NoL205/42 OfficialJournaloftheEuropeanCommunities 30.!..88
COMMISSION REGULATION (EEC)No2375/88
of29July1988
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(*),
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(,2);
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(14)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.
0OJNoL164,24.6.1985,p.11.jOJNoL195,23.7.1988,p.1.
^OJNoL167,25.7.1972,p.9.
8)OJNoL197,26.7.1988,p.10.
»)OJNoL213,11.8.1975,p.1.
10)OJNoL252,3.9.1987,p.6.
")OJNoL197,26.7.1988,p.6.
12OJNoL197,26.7.1988,p.8.HOJNoL53,1.3.1986,p.55.HOJNoL75,30.3.1971,p.16.HOJNoL170,29.6.1984,p.46.

30.7.88 OfficialJournaloftheEuropeanCommunities NoL205/43
basisoftheweightofexportedseeds;whereasthisweight
mustbeadjustedtotakeaccountofanydifferences
betweenthepercentagesofmoistureandimpuritiesfound
toexistandthoseusedtodefinethestandardqualityfor
whichthetargetpriceisfixed;whereas,whenthisadjust­
mentisbeingmade,theweightoftheexportedseeds
mustbeincreasedbytheamountofthedifference
betweentheactualmoistureandimpuritiescontentand
thatusedtodefinethestandardqualityiftheformeris
lowerthanthelatter;whereas,iftheoppositeapplies,the
weightoftheexportedseedsmustbereducedbythe
sameamount;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;
WhereasArticle13ofRegulation(EEC)No2041/75
makesprovisionfortheperiodofvalidityofcertificates
fixingrefundsinadvancetobereducedifthemarket
situationwarrants;whereasintheinterestsofsound
marketmanagement areductionshouldbemade;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,Whereasthestandardqualityreferredtoabovewas
definedinArticle2ofCouncilRegulation(EEC)No
1102/84(');
WhereasArticle2ofRegulationNo142/67/EECprovides
thattherefundmaybevariedaccordingtodestination
wheretheworldmarketsituationorthespecificrequire­
mentsofcertainmarketsmakethisnecessary;
WhereasArticle4ofRegulation (EEC)No651/71
providesforthepublicationoftheamountofthefinal
refundobtainedfromtheconversionintoeachofthe
nationalcurrenciesoftheamountoftherefundinECU
plusormiflusthedifferentialamount;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 ;HASADOPTEDTHISREGULATION :
Article1
1.Inthecaseofcolzaandrapeseed,theamountsof
therefundreferredtoinArticle4(1)ofRegulation(EEC)
No651/71shallbeassetoutintheAnnexhereto.
2.Thereshallbenorefundonsunflowerseed.
3.Certificatesfixingtheexportrefundinadvanceshall
bevalidfromtheirdateofissueuntiltheendofthefollo­
wingmonth.
4.However,theamountoftheexportrefundforcolza
andrapeseedsshallbeconfirmedorreplacedwitheffect
from1August1988totakeaccount,whereapplicable,of
theconsequences oftheapplicationofthemaximum
garanteedquantitiessystem.
Article2(')OJNoL113,28.4.1984,p.8.
(2)OJNoL170,29.6.1984,p.41.0OJNoL200,21.7.1987,p.9. ThisRegulationshallenterintoforceon1August1988.

NoL205/44 OfficialJournaloftheEuropeanCommunities 30.7.88
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicablein-allMember
States.
DoneatBrussels,29July1988.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof29July1988fixingtheexportrefundsoncolza
andrapeseed
(amountsper100kilograms)
Current
801stperiod
9(')2ndperiod
103rdperiod
114thperiod
125thperiod
1
1.Grossrefunds(ECU):
—Spain
-—Portugal
—otherMemberStates
2.Finalrefunds:
Seedsharvestedandexportedfrom:
—FederalRepublicofGermany(DM)
—Netherlands (Fl)
—BLEU(Bfrs/Lfrs)
—France(FF)
—Denmark(Dkr)
—Ireland(£Irl)
—UnitedKingdom(£)
—Italy(Lit)
—Greece(Dr)
—Spain(Pta)
—Portugal(Esc)5,342
9,502
5,000
12,45
13,53
233,15
25,17
38,09
2,776
0,705
3824
0,00
819,98
1053,025,342
9,502
5,000
12,45
13,53
233,15
25,17
38,09
2,776
0,705
3824
0,00
819,98
1052,85
(')Subjecttothereductionresultingfromthemaximumguaranteedquantitiessystem.