CELEX: 31988R3021
Language: en
Date: 1988-10-01 00:00:00
Title: Commission Regulation (EEC) No 3021/88 of 30 September 1988 fixing the export refunds on olive oil

1 . 10 . 88                              Official Journal of the European Communities                                 No L 271 /55
                                         COMMISSION REGULATION (EEC) No 3021/88
                                                         of 30 September 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
    Having regard to the Treaty establishing the European                 nity and that on the world market, adjusted, where appro­
    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
   Having regard to Council Regulation No 136/66/EEC of                   shall be fixed by tender ;
   22 September 1966 on the establishment of a common
   organization of the market in oils and fats ft, as last
   amended by Regulation (EEC) No 2210/88 (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
  these prices may be covered by a refund when olive oil is             Whereas Article 3 (1) of Regulation (EEC) No 1650/86
  exported to third countries ;                                         provides that the refund must be fixed at least once every
                                                                        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 ft ;                                      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 ft, 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
 the difference recorded between that price and the price             — for other currencies, an exchange rate based on the
of olive oil during a representative period ;                               arithmetic mean of the spot market rates of each of
                                                                            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 ;
0    OJ    No L 197, 26. 7. 1988, p. 1 .
(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--- No L 271 /56                                Official Journal of the European Communities                                       1 . 10 . 88
                                                                              HAS ADOPTED THIS REGULATION :
Whereas pursuant to Article 275 of the Act of Accession
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 Management Committee for Oils and Fats                                                      Article 2
has not delivered an opinion within the time limit set by
its chairman,                                                                 This Regulation shall enter into force on 1 October 1988.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 30 September 1988 .
                                                                                       For the Commission
                                                                                        Frans ANDRIESSEN
                                                                                           Vice-President
                                                                      ANNEX
                 to the Commission Regulation of 30 September 1988 fixing the export refunds on
                                                                      olive oil
                                                                                                               (ECU/100 kg)
                                        Product code                                      Amount of refund (')
                                       1509 10 90 100                                           50,00
                                       1509 10 90 900                                           98,00
                                       1509 90 00 100                                           53,00
                                       1509 90 00 900                                          103,00
                                       1510 00 90 100                                             8,00
                                       1510 00 90 900                                           50,00
                 (') 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.