NoL181/18 OfficialJournaloftheEuropeanCommunities 21.7.77
COMMISSION REGULATION (EEC)No1627/77
of20July1977
fixingtheexportrefundsonfisheryproducts
sarytovarytherefundaccordingtothedestinationof
theproductsinquestion;
WhereasproductsofCommunityoriginwhichare
landed,directfromthefishinggrounds,inportssitu­
atedoutsidethecustomsterritoryoftheCommunity
donotqualifyforrefunds;
Whereaseconomicallyimportantquantitiesoffrozen
filletsofcod,frozenwholemackerel,driedandsalted
codandcoalfishcanbeexportedatthepresenttime;
Whereasitfollowsfromapplyingtheabovementioned
rulesandcriteriatothepresentsituationonthe
marketandinparticulartopricesforfisheryproducts
intheCommunityandontheworldmarketthatthe
refundshouldbefixedasshownintheAnnex;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforFisheryProducts,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
100/76of19January1976onthecommonorganiza­
tionofthemarketinfisheryproducts(*),asamended
byRegulation(EEC)No2429/76(2),andinparticular
thefourthindentofArticle23(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 ofcertainmarketsmaymakeitneces­HASADOPTEDTHISREGULATION :
Article1
TheexportrefundsreferredtoinArticle1(2)ofRegu­
lation(EEC)No100/76areherebyfixedatthe
amountsshownintheAnnex.
Article2
(')OJNoL20,28.1.1976,p.1.
(2)OJNoL276,7.10.1976,p.5.
(3)OJNoL20,28.1.1976,p.48.ThisRegulationshallenterintoforceon29July
1977.

21.7.77 OfficialJournaloftheEuropeanCommunities NoL181/19
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,20July1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof20July1977fixingtheexportrefundsonfishery
products
(u.a./100kgnet)
CCT
heading
NoDescriptionofgoods Refund
03.01 Fish,fresh(liveordead),chilledorfrozen:
B.Saltwaterfish:
I.Whole,headlessorinpieces:
m)Mackerel:
1.bb)Frozen
2.bb)Frozen5.00
5.00
II.Fillets:
b)Frozen:
1.Ofcod(GadusmorrhuaorGaduscallarias) 1.50
03.02 Fish,dried,saltedorinbrine,smokedfish,whetherornot
cookedbeforeorduringthesmokingprocess:
exA.I.b)Cod,driedandsalted,wholeheadlessorinpieces
ForexportstoBrazil,PuertoRico,Congo-
Brazzaville,ZaireandVenezuela 15-00
f)Coalfish,driedandsalted,whole,headlessorin
pieces
ForexportstoCongo-Brazzaville ,Gabon,Zaire,
Jamaica,Trinidad,Barbados,Windwardand
LeewardIslands,Panama,SurinamandtheDomin­
icanRepublic 15-00