31974R1659

29 . 6 . 74 Official Journal of the European Communities No L 175/45

REGULATION ( EEC) No 1659/74 OF THE COMMISSION of 28 June 1974 fixing the export refund on olive oil

THE COMMISSION OF THE EUROPEAN the existing situation . and the future trend with COMMUNITIES , regard to prices and availabilities of olive oil on the Community market and prices for olive oil on Having regard to the Treaty establishing the European the world market ; Economic Community ; the aims of the common organization of the Having regard to Council Regulation No 136/ market in olive oil which are to ensure equili­ 66/ EEC (') of 22 September 1966 on the establish­ brium and the natural development of prices and ment of a common organization of the market in oils trade on this market ; and fats, as last amended by Regulation (EEC) No 1707/73 (2) ; — the need to avoid disturbances on the Community Having regard to Council Regulation No 162/ market ; and 66/ EEC (3) of 27 October 1966 on trade in oils and fats between the Community and Greece ; — the economic aspect of the proposed exports ; Having regard to Council Regulation No 171 / 67/ EEC (4) of 27 June 1967 on export refunds and Whereas, furthermore, Article 4 of Regulation No levies on olive oil, as last amended by Regulation 171 /67/EEC provides that the said refund must be (EEC) No 2429/72 (5), and in particular the first fixed in accordance with the following criteria : sentence of Article 7 thereof ;

— olive oil prices in the main producing areas of the Having regard to the Opinion of the Monetary Committee ; Community ;

Whereas Article 18 of Regulation No 136/66/ EEC — the most favourable quotations recorded on the provides that, where prices within the Community are various markets of importing third countries and higher than world market prices, the difference Greece ; and between these prices .may be covered by a refund when olive oil is exported to third countries ; — marketing costs and the most favourable transport charges from Community markets in the main Whereas Article 8 of Regulation No 162/66/ EEC producing areas to ports or other points of export provides that Article 18 of Regulation No 136/ • in the Community, as well as costs incurred in 66/ EEC and the measures taken in application thereof placing the goods on the world market ; apply, subject to the provisions of the Agreement esta­ blishing an Association between the European Economic Community and Greece , to trade between Whereas Article 5 of Regulation No 171 / 66/ EEC the Community and Greece ; provides that the refund on olive oil may be varied according to destination where the world market situa­ Whereas the rules and other provisions for fixing and tion or the specific requirements of certain markets granting export refunds on olive oil are contained in make this necessary ; Regulation No 171 /67/ EEC and (EEC) No 616/72 (6) ;

Whereas Article 2 of Regulation No 171 /67/ EEC Whereas Article 7 of Regulation No 171 /67/ EEC provides that the refund must be the same for the provides that the refund must be fixed at least once whole Community ; every month ; whereas it may, if necessary, be altered in the intervening period ; Whereas Article 3 of Regulation No 171 /67/ EEC provides that when the refund on olive oil is being fixed account must be taken of : Whereas it follows from applying these rules and other provisions to the present situation on the (') OJ No 172, 30 . 9 . 1966, p. 3025/66 . market in olive oil and in particular to olive oil prices (2) OJ No L 175, 29 . 6. 1973, p. 5. within the Community and on the markets of third (3) OJ No 197, 29 . 10 . 1966, p. 3393/66 . countries and Greece that the refund should be fixed (4) OJ No 130 , 28 . 6. 1967, p. 2600/67. (5) OJ No L 264, 23 . 11 . 1972, p. 1 . at the amounts shown in the Annex to this Regula­ (b) OJ No L 78 , 31 . 3 . 1972, p. 1 . tion ;

No L 175 / 46 Official Journal of the European Communities 29 . 6 . 74

Whereas, if the refund system is to operate normally, HAS ADOPTED THIS REGULATION : refunds should be calculated on the following basis : — in the case of currencies which are maintained in relation to each other, at any given mpment, Article 1 within a band of 2-25 % , a rate of exchange based on their effective parity ; The refunds on the products listed in Article 1 (2) (c) — for other currencies an exchange rate based on the of Regulation No 136/66/ EEC, exported to third coun­ arithmetic mean of the spot market rates of each tries and Greece, are hereby fixed as shown in the of these currencies recorded for a given period , in Annex to this Regulation . relation to the Community currencies referred to in the previous subparagraph ; Article 2 Whereas the measures provided for in this Regulation are in accordance with the Opinion of the Manage­ ment Committee for Oils and Fats, This Regulation shall enter into force on 1 July 1974.

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

Done at Brussels, 28 June 1974. For the Commission

P.J. LARDINOIS Member of the Commission

ANNEX

Refund in u.a./ lOO kg applicable to olive oil from 1 July 1974

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 1-000 — on exports to other third countries excluding Greece, European third countries and third countries on the Mediterranean 3-000 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 3-000