.Whole,headlessorinpieces:
m)Mackerel:
2,bb)Frozen 300
11.Fillets:
b)Frozen:
1.Ofcod(GadusmorrhuaorGaduscallarías) 600
2.Ofcoalfish(PollachiusvirensorGadusvirens) 300
03.02 Fish,dried,saltedorinbrine,smokedfish,whetherornot
cookedbeforeorduringthesmokingprocess:
exA.I.b)Cod,driedandsalted,wholeheadlessorinpieces
ForexportstoBrazil,PuertoRico,Congo­
Brazzaville ,ZaireandVenezuela 1500
f)Coalfish,driedandsalted,whole,headlessorin
pieces
ForexportstoCongo-Brazzaville ,Zaire,Jamaica,
Trinidad,Barbados,WindwardandLeewardIslands,
Panama,SurinamandtheDominicanRepublic 15-00