NoL30/16 OfficialJournaloftheEuropeanCommunities 31.1.87
COMMISSION REGULATION (EEC)No295/87
of30January1987
fixingtheexportrefundsonoilseeds
differencebetweenpriceswithintheCommunityand
pricesontheworldmarketwheretheformerarehigher
thanthelatter;whereasArticle21ofRegulationNo'
136/66/EECprovidesthat,atpresent,Article28ofthat
Regulationappliesonlytocolza,rapeandsunflower
seeds;
Whereastherefundforcolzaandrapeseedsproducedin
SpainorPortugalisadjustedinaccordancewithCouncil
Regulation(EEC)No478/86(");THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation(EEC)No1454/86(2),
HavingregardtoCouncilRegulationNo142/67/EECof
21June1967onexportrefundsoncolza,rapeand
sunflowerseeds(3),aslastamendedbyRegulation(EEC)
No2429/72(4),andinparticularthefirstsentenceof
Article2(3)thereof,
HavingregardtoCouncilRegulation(EEC)No1678/85
of11June1985fixingtheconversionratestobeapplied
inagriculture(*),aslastamendedbyRegulation(EEC)No
3923/86(*),
HavingregardtoCouncilRegulation(EEC)No1569/72
of20July1972layingdownspecialmeasuresforcolza,
rapeandsunflowerseedf7),aslastamendedbyRegulation
(EEC)No1474/84(8),andinparticularArticle2(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereasthetargetpriceandthemonthlyincreasesinthe
targetpriceforcolza,rapeandsunflowerseedforthe
1986/87marketingyearwerefixedbyCouncilRegula­
tions(EEC)No1457/86(9)and(EEC)No1458/86(10);WhereasArticle3ofRegulationNo142/67/EECprovides
thatwhentherefundisbeingcalculatedaccountmustbe
takenofpricesrulingonthevariousCommunitymarkets
whicharerepresentative fromthepointofviewofproces­
singandexportation ;themostfavourablequotations
recordedonthevariousmarketsofimportingthirdcoun­
triesandcostsincurredinplacingthegoodsontheworld
market;whereas,whentheamountoftherefundisbeing
fixed,accountmustalsobetakenofthelevelofmarket
priceswithintheCommunityfortheoilseedsreferredto
inArticle21ofRegulationNo136/66/EECandthe
futuretrendoftheseprices;whereas,furthermore ,
accountshouldbetakenoftheeconomicaspectofthe
proposedexportsandthesituationintheCommunity
regardingthesupplyofanddemandfortheseseeds;
Whereas,intheabsenceofatargetpriceforcolzaand
rapeseedforthe1987/88marketingyear,incasesof
advancefixingforthemonthofJuly1987oftherefund
ontheseproductsithasbeenpossibleonlytomakea
provisionalcalculationusingthetargetpriceforthe
1986/87marketingyear;whereasthereforesuchrefund
amountsmustbeappliedonlyprovisionally and
confirmedoralteredwhenthetargetpriceforthe
1987/88marketingyearisknown;
WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportstothird
countriesofoilseedsharvestedwithintheCommunity ;
whereastheamountofthisrefundmaynotexceedtheWhereastheestimatedproductionofcolzaandrapeseed
forthe1987/88marketingyearhasnotbeenfixed;
whereastheamounttobedeductedwhereappropriate ,
fromthesubsidyincompliancewiththesystemof
maximumguaranteedquantitiesreferredtoinArticle27a
ofRegulationNo136/66/EECanditseffectonthe
amountoftherefundcouldthereforenotbedetermined ;
whereastheamountsoftherefundshouldthereforeonly
beappliedonatemporarybasisandshouldbeconfirmed
orreplacedoncetheeffectsofthesystemofmaximum
guaranteedquantitiesforrapeseedareknown;(>)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL133,21.5.1986,p.8.
(3)OJNo125,26.6.1967,p.2461/67.
(4)OJNoL264,23.11.1972,p.1.0OJNoL164,24.6.1985,p.11.
(«)OJNoL367,27.12.1986,p.1.0OJNoL167,25.7.1972,p.9.
(8)OJNoL143,30.5.1984,p.4.0OJNoL133,21.5.1986,p.12.
(10)OJNoL133,21.5.1986,p.14. (")OJNoL53,1.3.1986,p.55.

