Commission Regulation (EC) No 511/2003 of 20 March 2003 fixing the export refunds on olive oil
Date: 2003-03-20
Institutions: European Commission
Subjects: export refund, olive oil

21.3.2003

EN

Official Journal of the European Union

L 75/23

COMMISSION REGULATION (EC) No 511/2003

of 20 March 2003

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 organisa-
tion of the market in oils and fats (1), as last amended by Regu-
lation (EC) No 1513/2001 (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
world market, adjusted, where appropriate,
to take
account of export costs for the products on the world
market.

(5)

(6)

(7)

(8)

(9)

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.

It
follows from applying these detailed rules to the
present situation on the market in olive oil and in parti-
cular 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.

Article 2

This Regulation shall enter into force on 21 March 2003.

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

Done at Brussels, 20 March 2003.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ 172, 30.9.1966, p. 3025/66.
(2) OJ L 201, 26.7.2001, p. 4.
(3) OJ L 78, 31.3.1972, p. 1.
(4) OJ L 348, 30.12.1977, p. 53.

L 75/24

EN

Official Journal of the European Union

21.3.2003

ANNEX

to the Commission Regulation of 20 March 2003 fixing the export refunds on olive oil

Product code

Destination

Unit of measurement

Amount of refund

1509 10 90 9100

1509 10 90 9900

1509 90 00 9100

1509 90 00 9900

1510 00 90 9100

1510 00 90 9900

A00

A00

A00

A00

A00

A00

EUR/100 kg

EUR/100 kg

EUR/100 kg

EUR/100 kg

EUR/100 kg

EUR/100 kg

0,00

0,00

0,00

0,00

0,00

0,00

NB: The product codes and the ‘A’ series destination codes are set out in Commission Regulation (EEC) No 3846/87 (OJ

L 366, 24.12.1987, p. 1) as amended.
The numeric destination codes are set out in Commission Regulation (EC) No 1779/2002 (OJ L 269, 5.10.2002, p.
6).