CELEX: 31988R1880
Language: en
Date: 1988-07-01 00:00:00
Title: Commission Regulation (EEC) No 1880/88 of 30 June 1988 fixing the export refunds on olive oil

No L 168/36                             Official Journal of the European Communities                                    1 . 7 . 88
                                    COMMISSION REGULATION (EEC) No 1880/88
                                                       of 30 June 1988
                                           fixing the export refunds on olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       Whereas the amount of the refund may not exceed the
                                                                  difference between the price of olive oil in the Commu­
                                                                  nity and that on the world market, adjusted, where appro­
Having regard to the Treaty establishing the European             priate, to take account of export costs for the products on
Economic Community,                                               the world market :
Having regard to the Act of Accession of Spain and
Portugal,                                                         Whereas, in accordance with Article 5 of Regulation
                                                                  (EEC) No 1650/86, it may be decided that the refund
                                                                  shall be fixed by tender ;
Having regard to Council Regulation No 136/66/EEC of
22 September 1966 on the establishment of a common
organization of the market in oils and fats ('), as last
amended by Regulation (EEC) No 1098/88 (2),                       Whereas the tendering procedure should cover the
                                                                  amount of the refund and may be limited to certain coun­
                                                                  tries of destination, quantities, qualities and presenta­
Having regard to Council Regulation (EEC) No 1650/86              tions ;
of 26 May 1986 on export refunds and levies on olive
oil (3), and in particular the first sentence of Article 3 (1 )
thereof,                                                          Whereas the second indent of Article 2 of Regulation
                                                                  (EEC) No 1650/86 provides that the refund on olive oil
Having regard to the opinion of the Monetary Committee,           may be varied according to destination where the world
                                                                  market situation or the specific requirements of certain
                                                                  markets make this necessary ;
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 3 (1 ) of Regulation (EEC) No 1650/86
these prices may be covered by a refund when olive oil is         provides that the refund must be fixed at least once every
exported to third countries ;                                     month ; whereas it may, if necessary, be altered in the
                                                                  intervening period ;
Whereas the detailed rules for fixing and granting export
refunds on olive oil are contained in Regulations (EEC)
No 1650/86 and (EEC) No 616/72 (4), as last amended by            Whereas it follows from applying these detailed rules to
Regulation (EEC) No 2962/77 (*) ;                                  the present situation on the market in olive oil and in
                                                                   particular to olive oil prices within the Community and
                                                                  on the markets of third countries that the refund should
Whereas the first indent of Article 2 of Regulation (EEC)         be as set out in the Annex hereto :
No 1650/86 provides that the refund must be the same
for the whole Community ;
                                                                  Whereas, if the refund system is to operate normally,
Whereas, in accordance with Article 4 of Regulation                refunds should be calculated on the following basis :
(EEC) No 1650/86, the refund for olive oil must be fixed
in the light of the existing situation and outlook in rela­       — in the case of currencies which are maintained in rela­
tion to olive oil prices and availability on the Community             tion to each other at any given moment within a band
market and olive oil prices on the world market ;                      of 2,25 % , a rate of exchange based on their central
                                                                        rate, multiplied by the corrective factor provided for in
Whereas, however, where the world market situation is                   the last paragraph of Article 3 (1 ) of Council Regula­
such that the most favourable olive oil prices cannot be                tion (EEC) No 1676/85 (®), as last amended by Regula­
determined, account may be taken of the price of 'the                   tion (EEC) No 1636/87 0 ;
main competing vegetable oils on the world market and             — for other currencies, an exchange rate based on the
the difference recorded between that price and the price                arithmetic mean of the spot market rates of each of
of olive oil during a representative period ;                           these currencies recorded over a given period in rela­
                                                                        tion to the Community currencies referred to in the
(') OJ No 172, 30. 9. 1966, p. 3025/66.                                 previous indent, and the aforesaid coefficient ;
(2) OJ No L 110, 29. 4. 1988, p. 10.
P) OJ No L 145, 30: 5. 1986, p. 8.
(«) OJ No L 78, 31 . 3. 1?72, p. 1 .                               (*) OJ No L 164, 24. 6. 1985, p. 1 .
$ OJ No L 348, 30. 12. 1977, p. 53.                                O OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- 1 . 7. 88                                   Official Journal of the European Communities                                    No L 168/37
Whereas pursuant to Article 275 of the Act of Accession                      HAS ADOPTED THIS REGULATION :
of Spain and Portugal, refunds may be granted in the case
of exports to Portugal ; whereas, in the light of the situa­                                           Article 1
tion and the level of prices no refund should be fixed in
the case of exports to Portugal ;                                            The export refunds on the products listed in Article 1 (2)
                                                                             (c) of Regulation No 136/66/EEC shall be as set out in
                                                                             the Annex hereto.
Whereas the measures provided for in this Regulation are                                               Article 2
in accordance with the opinion of the Management
Committee for Oils and Fats,                                                 This Regulation shall enter into force on 1 July 1988.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                 Done at Brussels, 30 June 1988 .
                              \
                                                                                      For the Commission
                                                                                       Frans ANDRIESSEN
                                                                                          Vice-President
                                                                     ANNEX
                to the Commission Regulation of 30 June 1988 fixing die export refunds on
                                                                     olive oil
                                                                                                              (ECU/100 kg)
                                        Product code                                    Amount of refund (')
                                      1509 10 90 100                                           55,40
                                      1509 10 90 900                                          102,92
                                      1509 90 00 100                                           59,40
                                      1509 90 00 900                                          109,00
                                      1510 00 90 100                                           15,45
                                      1510 00 90 900                                           54,50
                (') For destinations mentioned in Article 5 of Commission Regulation (EEC) No 2730/79 (OJ No L 317, 12. 12.
                    1979, p. 1 ), as well as for exports to third countries.
                NB : The product codes and the footnotes are defined in Regulation (EEC) No 3846/87 as amended.