‹‹ EN Official Journal of the European Communities L 103/17 3. 4. 98
COMMISSION REGULATION (EC) No 747/98
of 2 April 1998
on the sale of olive oil residues held by the Italian intervention agency
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European
Community,
Having regard to Council Regulation No 136/66/EEC of
22 September 1966 on the establishment of a commonorganisation of the market in oils and fats (
1), as last
amended by Regulation (EC) No 1581/96 (2), and in par-
ticular Article 12(2) thereof,
Whereas Article 2 of Council Regulation (EEC) No
2754/78 (3), as last amended by Regulation (EEC) No
2203/90 (4), provides that olive oil held by the interven-
tion agencies shall be put up for sale by invitation totender except where particular conditions necessitaterecourse to other procedures;
Whereas Article 1(1) of Commission Regulation (EEC) No
2960/77 (
5), as last amended by Regulation (EEC) No
3818/85 (6), provides that intervention agencies may not
sell the olive oil which they hold until a regulation to thateffect has been adopted in accordance with the procedureprovided for in Article 38 of Regulation No 136/66/EEC;
Whereas, following sales by tender of olive oil by the
Italian intervention agency, the intervention agency stillholds in stock a quantity of vat bottom residues; whereasthese residues contain a considerable percentage of oil;whereas correct management of the olive oil bought in bythe intervention agency requires that these residuesshould therefore be put up for sale;
Whereas, for commercial reasons based chiefly on the fact
that there is no well-defined market or price system forthe product in question, it is not advisable to use the sale
by tender procedure previously applied for the olive oil;whereas the Italian intervention agency should thereforesell the product for the best price it can obtain;
Whereas the measures provided for in this Regulation are
in accordance with the opinion of the ManagementCommittee for Oils and Fats,
HAS ADOPTED THIS REGULATION:
Article 1
1. The Italian intervention agency Azienda di Stato per
gli interventi nel mercato agricolo, hereinafter referred toas ‘AIMA’, shall sell on the Community market approx-imately 720 tonnes of the vat bottom residues it holdsfrom olive oil bought in.
2. The notice of sale shall be displayed by AIMA at its
head office at Via Palestro 81, 00185 Rome, Italy, at least10 days before the date set for the sale.
3. Sale of the product referred to in paragraph 1 shall
be effected before 30 April 1998. Delivery of the productsold must take place before 30 June 1998.
4. AIMA shall inform the Commission as soon as
possible of the outcome of the sale.
Article 2
This Regulation shall enter into force on the third day
following its publication in the Official Journal of the
European Communities.
This Regulation shall be binding in its entirety and directly applicable in all Member
States.
Done at Brussels, 2 April 1998.
For the Commission
Franz FISCHLER
Member of the Commission
(1) OJ 172, 30. 9. 1966, p. 3025/66.
(2) OJ L 206, 16. 8. 1996, p. 11.
(3) OJ L 331, 28. 11. 1978, p. 13.
(4) OJ L 201, 31. 7. 1990, p. 5.
(5) OJ L 348, 30. 12. 1977, p. 46.
(6) OJ L 368, 31. 12. 1985, p. 20.