CELEX: 31986R1277
Language: en
Date: 1986-05-01 00:00:00
Title: Commission Regulation (EEC) No 1277/86 of 30 April 1986 fixing the export refunds on olive oil

No L 114/26                                 Official Journal of the European Communities                                     1 . 5 . 86
                                       COMMISSION REGULATION (EEC) No 1277/86
                                                           of 30 April 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 61 6/72 (5), as last amended by
                                                                      Whereas Article 7 of Regulation No 171 /67/EEC provides
Regulation (EEC) No 2962/77 (6) ;                                     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,
(<) OJ  No  L 264, 23.    11 . 1972, p. 1 .
M OJ No L 78, 31 . 3. 1972, p. 1 .
(6) OJ No L 348, 30. 12. 1977, p. 53.                                  P) OJ No L 164, 24. 6 . 1985, p. 1 .
 ---pagebreak---   1 . 5. 86                                    Official Journal of the European Communities                                   No L 114/27
 — 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 May 1986.
                      This Regulation shall be binding in its entirety and directly applicable in all Member
                      States .
                      Done at Brussels, 30 April 1986.
                                                                                         For the Commission
                                                                                          Frans ANDRIESSEN
                                                                                             Vice-President
                                                                      ANNEX
                     to the Commission Regulation of 30 April 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           67,00
              II              Other :
                 (a)          Obtained by processing oils falling within subheading 15.07 A I a) or 15.07 A I b), whether or
                               not blended with 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           67,00
(' OJ No L 317, 12. 12. 1979 , p. 1 .