CELEX: 31987R1458
Language: en
Date: 1987-05-28 00:00:00
Title: Commission Regulation (EEC) No 1458/87 of 27 May 1987 fixing the export refunds on olive oil

28 . 5. 87                               Official Journal of the European Communities                               No L 138/23
                                        COMMISSION REGULATION (EEC) No 1458/87
                                                          of 27 May 1987
                                             fixing the export refunds on olive oil
  THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         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 ;
  Having regard to the Treaty establishing the European
  Economic Community,
                                                                     Whereas the amount of the refund may not exceed the
                                                                      difference between the price of olive oil in the Commu­
  Having regard to the Act of Accession of Spain and                  nity and that on the world market, adjusted, where appro­
 Portugal,                                                            priate, to take account of export costs for the products on
                                                                     the world market ;
 Having regard to Council Regulation No 136/66/EEC of
 22 September 1966 on the establishment of a common                  Whereas, in accordance with Article 5 of Regulation
 organization of the market in oils and fats (1), as last            (EEC) No 1650/86, it may be decided that the refund
 amended by Regulation (EEC) No 1454/86 (2),                         shall be fixed by tender ;
 Having regard to Council Regulation (EEC) No 1650/86                Whereas the tendering procedure should cover the
 of 26 May 1986 on export refunds and levies on olive                amount of the refund and may be limited to certain coun­
 oil (3), and in particular the first sentence of Article 3(1 )      tries of destination, quantities, qualities and presenta­
 thereof,                                                            tions ;
 Having regard to the opinion of the Monetary Committee,             Whereas the second indent of Article 2 of Regulation
                                                                     (EEC) No 1650/86 provides that the refund on olive oil
                                                                     may be varied according to destination where the world
 Whereas Article 20 of Regulation No 136/66/EEC                      market situation or the specific requirements of certain
 provides that, where prices within the Community are                markets make this necessary ;
 higher than world market prices, the difference between
 these prices may be covered by a refund when olive oil is           Whereas Article 3 ( 1 ) of Regulation (EEC) No 1650/86
 exported to third countries ;                                       provides that the refund must be fixed at least once every
                                                                     month ; whereas it may, if necessary, be altered in the
Whereas the detailed rules for fixing and granting export            intervening period ;
 refunds on olive oil are contained in Regulations (EEC)
 No 1650/86 and (EEC) No 616/72 (4), as last amended by             Whereas it follows from applying these detailed rules to
Regulation (EEC) No 2962/77 (*) ;                                    the 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
Whereas the first indent of Article 2 of Regulation (EEC)           be as set out in the Annex hereto ;
 No 1650/86 provides that the refund must be the same
for the whole Community ;
                                                                    Whereas, if the refund system is to operate normally,
                                                                    refunds should be calculated on the following basis :
Whereas, in accordance with Article 4 of Regulation
(EEC) No 1650/86, the refund for olive oil must be fixed            — in the case of currencies which are maintained in rela­
in the light of the existing situation and outlook in rela­               tion to each other at any given moment within a band
tion to olive oil prices and availability on the Community                of 2,25 % , a rate of exchange based on their central
market and olive oil prices on the world market ;                         rate, multiplied by the corrective factor provided for in
                                                                          the last paragraph of Article 3 (1 ) of Council Regula­
Whereas, however, where the world market situation is                     tion (EEC) No 1676/85 (%
such that the most favourable olive oil prices cannot be            — for other currencies, an exchange rate based on the
determined, account may be taken of the price of the                      arithmetic mean of the spot market rates of each of
                                                                          these currencies recorded over a given period in rela­
(') OJ    No 172, 30. 9. 1966, p. 3025/66.                                tion to the Community currencies referred to in the
O   OJ    No L 133, 21 . 5. 1986, p. 6.                                   previous indent, and the aforesaid coefficient ;
(3) OJ    No L 145, 30. 5. 1986, p. 8.
 4) OJ    No L 78, 31 . 3. 1972, p. 1 .
0   OJ    No L 348, 30. 12. 1977, p. 53.                            («) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak---  No L 138/24                                   Official Journal of the European Communities                                       28 . 5. 87
 Whereas, pursuant to Article 275 of the Act of Accession                     HAS ADOPTED THIS REGULATION :
 of Spain and Portugal, refunds may be granted in the case
 of exports to Portugal ; whereas, in the light of the situa­                                              Article 1
 tion and the level of prices no refund should be fixed in
 the case of exports to Portugal ;                                            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.
 Whereas the measures provided for in this Regulation are                                                 Article 2
 in accordance with the opinion of the Management
 Committee for Oils and Fats,                                                 This Regulation shall enter into force on 1 June 1987.
                     This Regulation shall be binding in its entirety and directly applicable in all Member
                     States .
                     Done at Brussels, 27 May 1987.
                                                                                       For the Commission
                                                                                        Frans ANDRIESSEN
                                                                                            Vice-President
                                                                     ANNEX
                     to the Commission Regulation of 27 May 1987 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 litres or less, for destinations mentioned in
                              Article 5 of Commission Regulation (EEC) No 2730/79 ('), as well as on export to third coun­
                              tries                                                                                               43,00
             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 :
                              In immediate packings of a net capacity of 5 litres or less, for destinations mentioned in
                              Article 5 of Regulation (EEC) No 2730/79, as well as on export to third countries                   43,00
                (b)           Other :
                              Obtained by processing oils falling within subheading 15.07 A I c), whether or not blended
                              with virgin olive oil :
                              In immediate packings of a net capacity of 5 litres or less, for destinations mentioned in
                              Article 5 of Regulation (EEC) No 2730/79, as well as on export to third countries                    7,00
(') OJ No L 317, 12. 12. 1979, p. 1 .