NoL241/44 OfficialJournaloftheEuropeanCommunities 1.9.88
COMMISSION REGULATION (EEC)No2706/88
of31August1988
fixingtheexportrefundsonoilseeds
thelatestCommissionproposalstotheCouncilonprices
andrelatedmeasures :
WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportstothird
countriesofoilseedsharvestedwithintheCommunity ;
whereastheamountofthisrefundmaynotexceedthe
differencebetweenpriceswithintheCommunityand
pricesontheworldmarketwheretheformerarehigher
thanthelatter;whereasArticle21ofRegulationNo
136/66/EECprovidesthat,atpresent,Article28ofthat
Regulationappliesonlytocolza,rapeandsunflower
seeds:
Whereastherefundforcolzaandrapeseedsproducedin
SpainorPortugalisadjustedinaccordancewithCouncil
Regulation(EEC)No478/86(13);THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats(!),aslast
amendedbyRegulation(EEC)No2210/88(2),
HavingregardtoCouncilRegulationNo142/67/EECof
21June1967onexportrefundsoncolza,rapeand
sunflowerseeds(3),aslastamendedbytheActofAcces­
sionofGreece(4),andinparticularthefirstsentenceof
Article2(3)thereof,
HavingregardtoCouncilRegulation(EEC)No1678/85
of11June1985fixingtheconversionratestobeapplied
inagriculture(*),aslastamendedbyRegulation(EEC)No
2185/88(6),
HavingregardtoCouncilRegulation(EEC)No1569/72
of20July1972layingdownspecialmeasuresforcolza,
rapeandsunflowerseedQ,aslastamendedbyRegulation
(EEC)No2216/88(8),andinparticularArticle2(3)
thereof,
HavingregardtoCommissionRegulation(EEC)No
2041/75of25July1975onspecialdetailedrulesforthe
applicationofthesystemofimportandexportlicences
andadvancefixingcertificatesforoilsandfats(9),aslast
amendedbyRegulation (EEC)No2662/87(10),andin
particularArticle13thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereasthetargetpriceandthemonthlyincreasesinthe
targetpriceforcolza,rapeandsunflowerseedforthe
1988/89marketingyearwerefixedbyCouncilRegula­
tions(EEC)No2213/88(")and(EEC)No2214/88(l2);
Whereas,inordertodeterminetheamountoftheaid,
accountshouldbetakenamongthecalculationfactorsofWhereasArticle3ofRegulationNo142/67/EECprovides
thatwhentherefundisbeingcalculatedaccountmustbe
takenofpricesrulingonthevariousCommunitymarkets
whicharerepresentativefromthepointofviewofproces­
singandexportation ;themostfavourablequotations
recordedonthevariousmarketsofimportingthirdcoun­
triesandcostsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundisbeing
fixed,accountmustalsobetakenofthelevelofmarket
priceswithintheCommunityfortheoilseedsreferredto
inArticle21ofRegulationNo136/66/EECandthe
futuretrendoftheseprices;whereas,furthermore,
accountshouldbetakenoftheeconomicaspectofthe
proposedexportsandthesituationintheCommunity
regardingthesupplyofanddemandfortheseseeds;
Whereastheabatementofthesubsidywhicharises,where
appropriate,fromthesystemofmaximumguaranteed
quantitiesforthe1988/89marketingyear,hasnot,to
date,beenfixed;whereastheamountoftherefundfor
the1988/89marketingyearhasbeenprovisionallycalcu­
latedOnthebasisofanabatementof4,502ECUper100
kgforcolzaandrapeseed;
WhereasArticle1ofCommissionRegulation(EEC)No
651/71of29March1971oncertaindetailedrulesforthe
applicationofexportrefundsonoilseeds(H)aslast
amendedbyRegulation(EEC)No1815/84(15)provides
thattheamountoftherefundmustbecalculatedonthe')OJNo172,30.9.1966,p.3025/66.
2)OJNoL197,26.7.1988,p.1.
3)OJNo125,26.6.1967,p.2461/67.
4)OJNoL291,19.11.1979,p.17.
ÓOJNoL164,24.6.1985,p.11.
6)OJNoL195,23.7.1988,p.1.
0OJNoL167,25.7.1972,p.9.
8)OJNoL197,26.7.1988,p.10.
9)OJNoL213,11.8.1975,p.1.
,0)OJNoL252,3.9.1987,p.6.
")OJNoL197,26.7.1988,p.6.
,2)OJNoL197,26.7.1988,p.8.(13)OJNoL53,1.3.1986,p.55.HOJNoL75,30.3.1971,p.16.
HOJNoL170,29.6.1984,p.46.

1.9.88 OfficialJournaloftheEuropeanCommunities NoL241/45
minedwheretheforwardexchangerateforoneormore
currenciesdiffersfromthespotratebyatleastagiven
percentage ;whereasthispercentagehasbeenfixedat0,5
byRegulation(EEC)No1813/84;
WhereasRegulation(EEC)No1813/84specifiesthespot
andforwardexchangeratesandtheperiodtobeusedfor
calculatingthedifferentialamounts^;whereasincases
where,foroneormoremonths,quotationsofforward
exchangeratesarenotavailable,theratesadoptedforthe
previousmonthsorthefollowingmonths,asthecasemay
be,mustbeused;
Whereasitfollowsfromapplyingtheseprovisionstothe
currentsituationoftheoil-seedsmarketandtotherates
orpricesoftheseproductsthat,pursuanttoArticle4of
Regulation(EEC)No651/71,theamountoftherefundin
ECUandtheamountofthefinalrefundineachofthe
nationalcurrenciesmust,inthecaseofc^>lzaandrape
seed,befixedinaccordancewiththeAnnextothisRegu­
lation;whereasitisnotnecessarytofixarefundfor
sunflowerseed;
WhereasArticle13ofRegulation (EEC)No2041/75
makesprovisionfortheperiodofvalidityofcertificates
fixingrefundsinadvancetobereducedifthemarket
situationwarrants;whereasintheinterestsofsound
marketmanagement areductionshouldbemade;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,basisoftheweightofexportedseeds;whereasthisweight
mustbeadjustedtotakeaccountofanydifferences
betweenthepercentagesofmoistureandimpuritiesfound
toexistandthoseusedtodefinethestandardqualityfor
whichthetargetpriceisfixed;whereas,whenthisadjust­
mentisbeingmade,theweightoftheexportedseeds
mustbeincreasedbytheamountofthedifference
betweentheactualmoistureandimpuritiescontentand
thatusedtodefinethestandardqualityiftheformeris
lowerthanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount;
Whereasthestandardqualityreferredtoabovewas
definedinArticle2ofCouncilRegulation(EEC)No
1102/84(');
WhereasArticle2ofRegulationNo142/67/EECprovides
thattherefundmaybevariedaccordingtodestination
wheretheworldmarketsituationorthespecificrequire­
mentsofcertainmarketsmakethisnecessary;
WhereasArticle4ofRegulation (EEC)No651/71
providesforthepublicationoftheamountofthefinal
refundobtainedfromtheconversionintoeachofthe
nationalcurrenciesoftheamountoftherefundinECU
plusorminusthedifferentialamount;whereasArticle1
ofCommissionRegulation(EEC)No1813/84(2),aslast
amendedbyRegulation(EEC)No2138/87(3),definedthe
elementswhichdeterminethedifferentialamounts;
whereastheseelementsareequaltotheincidenceonthe
targetpricereducedby7,5%ortherefundofthecoeffi­
cientderivedfromthepercentagereferredtoinArticle2
(1)ofRegulation(EEC)No1569/72;whereas,according
totheseprovisions,thispercentagerepresents :
(a)forthoseMemberStateswhosecurrenciesaremain­
tainedasbetweenthemselveswithinaspreadatany
givenmomentof2,25%,thedifferencebetween:
—theconversionrateusedunderthecommonagri­
culturalpolicy,and
—theconversionrateresultingfromthecentralrate,
(b)fortheotherMemberStates,thedifferencebetween:
—therelationshipbetweentheconversionrateused
underthecommonagriculturalpolicyforthe
currencyoftheMemberStateconcernedandthe
centralrateofeachofthecurrenciesofthe
MemberStatesreferredtoin(a),and
—thespotmarketrateforthecurrencyofthe
MemberStateinquestioninrelationtoeachof
thecurrenciesoftheMemberStatesreferredtoin
(a),asrecordedoveraperiodtobedetermined ;
WhereaspursuanttoArticle2(2)ofRegulation(EEC)No
1569/72forwarddifferentialamountsaretobedeter­HASADOPTEDTHISREGULATION :
Article1
1.Inthecaseofcolzaandrapeseed,theamountsof
therefundreferredtoinArticle4(1)ofRegulation(EEC)
No651/71shallbeassetoutintheAnnexhereto.
2.Thereshallbenorefundonsunflowerseed.
3.Certificatesfixingtheexportrefundinadvanceshall
bevalidfromtheirdateofissueuntiltheendofthefollo­
wingmonth.
4.However,theamountoftheexportrefundforcolza
andrapeseedsshallbeconfirmedorreplacedwitheffect
from1September1988totakeaccount,wjiereapplicable,
oftheconsequences oftheapplicationofthemaximum
garanteedquantitiessystem.
Article2
ThisRegulationshallenterintoforceon1September
1988.(')OJNoL113,28.4.1984,p.8.
(2)OJNoL170,29.6.1984,p.41.
(3)OJNoL200,21.7.1987,p.9.

NoL241/46 OfficialJournaloftheEuropeanCommunities 1.9.88
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1988.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof1September1988fixingtheexportrefundsoncolza
andrapeseed
(amountsper100kilograms)
Current
.9(')1stperiod
10o2ndperiod
113rdperiod
124thperiod
15thperiod
2
1.Grossrefunds(ECU):.
—Spain 10,342 10,342— — — —
—Portugal 14,502 14,502— — — —
—otherMemberStates 10,000 10,000— — — • —
2.Finalrefunds: ll I l
Seedsharvestedandexportedfrom: l l
—FederalRepublicofGermany(DM)24,16 24,16— — — —
—Netherlands (Fl) 26,72 26,72— — — —
—BLEU(Bfrs/Lfrs) 474,58 474,58— — — —
—France(FF) 64,43 64,43— — — —
—Denmark(Dkr) 82,74 82,74— — — — 1
—Ireland(£Irl) 7,145 7,145— — •— —
—UnitedKingdom(£) 4,357 4,357— —— ,—
—Italy(Lit) 12450 12450 —— .— —
—Greece(Dr) 441,47 435,77— — — —
—Spain(Pta) 1637,64 1637,64— — — —
—Portugal(Esc) 2001,67 2001,67— — — —
(')Subjecttothereductionresultingfromthemaximumguaranteedquantitiessystem.