NoL141/20 OfficialJournaloftheEuropeanCommunities9.6.77
COMMISSION REGULATION (EEC)No1226/77
of8June1977
layingdownrulesforthesaleofoliveoilheldbytheinterventionagencies
Whereasinsomecasesolive-residue oilisstoredin
especiallylargecontainers ;whereasthepurchaseof
suchquantitiescaninterestonlyalimitednumberof
traders;
Whereasthetransferofsuchoiltoothercontainers
mightposetechnicalproblems;whereasprovision
shouldthereforebemadewherebysuchoilmaybe
soldinmorethanonelot;
Whereas,inordertoensurethatthesalestakeplace
inapropermanner,provisionsmustbemadefor
certaininformationtobegivenintheinvitationto
tenderandineachtender;
Whereasprospectivetenderersshouldbeencouraged
bybeingpermittedtofamiliarizethemselveswiththe
characteristics oftheproductsonsale;whereas,asa
corollarytothisfacility,suchpersonsmustbe
requiredtowaiveallclaimsregardingthecharacteris­
ticsofanyoileventuallyawardedtothem;THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsand
fats('),aslastamendedbyRegulation (EEC)No
1707/73(2),andinparticularArticle11(5)thereof,
WhereasCommissionRegulation(EEC)No589/68of
14May1968ondetailedrulesforthesaleofoliveoil
heldbyinterventionagencies(3),aslastamendedby
Regulation(EEC)No782/77(4),laiddownthecondi­
tionsforthesalebytenderontheCommunitymarket
ofoilheldbytheinterventionagencies;whereasexpe­
riencehasshownthattheprocedurelaiddowninthat
Regulationdoesnotenabletheoilinquestiontobe
putupforsaleunderthemostfavourableconditions ;
Whereasoliveoilheldbytheinterventionagencies
mustbesoldwithoutdiscrimination amongCommu­
nitypurchasersandonthebestpossibleterms;
whereassalebytenderseemsanappropriateproce­
dureforthispurpose;
Whereas,however,certainspecialsituationsmaycall
fortheuseofotherprocedures ;
Whereas,inordertoensurethattheoliveoilissold
whenthemarketsituationismostfavourable ,sales
shouldbesubjecttoadecisiontakeninaccordance
withtheprocedurelaiddowninArticle38ofRegula­
tionNo136/66/EEC;
Whereas,wherethereisariskofmarketdisturbance ,
provisionshouldbemadeforlimitingthequantity
whichmaybeawardedtoanyonetenderer;
Whereas,sincetheobjectofholdinganinvitationto
tenderistoobtainthebestprice,contractsshouldbe
awardedtothetenderersquotingthehighestprices,
subjectalwaystoaminimumpriceestablishedby
referencetothemarketsituation;
Whereas,moreover,provisionsshouldbelaiddownto
dealwithcaseswheretwoormoretendersrelatingto
thesamequantityquotethesameprice;Whereas,inordertoguaranteeperformanceofthe
obligationsresultingfromthesubmissionofatender,
provisionshouldbemadeforthelodgingofasecu­
rity;
Whereas,sincethequantityofoilsoldmaybe
differentfromthatactuallywithdrawn,thefinal
sellingpricecannotbecalculateduntilwithdrawalhas
beencompleted ;whereas,inordertoensurethatthe
saleisproperlyconducted,theprovisionalprice
shouldbepaidbeforewithdrawal ;
Whereas,inordertoensuretherapiddisposalofthe
oilsold,thetimeatwhichtheoilmustbeplacedat
thepurchaser'sdisposalandthefinaldateforcomple­
tionofthewithdrawaloftheoilshouldbelaiddown;
whereasitshouldalsobeprovidedthatany
consequences ofdelayinwithdrawalshouldbeborne
bythepurchaser ;
(»)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL112,15.5.1968,p.6.
(4)OJNoL95,19.4.1977,p.13.WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforOilsandFats,

9.6.77 OfficialJournaloftheEuropeanCommunities NoL141/21
HASADOPTEDTHISREGULATION :
Article1
Interventionagenciesmayselloliveoilheldbythem
onlyafteradecisioninrespectofsuchsalehasbeen
takeninaccordancewiththeprocedurelaiddownin
Article38ofRegulationNo136/66/EEC.
ThisDecisionshallrelateinparticular,to:
—thequantityandqualityoftheoiltobeputupfor
sale,
—themethodofsale,
—thedateordatesofpublicationofthenoticeof
sale,
—thedateordatesofthesale,
—whereappropriate ,themaximumquantitywhich
maybeawardedtoeachtenderer.
