CELEX: 31998R2722
Language: en
Date: 1998-12-16 00:00:00
Title: Commission Regulation (EC) No 2722/98 of 16 December 1998 fixing the export refunds on olive oil

17. 12. 98             EN               Official Journal of the European Communities                                L 342/21
                                      COMMISSION REGULATION (EC) No 2722/98
                                                   of 16 December 1998
                                         fixing the export refunds on olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        market situation or the specific requirements of certain
                                                                   markets make this necessary;
Having regard to the Treaty establishing the European
Community,                                                         Whereas the refund must be fixed at least once every
                                                                   month; whereas it may, if necessary, be altered in the
Having regard to Council Regulation No 136/66/EEC of               intervening period;
22 September 1966 on the establishment of a common
organization of the market in oils and fats (1), as last           Whereas it follows from applying these detailed rules to
amended by Regulation (EC) No 1638/98 (2), and in                  the present situation on the market in olive oil and in
particular Article 3 (3) thereof,                                  particular to olive oil prices within the Community and
                                                                   on the markets of third countries that the refund should
Whereas Article 3 of Regulation No 136/66/EEC                      be as set out in the Annex hereto;
provides that, where prices within the Community are
higher than world market prices, the difference between            Whereas the representative market rates defined in Article
these prices may be covered by a refund when olive oil is          1 of Council Regulation (EEC) No 3813/92 (5), as last
exported to third countries;                                       amended by Regulation (EC) No 150/95 (6), are used to
                                                                   convert amounts expressed in third country currencies
Whereas the detailed rules for fixing and granting export          and are used as the basis for determining the agricultural
refunds on olive oil are contained in Commission Regula-           conversion rates of the Member States’ currencies;
tion (EEC) No 616/72 (3), as last amended by Regulation            whereas detailed rules on the application and determina-
(EEC) No 2962/77 (4);                                              tion of these conversions were set by Commission Regu-
                                                                   lation (EEC) No 1068/93 (7), as last amended by Regula-
                                                                   tion (EC) No 961/98 (8);
Whereas Article 3 (3) of Regulation No 136/66/EEC
provides that the refund must be the same for the whole
Community;                                                         Whereas Article 2 of Council Regulation (EC) No 1103/
                                                                   97 of 17 June 1997 on certain provisions relating to the
                                                                   introduction of the euro (9) provides that, as from 1
Whereas, in accordance with Article 3 (4) of Regulation            January 1999, all references to the ecu in legal instru-
No 136/66/EEC, the refund for olive oil must be fixed in           ments are to be replaced by references to the euro at the
the light of the existing situation and outlook in relation        rate of EUR 1 to ECU 1;
to olive oil prices and availability on the Community
market and olive oil prices on the world market; whereas,
however, where the world market situation is such that             Whereas the Management Committee for Oils and Fats
the most favourable olive oil prices cannot be determined,         has not delivered an opinion within the time limit set by
account may be taken of the price of the main competing            its chairman,
vegetable oils on the world market and the difference
recorded between that price and the price of olive oil
during a representative period; whereas the amount of the
refund may not exceed the difference between the price             HAS ADOPTED THIS REGULATION:
of olive oil in the Community and that on the world
market, adjusted, where appropriate, to take account of
export costs for the products on the world market;                                            Article 1
Whereas, in accordance with Article 3 (3) third indent,            The export refunds on the products listed in Article 1 (2)
point (b) of Regulation No 136/66/EEC, it may be                   (c) of Regulation No 136/66/EEC shall be as set out in
decided that the refund shall be fixed by tender; whereas          the Annex hereto.
the tendering procedure should cover the amount of the
refund and may be limited to certain countries of des-
tination, quantities, qualities and presentations;                                            Article 2
Whereas the second indent of Article 3 (3) of Regulation           This Regulation shall enter into force on 17 December
No 136/66/EEC provides that the refund on olive oil may            1998.
be varied according to destination where the world
                                                                   (5) OJ L 387, 31. 12. 1992, p. 1.
( 1) OJ 172, 30. 9. 1966, p. 3025/66.                              (6) OJ L 22, 31. 1. 1995, p. 1.
( 2) OJ L 210, 28. 7. 1998, p. 32.                                 (7) OJ L 108, 1. 5. 1993, p. 106.
( 3) OJ L 78, 31. 3. 1972, p. 1.                                   (8) OJ L 135, 8. 5. 1998, p. 5.
( 4) OJ L 348, 30. 12. 1977, p. 53.                                (9) OJ L 162, 19. 6. 1997, p. 1.
 ---pagebreak--- L 342/22       EN                     Official Journal of the European Communities                                         17. 12. 98
         This Regulation shall be binding in its entirety and directly applicable in all Member
         States.
         Done at Brussels, 16 December 1998.
                                                                                  For the Commission
                                                                                     Franz FISCHLER
                                                                             Member of the Commission
                                                              ANNEX
         to the Commission Regulation of 16 December 1998 fixing the export refunds on olive oil
                                                                                                           (ECU/100 kg)
                                Product code                                        Amount of refund (1)
                              1509 10 90 9100                                              0,00
                              1509 10 90 9900                                              0,00
                              1509 90 00 9100                                              0,00
                              1509 90 00 9900                                              0,00
                              1510 00 90 9100                                              0,00
                              1510 00 90 9900                                              0,00
         (1) For destinations mentioned in Article 34 of amended Commission Regulation (EEC) No 3665/87 (OJ 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.