22.3.89 OfficialJournaloftheEuropeanCommunities NoL79/13
COMMISSION REGULATION (EEC)No720/89
of21March1989
openinganinvitationtotenderforthesaleofoliveoilheldbythePortuguese
interventionagency
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoRegulationNo136/66/EECofthe
Councilof22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsandfats('),as
lastamendedbyRegulation(EEC)No2210/88(2),andin
particularArticle12(4)thereof,
WhereasArticle2ofCouncilRegulation(EEC)No
2754/78(3)providesthatoliveoilheldbytheintervention
agenciesshallbeputupforsalebytender;
Whereas,pursuanttoArticle12(1)ofRegulationNo
136/66/EEC,thePortugueseinterventionagencyholds
certainquantitiesofoliveoil;ancewiththeprovisionsofthisRegulationandofRegula­
tion(EEC)No2960/77forthesaleontheCommunity
marketofthefollowingquantitiesofoliveoil:
—300tonnesofextravirginoliveoil,
—500tonnesofvirginoliveoil.
Article2
Theinvitationtotendershallbepublishedon22March
1989.
Particularsofthelotsofoilofferedforsaleandofthe
placeswheretheyarestoredshallbedisplayedatthe
centralofficeofINGA,RuaPadreAnt6nioVieiran?1,
Lisbon,Portugal.
Acopyoftheinvitationtotendershallbesentwithout
delaytotheCommission ./
whereasCommissionRegulation(EEC)No2960/77(4),
aslastamendedbyRegulation(EEC)No3818/85(5),laid
downtheconditionsforthesalebytenderonthe
Communitymarketandforexportofoliveoil;whereas
thestateofthemarketinoliveoilisatpresentfavourable
forthesaleofpartofthesaidoil;
Whereasinthepresentsituationofthemarketinvirgin
oliveoilswheresupplyislowcomparedwithdemandand
inordertoprovidethegreatestpossiblenumberofopera­
torswithaminimumsupplyfortheirimmediateneeds,it
shouldbestipulatedthateachoperatormayonlysubmit
tendersforamaximumquantity;whereasinorderto
avoidanymisuseofthisprovisionandthereforepreventa
limitednumberofoperatorsfrommonopolizing the
quantitiesputupforsale,itshouldbestipulatedthatonly
recognizedoperatorsmaysubmittendersinresponseto
thisinvitation;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsaridFats,Article3
ThetendersmustreachtheINGAatthecentraloffice,
RuaPadreAntonioVieiran?1,Lisbon,Portugalnotlater
than2p.m.(localtime)on6April1989.
Tendersshallbeadmissibleonlyifsubmittedbyanatural
orlegalpersonwhoexercisesanactivityintheoliveoil
sectorandisregisteredasat31December1988ina
publicregisterofaMemberState.
Furthermore ,notenderermaysubmitatenderfora
quantityinexcessof150tonnes.
Article4
Notlaterthanthreedaysaftertheexpiryofthetimelimit
laiddownforthesubmissionoftenders,INGAshallsend
theCommissionalist,withoutmentioningnames,stating
thehighesttenderreceivedforeachlotputupforsale.HASADOPTEDTHISREGULATION :
Article1
ThePortugueseinterventionagency,'InstituteNacional
deIntervengaoeGarantiaAgricola',hereinafterreferredto
as'INGA',shallopenaninvitationtotenderinaccord­Article5
Theminimunisellingpriceper100kilogramsofoilshall
befixed,inaccordancewiththeprocedurelaiddownin
Article38ofRegulationNo136/66/EEC,onthebasisof
thetendersreceived,notlaterthanthe10thworkingday
aftertheexpiryofeachfinaldatelaiddownforthe
submissionoftenders.Thedecisionfixingtheminimum
sellingpriceshallbenotifiedforthwithtotheMember
Stateconcerned .0OJNo172,30.9.1966,p.3025/66.0OJNoL197,26.7.1988,p.1.0OJNoL331,28.11.1978,p.13.
(4)OJNoL348,30.12.1977,p.46.
OOJNoL368,31.12.1985,p.20.

NoL79/14 OfficialJournaloftheEuropeanCommunities 22.3.89
Article8
ThestoragechargereferredtoinArticle15ofRegulation
(EEC)No2960/77shallbeEsc430per100kilograms.Article6
TheoliveoilshallbesoldbyINGAnotlaterthanthe
fifthworkingdayafterthedateofnotificationofthedeci­
sionreferredtoinArticle6.
INGAshallsupplytheagenciesresponsibleforstorage
withalistofthelotsremainingunsold.
Article7
ThesecurityreferredtoinArticle7ofRegulation(EEC)
No2960/77shallbeEsc3340per100kilograms.Article9
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,21March1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission