NoL246/22 OfficialJournaloftheEuropeanCommunities 27.8.92
COMMISSION REGULATION (EEC)No2472/92
of26August1992
fixingtheexportrefundsonoliveoil
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation(EEC)No2046/92(2),
HavingregardtoCouncilRegulation(EEC)No1650/86
of26May1986onexportrefundsandleviesonolive
oil(3),andinparticularthefirstsentenceofArticle3(1)
thereof,
WhereasArticle20ofRegulationNo136/66/EEC
providesthat,wherepriceswithintheCommunityare
higherthanworldmarketprices,thedifferencebetween
thesepricesmaybecoveredbyarefundwhenoliveoilis
exportedtothirdcountries;
Whereasthedetailedrulesforfixingandgrantingexport
refundsonoliveoilarecontainedinRegulation(EEC)No
1650/86andCommission Regulation (EEC)No
616/72(4),aslastamendedbyRegulation(EEC)No
2962/77Is);
WhereasthefirstindentofArticle2ofRegulation(EEC)
No1650/86providesthattherefundmustbethesame
forthewholeCommunity ;
Whereas,inaccordancewithArticle4ofRegulation
(EEC)No1650/86,therefundforoliveoilmustbefixed
inthelightoftheexistingsituationandoutlookinrela­
tiontooliveoilpricesandavailabilityontheCommunity
marketandoliveoilpricesontheworldmarket;
Whereas,however,wheretheworldmarketsituationis
suchthatthemostfavourableoliveoilpricescannotbe
determined,accountmaybetakenofthepriceofthe
maincompetingvegetableoilsontheworldmarketand
thedifferencerecordedbetweenthatpriceandtheprice
ofoliveoilduringarepresentative period;
Whereastheamountoftherefundmaynotexceedthe
differencebetweenthepriceofoliveoilintheCommu­
nityandthatontheworldmarket,adjusted,whereappro­
priate,totakeaccountofexportcostsfortheproductson
theworldmarket;
Whereas,inaccordancewithArticle5ofRegulation
(EEC)No1650/86,itmaybedecidedthattherefund
shallbefixedbytender;Whereasthetenderingprocedureshouldcoverthe
amountoftherefundandmaybelimitedtocertaincoun­
triesofdestination,quantities,qualitiesandpresenta­
tions;
WhereasthesecondindentofArticle2ofRegulation
(EEC)No1650/86providesthattherefundonoliveoil
maybevariedaccordingtodestinationwheretheworld
marketsituationorthespecificrequirements ofcertain
marketsmakethisnecessary;
WhereasArticle3(1)ofRegulation(EEC)No1650/86
providesthattherefundmustbefixedatleastonceevery
month;whereasitmay,ifnecessary,bealteredinthe
interveningperiod;
Whereasitfollowsfromapplyingthesedetailedrulesto
thepresentsituationonthemarketinoliveoilandin
particulartooliveoilpriceswithintheCommunityand
onthemarketsofthirdcountriesthattherefundshould
beassetoutintheAnnexhereto;
Whereas,iftherefundsystemistooperatenormally,
refundsshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
tion(EEC)No2205/90Q,
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecuratespublishedintheOfficial
JournaloftheEuropeanCommunities ,Cseries,over
aperiodtobedetermined,multipliedbythecoeffi­
cientreferredtointheprecedingindent;
WhereasCouncilRegulation(EEC)No1432/92(8),as
amendedbyRegulation(EEC)No2015/92('),prohibits
tradebetweentheCommunityandtheRepublicsof
SerbiaandMontenegro ;whereasthisprohibitiondoes
notapplytocertainsituationsasgiveninthelimitative
enumeration laiddowninArticles2and3;whereasthis
shouldbetakenintoaccountwhenrefundsarefixed;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL215,30.7.1992,p.1.
(3)OJNoL145,30.5.1986,p.8.0OJNoL78,31.3.1972,p.1.OOJNoL164,24.6.1985,p.1.f)OJNoL201,31.7.1990,p.9.
(8)OJNoL151,3.6.1992,p.4.f)OJNoL205,22.7.1992,p.2. oOJNoL348,30.12.1977,p.53.

27.8.92 OfficialJournaloftheEuropeanCommunities NoL246/23
HASADOPTEDTHISREGULATION : Article2
Article1
TheexportrefundsontheproductslistedinArticle1(2)
(c)ofRegulationNo136/66/EECshallbeassetoutin
theAnnexhereto.ThisRegulationshallenterintoforceon1September
1992.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,26August1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommission Regulationof26August1992fixingtheexportrefundson
oliveoil
(ECU/100kg)
Productcode Amountofrefund(')(2)
15091090100 41,00
15091090900 64,00
15099000100 50,50
15099000900 82,50
15100090100 11,50
15100090900 42,00
(')FordestinationsmentionedinArticle34ofamendedCommissionRegulation(EEC)No3665/87aswellasfor
exportstothirdcountries.
(2)RefundsforexportstotheRepublicsofSerbiaandMontenegromayonlybegrantedforhumanitarianaid
suppliedbycharitableorganizationsfulfillingtheconditionslaiddowninArticle2(a)andArticle3ofCouncil
Regulation(EEC)No1432/92.
NB:TheproductcodesandthefootnotesaredefinedinamendedCommissionRegulation(EEC)
No3846/87.