NoL262/16 OfficialJournaloftheEuropeanCommunities 28.9.74
REGULATION (EEC)No2447/74OFTHECOMMISSION
of27September1974
amendingRegulation (EEC)No2637/70asregardstheapplicationofthe
systemsofimportandexportlicencesintheoliveoilsector
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(')of22September1966ontheestablish­
mentofacommonorganizationofthemarketinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(2),andinparticularArticle17(3)thereof;
HavingregardtoCouncilRegulationNo162/
66/EEC(3)of27October1966ontradeinoilsand
fatsbetweentheCommunityandGreece,andinparti­
cularArticle8thereof;
WhereasArticle2ofCommissionRegulation (EEC)
No1373/70(4)of10July1970oncommondetailed
rulesfortheapplicationofthesystemofimportand
exportlicencesandadvancefixingcertificatesforagri­
culturalproductssubjecttoasinglepricesystem,as
lastamendedbyRegulation (EEC)No2111/74(5),
fixedacertainmarginoftolerancewithregardtothe
quantityofproductsimportedorexportedas
cornparedwiththatshowninthelicence;whereasin
viewofnormalinternationalcommercialpracticein
respectofproductsintheoliveoilsector,themargin
oftolerancetobeappliedwherethequantities
importedorexportedaregreaterorlessthanthose
specifiedinthelicenceshouldinthecaseofproducts
fallingwithinsubheading23.04AoftheCommon
CustomsTariffbeincreased ;
WhereasArticle4ofCommissionRegulation (EEC)
No2637/70(6)of23December1970onspecial
detailedrulesfortheapplicationofthesystemof
importandexportlicencesandadvancefixingcertifi­
catesforagriculturalproducts,aslastamendedby
Regulation (EEC)No2186/74(7),specifiesawaiting
periodfortheissueoflicencesforproductsinthe
oliveoilsector;whereasinviewofnormalinterna­
tionalcommercialpracticeinrespectofcertainof
theseproducts,thisperiodshouldcontinuetoapply
onlyinrespectofoperationsconcerningoliveoil
itself;
WhereasthethirdindentofArticle4(3)ofRegula­
tion(EEC)No1373/70providesthatnolicenceshallberequiredforthepurposesofoperationsrelatingto
quantitiessuchthatthesecurityforthecorresponding
licencewouldbelessthantwounitsofaccount;
whereastheapplicationofthisprovisionintheolive
oilsectorwouldentailtheexemptionofoperations
relatingtorelativelylargequantities ;whereasitis
thusdesirable,forthepurposesofoperationsinthis
sector,tofixtheexemptionatalowerlevel;
WhereasRegulation (EEC)No2637/70shouldthere­
forebeamendedaccordingly ;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforOilsandFats,
HASADOPTED THISREGULATION :
Article1
ThereisinsertedinRegulation (EEC)No2637/70an
Article2aasfollows :
'Article2d
Inthecaseofproductsfallingwithinsubheading
23.04AoftheCommonCustomsTarifftheobliga­
tiontoimportortoexportshallbeconsideredto
havebeenfulfilledwherethequantityimportedor
exportedvariesbynotmorethan7%ineither
directionfromthatspecifiedinthelicence.'
Article2
ThetextofArticle4ofRegulation (EEC)No2637/70
isreplacedbythefollowing :
'InthecaseofproductsasspecifiedinArticle 1(2)
(c)ofRegulationNo136/66/EEC,andwithout
prejudicetotheapplicationoftheprovisionsof
Article20ofthesaidRegulationandotArticle6
ofRegulationNo162/66/EEC,thelicenceshall
beissuedonthefourthworkingdayfollowingthat
onwhichtheapplicationislodged.'
Article3
ThereisinsertedinRegulation (EEC)No2637/70an
Article8aasfollows:
'Article8<.i
Nolicenceshallberequiredforthepurposesof
operationsrelatingtoquantitiesnotexceeding100
kilogrammes .'
Article4
ThisRegulationshallenterintoforceonIOctober
1974.(')OJNo172,30.9.1966,p.3025/66.nOJNoL175,29.6.1973,p.5.
P)OJNo197,29.10.1966,p.3393/66.
(4)OJNoL158,20.7.1970,p.1.
(5)OJNoL220,10.8.1974,p.5.
(*>)OJNoL283,29.12.1970,p.15.
7OJNoL231,22.8.1974,p.9.

28.9.74 OfficialJournaloftheEuropeanCommunities NoL262/17
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27September1974.
FortheCommission
ThePresident
Francois-Xavier ORTOLI