EN Official Journal of the European Communities 12. 3. 98 L 73/11
COMMISSION REGULATION (EC) No 557/98
of 11 March 1998
fixing the export refunds on olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European
Community,
Having regard to Council Regulation No 136/66/EEC of
22 September 1966 on the establishment of a commonorganization of the market in oils and fats (
1), as last
amended by Regulation (EC) No 1581/96 (2), and in
particular Article 3 (3) thereof,
Whereas Article 3 of Regulation No 136/66/EEC
provides that, where prices within the Community arehigher than world market prices, the difference betweenthese prices may be covered by a refund when olive oil isexported to third countries;
Whereas the detailed rules for fixing and granting export
refunds on olive oil are contained in Commission Regula-tion (EEC) No 616/72 (
3), as last amended by Regulation
(EEC) No 2962/77 (4);
Whereas Article 3 (3) of Regulation No 136/66/EEC
provides that the refund must be the same for the wholeCommunity;
Whereas, in accordance with Article 3 (4) of Regulation
No 136/66/EEC, the refund for olive oil must be fixed inthe light of the existing situation and outlook in relationto olive oil prices and availability on the Communitymarket and olive oil prices on the world market; whereas,however, where the world market situation is such thatthe most favourable olive oil prices cannot be determined,account may be taken of the price of the main competingvegetable oils on the world market and the differencerecorded between that price and the price of olive oilduring a representative period; whereas the amount of therefund may not exceed the difference between the priceof olive oil in the Community and that on the worldmarket, adjusted, where appropriate, to take account ofexport costs for the products on the world market;
Whereas, in accordance with Article 3 (3) third indent,
point (b) of Regulation No 136/66/EEC, it may bedecided that the refund shall be fixed by tender; whereasthe tendering procedure should cover the amount of therefund and may be limited to certain countries of des-
tination, quantities, qualities and presentations;
Whereas the second indent of Article 3 (3) of Regulation
No 136/66/EEC provides that the refund on olive oil maybe varied according to destination where the worldmarket situation or the specific requirements of certainmarkets make this necessary;
Whereas the refund must be fixed at least once every
month; whereas it may, if necessary, be altered in theintervening period;
Whereas it follows from applying these detailed rules to
the present situation on the market in olive oil and inparticular to olive oil prices within the Community andon the markets of third countries that the refund shouldbe as set out in the Annex hereto;
Whereas the representative market rates defined in Article
1 of Council Regulation (EEC) No 3813/92 (
5), as last
amended by Regulation (EC) No 150/95 (6), are used to
convert amounts expressed in third country currenciesand are used as the basis for determining the agriculturalconversion rates of the Member States’ currencies;whereas detailed rules on the application and determina-tion of these conversions were set by Commission Regu-lation (EEC) No 1068/93 (
7), as last amended by Regula-
tion (EC) No 1482/96 (8);
Whereas the Management Committee for Oils and Fats
has not delivered an opinion within the time limit set byits chairman,
HAS ADOPTED THIS REGULATION:
Article 1
The export refunds on the products listed in Article 1 (2)
(c) of Regulation No 136/66/EEC shall be as set out inthe Annex hereto.
Article 2
This Regulation shall enter into force on 12 March 1998.
(1) OJ 172, 30. 9. 1966, p. 3025/66. (5) OJ L 387, 31. 12. 1992, p. 1.
(2) OJ L 206, 16. 8. 1996, p. 11. (6) OJ L 22, 31. 1. 1995, p. 1.
(3) OJ L 78, 31. 3. 1972, p. 1. (7) OJ L 108, 1. 5. 1993, p. 106.
(4) OJ L 348, 30. 12. 1977, p. 53. (8) OJ L 188, 27. 7. 1996, p. 22.
EN OfficialJournaloftheEuropeanCommunities 12.3.98 L73/12
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,11March1998.
FortheCommission
FranzFISCHLER
MemberoftheCommission
ANNEX
totheCommissionRegulationof11March1998fixingtheexportrefundsonoliveoil
(ECU/100kg)
Productcode Amountofrefund(1)
150910909100 0,00
150910909900 0,00
150990009100 0,00
150990009900 0,00
151000909100 0,00
151000909900 0,00
(1)FordestinationsmentionedinArticle34ofamendedCommissionRegulation(EEC)No3665/87(OJL351,14.12.
1987,p1),aswellasforexportstothirdcountries.
NB:TheproductcodesandthefootnotesaredefinedinamendedCommissionRegulation(EEC)
No3846/87.