COMMISSION REGULATION  (EEC) N° 3994/87
of 23 December 1987
amending Regulation N° 136/66/EEC on the common organization  of the market in oils
and fats
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) N° 2658/87 of 23 July 1987 on the tariff and statistical  nomenclature and on the Common Customs Tariff (1), as amended by Regulation (EEC) N° 3985/87 (2),  and in particular Article 15 thereof,
Whereas Council Regulation (EEC) N° 2658/87 establishes, with effect from 1 January 1988, a  combined goods nomenclature based on the Harmonized System which will meet the requirements both of  the Common Customs Tariff and the nomenclature of goods for the external trade statistics of the  Community;
Whereas, as a consequence, it is necessary to express the descriptions of goods and tariff heading  numbers which appear in Council Regulation N° 136/66/EEC (3), as last amended by Regulation (EEC)  N° 1915/87 (4), according to the terms of the combined nomenclature; whereas these adaptations do  not call for any amendment of substance;
Regulation N° 136/66/EEC is modified as follows:
1.
(2) is replaced by the following:
'2.  This Regulation shall cover the following products:
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31. 12. 87
Official Journal of the European Communities
2.
(1) is replaced by the following:
'1.  For the products referred to in Article 1 (2) (a), (b) and (d), with the exception of those  falling within subheading 0709 90 39 and 0711 20 90, and for the products falling within subheading  2306 90 11, the rates of duty shown in the combined nomenclature shall be applied.
For the products referred to in Article 1 (2) (c) and (e), with the exception of those falling  within subheading 2306 90 11, and for the products falling within subheadings 0709 90 39 and 0711  20 90, a system of levies on imports form third countries shall be applied.'
3.
4 (1) is replaced by the following:
'1.  Where untreated olive oil falling within subheadings 1509 10 and 1510 00 10 is imported from  third countries and where the threshold price is higher than the cif price, a levy equal to the  difference between these two prices shall be charged.'
4.
5 (1) and (2) are replaced by the following, respectively:
'1.  A levy shall be charged on imports from third countries of olive oil falling within  subheadings 1509 90 00 and 1510 00 90; this levy shall be composed of a variable component  corresponding to the levy applicable to the quantity of olive oil needed for production of the  imported oil, which may be fixed at a standard rate, and a fixed component to protect the  processing industry.
2.  Where, for one or more origins, the offer prices on the world market for olive oil falling  within subheadings 1509 90 00 and 1510 00 90 are not in line with the cif price referred to in  Article 14, the latter shall be replaced for the calculation of the variable component of the levy  by a price determined on the basis of the abovementioned offer prices.'
5.
7 (1) and (2) are replaced by the following, respectively:
'1.  On imports from third countries of olives falling within subheadings 0709 90 39 and 0711 20  90, a levy derived from the levy applicable to olive oil pursuant to Article 14 and based on the  oil content of the imported products shall be charged.
However, the levy charged may not be less than an amount equal to 8 % of the value of the imported  product, such amount to be fixed at a standard rate.
On imports from third countries of products falling within subheadings 2306 90 19, 1522 00 31 and  1522 00 39, a levy derived from the levy applicable to olive oil and based on the oil content of  the imported product shall be charged.'
This Regulation shall enter into force on 1  January 1988.
This Regulation shall be binding in its entirety and directly applicable in all  Member States.