1.3.86 NoL60/8 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No629/86
of28February1986
determiningforoliveoilthestockreferredtoinArticles86and254oftheActofAccessionof
SpainandPortugal
HASADOPTEDTHISREGULATION :
Article1
1.PursuanttoArticle86oftheActofAccession,90000
tonnesofoliveoilinSpainasat1March1986shallbe
regardedasabnormalstocks.
2.On1March1986,theoliveoilinpublicstoragein
Spainasatthatdateshall,subjecttoalimitof161000
tonnes,betakenoverbytheEuropeanAgricultural
GuidanceandGuaranteeFund,GuaranteeSection,provided
theoilmeetstherequirementslaiddowninparagraphs3to6
ofArticle2ofRegulation (EEC)No3472/85(3).
3.OliveoilpurchasedbytheSpanishinterventionagency
between1Marchand31October1986shallbeaddedtothe
quantityspecifiedinparagraph1.THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation (EEC)No3770/85of
20December1985onstocksofagriculturalproductsin
Spain(!),andinparticularArticle8thereof,
HavingregardtoCouncilRegulation (EEC)No3771/85of
20December1985onstocksofagriculturalproductsin
Portugal(2),
Whereason1March1986Spainwillhaveatitsdisposala
quantityofoliveoilfromthemarketingyearspriorto
accession;
WhereasprivateandpublicstocksofoliveoilinSpainon
1March1986are,uptoaquantitytobedetermined,tobe
treatedasnormalcarry-overstocks;
WhereasgiventherequirementsoftheSpanisholiveoil
marketinthe1985/86marketingyearthestocksheldin
Spainexceedwhatcanbeconsiderednormalcarry-over
stocks;
Whereasthequantitiesforthe1984/85marketingyear
immobilizedbyoperatorsthroughsalestointerventionthat
havenotbeenexportedbefore1March1986aretobe
consideredasnormalcarry-overstocks;whereas,however,if
theSpanishinterventionagencypurchasesoliveoilof
Spanishoriginduringtheperiodto31October1986the
quantitiesconcernedwillbeaddedtothatexceedingwhat
canbeconsideredanormalcarry-overstock;
WhereasPortugal'sstocksofoliveasat1March1986maybe
regardedasnormal;
Whereasthequantity,disposalofwhichontheworldmarket
istobecarriedoutattheexpenseoftheKingdomofSpain,
shouldbefixedandthenatureoftheexpenditureinquestion
specified;
WhereasthemeasuresprovidedforinthisRegulationarein
accordancewiththeopinionoftheManagementCommittee
forOilsandFats,Article2
1.Thecostofrefundsinrespectofdisposalortothe
food-preserving industry,ofaquantityequaltothe
quantitiesreferredtoinArticle1(1)and(3)andthe
interventionexpenditureonthestorageofthequantities
referredtoinArticle1(3)shallnotbemetbyEAGGF,
GuaranteeSection.
Article3
On1March1986,theoliveoilinpublicstorageinPortugal
asatthatdateshallbetakenoverbytheEuropean
AgriculturalGuidanceandGuaranteeFund,Guarantee
Section,providedtheoilmeetstherequirementslaiddownin
Article2(3)to(6)ofRegulation (EEC)No3472/85.
Article4
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
Itshallapplywitheffectfrom1March1986.
(*)OJNoL362,31.12.1985,p.18.
(2)OJNoL362,31.12.1985,p.21.(3)OJNoL333,11.12.1985,p.5.

1.3.86 OfficialJournaloftheEuropeanCommunities NoL60/9
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28February1986.
FortheCommission
FransANDRIESSEN
Vice-President