Article2
1.Theoliveoilheldbyinterventionagenciesshall
besoldbytender.However,inspecialcircumstances ,
itmaybesoldbysomeotherprocedure .
2.Thetermsoftheinvitationtotenderorother
sellingproceduremustensureequalaccessandtreat­
menttoallprospectivepurchasersirrespectiveoftheir
placeofestablishment intheCommunity .
Article3
'Salebytender'meansaprocedurewherebyallinter­
estedpartiesareinvitedtosubmitoffers,thecontract
foreachlotbeingawardedtothepersonofferingthe
highestprice,providedalwaysthatsuchpriceisat
leastequaltoasetminimumprice.
Suchminimumpriceshallbefixedinaccordance
withtheprocedurelaiddowninArticle38ofRegula­
tionNo136/66/EEC:
—eitherinthedecisionprovidingfortheopeningof
theinvitationtotender,or
—onthebasisofthetendersreceived .
Where,however,nominimumpricehasbeenfixed
pursuanttothefirstindent,adecisionmaybetaken,
inaccordancewiththeaforesaidprocedureandinthe
lightofthetendersreceived,tomakenoaward.
Article4
Whereitisdecidedthatthesaleistobebytender,
theinterventionagencyconcernedshalldrawupthe
invitationtotender.Thisinvitationshallbecommuni­
catedtotheCommissionwithoutdelay.Theinvitationshallbepublishedbyinteraliabeing
placedonpublicdisplayattheofficeoftheinterven­
tionagency.
Article5
1.Theinvitationtotendershallspecifyallthe
termsandconditionsoftheinvitationtotender,
includinginparticularthefollowing :
(a)thequantityofoilineachlot;
(b)thenameofthestoragedepotandtheplaceof
storageofeachlot,togetherwiththenumberof
suchlot;
(c)thequalityoftheoilconstitutioneachlot;
(d)theminimumprice,ifany;
(e)thetimelimitandplaceforthesubmissionof
tenders;
(f)thedateordatesofsale;
(g)theamountofthesecurityreferredtoinArticle8.
2.ForthepurposesofthisRegulation,'lot'means
thequantityofoliveoilcontainedinasingle
container .
However,inthecaseofolive-residue oil,iftheoil
containedinonecontainerexceedsaquantitytobe
determined ,theinterventionagencyconcernedmay
beauthorizedtomakeupalotoutofpartonlyofthat
oil.
3.Theminimumpriceshallbenetoftaxand
relateto100kilogramsofoliveoildelivered
ex-storagedepot,eitherinthepurchasersowndrums
loadedonavehicleprovidedbyhimorinthe
purchaser'stankvehicle.
Article6
Prospectivepurchasersmayexamineatthestorage
depottheoilofferedforsaleandmayobtainasample
thereof,incontainerssuppliedbythemforthat
purpose,onpaymentofapricedeterminedonthe
basisofeithertheminimumpricefixedintheinvita­
tiontotenderorthepriceatwhichtheoilwasbought
inbytheinterventionagency.
Thissampleshallbeputintotwolabelledbottles,
whichshallbesealedinthepresenceofboththe
storerandtheprospectivepurchaserorhisdulyautho­
rizedagent.
Onebottleshallbegiventotheprospectivepurchaser
andtheothertothestorer,sothat,intheeventthat
oilissoldtotheformer,acheckmaybemadeto
ensurethat,subjectasprovidedinthelastsentenceof
Article14(1),theoilappliedforbyhimcorresponds
tothatactuallydelivered.

NoL141/22 OfficialJournaloftheEuropeanCommunities9.6.77
containersawardedshallbesealedinthepresenceof
bothparties.Thecontainerorcontainersconcerned
shallremainsealeduntilwithdrawaloftheoilbythe
purchaser.
2.Inaddition,inthecaseoflampanteoilsand
olive-residueoils,anacidityanalysisshallbecarried
outinthepresenceofbothpartiesbeforetheplacing
ofthesealsreferredtoinparagraph 1.Ifthedegreeof
acidityassodetermineddoesnotcorrespondtothat
inrespectofwhichtheminimumpricewasfixed,the
sellingpriceshallbeadjustedupwardsordownwards
byamountstobedetermined .
3.Wheresealinginthepresenceofbothparties
hasnotbeeneffectedwithin20daysfollowingthe
dispatchoftheinformationreferredtoinArticle10,
theinterventionagencyshallforthwithitselfsealthe
containersawarded.Wheretheoilawardedisa
lampanteoiloranolive-residueoil,theintervention
agencyshall,beforesealing,effectananalysisofthe
acidityoftheoil.
