CELEX: 31987R2918
Language: en
Date: 1987-10-01 00:00:00
Title: Commission Regulation (EEC) No 2918/87 of 30 September 1987 fixing the export refunds on olive oil

No L 278 /20                                 Official Journal of the European Communities                                   1 . 10 . 87
                                         COMMISSION REGULATION (EEC) No 2918 /87
                                                         of 30 September 1987
                                                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
Economic Community,                                                     priate, to take account of export costs for the products on
                                                                        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 1915/87 (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 thes,e 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 1 636/87 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 183, 3 . 7. 1987, p. 7.
(3) OJ   No L 145 , 30 . 5 . 1986, p. 8 .
 4) OJ   No L 78 , 31 . 3 . 1972, p. 1 .                                («) OJ No L 164, 24. 6. 1985, p. 1 .
0   OJ   No L 348 , 30 . 12. 1977, p . 53 .                             0 OJ No L 153, 13 . 6 . 1987, p. 1 .
 ---pagebreak--- 1 . 10 . 87                                   Official Journal of the European Communities                                   No L 278 / 21
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 October 1987.
                     This Regulation shall be binding in its entirety and directly applicable in all Member
                     States .
                     Done at Brussels, 30 September 1987.
                                                                                       For the Commission
                                                                                        Frans ANDRIESSEN
                                                                                            Vice-President
                                                                     ANNEX
                     to  the Commission Regulation of 30 September 1987 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 litres or less, for destinations mentioned in
                              Article 5 of Commission Regulation (EEC) No 2730/79 ('), as well as on export to third coun­
                              tries                                                           ,                                  44,00
             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 litres or less, for destinations mentioned in
                              Article 5 of Regulation (EEC) No 2730/79 , as well as on export to third countries                 44,47
                (b)           Other :
                              Obtained by processing oils falling within subheading 1 5.07 A I c), whether or not blended
                              with virgin olive oil :
                              In immediate packings of a net capacity of 5 litres or less, for destinations mentioned in
                              Article 5 of Regulation (EEC) No 2730/79, as well as on export to third countries                   10,40
  1 OJ No L 317, 12. 12. 1979, p. 1 .