CELEX: 31988R0834
Language: en
Date: 1988-03-30 00:00:00
Title: Commission Regulation (EEC) No 834/88 of 29 March 1988 amending Regulation (EEC) No 3129/87 issuing a standing invitation to tender in order to determine refunds on exports of olive oil

No L 85/22                                  Official Journal of the European Communities                                 30 . 3 . 88
                                       COMMISSION REGULATION (EEC) No 834/88
                                                          of 29 March 1988
                    amending Regulation (EEC) No 3129/87 issuing a standing invitation to tender in
                                     order to determine refunds on exports of olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                            1 . In Article 1 (2), 'monthly is deleted.
Having regard to the Treaty establishing the European                 2. Article 3 (1 ) is replaced by the following :
Economic Community,
                                                                           ' 1 . The periods during which tenders may be
                                                                           submitted in response to the partial invitations to
                                                                           tender shall be as follows :
Having regard to Council Regulation (EEC) No
136/66/EEC of 22 September 1966 on the establishment
of a common organization of the market in oils and                         — for April, May, June, September and October :
fats ('), as last amended by Commission Regulation (EEC)                        from die fifth day to the ninth day of each month
No 3994/87 0,                                                                   at 1 p.m. and from the 15th to the 23rd day of
                                                                                each month at 1 p.m.,
                                                                              — for July and August : from the 15th to the 23rd
Having regard to Council Regulation ^EEC) No 1650/86                             day of each month at I p.m.
of 26 May 1986 on the refunds and levies applicable to
exports of olive oil (3), and in particular Article 7 thereof,             That deadline shall be in Belgian time. Where the day
                                                                           on which the deadline expires in a Member State is a
                                                                           public holiday for the authority responsible for
Whereas Commission Regulation (EEC) No 3129/87 (4)                         Receiving the tenders, the deadline shall expire at 1
issues a standing invitation to tender in order to                         p.m. on the last preceding, working day.'
determine refunds on exports of olive oil at monthly
intervals ;                                           •
                                                                      3. Article 7 (1 ) is replaced by the following :
Whereas the market situation and the objectives of                         *1 . In the light in particular of the current situation
Community exports make it necessary to fix refunds as
                                                                           and foreseeable development of the Community and
                                                                           world olive oil markets and of the tenders received, a
quickly as possible ; whereas provision should therefore                   maximum refund shall, in accordance with the
be made for fixing refunds twice a month in periods of
intense trade ; whereas Regulation (EEC) . No 3129/87                      procedure laid down in Article 38 of Regulation (EEC)
should be amended accordingly ;                                            No 136/66/EEC, be fixed for exports of the product
                                                                           falling within the subheadings listed in Article 1 .
                                                                           Refunds shall be fixed no later than the eighth
Whereas the measures provided for in this Regulation are                   working day after the expiry , of each deadline for the
                                                                           submission of tenders.'
in accordance with the opinion of the Management
Committee for Oils and Fats,
                                                                      4: Article 7 (5) is replaced by the following :
                                                                           '5. Export refunds shall be adjusted during the
                                                                           period of validity of the export licences as referred to
                                                                           in Article 9, in the light of changes in the threshold
                                                                           price occurring between the day of entry into force of
HAS ADOPTED THIS REGULATION :                                              the refund and the day on which the export
                                                                           declaration is accepted.'
                                                                       5. In Article 11 (1 ), 'the maximum rate of refund accepted
                              Article 1                                     in respect of the preceding month's invitation to
                                                                            tender' is replaced by 'the last maximum rate of refund
                                                                            fixed under the standing invitation to tender.'
Regulation (EEC) No 3129/87 is hereby amended as
follows :
                                                                                                   Article 2
(') OJ   No   172, 30. 9. 1966, p. 3025/66.
(2) OJ   No   L 377, 31 . 12. 1987, p. 31 .
0   OJ   No   L 145, 30.  5. 1986, p. 8.
 4) OJ   No   L 296, 21 . 10. 1987, p. 10.                             This Regulation shall enter into force on 4 April 1988.
 ---pagebreak--- 30. 3. 88                    Official Journal of the European Communities                        No L 85/23
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States.
          Done at Brussels, 29 March 1988 .
                                                                 For the Commission
                                                                  Frans ANDRIESSEN
                                                                     Vice-President