CELEX: 31986R1678
Language: en
Date: 1986-05-31 00:00:00
Title: Commission Regulation (EEC) No 1678/86 of 30 May 1986 fixing the export refunds on olive oil

No L 146/ 16                              Official Journal of the European Communities                                   31 . 5. 86
                                      COMMISSION REGULATION (EEC) No 1678/86
                                                         of 30 May 1986
                                            fixing the export refunds on olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                             natural development of prices and trade on this
                                                                        market,
Having regard to the Treaty establishing the European               — the need to avoid disturbances on the Community
Economic Community,                                                     market, and
                                                                    — the economic aspect of the proposed exports ;
Having regard to the Act of Accession of Spain and
Portugal,
                                                                    Whereas, furthermore, Article 4 of Regulation No 171 /
Having regard to Council Regulation No 136/66/EEC of                67/EEC provides that the said refund must be fixed in
22 September 1966 on the establishment of a common                  accordance with the following criteria :
organization of the market in oils and fats ('), as last
amended by Regulation (EEC) No 3768/85 (2),                         — the olive oil prices in the main producing areas of the
                                                                        Community,
Having regard to Council Regulation No 171 /67/EEC of               — the most favourable quotations recorded on the
27 June 1967 on export refunds and levies on olive oil (3),             various markets of importing third countries, and
as last amended by Regulation (EEC) No 2429/72 (4), and
in particular the first sentence of Article 7 thereof,              — the marketing costs and the most favourable transport
                                                                        charges from Community markets in the main produ­
Having regard to the opinion of the Monetary Committee,                 cing areas to ports or other points of export in the
                                                                        Community, as well as costs incurred in placing the
                                                                        goods on the world market ;
Whereas Article 20 of Regulation No 136/66/EEC
provides that, where prices within the Community are
higher than world market prices, the difference between             Whereas Article 5 of Regulation No 171 /67/EEC provides
these prices may be covered by a refund when olive oil is           that the refund on olive oil may be varied according to
exported to third countries ;                                       destination where the world market situation or the
                                                                    specific requirements of certain markets make this neces­
                                                                    sary ;
Whereas the detailed rules for fixing and granting export
refunds on olive oil are contained in Regulations No
171 /67/EEC and (EEC) No 616/72 Q, as last amended by               Whereas Article 7 of Regulation No 171 /67/EEC provides
Regulation (EEC) No 2962/77 (*) ;                                   that the refund must be fixed at least once every month ;
                                                                    whereas it may, if necessary, be altered in the intervening
Whereas Article 2 of Regulation No 171 /67/EEC provides              period ;
that the refund must be the same for the whole Commu­
nity ;
                                                                    Whereas it follows from applying these detailed rules to
                                                                     the present situation on the market in olive oil and in
Whereas Article 3 of Regulation No 171 /67/EEC provides              particular to olive oil prices within the Community and
that when the refund on olive oil is being fixed account            on the markets of third countries that the refund should
must be taken of :                                                  be as set out in the Annex hereto :
— the existing situation and the future trend with regard
     to prices and availabilities of olive oil on the Commu­        Whereas, if the refund system is to operate normally,
      nity market and prices for olive oil on the world              refunds should be calculated on the following basis :
      market,
— the aims of the common organization of the market                  — in the case of currencies which are maintained in rela­
      in olive oil which are to ensure equilibrium and the               tion to each other at any given moment within a band
                                                                         of 2,25 % , a rate of exchange based on their central
(')  OJ  No  172, 30. 9. 1966, p. 3025/66.
                                                                         rate, multiplied by the corrective factor provided for in
(2)  OJ  No  L 362, 31 . 12. 1985, p. 8 .                                the last paragraph of Article 3 ( 1 ) of Regulation (EEC)
(3)  OJ  No  130, 28 . 6. 1967, p. 2600/67.                              No 1676/85 0,
 (4) OJ  No  L 264, 23. 11 . 1972, p. 1 .
 (*) OJ  No  L 78, 31 . 3. 1972, p. 1 .
 (*) OI No L 348 , 30 . 12. 1977, p. 53 .                            0 OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak---  31 . 5 . 86                                 Official Journal of the European Communities                                    No L 146/ 17
 — for other currencies, an exchange rate based on the                      whereas the measures provided for in this Regulation are
      arithmetic mean of the spot market rates of each of                   in accordance with the opinion of the Management
      these currencies recorded over a given period in rela­                Committee for Oils and Fats,
      tion to the Community currencies referred to in the
      previous indent, and the aforesaid coefficient ;
                                                                            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
 Whereas, pursuant to Article 275 of the Act of Accession                   the Annex hereto .
 of Spain and Portugal, refunds may be granted in the case
 of exports to Portugal ; whereas, in the light of the situa­                                           Article 2
 tion and the level of prices no refund should be fixed in
 the case of exports to Portugal ;                                          This Regulation shall enter into force on 1 June 1986 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 30 May 1986.
                                                                                      For the Commission
                                                                                       Frans ANDRIESSEN
                                                                                          Vice-President
                                                                   ANNEX
                    to  the Commission Regulation of 30 May 1986 fixing the export refunds on
                                                                   olive oil
                                                                                                                              (ECU / 100 kg)
    CCT heading No                                                    Description                                                Refund
     15.07                  Fixed vegetable oils, fluid or solid, crude, refined or purified :
           A                Olive oil :
              I             Untreated :
                (a)         Virgin olive oil :
                            In immediate packings of a net capacity of 5 kg or less, for destinations mentioned in Article
                            5 of Commission Regulation (EEC) No 2730/79 ('), as well as on export to third countries             54,47
             II             Other :
                (a)         Obtained by processing oils falling within subheading 1 5.07 A I a) or 1 5.07 A I b), whether or
                            not blended with virgin olive oil :
I                           In immediate packings of a net capacity of 5 kg or less, for destinations mentioned in Article
                            5 of Commission Regulation (EEC) No 2730/79 ('), as well as on export to third countries             54,47
(') OJ No L 317, 12. 12. 1979, p. 1 .