,NoL17/18 OfficialJournaloftheEuropeanCommunities 21.1.78
COMMISSION REGULATION (EEC)No109/78
of20January1978
fixingtheexportrefundsonfisheryproducts
sarytovarytherefundaccordingtothedestinationof
theproductsinquestion;
WhereasproductsofCommunityoriginwhichare
landed,directfromthefishinggrounds,inportssitu­
atedoutsidethecustomsterritoryoftheCommunity
donotqualifyforrefunds;
Whereaseconomicallyimportantquantitiesoffrozen
wholemackerel,driedandsaltedcodandcoalfish^nd
mackerel,dried,saltedorinbrinecanbeexportedat
thepresenttime;
Whereasitfollowsfromapplyingtheabovementioned
rulesandcriteriatothepresentsituationonthe
marketandinparticulartopricesforfisheryproducts
intheCommunityandontheworldmarketthatthe
refundshouldbefixedasshownintheAnnex;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintained in
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforFisheryProducts,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
100/76of19January1976onthecommonorganiza­
tionofthemarketinfisheryproducts('),aslast
amendedbyRegulation(EEC)No2560/77(2),andin
particularthefourthindentofArticle23(2)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle23ofRegulation (EEC)No100/76
providesthat,totheextentnecessarytoenable
economicallyimportantexportsoftheproductslisted
inArticle1(2)ofthatRegulationtobeeffectedonthe
basisofpricesfortheseproductsontheworldmarket,
thedifferencebetweenthesepricesandpriceswithin
theCommunitymaybecoveredbyanexportrefund;
WhereasArticle2ofCouncilRegulation (EEC)No
110/76of19January1976layingdowngeneralrules
forgrantingexportrefundsonfisheryproductsand
criteriaforfixingtheamountofsuchrefunds(3),
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
requirements ofcertainmarketsmaymakeitneces­HASADOPTED THISREGULATION :
Article1
TheexportrefundsreferredtoinArticle1(2)ofRegu­
lation(EEC)No100/76areherebyfixedatthe
amountsshownintheAnnex.
Artiee2
(')OJNoL20,28.1.1976,p.1.
(2)OJNoL303,28.11.1977,p.1.
POJNoL20,28.1.1976,p.48.ThisRegulationshallenterintoforceon29January
1978.

21.1.78 OfficialJournaloftheEuropeanCommunities NoL17/19
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,20January1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof20January1978fixingtheexportrefundsonfishery
products
(u.a./100kgnet)
CCT
heading
NoDescription Refund
03.01 Fish,fresh(liveordead),chilledorfrozen:
B.Saltwaterfish:
I.Whole,headlessorinpieces:
m)Mackerel:
1.bb)Frozen
2.bb)Frozen600
600
03.02 Fish,dried,saltedorinbrine,smokedfish,whetherornot
cookedbeforeorduringthesmokingprocess:
exA.I.b)Cod,driedandsalted,whole,headlessorinpieces:
ForexportstoBrazil,PuertoRico,Congo-Brazzaville ,
ZaireandVenezuela
f)—Coalfish,driedandsalted,whole,headlessorin
pieces:
ForexportstothePeople'sRepublicofCongo,
Gabon,Zaire,Cameroon,Angola,Jamaica,
Trinidad,Barbados,WindwardandLeeward
Islands,Panama,SurinamandtheDominican
Republic
—Mackerel,dried,saltedorinbrine,whole,
headlessorinpieces:
ForexportstoJamaica,TrinidadandWindward
andLeewardIslands1000
1500
4-00