CELEX: 31976R0503
Language: en
Date: 1976-03-05 00:00:00
Title: Commission Regulation (EEC) No 503/76 of 5 March 1976 supplementing Regulation (EEC) No 616/72 on detailed rules for the application of export refunds and levies for olive oil

No L 59/26                              Official Journal of the European Communities                                 6 . 3 . 76
                                     COMMISSION REGULATION ( EEC) No 503/76
                                                       of 5 March 1976
              supplementing Regulation (EEC) No 616/72 on detailed rules for the application
                                           of export refunds and levies on olive oil
THE COMMISSION OF THE EUROPEAN                                     to qualities of olive oil in respect of which there are
COMMUNITIES,                                                       cash refunds ;
Having regard to the Treaty establishing the European              Whereas Regulation (EEC) No 61 6/72 (6), as last
Economic Community,                                                amended by Regulation (EEC) No 3366/75 (7), should
                                                                   therefore be supplemented by a new Article 2 laying
Having regard to Council Regulation No 136/ 66/ EEC                down the necessary prerequisites for the granting of
of 22 September 1966 on the common organization of                 an authorization to import free of levy ;
the market in oils and fats ('), as last amended by
Regulation (EEC) No 1707/73 (2),                                   Whereas the measures provided for in this Regulation
                                                                   are in accordance with the opinion of the Manage­
Having regard to Council Regulation No 162/66/ EEC                 ment Committee for Oils and Fats,
of 27 October 1966 on trade in oils and fats between
the Community and Greece (3),
                                                                   HAS ADOPTED THIS REGULATION :
Having regard to Council Regulation No 171 /67/ EEC
of 27 June 1967 on export refunds and levies on olive                                          Article 1
oil (4), as last amended by Regulation ( EEC) No
2429/72 (5), and in particular Article 1 1 thereof,                There shall be added to Regulation (EEC) No 616/72
                                                                   the following Article :
Whereas Regulation No 171 /67/ EEC states that in                        ' Article 2
order to maintain traditional trade patterns, export
refunds may be granted either in the form of cash                        The authorization to import free of levy, referred
refunds or in the form of an authorization to import,                    to in Article 9 ( 1 ) of Regulation No 171 /67/ EEC,
free of levy, a quantity of olive oil corresponding to                   shall be granted for those qualities of olive oil in
the quantity exported ;                                                  respect of which there is a cash refund on the day
                                                                         on which the application for that authorization is
Whereas, when the second alternative is applied in                       submitted .'
the form of a so-called EX/ IM procedure, it is possible
under that procedure to import olive oil in respect of                                         Article 2
which no export refund is granted and this is
currently creating new trade patterns ; whereas                    This Regulation shall enter into force on the day
pursuant to Article 9 of Regulation No 171 /67/ EEC,                following its publication in the Official Journal of
authorizations to import free of levy should be limited             the European Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels , 5 March 1976 .
                                                                                For the Commission
                                                                                  P.J. LARDINOIS
                                                                            Member of the Commission
(>) OJ No 172, 30 . 9. 1966, p. 3025/66.
(2) OJ No L 175, 29 . 6 . 1973, p. 5 .
(3 ) OJ No 197 , 29 . 10 . 1966, p . 3393 / 66 .
 (4 ) OJ No 130 , 28 . 6 . 1967, p . 2600/ 67 .                     ( 6) OJ No L 78 , 31 . 3 . 1972, p . 1 .
 (5) OJ No L 264, 23 . 11 . 1972, p. 1 .                            ("') OJ No L 333 , 30 . 12 . 1975, p. 13 .