8.7.77 OfficialJournaloftheEuropeanCommunities NoL170/11
COMMISSION REGULATION (EEC)No1530/77
of7July1977
ontheputtingupforsaleofoliveoilheldbytheItalianinterventionagency
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsand
fats(!),aslastamendedbyRegulation (EEC)No
1707/73(2),andinparticularArticle11(5)thereof,
Whereas,pursuanttoArticle11(1)ofRegulationNo
136/66/EEC,theItalianinterventionagencybought
inlargequantitiesofoliveoilduringthe1975/76
marketingyear;
WhereasCommissionRegulation(EEC)No1226/77
of8June1977layingdownrulesforthesaleofolive
oilheldbytheinterventionagencies(3)laiddownthe
conditionsforthesalebytenderontheCommunity
marketofoliveoil;whereasthestateoftheItalian
marketinoliveoilisatpresentfavourableforthe
resaleofpartofthesaidoil;whereas,inviewofthe
stateofthemarket,thesalebytendershouldbe
carriedoutassoonaspossible;
Whereas,inordertoavoidtheriskofdisturbingthe
market,themaximumquantitywhichmaybe
awardedtoasingleparticipantinthetenderingproce­
dureshouldbelimited;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforOilsandFats,(b)2600tonnesofextravirginoliveoil,
1500tonnesofordinaryvirginoliveoil,
1000tonnesofolive-residue oil,
outoftheinterventionpurchasesmadeduringthe
1975/76oliveoilmarketingyear,andinaccordance
withtheprovisionsofthisRegulationandofRegula­
tion(EEC)No1226/77.
Article2
Theinvitationtotendershallbepublishedfrom11
July1977.Particularsofthelotsofoilofferedforsale
andtheplacewheretheyarestoredshallbedisplayed
atthecentralofficeofAIMA,ViaPalestro81,Rome,
Italy.
Article3
Theminimumsellingpriceshallbeaslaiddownin
theAnnexhereto.
Article4
TendersshallreachAIMA,ViaPalestro81,Rome,
Italy,notlaterthan2p.m.(Italiantime)on25July
1977.
Article5
TheoliveoilshallbesoldbyAIMAon26and27
July1977.AIMAshallsupplytheagenciesrespon­
sibleforstoragewithalistofthelotsremaining
unsold.
Article6
Thesecurityshallbe:
HASADOPTED THISREGULATION : —Lit13000per100kilogramsforextravirginolive
oil,
—Lit11000per100kilogramsforordinaryvirgin
oliveoil,Article1—Lit8000per100kilogramsforolive-residueoil.
TheItalianinterventionagency'AziendadiStatoper
gliinterventinelmercatoagricolo'hereinafterreferred
toas'AIMA',shallputupforsalebytender:
(a)theunsoldquantitiesofoliveoilputupforsale
underRegulation(EEC)No1287/77;Article7
However,wherethetotalquantityinrespectofwhich
atendererhasofferedthehighestpriceexceeds500
tonnesforextravirginoliveoil,600tonnesforordi­
naryvirginoliveoilor1500tonnesforolive-residue
oil,thecontractshallbeawardedtothattendereronly
inrespectofthelotorlotsthetotalcontentsofwhich
donotexceedthesaidlimit.(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL141,9.6.1977,p.20.

NoL170/12 OfficialJournaloftheEuropeanCommunities 8.7.77
Contractsforthequantitiesinexcessofthatlimit
shallbeawardedtotheothertenderers,indescending
orderofofferpriceandsubjecttothesaidlimit.
Whendeterminingthelotorlotstobeexcludedfrom
aparticularawardundertheprecedingparagraph,the
Italianinterventionagencyshallchoosethelotorlots
forwhichthetendererhasofferedthelowestprice.Article8
ThestoragechargeshallbeLit1000per100kilo­
grams.
Article9
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,7July1977.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
Minimumsellingprice(oroliveoilheldbytheItalianinterventionagency
1.Extravirginoliveoil,1:Lit157000per100kilograms.
2.Ordinaryvirginoliveoil:Lit141000per100kilograms.
3.15°olive-residueoil:Lit86500per100kilograms.
Inthecaseofolive-residueoilwithadifferentdegreeofacidity,thereshallbeaddedordeductedas
thecasemaybeLit1000per100kilogramsforeachdegreeofacidityorfractionthereoflessor
morethan15°.