28.5.87 OfficialJournaloftheEuropeanCommunities NoL138/33
COMMISSION REGULATION (EEC)No1462/87
of27May1987
fixingtheexportrefundsonoilseeds
thanthelatter;whereasArticle21ofRegulationNo
136/66/EECprovidesthat,atpresent,Article28ofthat
Regulationappliesonlytocolza,rapeandsunflower
seeds;
whereastherefundforcolzaandrapeseedsproducedin
SpainorPortugalisadjustedinaccordancewithCouncil
Regulation(EEC)No478/86(u);
WhereasArticle3ofRegulationNo142/67/EECprovides
thatwhentherefundisbeingcalculatedaccountmustbe
takenofpricesrulingonthevariousCommunitymarkets
whicharerepresentativefromthepointofviewofproces­
singandexportation ;themostfavourablequotations
recordedonthevariousmarketsofimportingthirdcoun­
triesandcostsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundisbeing
fixed,accountmustalsobetakenofthelevelofmarket
priceswithintheCommunityfortheoilseedsreferredto
inArticle21ofRegulationNo136/66/EECandthe
futuretrendoftheseprices;whereas,furthermore ,
accountshouldbetakenoftheeconomicaspectofthe
proposedexportsandthesituationintheCommunity
regardingthesupplyofanddemandfortheseseeds;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation(EEC)No1454/86(2),
HavingregardtoCouncilRegulationNo142/67/EECof
21June1967onexportrefundsoncolza,rapeand
sunflowerseeds(3),aslastamendedbyRegulation(EEC)
No2429/72(4),andinparticularthefirstsentenceof
Article2(3)thereof,
HavingregardtoCouncilRegulation(EEC)No1678/85
of11June1985fixingtheconversionratestobeapplied
inagriculture(%aslastamendedbyRegulation(EEC)No
409/87(*),
HavingregardtoCouncilRegulation(EEC)No1569/72
of20July1972layingdownspecialmeasuresforcolza,
rapeandsunflowerseedQ,aslastamendedbyRegulation
(EEC)No1474/84(8),andinparticularArticle2(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereasthetargetpriceandthemonthlyincreasesinthe
targetpriceforcolza,rapeandsunflowerseedforthe
1986/87marketingyearwerefixedbyCouncilRegula­
tions(EEC)No1457/86(9)and(EEC)No1458/86(10);
WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportstothird
countriesofoilseedsharvestedwithintheCommunity ;
whereastheamountofthisrefundmaynotexceedthe
differencebetweenpriceswithintheCommunityand
pricesontheworldmarketwheretheformerarehigherWhereas,intheabsenceofatargetpriceforcolzaand
rapeforthe1987/88marketingyear,incasesofadvance
fixingforJuly,August,September,Octoberand
November1987oftherefundontheseproductsithas
beenpossibleonlytomakeaprovisionalcalculation
usingthetargetpriceproposedbytheCommissiontothe
Councilforthe1987/88marketingyear;whereasthere­
foresuchrefundamountsmustbeappliedonlyprovisio­
nallyandconfirmedoralteredwhenthetargetpricefor
the1987/88marketingyearisknown;
Whereastheestimatedproductionofcolzaandrapeseed
forthe1987/88marketingyearhasnotbeenfixed;
whereastheamounttobedeductedwhereappropriate,
fromthesubsidyincompliancewiththesystemof
maximumguaranteedquantitiesreferredtoinArticle27a
ofRegulationNo136/66/EECanditseffectonthe
amountoftherefundcouldthereforenotbedetermined ;
whereastheamountsoftherefundshouldthereforeonly
beappliedonatemporarybasisandshouldbeconfirmed
orreplacedoncetheeffectsofthesystemofmaximum
guaranteedquantitiesforrapeseedareknown;0OJNo172,30.9.1966,p.3025/66.
(2)OJNoL133,21.5.1986,p.8.
(3)OJNo125,26.6.1967,p.2461/67.
(4)OJNoL264,23.11.1972,p.1.
(*)OJNoL164,24.6.1985,p.11.
