31.1.81 OfficialJournaloftheEuropeanCommunities NoL27/21
COMMISSION REGULATION (EEC)No248/81
of30January1981
fixingtheexportrefundsonoliveoil
—theeconomicaspectoftheproposedexports;
Wherear,furthermore,Article4ofRegulationNo
171/67/EECprovidesthatthesaidrefundmustbe
fixedinaccordancewiththefollowingcriteria:
—theoliveoilpricesinthemainproducingareasof
theCommunity ;
—themostfavourablequotationsrecordedonthe
variousmarketsofimportingthirdcountries;
and
—themarketingcostsandthemostfavourabletrans­
portchargesfromCommunitymarketsinthe
mainproducingareastoportsorotherpointsof
exportintheCommunity ,aswellascostsincurred
inplacingthegoodsontheworldmarket;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsand
fats(*),aslastamendedbyRegulation (EEC)No
3454/80(2),
HavingregardtoCouncilRegulationNo171/67/EEC
of27June1967onexportrefundsandleviesonolive
oil(3),aslastamendedbyRegulation(EEC)No
2429/72(4),andinparticularthefirstsentenceof
Article7thereof,
HavingregardtotheopinionoftheMonetary
Committee,
WhereasArticle20ofRegulationNo136/66/EEC
providesthat,wherepriceswithintheCommunityare
higherthanworldmarketprices,thedifference
betweenthesepricesmaybecoveredbyarefund
whenoliveoilisexportedtothirdcountries;
Whereasthedetailedrulesforfixingandgranting
exportrefundsonoliveoilarecontainedinRegula­
tionsNo171/67/EECand(EEC)No616/72(5),aslast
amendedbyRegulation(EEC)No2962/77(6);
WhereasArticle2ofRegulationNo171/67/EEC
providesthattherefundmustbethesameforthe
wholeCommunity ;
WhereasArticle3ofRegulationNo171/67/EEC
providesthatwhentherefundonoliveoilisbeing
fixedaccountmustbetakenof:
—theexistingsituationandthefuturetrendwith
regardtopricesandavailabilitiesofoliveoilon
theCommunitymarketandpricesforoliveoilon
theworldmarket;
—theaimsofthecommonorganizationofthe
marketinoliveoilwhicharetoensureequili­
briumandthenaturaldevelopmentofpricesand
tradeonthismarket;
—theneedtoavoiddisturbancesontheCommunity
market;andWhereasArticle5ofRegulationNo171/67/EEC
providesthattherefundonoliveoilmaybevaried
accordingtodestinationwheretheworldmarketsitua­
tionorthespecificrequirements ofcertainmarkets
makethisnecessary;
WhereasArticle7ofRegulationNo171/67/EEC
providesthattherefundmustbefixedatleastonce
everymonth;whereasitmay,ifnecessary,bealtered
intheinterveningperiod;
Whereasitfollowsfromapplyingthesedetailedrules
tothepresentsituationonthemarketinoliveoiland
inparticulartooliveoilpriceswithintheCommunity
andonthemarketsofthirdcountriesthattherefund
shouldbeassetoutintheAnnexhereto:
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;(!)OJNo172,30.9.1966,p.3025/66.
I2)OJNoL360,31.12.1980,p.16.
(3)OJNo130,28.6.1967,p.2600/67.
(4)OJNoL264,23.11.1972,p.1.
(*)OJNoL78,31.3.1972,p.1.
(*)OJNoL348,30.12.1977,p.53.

NoL27/22 OfficialJournaloftheEuropeanCommunities 31.1.81
WhereasthemeasuresprovidedforinthisRegulation Article2
areinaccordancewiththeopinionoftheManage­
mentCommitteeforOilsandFats,
HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1
(2)(c)ofRegulationNo136/66/EEC,shallbeassetThisRegulationshallenterintoforceon1February
outintheAnnexhereto. 1981.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30January1981.
FortheCommission
PoulDALSAGER
MemberoftheCommission
ANNEX
totheCommissionRegulationof30January1981fixingtheexportrefundsonoliveoil
(ECU/100kg)
CCTheadingNo Description Refund
15.07 Fixedvegetableoils,fluidorsolid,crude,refinedorpurified:
A Oliveoil:
I
(a)Untreated :
Virginoliveoil
and
II Other:
(a)Obtainedbyprocessingoilsfallingwithinsubheading15.07AIa)or
whetherornotblendedwithvirginoliveoil:15.07AIb),
Inimmediatepackingsofanetcapacityof5kgorless,fordestinations
Article5ofCommissionRegulation(EEC)No2730/79('),aswellas
thirdcountriesmentionedin
onexportto
2000
(>)OJNoL317,12.12.1979,p.1.