Council Regulation (EEC) No 1620/77 of 18 July 1977 on imports of olive oil originating in Lebanon

COUNCIL REGULATION (EEC) No 1620/77  of 18 July 1977  on imports of olive oil originating in Lebanon
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Articles 43 and 113 thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament (1),
Whereas the Cooperation Agreement between the European Economic Community and the Lebanese Republic and the Interim Agreement (2) on the advance implementation of certain provisions of the Cooperation Agreement relating to trade in goods were signed on 3 May 1977;
Whereas Article 18 of the Cooperation Agreement and Article 11 of the Interim Agreement provide for special arrangements for imports of olive oil falling within subheading 15.07 A I of the Common Customs Tariff, wholly obtained in Lebanon and transported direct from that country to the Community ; whereas the implementation of these arrangements requires that implementing rules be adopted;
Whereas, provided that the Lebanese Republic levies a special charge on exports of such oil, the said special arrangements provide for a standard abatement of 0 750 unit of account per 100 kilograms of the levy applicable to such oil and a reduction of the said levy by an amount equal to the special charge but not exceeding four units of account per 100 kilograms;
Whereas, in accordance with the Agreement, the special charge on exports should be reflected in the price of the oil upon importation into the Community ; whereas, in order to ensure the correct application of the arrangements in question, the necessary measures should be adopted to ensure that the special charge on exports is paid at the latest when the oil is imported,