(«)OJNoL44,13.2.1987,p.1.0OJNoL167,25.7.1972,p.9.
(8)OJNoL143,30.5.1984,p.4.
OOJNoL133,21.5.1986,p.12.
(10)OJNoL133,21.5.1986,p.14. (")OJNoL53,1.3.1986,p.55.

NoL138/34 OfficialJournaloftheEuropeanCommunities 28.5.87
WhereasArticle1ofCommissionRegulation(EEC)No
651/71of29March1971oncertaindetailedrulesforthe
applicationofexportrefundsonoilseeds(')aslast
amendedbyRegulation(EEC)No1815/84(2),provides
thattheamountoftherefundmustbecalculatedonthe
basisoftheweightofexportedseeds;whereasthisweight
mustbeadjustedtotakeaccountofanydifferences
betweenthepercentagesofmoistureandimpuritiesfound
toexistandthoseusedtodefinethestandardqualityfor
whichthetargetpriceisfixed;whereas,whenthisadjust­
mentisbeingmade,theweightoftheexportedseeds
mustbeincreasedbytheamountofthedifference
betweentheactualmoistureandimpuritiescontentand
thatusedtodefinethestandardqualityiftheformeris
lowerthanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount;
Whereasthestandardqualityreferredtoabovewas
definedinArticle2ofCouncilRegulation (EEC)No
1102/84(H);currencyoftheMemberStateconcernedandthe
centralrateofeachofthecurrenciesofthe
MemberStatesreferredtoin(a),and
—thespotmarketrateforthecurrencyofthe
MemberStateinquestioninrelationtoeachof
thecurrenciesoftheMemberStatesreferredtoin
(a),asrecordedoveraperiodtobedetermined ;
Whereas,however,pursuanttoArticle2aofRegulation
(EEC)No1569/72,themonetarydisparityforthemarke­
tingyears1984/85to1986/87willbecalculatedbya
methodwhichtakesintoaccountacoefficientappliedto
theconversionrateresultingfromthecentralrate;
whereasCommissionRegulation(EEC)No91/87(*)fixed
thecoefficient ;
WhereaspursuanttoArticle2(2)ofRegulation(EEC)No
1569/72forwarddifferentialamountsaretobedeter­
minedwheretheforwardexchangerateforoneormore
currenciesdiffersfromthespotratebyatleastagiven
percentage ;whereasthispercentagehasbeenfixedat0,5
byRegulation(EEC)No1813/84;
WhereasRegulation(EEC)No1813/84specifiesthespot
andforwardexchangeratesandtheperiodtobeusedfor
calculatingthedifferentialamounts;whereasincases
where,foroneormoremonths,quotationsofforward
exchangeratesarenotavailable,theratesadoptedforthe
previousmonthsorthefollowingmonths,asthecasemay
be,mustbeused;
Whereasitfollowsfromapplyingtheseprovisionstothe
currentsituationoftheoil-seedsmarketandtotherates
orpricesoftheseproductsthat,pursuanttoArticle4of
Regulation(EEC)No651/71,theamountoftherefundin
ECUandtheamountofthefinalrefundineachofthe
nationalcurrenciesmust,inthecaseofcolzaandrape
seed,befixedinaccordancewiththeAnnextothisRegu­
lation;whereasitisnotnecessarytofixarefundfor
sunflowerseed;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,WhereasArticle2ofRegulationNo142/67/EECprovides
thattherefundmaybevariedaccordingtodestination
wheretheworldmarketsituationorthespecificrequire­
mentsofcertainmarketsmakethisnecessary;
WhereasArticle4ofRegulation (EEC)No651/71
providesforthepublicationoftheamountofthefinal
refundobtainedfromtheconversionintoeachofthe
nationalcurrenciesoftheamountoftherefundinECU
plusorminusthedifferentialamount;whereasArticle1
ofCommissionRegulation(EEC)No1813/84(4),aslast
amendedbyRegulation(EEC)No3891/86(*),definedthe
elementswhichdeterminethedifferentialamounts;
whereastheseelementsareequaltotheincidenceonthe
targetpriceortherefundofthecoefficientderivedfrom
thepercentagereferredtoinArticle2(1)ofRegulation
(EEC)No1569/72;whereas,accordingtotheseprovi­
sions,thispercentagerepresents :
(a)forthoseMemberStateswhosecurrenciesaremain­
tainedasbetweenthemselveswithinaspreadatany
givenmomentof2,25%,thedifferencebetween:
—theconversionrateusedunderthecommonagri­
culturalpolicy,and
—theconversionrateresultingfromthecentralrate,
(b)fortheotherMemberStates,thedifferencebetween:
—therelationshipbetweentheconversionrateused
underthecommonagriculturalpolicyfortheHASADOPTEDTHISREGULATION :
Article1
1.Inthecaseofcolzaandrapeseed,theamountsof
therefundreferredtoinArticle4(1)ofRegulation(EEC)
No651/71shallbeassetoutintheAnnexhereto.(')OJNoL75,30.3.1971,p.16.
