L248/14 EN OfficialJournaloftheEuropeanCommunities 11.9.97
COMMISSION REGULATION (EC)No1760/97
of10September1997
fixingtheexportrefundsonoliveoil
refundandmaybelimitedtocertaincountriesofdes­
tination,quantities,qualitiesandpresentations ;
WhereasthesecondindentofArticle3(3)ofRegulation
No136/66/EECprovidesthattherefundonoliveoil
maybevariedaccordingtodestinationwheretheworld
marketsituationorthespecificrequirements ofcertain
marketsmakethisnecessary;
Whereastherefundmustbefixedatleastonceevery
month;whereasitmay,ifnecessary,bealteredinthe
interveningperiod;
Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinoliveoilandin
particulartooliveoilpriceswithintheCommunityand
onthemarketsofthirdcountriesthattherefundshould
beassetoutintheAnnexhereto;
Whereastherepresentative marketratesdefinedin
Article1ofCouncilRegulation(EEC)No3813/92(5),as
lastamendedbyRegulation(EC)No150/95(6),areused
toconvertamountsexpressedinthirdcountrycurrencies
andareusedasthebasisfordeterminingtheagricultural
conversionratesoftheMemberStates'currencies;
whereasdetailedrulesontheapplicationanddetermina­
tionoftheseconversionsweresetbyCommissionRegu­
lation(EEC)No1068/93Q,aslastamendedbyRegula­
tion(EC)No1482/96(8);
WhereastheManagementCommitteeforOilsandFats
hasnotdeliveredanopinionwithinthetimelimitsetby
itschairman,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
Community ,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation (EC)No1581/96(2),andin
particularArticle3(3)thereof,
WhereasArticle3ofRegulationNo136/66/EEC
providesthat,wherepriceswithintheCommunityare
higherthanworldmarketprices,thedifferencebetween
thesepricesmaybecoveredbyarefundwhenoliveoilis
exportedtothirdcountries;
Whereasthedetailedrulesforfixingandgrantingexport
refundsonoliveoilarecontainedinCommissionRegu­
lation(EEC)No616/72(3),aslastamendedbyRegulation
(EEC)No2962/77(4);
WhereasArticle3(3)ofRegulationNo136/66/EEC
providesthattherefundmustbethesameforthewhole
Community ;
Whereas,inaccordancewithArticle3(4)ofRegulation
No136/66/EEC,therefundforoliveoilmustbefixedin
thelightoftheexistingsituationandoutlookinrelation
tooliveoilpricesandavailabilityontheCommunity
marketandoliveoilpricesontheworldmarket;whereas,
however,wheretheworldmarketsituationissuchthat
themostfavourableoliveoilpricescannotbedeter­
mined,accountmaybetakenofthepriceofthemain
competingvegetableoilsontheworldmarketandthe
differencerecordedbetweenthatpriceandthepriceof
oliveoilduringarepresentative period;whereasthe
amountoftherefundmaynotexceedthedifference
betweenthepriceofoliveoilintheCommunityandthat
ontheworldmarket,adjusted,whereappropriate ,totake
accountofexportcostsfortheproductsontheworld
market;
Whereas,inaccordancewithArticle3(3)thirdindent,
point(b)ofRegulationNo136/66/EEC,itmaybe
decidedthattherefundshallbefixedbytender,whereas'
thetenderingprocedureshouldcovertheamountoftheHASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1(2)
(c)ofRegulationNo136/66/EECshallbeassetoutin
theAnnexhereto.
Article2
ThisRegulationshallenterintoforceon11September
1997.
(')OJ172,30.9.1966,p.3025/66.0OJL206,16.8.1996,p.11.0OJL78,31.3.1972,p.1.
4)OJL348,30.12.1977,p.53.0OJL387,31.12.1992,p.1.
(6)OJL22,31.1.1995,p.1.0OJL108,1.5.1993,p.106.
f)OJL188,27.7.1996,p.22.

L248/15 11.9.97 EN OfficialJournaloftheEuropeanCommunities
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,10September1997.
FortheCommission
FranzFISCHLER
MemberoftheCommission
ANNEX
totheCommissionRegulationof10September1997fixingtheexportrefundsonoliveoil
(ECU/100kg)
Productcode Amountofrefund(')
150910909100 20,00
150910909900 0,00
150990009100 20,00
150990009900 0,00
151000909100 0,00
151000909900 0,00
(')FordestinationsmentionedinArticle34ofamendedCommissionRegulation(EEC)No3665/87(OJL351,14.
12.1987,p1),aswellasforexportstothirdcountries.
NB:TheproductcodesandthefootnotesaredefinedinamendedCommissionRegulation(EEC)
No3846/87.