Commission Regulation (EC) No 507/2000 of 8 March 2000 fixing the export refunds on olive oil
Date: 2000-03-08
Institutions: European Commission
Subjects: export refund, olive oil

9.3.2000

EN

Official Journal of the European Communities

L 62/23

COMMISSION REGULATION (EC) No 507/2000

of 8 March 2000

fixing the export refunds on olive oil

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation No 136/66/EEC of 22
September 1966 on the establishment of a common organ-
isation of the market in oils and fats (1), as last amended by
Regulation (EC) No 2702/1999 (2), and in particular Article 3(3)
thereof,

Whereas:

(1)

(2)

(3)

(4)

Article 3 of Regulation No 136/66/EEC provides that,
where prices within the Community are higher than
world market prices, the difference between these prices
may be covered by a refund when olive oil is exported
to third countries.

The detailed rules for fixing and granting export refunds
on olive oil are contained in Commission Regulation
(EEC) No 616/72 (3), as last amended by Regulation
(EEC) No 2962/77 (4).

Article 3(3) of Regulation No 136/66/EEC provides that
the refund must be the same for the whole Community.

In accordance with Article 3(4) of Regulation No 136/
66/EEC, the refund for olive oil must be fixed in the
light of the existing situation and outlook in relation to
olive oil prices and availability on the Community
market and olive oil prices on the world market.
However, where the world market situation is such that
the most favourable olive oil prices cannot be deter-
mined, account may be taken of the price of the main
competing vegetable oils on the world market and the
difference recorded between that price and the price of
olive oil during a representative period. The amount of
the refund may not exceed the difference between the
in the Community and that on the
price of olive oil
to take
world market, adjusted, where appropriate,

(5)

(6)

(7)

(8)

(9)

account of export costs for the products on the world
market.

In accordance with Article 3(3) third indent, point (b) of
Regulation No 136/66/EEC, it may be decided that the
refund shall be fixed by tender. The tendering procedure
should cover the amount of the refund and may be
limited to certain countries of destination, quantities,
qualities and presentations.

The second indent of Article 3(3) of Regulation No
136/66/EEC provides that the refund on olive oil may be
varied according to destination where the world market
situation or the specific requirements of certain markets
make this necessary.

The refund must be fixed at least once every month. It
may, if necessary, be altered in the intervening period.

follows from applying these detailed rules to the
It
present situation on the market
in olive oil and in
particular to olive oil prices within the Community and
on the markets of third countries that the refund should
be as set out in the Annex hereto.

The Management Committee for Oils and Fats has not
delivered an opinion within the time limit set by its
chairman,

HAS ADOPTED THIS REGULATION:

Article 1

The export refunds on the products listed in Article 1(2)(c) of
Regulation No 136/66/EEC shall be as set out in the Annex
hereto.

This Regulation shall enter into force on 9 March 2000.

Article 2

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 8 March 2000.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ 172, 30.9.1966, p. 3025/66.
(2) OJ L 327, 21.12.1999, p. 7.
(3) OJ L 78, 31.3.1972, p. 1.
(4) OJ L 348, 30.12.1977, p. 53.

L 62/24

EN

Official Journal of the European Communities

9.3.2000

ANNEX

to the Commission Regulation of 8 March 2000 fixing the export refunds on olive oil

(EUR/100 kg)

Product code

Amount of refund (1)

1509 10 90 9100

1509 10 90 9900

1509 90 00 9100

1509 90 00 9900

1510 00 90 9100

1510 00 90 9900

0,00

0,00

0,00

0,00

0,00

0,00

(1) For destinations mentioned in Article 34 of amended Commission Regulation (EEC) No 3665/87 (OJ L 351, 14.12.1987, p. 1), as well as

for exports to third countries.

NB: The product codes and the footnotes are defined in amended Commission Regulation (EEC) No 3846/87.