1.8.75 OfficialJournaloftheEuropeanCommunities NoL202/33
REGULATION (EEC)No1987/75OFTHECOMMISSION
of31July1975
fixingtheexportrefundonoilseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;WhereasArticle3ofRegulationNo142/67/EEC
providesthatwhentherefundisbeingcalculated
accountmustbetakenofpricesrulingonthevarious
Communitymarketswhicharerepresentative from
thepointofviewofprocessingandexportation ;the
mostfavourablequotationsrecordedonthevarious
marketsofimportingthirdcountriesandGreece,and
costsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundis
beingfixed,accountmustalsobetakenofthelevelof
marketpriceswithintheCommunityfortheoilseeds
referredtoinArticle21ofRegulationNo136/
66/EECandthefuturetrendoftheseprices;whereas,
furthermore ,accountshouldbetakenoftheeconomic
aspectoftheproposedexportsandthesituationinthe
Communityregardingthesupplyofanddemandfor
theseseeds:HavingregardtoCouncilRegulationNo136/
66/EEC(*)of22September1966ontheestablish­
mentofacommonorganizationofthemarketinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73
HavingregardtoCouncilRegulationNo162/
66/EEC(3)of27October1966ontradeinoilsand
fatsbetweentheCommunityandGreece;
whereasArticle1ofCommissionRegulation(EEC)
No651/71(6)of29March1971oncertaindetailed
rulesfortheapplicationofexportrefundsonoilseeds
providesthattheamountoftherefundmustbecalcu­
latedonthebasisoftheweightofexportedseeds;
whereasthisweightmustbeadjustedtotakeaccount
ofanydifferencesbetweenthepercentagesofmois­
tureandimpuritiesfoundtoexistandthoseusedto
definethestandardqualityforwhichthetargetprice
isfixed;whereas,whenthisadjustmentisbeing
made,theweightoftheexportedseedsmustbe
increasedbytheamountofthedifferencebetweenthe
actualmoistureandimpuritiescontentandthatused
todefinethestandardqualityiftheformerislower
thanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount :HavingregardtoCouncilRegulationNo142/
67/EEC(4)of21June1967onexportrefundson
colza,rapeandsunflowerseeds,aslastamendedby
Regulation(EEC)No2429/72(5),andinparticularthe
firstsentenceofArticle2(3)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportsto
thirdcountriesofoilseedsharvestedwithinthe
Community ;whereastheamountofthisrefundmay
notexceedthedifferencebetweenpriceswithinthe
Communityandpricesontheworldmarketwhere
theformerarehigherthanthelatter;whereasArticle
21ofRegulationNo136/66/EECprovidesthat,at
present,Article28ofthatRegulationappliesonlyto
colza,rapeandsunflowerseeds;
WhereasArticle8ofRegulationNo162/66/EEC
providesthatArticle28ofRegulationNo136/
66/EECandmeasurestakeninapplicationthereof
apply,subjecttotheprovisionsoftheAgreementesta­
blishinganAssociationbetweentheEuropean
EconomicCommunityandGreece,totradebetween
theCommunityandGreece;Whereasthestandardqualityreferredtoaboveis
definedinArticle2ofCouncilRegulation(EEC)No
657/75(7)of4March1975fixingthetargetpricesand
basicinterventionpricesforoilseedsforthe1975/
1976marketingyear;
WhereasArticle2ofRegulationNo142/67/EEC
providesthattherefundmaybevariedaccordingto
destinationwheretheworldmarketsituationorthe
specificrequirements ofcertainmarketsmakethis
necessary ;(')OJNo172,30.9:1966,p.3025/66.
(^)OJNoL175,29.6.1973,p.5.
(3)OJNo197,29.10.1966,p.3393/66.
(4)OJNo125,26.6.1967,-p.2461/67.
(5)OJNoL264,23.11.1972,p.1.(o)OJNoL75,30.3.1971,p.16.
(7)OJNoL72,20.3.1975,p.3.

NoL202/34 OfficialJournaloftheEuropeanCommunities 1.8.75
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforOilsandFats,
HASADOPTEDTHISREGULATION :Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingtheserulesand
criteriatothepresentsituationonthemarketinoil
seeds,andinparticulartoquotationsorpricesfor
theseproductswithintheCommunityandonthe
marketsofthirdcountriesandGreece,thattherefund
shouldbefixedattheamountsshownintheAnnex
tothisRegulationforthoseproductsforwhichthe
marketingyearhasalreadybegun;Article1
TherefundsontheproductsreferredtoinArticle21
ofRegulationNo136/66/EEC,exportedtothirdcoun­
triesandGreece,areherebyfixedasshowninthe
AnnextothisRegulation.
Article2
ThisRegulationshallenterintoforceon1August
1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31July1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
Refundapplicabletooilseedsfrom1August1975
(u.LlJlOOkjf)
CCT
heading
NoDescriptionofgoods Refund
ex12.01
ex12.01Colzaandrapeseed,otherthanforsowing
Sunflowerseed,otherthanforsowing—