31.1.87 OfficialJournaloftheEuropeanCommunities NoL30/17
WhereasArticle1ofCommissionRegulation(EEC)No
651/71of29March1971oncertaindetailedrulesforthe
applicationofexportrefundsonoilseeds(')aslast
amendedbyRegulation(EEC)No1815/84(2),provides
thattheamountoftherefundmustbecalculatedonthe
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(14);currencyoftheMemberStateconcernedandthe
centralrateofeachofthecurrenciesofthe
MemberStatesreferredtoin(a),and
—thespotmarketrateforthecurrencyofthe
MemberStateinquestioninrelationtoeachof
thecurrenciesoftheMemberStatesreferredtoin
(a),asrecordedoveraperiodtobedetermined ;
Whereas,however,pursuanttoArticle2aofRegulation
(EEC)No1569/72,themonetarydisparityforthemarke­
tingyears1984/85to1986/87willbecalculatedbya
methodwhichtakesintoaccountacoefficientappliedto
theconversionrateresultingfromthecentralrate;
whereasCommissionRegulation(EEC)No91/87(*)fixed
thecoefficient ;
WhereaspursuanttoArticle2(2)ofRegulation(EEC)No
1569/72forwarddifferentialamountsaretobedeter­
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,inthecaseofcolzaandrape
seed,befixedinaccordancewiththeAnnextothisRegu­
lation;whereasitisnotnecessarytofixarefundfor
sunflowerseed;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,WhereasArticle2ofRegulationNo142/67/EECprovides
thattherefundmaybevariedaccordingtodestination
wheretheworldmarketsituationorthespecificrequire­
mentsofcertainmarketsmakethisnecessary;
WhereasArticle4ofRegulation (EEC)No651/71
providesforthepublicationoftheamountofthefinal
refundobtainedfromtheconversionintoeachofthe
nationalcurrenciesoftheamountoftherefundinECU
plusorminusthedifferentialamount;whereasArticle1
ofCommissionRegulation(EEC)No1813/84(4),aslast
amendedbyRegulation(EEC)No3891/86(*),definedthe
elementswhichdeterminethedifferentialamounts;
whereastheseelementsareequaltotheincidenceonthe
targetpriceortherefundofthecoefficientderivedfrom
thepercentagereferredtoinArticle2(1)ofRegulation
(EEC)No1569/72;whereas,accordingtotheseprovi­
sions,thispercentagerepresents :
(a)forthoseMemberStateswhosecurrenciesaremain­
tainedasbetweenthemselveswithinaspreadatany
givenmomentof2,25%,thedifferencebetween:
—theconversionrateusedunderthecommonagri­
culturalpolicy,and
—theconversionrateresultingfromthecentralrate,
(b)fortheotherMemberStates,thedifferencebetween:
—therelationshipbetweentheconversionrateused
underthecommonagriculturalpolicyfortheHASADOPTEDTHISREGULATION :
Article1
1.Inthecaseofcolzaandrapeseed,theamountsof
therefundreferredtoinArticle4(1)ofRegulation(EEC)
No651/71shallbeassetoutintheAnnexhereto.(>)OJNoL75,30.3.1971,p.16.
(2)OJNoL170,29.6.1984,p.46.
(3)OJNoL113,28.4.1984,p.8.
(<)OJNoL170,29.6.1984,p.41.
/S\OT T 191QS£r,17 i6)OJNoL13,15.1.1987,p.13.

NoL30/18 OfficialJournaloftheEuropeanCommunities 31.1.87
2.Incasesofadvancefixingoftherefundoncolzaand
rapeseedforthemonthofJuly1987theamountwill
howeverbeconfirmedoralteredwitheffectfrom1July
1987onthebasisofthetargetpriceandconnected
measuressetfortheseproductsforthe1987/88marketing
yearforcolzaandrapeseed.
3.Incasesofadvancefixingoftherefundoncolzaand
rapeseedforthemonthofJuly,theamountshall
howeverbeconfirmedoralteredwitheffectfrom1July
1987totakeaccount,whereappropriate,oftheeffectsoftheapplicationofthesystemofmaximumguaranteed
quantitiesforcolzaandrapeseed.
4.Thereshallbenorefundonsunflowerseed.
Article2
ThisRegulationshallenterintoforceon1February1987.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30January1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof30January1987fixingtheexportrefundsoncolza
andrapeseed
(amountsper100kilograms)
Current
month2ndmonth 3rdmonth 4thmonth 5thmonth6thmonth(')
1.Grossrefunds(ECU):
—Spain
—Portugal
—otherMemberStates26,480
32,000
32,00026,976
32,496
32,49627,472
32,992
32,99227,472
32,992
32,99227,472
32,992
32,99223,504
29,024
29,024
2.Finalrefunds:I \ I \ \
Seedsharvestedandexportedfrom:
—FederalRepublicofGermany(DM)
—Netherlands (Fl)
—BLEU(Bfrs/Lfrs)
—France(FF)
—Denmark(Dkr)
—Ireland(£Irl)
—UnitedKingdom(£)
—Italy(Lit)
—Greece(Dr)
—Spain(Pta)
—Portugal(Esc)77,51
87,33
1491,89
215,50
268,11
23,605
16,604
47382
2845,22
3578,83
4382,2378,69
88,66
1515,14
219,02
272,35
23,993
16,915
48144
2877,25
3651,15
4451,7779,89
90,00
1538,39
222,28
276,58
24,378
17,226
48766
2904,51
3723,46
4489,4680,00
90,11
1537,70
221,77
276,58
24,202
17,226
48909
2888,90
3690,51
4477,5980,00
90,11
1537,70
221,77
276,58
24,202
17,226
48909
2888,90
3690,51
4477,5970,87
79,79
1346,57
194,34
242,33
20,996
14,604
42535
2331,50
3106,52
3826,07
(')SubjecttotheamounttobedeductedinaccordancewiththesystemofguaranteedmaximumquantitiesandtheCouncilDecisionregardingpricesandrelated
measuresforthe1987/88marketingyear.