Detailed Instructions: In this task, you are provided with an article of the legal acts. Your task is to classify it into three categories (Regulation, Decision and Directive) based on its content: 1) Regulation is a binding legislative act that must be applied in its entirety on a set date across all the member states (European Union countries). 2) Decision is binding on those to whom it is addressed (e.g. an European Union country or an individual company) and is directly applicable. 3) Directive is a legislative act that sets out a goal that all must achieve. However, it is up to the individual countries to devise their own laws on how to reach these goals.
Problem:Article 1 of Commission Regulation (EEC) No 616/72 of 27 March 1972 on detailed rules for the application of export refunds and levies on olive oil (7), is hereby amended to read as follows:'Article 1 1. The export refund shall be granted only on olive oils with a free fatty acid content expressed as oleic acid of not more than 30 grams per 100 grams.2. Where the exported olive oil is a mixture falling within subheading 15.07 A II composed of: (a) oil purchased in response to an invitation to tender for export, and(b) oil purchased directly on the Community market,the refund fixed for oils falling within subheading 15.07 A II shall be granted solely in respect of the quantity obtained directly from the Community market.' This Regulation shall enter into force on the day following its publication in the Official Journal of the European Communities.This Regulation shall be binding in its entirety and directly applicable in all Member States.
Solution:
Regulation