CELEX: 31973R2377
Language: en
Date: 1973-09-01 00:00:00
Title: Regulation (EEC) No 2377/73 of the Commission of 31 August 1973 fixing the export refund on olive oil

1 . 9. 73                                  Official Journal of the European Communities                           No L 245/39
                                  REGULATION (EEC) No 2377/73 OF THE COMMISSION
                                                           of 31 August 1973
                                                 fixing the export refund on olive oil
THE COMMISSION OF THE EUROPEAN                                         Whereas Article 3 of Regulation No 171/67/EEC pro­
COMMUNITIES,                                                           vides that when the refund on olive oil is being fixed
                                                                       account must be taken of :
Having regard to the Treaty establishing the Euro­
pean Economic Community ;                                              — the existing situation and the future trend with
                                                                            regard to prices and availabilities of olive oil on
Having regard to Council Regulation No 136/66/                              the Community market and prices for olive oil
EEC (*) of 22 September 1966 on the establishment                           on the world market;
 of a common organization of the market in oils and
fats, as last amended by the Act (2) annexed to the                    — the aims of the common organization of the mar­
Treaty (3) on the Accession of new Member States to                         ket in olive oil which are to ensure equilibrium
the European Economic Community and the Euro­                               and the natural development of prices and trade
 pean Atomic Energy Community, signed at Brussels                           on this market ;
on 22 January 1972 ;
                                                                       — the need to avoid disturbances on the Commu­
 Having regard to Council Regulation No 162/66/                             nity market ; and
 EEC (4) of 27 October 1966 on trade in oils and fats
 between the Community and Greece ;                                    — the economic aspect of the proposed exports ;
 Having regard to Council Regulation No 171/67/
 EEC (5) of 27 June 1967 on export refunds and                         Whereas, furthermore, Article 4 of Regulation No
 levies on olive oil, as last amended by Regulation                    171/67/EEC provides that the said refund must be
 (EEC) No 2429/72 (6), and in particular the first sen­                fixed in accordance with the following criteria :
 tence of Article 7 thereof ;                                          — olive oil prices in the main producing areas of
                                                                            the Community ;
 Having regard to the Opinion of the Monetary
  Committee ;                                                          — the most favourable quotations recorded on the
 Whereas Article 18 of Regulation No 136/66/EEC                              various markets of importing third countries and
 provides that, where prices within the Community                            Greece ; and
 are higher than world market prices, the difference
 between these prices may be covered by a refund                       — marketing costs and the most favourable trans­
 when olive oil is exported to third countries ;                             port charges from Community markets in the
                                                                             main producing areas to ports or other points of
 Whereas Article 8 of Regulation No 162/66/EEC pro­                          export in the Community, as well as costs in­
  vides that Article 18 of Regulation No 136/66/EEC                          curred in placing the goods on the world mar­
  and the measures taken in application thereof apply,                       ket ;
  subject to the provisions of the Agreement establish­
  ing an Association between the European Economic                      Whereas Article 5 of Regulation No 171/67/EEC pro­
  Community and Greece, to trade between the Com­                       vides that the refund on olive oil may be varied ac­
  munity and Greece ;                                                   cording to destination where the world market situa­
                                                                        tion or the specific requirements of certain markets
  ^Whereas the rules and other provisions for fixing                    make this necessary ;
  and granting export refunds on olive oil are con­
  tained in Regulation No 171 /67/EEC and (EEC) No
  616/72 (7) ;                                                          Whereas Article 7 of Regulation No 171/67/EEC pro­
                                                                        vides that the refund must be fixed at least once
   Whereas Article 2 of Regulation No 171/67/EEC pro­                   every month ; whereas it may, if necessary, be altered
   vides that the refund must be the same for the whole                 in the intervening period ;
   Community ;
                                                                        Whereas it follows from applying these rules and
   (') OJ No   172, 30. 9. 1966, p. 3025/66.                            other provisions to the present situation on the mar­
   (l) OJ No   L 73, 27. 3. 1972, p. 14.                                ket in olive oil and in particular to olive oil prices
   (») OJ No   L 73, 27. 3 . 1972, p. 5 .                               within the Community and on the markets of third
   (*) OJ No   197, 29. 10. 1966, p. 3393/66.                           countries and Greece that the refund should be fixed
   (*) OJ No   130, 28 . 6. 1967, p. 2600/67.                           at the amounts shown in the Annex to this Regu­
   (•) OJ No   L 264, 23 . 11 . 1972, p. 1 .
   H   OJ No   L 78, 31 . 3 . 1972, p. 1 .                              lation ;
 ---pagebreak--- No L 245 /40                          Official Journal of the European Communities                               1 . 9. 73
Whereas, if the refund system is to operate normally,                Whereas the measures provided for in this Regu­
refunds should be calculated on the following basis :                lation are in accordance with the Opinion of the
                                                                      Management Committee for Oils and Fats ;
— in the case of currencies which are maintained in                   HAS ADOPTED THIS REGULATION :
    relation to each other, at any given moment,
    within a band of 2-25 °/o, a rate of exchange based                                      Article 1
    on their effective parity ;
                                                                      The refunds on the products listed in Article 1 (2)
                                                                      (c) of Regulation No 136/66/EEC, exported to third
                                                                      countries and Greece, are hereby fixed as shown in
— for other currencies an exchange rate based on the                  the Annex to this Regulation.
    arithmetic mean of the spot market rates of each
                                                                                             Article 2
    of these currencies recorded for a given period, in
    relation to the Community currencies referred to                  This Regulation shall enter into force on 1 Sep­
    in the previous subparagraph ;                                    tember 1973 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 31 August 1973 .
                                                                                 For the Commission
                                                                                   P.J. LARDINOIS
                                                                            Member of the Commission
                                                             ANNEX
                               Refund in u.a./lOO kg applicable to olive oil from 1 September 1973
    CCT heading No                                          Description of goods                           j     Refund
 15.07                   Fixed vegetable oils, fluid or solid, crude, refined or purified :
       A                 Olive oil :
         1               Having undergone a refining process :
         ' a)            Obtained by refining virgin olive oil, whether or not blended with virgin
                         olive oil :
                         ( 1 ) In immediate packings of a net capacity of 5 kg or less :
                               — on export to European third countries excluding Greece and third
                                   countries on the Mediterranean                                                  3-000
                               — on exports to other third countries excluding Greece, European third
                                   countries and third countries on the Mediterranean                            12000
          II             Other :
            a)           Virgin olive oil :
                         ( 1 ) In immediate packings of a net capacity of 5 kg or less :
                               — on exports to third countries excluding Greece, European third countries
                                   and third countries on the Mediterranean                                      12000