5.11.88 OfficialJournaloftheEuropeanCommunities NoL302/17
COMMISSION REGULATION (EEC)No3442/88
of4November 1988
openinganinvitationtotenderforthesaleofoliveoilheldbytheSpanish
interventionagency
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats(1),aslast
amendedbyRegulation(EEC)No2210/88(2),andin
particularArticle12(4)thereof,
WhereasArticle2ofCouncilRegulation(EEC)No
2754/78(3),providesthatoliveoilheldbytheinterven­
tionagenciesshallbeputupforsalebytender;
Whereas,pursuanttoArticle1(2)ofCommissionRegula­
tion(EEC)No629/86(4),theSpanishinterventionagency'
holdinstocklargequantitiesofoliveoil;
WhereasCommissionRegulation(EEC)No2960/77(*),
aslastamendedbyRegulation(EEC)No3826/85(*)laid
downtheconditionsforthesalebytenderonthe
Communitymarketandforexportofoliveoil;whereas
thestateofthemarketinoliveoilisatpresentfavourable
forthesaleofpartofthesaidoil;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,Article2
Theinvitationtotendershallbepublishedon7
November1988.,
Particularsofthelotsofoilofferedforsaleandofthe
placeswheretheyarestoredshallbedisplayedatthe
centralofficeofSENPA,calleBeneficencia ,8,Madrid
28003,Spain.
Acopyoftheinvitationtotendershallbesentwithout
delaytotheCommission .
Article3
ThetendersmustreachSENPA,calleBeneficencia ,8,
Madrid28003,Spain,notlaterthan2p.m.(localtime)on
11November1988.
Article4
1.Tendersshallbesubmittedforanoilof3°acidity.
2.Wheretheoilawardedhasadifferentdegreeof
acidityfromthatforwhichthetenderwassubmitted,the
pricetobepaidshallbeequaltothepricetendered,
increasedorreducedinaccordancewiththescalebelow:
—upto3°acidity:
increaseofPtas493,5foreachdegreeorfractionof
degreeofaciditybelow3°,
—above3°upto8°acidity:
reductionofPtas493,5foreachdegreeorfractionof
degreeofacidityabove3°,
—above8°:
additionalreductionofPtas539,8foreachdegreeor
fractionofdegreeabove8°.
Article5
Notlaterthanonedayaftertheexpiryofthetimelimit
laiddownforthesubmissionoftenders,SENPAshall
sendtheCommission alist,withoutmentioningnames,
statingthehighesttenderreceivedforeachlotputupfor
sale.
Article6
Theminimumsellingpriceper100kilogramsofoilshall
befixed,inaccordancewiththerocedurelaiddownin
Article38ofRegulationNo136/66/EEC,onthebasisof
thtendersreceived,notlaterthanthetenthworkingday
aftertheexpiryofeachfinaldatelaiddownfor|the
submissionoftenders.Thedecisionfixingtheminimum
sellingpriceshallbenotifiedforthwithtotheMember
Stateconcerned .HASADOPTEDTHISREGULATION :
Article1
TheSpanishinterventionagency'ServicioNacionalde
ProductosAgrarios',hereinafterreferredtoas'SENPA',
shallopenaninvitationtotenderinaccordancewiththe
provisionsofthisRegulationandofRegulation(EEC)No
2960/77forthesaleontheCommunitymarketof
approximately 200000tonnesoflampantvirginoliveoil.
BywayofderogationfromArticle5(2)ofRegulation
(EEC)No2960/77,SENPAshall,wherethequantityof
oilinacontainerexceeds500tonnes,beauthorizedto
establishseverallotswithpartonlyofthatoil.
ByderogationfromArticle13(1)ofRegulation(EEC)No
2960/77,withdrawaloftheoilawardedmustbe
completedby15December1988atthelatest.
(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL197,26.7.1988,p.1.0OJNoL331,28.11.1978,p.13.
(4)OJNoL60,1.3.1986,p.8.0OJNoL348,30.12.1977,p.46.
MOJNoL371,31.12.1985,p.1.

NoL302/18 OfficialJournaloftheEuropeanCommunities5.»11.88
Article9
ThestoragechargereferredtoinArticle15ofRegulation
(EEC)No2960/77shallbePtas400per100kilograms.Article7
TheoliveoilshallbesoldbySENPAnotlaterthanthe
thefifthworkingdayafterthedateofnotificationofthe
decisionreferredtoinArticle6.
SENPAshallsupplytheagenciesresponsibleforstorage
withalistofthelotsremainingunsold.
Article8
ThesecurityreferredtoinArticle7ofRegulation(EEC)
No2960/77shallbePtas3000per100kilograms.Article10
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,4November1988.
FortheCommission
FransANDRIESSEN
Vice-President