CELEX: 31986R0535
Language: en
Date: 1986-03-01 00:00:00
Title: Commission Regulation (EEC) No 535/86 of 28 February 1986 fixing the export refunds on olive oil

1 . 3 . 86                               Official Journal of the European Communities                               No L 55/23
                                     COMMISSION REGULATION (EEC) No 535/86
                                                      of 28 February 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 /
                                                                   67/EEC provides that the said refund must be fixed in
Having regard to Council Regulation No 136/66/EEC of               accordance with the following criteria :
22 September 1966 on the establishment of a common
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 616/72 (*), as last amended by            Whereas Article 7 of Regulation No 171 /67/EEC provides
Regulation (EEC) No 2962/77 (*);                                   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
                                                                        rate, multiplied by the corrective factor provided for in
(') OJ No 172, 30. 9. 1966, p. 3025/66.                                 the last paragraph of Article 3 (1 ) of Regulation (EEC)
(2) OJ No L 362, 31 . 12. 1985, p. 8 .
(3) OJ No 130, 28. 6. 1967, p. 2600/67.                                  No 1676/85 P),
(") OJ No L 264, 23. 11 . 1972, p. 1 .
0 OJ No L 78, 31 . 3 . 1972, p. 1 .
$ OJ No L 348, 30. 12. 1977, p. 53.                                 0 OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 55/24                                   Official Journal of the European Communities                                       1 . 3 . 86
— 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 March 1986.
                     This Regulation shall be binding in its entirety and directly applicable in all Member
                     States.
                     Done at Brussels, 28 February 1986.
                                                                                      For the Commission
                                                                                       Frans ANDRIESSEN
                                                                                          Vice-President
                                                                 <  ANNEX
                     to the Commission Regulation of 28 February 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 .