31973R1744

No L 176/54 Official. Journal of the European Communities 30 . 6. 73

REGULATION (EEC) No 1744/73 OF THE COMMISSION of 29 June 1973 fixing the export refund on olive oil

THE COMMISSION OF THE EUROPEAN Whereas Article 3 of Regulation No 171/67/EEC pro­ COMMUNITIES, vides that when the refund on olive oil is being fixed account must be taken of : Having regard to the Treaty establishing the Euro­ — the existing situation and the future trend with pean Economic Community ; regard to prices and availabilities of olive oil on the Community market and prices for olive oil Having regard to Council Regulation No 13 6/66/ on the world market; EEC (1) of 22 September 1966 on the establishment of a common organization of the market in oils and — the aims of the common organization of the mar­ fats, as last amended by the Act (2) annexed to the ket in olive oil which are to ensure equilibrium Treaty (3) on the Accession of new Member States to and the natural development of prices and trade the European Economic Community and the Euro­ on this market ; pean Atomic Energy Community, signed at Brussels on 22 January 1972 ; — the need to avoid disturbances on the Commu­ nity market ; and Having regard to Council Regulation No 162/66/ EEC (4) of 27 October 1966 on trade in oils and fats — the economic aspect of the proposed exports ; between the Community and Greece ; Whereas, furthermore, Article 4 of Regulation No Having regard to Council Regulation No 171/67/ 171/67/EEC provides that the said refund must be EEC (5) of 27 June 1967 on export refunds and fixed in accordance with the following criteria : levies on olive oil, as last amended by Regulation (EEC) No 2429/72 (6), and in particular the first sen­ — olive oil prices in the main producing areas of tence of Article 7 thereof ; the Community ;

— the most favourable quotations recorded on the Whereas Article 18 of Regulation No 136/66/EEC various markets of importing third countries and provides that, where prices within the Community Greece ; and are higher than world market prices, the difference between these prices may be covered by a refund — marketing costs and the most favourable trans­ when olive oil is exported to third countries ; port charges from Community markets in the main producing areas to ports or other points of Whereas Article 8 of Regulation No 162/66/EEC pro­ export in the Community, as well as costs in­ vides that Article 18 of Regulation No 136/66/EEC curred in placing the goods on the world mar­ and the measures taken in application thereof apply, ket ; subject to the provisions of the Agreement establish­ ing an Association between the European Economic Whereas Article 5 of Regulation No 171/67/EEC pro­ Community and Greece, to trade between the Com­ vides that the refund on olive oil may be varied ac­ munity and Greece ; cording to destination where the world market situa­ tion or the specific requirements of certain markets Whereas the rules and other provisions for fixing make this necessary ; and granting export refunds on olive oil are con­ tained in Regulation No 171 /67/EEC and (EEC) No Whereas Article 7 of Regulation No 171/67/EEC pro­ 616/72 (7) ; vides that the refund must be fixed at least once Whereas Article 2 of Regulation No 171 /67/EEC pro­ every month; whereas it may, if necessary, be altered vides that the refund must be the same for the whole in the intervening period ; Community : Whereas it follows from applying these rules and other provisions to the present situation on the mar­ (*) OJ No 172, 30. 9 . 1966, p. 3025/66 . («) OJ No L 73 , 27. 3 . 1972, p. 14 . ket in olive oil and in particular to olive oil prices (») OJ No L 73, 27. 3. 1972, p. 5 . within the Community and on the markets of third (4) OJ No 197, 29. 10. 1966, p. 3393/66. countries and Greece that the refund should be fixed («) OJ No 130, 28 . 6. 1967, p. 2600/67. at the amounts shown in the Annex to this Regu­ (8) OJ No L 264, 23 . 11 . 1972, p . 1 . (7) OJ No L 78 , 31 . 3 . 1972, p . 1 . lation ;

30 . 6 . 73 Official Journal of the European Communities No L 176/55

Whereas, if the refund system is to operate normally, Whereas the measures provided for in this Regu­ refunds should be calculated on the following basis : lation are in accordance with the Opinion of the Management Committee for Oils and Fats ; — in the case of currencies which are maintained in relation to each other, at any given moment,, within a band of 2-25 %>, a rate of exchange based HAS ADOPTED THIS REGULATION : on their effective parity ; Article 1 — for other currencies an exchange rate based on the The refunds on the products listed in Article 1 (2) arithmetic mean of the spot market rates of each< (c) of Regulation No 136/66/EEC, exported to third of these currencies recorded for a given period, in countries and Greece, are hereby fixed as shown in relation to the Community currencies referred to the Annex to this Regulation. N in the previous subparagraph ; Article 2 Whereas the Opinion of the Monetary Committee This Regulation shall enter into force on 1 Tulv was requested ; 1973 .

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done ac Brussels, 29 June 1973 . For the Commission P.J. LARDINOIS Member of the Commission

ANNEX

Refund in u.a./lOO kg applicable to olive oil from 1 July 1973

CCT heading No Description of goods Refund

15.07 Fixed vegetable oils, fluid or solid, crude, refined or purified : A Olive oil : I Having undergone a refining process : a) Obtained by refining virgin olive oil, whether or not blended with virgin olive oil : ( 1 ) In immediate packings of a net capacity of 5 kg or less : — on export to European third countries excluding Greece and third countries on the Mediterranean 3-000 — on exports to other third countries excluding Greece, European third countries and third countries on the Mediterranean 12-000 II Other : a) Virgin olive oil : ( 1 ) In immediate packings of a net capacity of 5 kg or less : — on exports to third countries excluding Greece, European third countries and third countries on the Mediterranean 12-000