1.12.76 OfficialJournaloftheEuropeanCommunities NoL332/29
COMMISSION REGULATION (EEC)No2905/76
of30November 1976
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
of22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsand
fats(*),aslastamendedbyRegulation (EEC)No
1707/73(2),
HavingregardtoCouncilRegulationNo162/66/EEC
of27October1966ontradeinoilsandfatsbetween
theCommunityandGreece(3),
HavingregardtoCouncilRegulationNo142/67/EEC
of21June1967onexportrefundsoncolza,rapeand
sunflowerseeds(*),aslastamendedbyRegulation
(EEC)No2429/72(5),andinparticularthefirst
sentenceofArticle2(3)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,WhereasArticle1ofCommissionRegulation(EEC)
No651/71of29March1971oncertaindetailedrules
fortheapplicationofexportrefundsonoilseeds(6),
providesthattheamountoftherefundmustbecalcu­
latedonthebasisoftheweightofexportedseeds;
whereasthisweightmustbeadjustedtotakeaccount
ofanydifferencesbetweenthepercentagesofmois­
tureandimpuritiesfoundtoexistandthoseusedto
definethestandardqualityforwhichthetargetprice
isfixed;whereas,whenthisadjustmentisbeing
made,theweightoftheexportedseedsmustbe
increasedbytheamountofthedifferencebetweenthe
actualmoistureandimpuritiescontentandthatused
todefinethestandardqualityiftheformerislower
thanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount;WhereasArticle28ofRegulationNo136/66/EEC
providesthatarefundmaybegrantedonexportsto
thirdcountriesofoilseedsharvestedwithinthe
Community ;whereastheamofintofthisrefundmay
notexceedthedifferencebetweenpriceswithinthe
Communityandprices"*ontheworldmarketwhere
theformerarehigherthanthelatter;whereasArticle
21ofRegulationNo136/66/EECprovidesthat,at
present,Article28ofthatRegulationappliesonlyto
colza,rapeandsunflowerseeds;
WhereasArticle8ofRegulationNo162/66/EEC
providesthatArticle28ofRegulationNo136/
66/EECandmeasurestakeninapplicationthereof
apply,subjecttotheprovisionsoftheAgreementesta­
blishinganAssociationbetweentheEuropean
EconomicCommunityandGreece,totradebetween
theCommunityandGreece;Whereasthestandardqualityreferredtoaboveis
definedinAnnexIIIofCouncilRegulation(EEC)No
833/76of6April1976fixingcertainpricesandother
amountsapplicableinagricultureforthe1976/77
marketingyear(7);
WhereasArticle2ofRegulationNo142/67/EEC
providesthattherefundmaybevariedaccordingto
destinationwheretheworldmarketsituationorthe
specificrequirements ofcertainmarketsmakethis
necessary ;(>)OJNo172,30.9.1966,p.3025/66.
(*)OJNoL175,29.6.1973,p.5.
(>)OJNo197,29.10.1966,p.3393/66.
(*)OJNo125,26.6.1967,p.2461/67.
(5OJNoL264,23.11.1972,p.1.(6)OJNoL75,30.3.1971,p.16.
(7)OJNoL100,14.4.1976,p.12.

NoL332/30 OfficialJournaloftheEuropeanCommunities 1.12.76
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforOilsandFats,
HASADOPTEDTHISREGULATION :
Article1Whereas,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;TherefundsontheproductsreferredtoinArticle21
ofRegulationNo136/66/EEC,exportedtothirdcoun­
triesandGreece,areherebyfixedasshowninthe
AnnextothisRegulation.
Article2
ThisRegulationshallenterintoforceon1December
1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30November1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
ANNEX
Refundapplicabletooilseedsfrom1December1976
(IUIJIOOKA)
CCT
heading
NoDescriptionofgoods Refund
ex12.01
ex12.01Colzaandrapeseed,otherthanforsowing
Sunflowerseed,otherthanforsowing6-50