Article12
1.Thepurchasershallpaytotheintervention
agency,beforewithdrawingtheoilandinanyevent
notlaterthanthe30thdayfollowingreceiptofthe
informationreferredtoinArticle10,theprovisional
amountofthesellingprice.Withoutprejudicetoany
domestictaxesapplicable,suchamountshallbecalcu­
latedbymultiplyingthequantityindicatedasbeing
containedinthelotbythepriceofferedforthatlot.
2.Iftheprovisionalamountisnotpaidtotheinter­
ventionagencywithintheperiodlaiddowninpara­
graph1,thesaleshall,withoutanyspecialformality
orinvocationoflegalprocess,becancelled.Inthat
event,thesecurityreferredtoinArticle8shallbe
forfeit.Article7
1.Tenders,whichshallbeinwriting,shalleither
bedeliveredpersonallytotheinterventionagency
againstacknowledgment ofreceiptorsenttotheinter­
ventionagencybyregisteredletter,telexortelegram.
2.Tendersshallindicateinparticular :
(a)thenameandfullpostaladdressofthetenderer;
(b)thenumberornumbersofthelotorlots
concerned,thenameofthestoragedepot,andthe
placeofstorage;
(c)theofferpriceper100kilograms.
3.Anytendernotstatingapriceatleastequalto
theminimumpricefixedfortheproductinquestion
shallberefused.
4.Eachtendermustrelatetoalltheoilcontained
inatleastonelot.
5.Tendersmaynotbewithdrawn .
6.Atendershallbevalidonlyifitisaccompanied
by:
(a)asecurity;
(b)astatementbythetendererwaivinganyclaimas
totheaccuracyofthedescriptionunderwhichthe
oilconcernedisofferedforsale.
Article8
1.Thesecurityshallbeincashorbywayofa
guaranteeissuedbyacreditinstitutionsatisfyingthe
criterialaiddownbytheMemberStateinwhichitis
situated.
2.Thesecurityshallbereleasedifnosaleismade
tothepartyconcerned .Itshalllikewisebereleased
whenthepurchaserpaysthefinalamountoftheprice
referredtoinArticle14.
Article9
Theoilineachparticularlotshallbesoldtothe
tendererhavingsubmittedavalidtenderofferingthe
highestprice.Wherethesamehighestbidismadeby
morethanonetendererthepurchasershallbechosen
bylotbytheinterventionagency.
Article10
Theinterventionagencyshallimmediatelyinform
eachtendererbyregisteredletteroftheresultofhis
participation intheinvitationtotender.
Article11
1.Onreceiptbythesuccessfultendererofthe
informationreferredtoinArticle10,thecontainerorArticle13
1.Purchasersshallwithdrawtheentirelotawarded .
Withdrawalmaybeginassoonastheprovisional
amountreferredtoinArticle12(1)hasbeenpaid;it
shallbecompletednotlaterthanthe40thday
followingthesaleoftheoil.
2.Thequantityofoildeliveredtothetenderermay
differfromthequantityinrespectofwhichthetender
wassubmitted,dependingontheactualquantityin
thecontaineratthetimeofdelivery.
Article14
1.Whenthewithdrawaloftheoiliscompletethe
interventionagencyshalldrawupaninvoiceforthe
finalamountofthesellingprice.

9.6.77 OfficialJournaloftheEuropeanCommunities NoL141/23
Withoutprejudicetoanydomestictaxapplicable,the
finalamountshallbecalculatedbymultiplyingthe
quantityactuallywithdrawn ,aftertheweightofwater
andimpuritiesabove0-2%inthecaseofvirginolive
oiland0-5%inthecaseofolive-residue oilhasbeen
deducted,bythepriceofferedforthelotinquestion.
Theweightofwaterandimpuritiesshallbedeter­
minedatthetimeofdeliverybyananalysisofarepre­
sentativesample.
2.Theinvoiceshallshowthedebitorcredit
balance,whichshallbeequaltothedifference
between :
—theprovisionalamount,
—thefinalamountofthesellingpriceplusany
storagechargepayablepursuanttoArticle15(b).
Thebalanceshallbepaidwithin30daysfollowing
completionofwithdrawaloftheoil.Article15
Ifwithdrawaloftheoilisnotcompletedbythedate
laiddowninArticle14(1):
(a)theoilremaininginstorageshallbeheldatthe
purchaser'sownrisk;
(b)thepurchasershallpaytotheinterventionagency
astoragechargecalculatedbyreferencetothe
quantitytobewithdrawnplusanamounttobe
determinedforeachperiodof30daysofaddi­
tionalstorageorpartthereof.
Article16
Regulation (EEC)No589/68isherebyrepealed.
Article17
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,8June1977.
FortheCommission
FinnGUNDELACH
Vice-President