(J)OJNoL170,29.6.1984,p.46.
(3)OJNoL113,28.4.1984,p.8.
(4)OJNoL170,29.6.1984,p.41.0OJNoL361,20.12.1986,p.27. (*)OJNoL13,15.1.1987,p.13.

28.5.87OfficialJournaloftheEuropeanCommunities NoL138/35
2.Incasesofadvancefixingoftherefundoncolzaand
rapeseedforJuly,August,September,Octoberand
November1987theamountwillhoweverbeconfirmed
oralteredwitheffectfrom1June1987onthebasisof
thetargetpriceandconnectedmeasuressetforthese
productsforthe1987/88marketingyearforcolzaand
rapeseed.
3.Incasesofadvancefixingoftherefundoncolzaand
rapeseedforJuly,August,September,Octoberand
November1987,theamountshallhoweverbeconfirmed
oralteredwitheffectfrom1June1987totakeaccount,whereappropriate,oftheeffectsoftheapplicationofthe
systemofmaximumguaranteedquantitiesforcolzaand
rapeseed.
4.Thereshallbenorefundonsunflowerseed.
Article2
ThisRegulationshallenterintoforceon1June1987.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27May1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof27May1987fixingtheexportrefundsoncolza
andrapeseed
(amountsper100kilograms)
Current
month2ndmonth3rdmonth(')4thmonth(')5thmonth(')6thmonth(')
1.Grossrefunds(ECU):II
—Spain 27,480 23,002 23,002 23,002 23,002 23,002
—Portugal 33,000 27,782 27,782 27,782 27,782 27,782
—otherMemberStates 33,000 27,782 27,782 27,782 27,782 27,782
2.Finalrefunds:\lIl
Seedsharvestedandexportedfrom:lIlIl
—FederalRepublicofGermany(DM)79,89 67,44 67,46 67,57 67,57 67,90
—Netherlands (Fl) 90,02 75,99 75,99 76,11 76,11 76,45
—BLEU(Bfrs/Lfrs) 1538,76 1294,19 .1294,19 1293,50 1293,50 1288,36
—France(FF) 222,61 185,56 185,29 184,79 184,79 185,53
—Denmark(Dkr) 276,65 232,09 232,09 232,09 232,09 230,17
—Ireland(£Irl) 24,388 20,305 20,302 20,269 20,269 20,185
—UnitedKingdom(£) 18,050 14,778 14,778 14,778 14,778 14,645
—Italy(Lit) 48465 40432 40291 40434 40434 40166
—Greece(Dr) 2876,31 2241,68 2211,09 2195,49 2195,49 2123,81
—Spain(Pta) 3702,78 3049,90 3020,51 2982,31 2982,31 2950,65
—Portugal(Esc) 4501,82 3703,91 3666,32 3654,45 3654,45 3607,16
(')SubjecttotheamounttobedeductedinaccordancewiththesystemofguaranteedmaximumquantitiesandtheCouncilDecisionregardingpricesandrelated
measuresforthe1987/88marketingyear.