CELEX: 31998R2726
Language: en
Date: 1998-12-17 00:00:00
Title: Commission Regulation (EC) No 2726/98 of 17 December 1998 fixing the production refund for olive oil used in the manufacture of certain preserved foods

18. 12. 98            EN               Official Journal of the European Communities                                L 343/3
                                     COMMISSION REGULATION (EC) No 2726/98
                                                  of 17 December 1998
                  fixing the production refund for olive oil used in the manufacture of certain
                                                     preserved foods
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       Whereas Article 2 of Council Regulation (EEC) No 1103/
                                                                  97 of 17 June 1997 on certain provisions relating to the
Having regard to the Treaty establishing the European
                                                                  introduction of the euro (3) provides that as from 1
Community,
                                                                  January 1999, all references to the ecu in legal instru-
Having regard to Council Regulation No 136/66/EEC of              ments are to be replaced by references to the euro at the
22 September 1966 on the establishment of a common                rate of EUR 1 to ECU 1; whereas, for the sake of clarity,
organisation of the market in oils and fats (1), as last          the denomination ‘euro' should be used in this Regula-
amended by Regulation (EC) No 1638/98 (2), and in                 tion since it is to apply from 1 January 1999;
particular Article 20a thereof,
                                                                  Whereas the application of the above criteria results in
Whereas Article 20a of Regulation No 136/66/EEC                   the refund being fixed as shown below,
provides for the granting of a production refund for olive
oil used in the preserving industry; whereas under para-
graph 6 of that Article, and without prejudice to para-           HAS ADOPTED THIS REGULATION:
graph 3 thereof, the Commission shall fix this refund
every two months;
                                                                                             Article 1
Whereas by virtue of Article 20a (2) of the abovemen-
tioned Regulation, the production refund must be fixed            For the months of January and February 1999, the
on the basis of the gap between prices on the world               amount of the production refund referred to in Article
market and on the Community market, taking account of             20a(2) of Regulation No 136/66/EEC shall be EUR 44,00
the import charge applicable to olive oil falling within          per 100 kilograms.
CN subheading 1509 90 00 and the factors used for fixing
the export refunds for those olive oils during the refer-                                    Article 2
ence period; whereas it is appropriate to take as a refer-
ence period the two-month period preceding the begin-             This Regulation shall enter into force on 18 December
ning of the term of validity of the production refund;            1998.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 17 December 1998.
                                                                             For the Commission
                                                                                Franz FISCHLER
                                                                         Member of the Commission
(1) OJ 172, 30. 9. 1966, p. 3025/66.
(2) OJ L 210, 28. 7. 1998, p. 32.                                 (3) OJ L 162, 19. 6. 1997, p. 1.