CELEX: 31992R1621
Language: en
Date: 1992-06-25 00:00:00
Title: Commission Regulation (EEC) No 1621/92 of 24 June 1992 fixing the export refunds on olive oil

25. 6. 92                                 Official Journal of the European Communities                              No L 170/29
                                       COMMISSION REGULATION (EEC) No 1621 /92
                                                         of 24 June 1992
                                            fixing the export refunds on olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         Whereas, in accordance with Article 5 of Regulation
                                                                    (EEC) No 1650/86, it may be decided that the refund
Having regard to the Treaty establishing the European               shall be fixed by tender ;
Economic Community,
                                                                    Whereas the tendering procedure should cover the
 Having regard to Council Regulation No 136/66/EEC of               amount of the refund and may be limited to certain coun­
22 September 1966 on the establishment of a common                  tries of destination, quantities, qualities and presenta­
organization of the market in oils and fats ('), as last            tions ;
amended by Regulation (EEC) No 1720/91 (2),
                                                                    Whereas the second indent of Article 2 of Regulation
 Having regard to Council Regulation (EEC) No 1650/86               (EEC) No 1650/86 provides that the refund on olive oil
of 26 May 1986 on export refunds and levies on olive                may be varied according to destination where the world
oil (3), and in particular the first sentence of Article 3(1 )      market situation or the specific requirements of certain
thereof,
                                                                    markets make this necessary ;
 Having regard to the opinion of the Monetary Committee,
                                                                    Whereas Article 3 (1 ) of Regulation (EEC) No 1650/86
Whereas Article 20 of Regulation No 136/66/EEC                      provides that the refund must be fixed at least once every
                                                                    month ; whereas it may, if necessary, be altered in the
 provides that, where prices within the Community are
 higher than world market prices, the difference between            intervening period ;
 these prices may be covered by a refund when olive oil is
 exported to third countries ;                                      Whereas it follows from applying these detailed rules to
                                                                    the present situation on the market in olive oil and in
Whereas the detailed rules for fixing and granting export           particular to olive oil prices within the Community and
 refunds on olive oil are contained in Regulation (EEC) No          on the markets of third countries that the refund should
 1650/86 and Commission Regulation (EEC) No                         be as set out in the Annex hereto ;
 616/72 (4), as last amended by Regulation (EEC) No
 2962/77 0 ;                                                        Whereas, if the refund system is to operate normally,
                                                                    refunds should be calculated on the following basis :
Whereas the first indent of Article 2 of Regulation (EEC)
 No 1650/86 provides that the refund must be the same               — in the case of currencies which are maintained in rela­
 for the whole Community ;                                               tion to each other at any given moment within a band
                                                                         of 2,25 %, a rate of exchange based on their central
Whereas, in accordance with Article 4 of Regulation                      rate, multiplied by the corrective factor provided for in
(EEC) No 1650/86, the refund for olive oil must be fixed                 the last paragraph of Article 3 ( 1 ) of Council Regula­
in the light of the existing situation and outlook in rela­              tion (EEC) No 1676/85 (6), as last amended by Regula­
tion to olive oil prices and availability on the Community               tion (EEC) No 2205/90 0,
market and olive oil prices on the world market ;                   — for the other currencies, an exchange rate based on an
                                                                         average of the ecu rates published in the Official
Whereas, however, where the world market situation is                   Journal of the European Communities, C series, over
such that the most favourable olive oil prices cannot be                 a period to be determined, multiplied by the coeffi­
determined, account may be taken of the price of the                     cient referred to in the preceding indent ;
main competing vegetable oils on the world market and
the difference recorded between that price and the price            Whereas by its Regulation (EEC) No 1432/92 (8) the
of olive oil during a representative period ;                       Council prohibited trade between the Community and
                                                                    the Republics of Serbia and of Montenegro ; that it is
Whereas the amount of the refund may not exceed the                 important to take account of it at the time of the fixing of
difference between the price of olive oil in the Commu­             the refunds ;
nity and that on the world market, adjusted, where appro­
priate, to take account of export costs for the products on
the world market :                                                  Whereas the measures provided for in this Regulation are
                                                                    in accordance with the opinion of the Management
                                                                    Committee for Oils and Fats,
(') OJ   No 172, 30. 9. 1966, p. 3025/66.
O   OJ   No L 162, 26. 6. 1991 , p. 27.
(3) OJ   No L 145, 30. 5. 1986, p. 8.                               (6) OJ No L 164, 24. 6. 1985, p. 1 .
0   OJ   No L 78, 31 . 3. 1972, p. 1 .                              O OJ No L 201 , 31 . 7. 1990, p. 9.
0   OJ   No L 348 , 30 . 12. 1977, p. 53.                           (") OJ No L 151 , 3. 6. 1992, p. 4.
 ---pagebreak--- No L 170/30                                Official Journal of the European Communities                                        25. 6. 92
HAS ADOPTED THIS REGULATION :                                              2.     Export refunds towards the Republics of Montenegro
                                                                           and Serbia are not fixed.
                            Article 1
1 . The export refunds on the products listed in Article                                               Article 2
1 (2) (c) of Regulation No 136/66/EEC shall be as set out
in the Annex hereto .                                                      This Regulation shall enter into force on 1 July 1992.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 24 June 1992.
                                                                                     For the Commission
                                                                                       Ray MAC SHARRY
                                                                                 Member of the Commission
                                                                    ANNEX
                 to the Commission Regulation of 24 June                      1992 fixing the export refunds on
                                                                    olive oil
                                                                                                               (ECU/100 kg)
                                        Product code                                    Amount of refund (')
                                      1509 10 90 100                                            38,50
                                      1509 10 90 900                                            64,00
                                      1509 90 00 100                                            48,50
                                      1509 90 00 900                                            79,00
                                      1510 00 90 100                                            10,50
                                      1510 00 90 900                                            42,00
                 (') For destinations mentioned in Article 34 of amended Commission Regulation (EEC) No 3665/87 as well as for
                     exports to third countries.
                 NB : The product codes and the footnotes are defined in amended Commission Regulation (EEC)
                        No 3846/87.