Commission Regulation (EEC) No 3682/87 of 9 December 1987 amending Regulation (EEC) No 2677/85 laying down implementing rules in respect of the system of consumption aid for olive oil

COMMISSION  REGULATION (EEC) No 3682/87
of 9 December 1987
amending Regulation (EEC) No 2677/85 laying down implementing rules in respect of the system of consumption aid for olive oil
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
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 (1), as last amended by Regulation (EEC) No 1915/87 (2), and in particular Article 11 (8) thereof,
Whereas Article 18 of Commission Regulation (EEC) No 2677/85 (3), as last amended by Regulation (EEC) No 1617/87 (4), provides that where olive oil is exported, the undertaking concerned may apply for a certificate enabling it to recover a security lodged when a quantity of imported olive oil is released for free circulation; whereas in the case of olive oil exported under a sale from intervention stocks for export in accordance with the provisions of Commission Regulation (EEC) No 2960/77 of 23 December 1977 on detailed rules for the sale of olive oil held by intervention agencies (5), as last amended by Regulation (EEC) No 3818/85 (6) it should be specified that the abovementioned certificate may not be issued since, owing to the criteria laid down for the fixing of the minimum selling price, the release of the security would lead to the unwarranted enrichment of the exporter; whereas Regulation (EEC) No 2677/85 should be amended;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats,