CELEX: 31991R3707
Language: en
Date: 1991-12-19 00:00:00
Title: Commission Regulation (EEC) No 3707/91 of 18 December 1991 fixing the export refunds on olive oil

19. 12. 91                              Official Journal of the European Communities                              No L 350/43
                                       COMMISSION REGULATION (EEC) No 3707/91
                                                     of 18 December 1991
                                           fixing the export refunds on olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        Whereas the tendering procedure should cover the
                                                                   amount of the refund and may be limited to certain coun­
 Having regard to the Treaty establishing the European             tries of destination, quantities, qualities and presenta­
 Economic Community,                                               tions ;
 Having regard to Council Regulation No 136/66/EEC of              Whereas the second indent of Article 2 of Regulation
22 September 1966 on the establishment of a common                 (EEC) No 1650/86 provides that the refund on olive oil
 organization of the market in oils and fats ('), as last          may be varied according to destination where the world
amended by Regulation (EEC) No 1720/91 (2),                        market situation or the specific requirements of certain
 Having regard to Council Regulation (EEC) No 1650/86              markets make this necessary ;
 of 26 May 1986 on export refunds and levies on olive              Whereas Article 3 ( 1 ) of Regulation (EEC) No 1650/86
oil (3), and in particular the first sentence of Article 3(1 )     provides that the refund must be fixed at least once every
thereof,                                                           month ; whereas it may, if necessary, be altered in the
 Having regard to the opinion of the Monetary Committee,           intervening period ;
Whereas Article 20 of Regulation No 136/66/EEC                     Whereas it follows from applying these detailed rules to
 provides that, where prices within the Community are              the present situation on the market in olive oil and in
 higher than world market prices, the difference between           particular to olive oil prices within the Community and
                                                                   on the markets of third countries that the refund should
 these prices may be covered by a refund when olive oil is
                                                                   be as set out in the Annex hereto ;
 exported to third countries ;
Whereas the detailed rules for fixing and granting export          Whereas, if the refund system is to operate normally,
 refunds on olive oil are contained in Regulation (EEC) No         refunds should be calculated on the following basis :
 1650/86 and Commission Regulation (EEC) No                        — in the case of currencies which are maintained in rela­
 616/72 (4), as last amended by Regulation (EEC) No                     tion to each other at any given moment within a band
 2962/77 (*) ;                                                          of 2,25 % , a rate of exchange based on their central
                                                                        rate, multiplied by the corrective factor provided for in
Whereas the first indent of Article 2 of Regulation (EEC)               the last paragraph of Article 3 (1 ) of Council Regula­
 No 1650/86 provides that the refund must be the same                   tion (EEC) No 1676/85 (*), as last amended by Regula­
 for the whole Community ;                                              tion (EEC) No 2205/90 0,
Whereas, in accordance with Article 4 of Regulation                — for the other currencies, an exchange rate based on an
(EEC) No 1650/86, the refund for olive oil must be fixed                average of the ecu rates published in the Official
in the light of the existing situation and outlook in rela­             Journal of the European Communities, C series, over
tion to olive oil prices and availability on the Community              a period to be determined, multiplied by the coeffi­
market and olive oil prices on the world market ;                       cient referred to in the preceding indent ;
Whereas, however, where the world market situation is              Whereas the measures provided for in this Regulation are
such that the most favourable olive oil prices cannot be           in accordance with the opinion of the Management
determined, account may be taken of the price of the               Committee for Oils and Fats,
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 ;                      HAS ADOPTED THIS REGULATION :
Whereas the amount of the refund may not exceed the
difference between the price of olive oil in the Commu­                                       Article 1
nity and that on the world market, adjusted, where appro­
priate, to take account of export costs for the products on        The export refunds on the products listed in Article 1 (2)
the world market ;                                                 (c) of Regulation No 136/66/EEC shall be as set out in
                                                                   the Annex hereto.
Whereas, in accordance with Article 5 of Regulation
(EEC) No 1650/86, it may be decided that the refund                                           Article 2
shall be fixed by tender ;
                                                                   This Regulation shall enter into force on 19 December
(') OJ   No 172, 30. 9. 1966, p. 3025/66.                           1991 .
O   OJ   No L 162, 26. 6. 1991 , p. 27.
(3) OJ   No L 145, 30 . 5. 1986, p. 8.
(4) OJ   No L 78, 31 . 3. 1972, p. 1 .                             (6) OJ No L 164, 24. 6. 1985, p. 1 .
0   OJ   No L 348, 30. 12. 1977, p. 53.                            0 OJ No L 201 , 31 . 7. 1990, p. 9.
 ---pagebreak--- No L 350/44                             Official Journal of the European Communities                                      19. 12. 91
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 18 December 1991 .
                                                                                   For the Commission
                                                                                    Ray MAC SHARRY
                                                                                 Member of the Commission
                                                                 ANNEX
            to the Commission Regulation of 18 December 1991 fixing the export refunds on
                                                                  olive oil
                                                                                                            (ECU/100 kg)
                                   Product code                                      Amount of refund (')
                                 1509 10 90 100                                             21,00
                                 1509 10 90 900                                              0,00
                                 1509 90 00 100                                             38,00
                                 1509 90 00 900                                             72,00
                                 1510 00 90 100                                              8,00
                                 1510 00 90 900                                              0,00
            (') For destinations mentioned in Article 34 of amended Commission Regulation (EEC) No 3665/87 (OJ No L 351 ,
                14. 12. 1987, p. 1 ), 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 (OJ No L 366, 24. 12. 1987, p. 1).