30.1.97lENl OfficialJournaloftheEuropeanCommunities NoL27/11
COMMISSION REGULATION (EC)No160/97
of29January1997
fixingtheexportrefundsonoliveoil
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
Community ,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation(EC)No1581/96(2),andinparti­
cularArticle3(3)thereof,
WhereasArticle3ofRegulationNo136/66/EECprovides
that,wherepriceswithintheCommunityarehigherthan
worldmarketprices,thedifferencebetweentheseprices
maybecoveredbyarefundwhenoliveoilisexportedto
thirdcountries;refundandmaybelimitedtocertaincountriesofdestina­
tion,quantities,qualitiesandpresentations ;
WhereasthesecondindentofArticle3(3)ofRegulation
No136/66/EECprovidesthattherefundonoliveoilmay
bevariedaccordingtodestinationwheretheworldmarket
situationorthespecificrequirementsofcertainmarkets
makethisnecessary;
Whereastherefundmustbefixedatleastonceevery
month;whereasitmay,ifnecessary,bealteredinthe
interveningperiod;
Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinoliveoilandin
particulartooliveoilpriceswithintheCommunityand
onthemarketsofthirdcountriesthattherefundshould
beassetoutintheAnnexhereto;
WhereastherepresentativemarketratesdefinedinArticle
1ofCouncilRegulation(EEC)No3813/92(5),aslast
amendedbyRegulation(EC)No150/95(%areusedto
convertamountsexpressedinthirdcountrycurrencies
andareusedasthebasisfordeterminingtheagricultural
conversionratesoftheMemberStates'currencies;whereas
detailedrulesontheapplicationanddetermination of
theseconversionsweresetbyCommissionRegulation
(EEC)No1068/93f7),aslastamendedbyRegulation(EC)
No1482/96(8);
WhereastheManagementCommitteeforOilsandFats
hasnotdeliveredanopinionwithinthetimelimitsetby
itschairman,Whereasthedetailedrulesforfixingandgrantingexport
refundsonoliveoilarecontainedinCommissionRegula­
tion(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
themostfavourableoliveoilpricescannotbedetermined ,
accountmaybetakenofthepriceofthemaincompeting
vegetableoilsontheworldmarketandthedifference
recordedbetweenthatpriceandthepriceofoliveoil
duringarepresentative period;whereastheamountofthe
refundmaynotexceedthedifferencebetweentheprice
ofoliveoilintheCommunityandthatontheworld
market,adjusted,whereappropriate ,totakeaccountof
exportcostsfortheproductsontheworldmarket;
Whereas,inaccordancewithArticle3(3)thirdindent,
point(b)ofRegulationNo136/66/EEC,itmaybe
decidedthattherefundshallbefixedbytender;whereas
thetenderingprocedureshouldcovertheamountoftheHASADOPTED THISREGULATION :
Article1
TheexportrefundsontheproductslistedinArticle1(2)
(c)ofRegulationNo136/66/EECshallbeassetoutin
theAnnexhereto.
Article2
ThisRegulationshallenterintoforceon30January
1997.
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL206,16.8.1996,p.11.
3OJNoL78,31.3.1972,p.1.(s)OJNoL387,31.12.1992,p.1.
(")OJNoL22,31.1.1995,p.1.
0OJNoL108,1.5.1993,p.106.
8OJNoL188,27.7.1996,p.22. (4)OJNoL348,30.12.1977,p.53.

NoL27/12EN-!OfficialJournaloftheEuropeanCommunities 30.1.97
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29January1997.
FortheCommission
FranzFISCHLER
MemberoftheCommission
ANNEX
totheCommissionRegulationof29January1997fixingtheexportrefundsonoliveoil
(ECU/100kg)
Productcode Amountofrefund(')
150910909100 27,50
150910909900 0,00
150990009100 31,00
150990009900 0,00
151000909100 2,00
151000909900 0,00
(')FordestinationsmentionedinArticle34ofamendedCommissionRegulation(EEC)No3665/87(OJNoL351,
14.12.1987,p1),aswellasforexportstothirdcountries .
NB:TheproductcodesandthefootnotesaredefinedinamendedCommissionRegulation(EEC)No
3846/87.