8.7.86 OfficialJournaloftheEuropeanCommunities NoL185/5
COMMISSION REGULATION (EEC)No2118/86
of7July1986
openinganinvitationtotenderforthesaleofoliveoilheldbythePortuguese
interventionagency
Particularsofthelotsofoilofferedforsaleandofthe
placeswheretheyarestoredshallbedisplayedatthe
centralofficeofIAPO,AvenidaSidonioPais,10-1°,1098
LisboaCodex,Portugal.
Acopyoftheinvitationtotendershallbesentwithout
delaytotheCommission .
Article3
ThetendersmustreachtheIAPO,1098LisboaCodex,
notlaterthan2p.m.(localtime)on24July1986.THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation (EEC)No1454/86(2),andin
particularArticle12(4)thereof,
WhereasArticle2ofCouncilRegulation (EEC)No
2754/78(3),providesthatoliveoilheldbytheinterven­
tionagenciesshallbeputupforsalebytender;
Whereas,pursuanttoArticle12(1)ofRegulationNo
136/66/EEC,thePortugueseinterventionagencyholds
certainquantitiesofoliveoil;
WhereasCommissionRegulation (EEC)No2960/77(4),
aslastamendedbyRegulation(EEC)No3818/85Qlaid
downtheconditionsforthesalebytenderonthe
Communitymarketandforexportofoliveoil;whereas
thestateofthemarketinoliveoilisatpresentfavourable
forthesaleofpartofthesaidoil;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,Article4
1.Tendersshallbesubmittedforanoilof5°acidity.
2.Wheretheoilawardedhasadifferentdegreeof
acidityfromthatforwhichthetenderwassubmitted,the
pricetobepaidshallbeequaltothepricetendered,
increasedorreducedinaccordancewiththescalebelow:
—upto5°acidity:
increaseof481,14foreachdegreeorfractionof
degreeofaciditybelow5°,
—above5°upto8°acidity:
reductionof481,14Escforeachdegreeorfractionof
degreeofacidityabove5°,
—above8°:
additionalreductionof526,24Escforeachdegreeor
fractionofdegreeabove8°.
Article5HASADOPTED THISREGULATION :
Article1
ThePortugueseinterventionagency,InstitutodoAzeitee
ProdutosOleaginosos ,hereinafterreferredtoas'IAPO',
shallopenaninvitationtotenderinaccordancewiththe
provisionsofthisRegulationandofRegulation(EEC)No
2960/77forthesaleontheCommunitymarketof
approximately 1630tonnesoflampantvirginoliveoil.
Approximately onethirdofthisquantitywillbeputon
saleeachmonthtogetherwithanyunsoldquantityfrom
thepreviousinvitationstotender.
Article2
Theinvitationtotendershallbepublishedon10July
1986.Notlaterthantwodaysaftertheexpiryofeachtimelimit
laiddownforthesubmissionoftenders,IAPOshallsend
theCommissionalist,withoutmentioningnames,stating
thehighesttenderreceivedforeachlotputupforsale.
Article6
Theminimumsellingpriceper100kgofoilshallbe
fixed,onthebasisofthetendersreceived,notlaterthan
thelastworkingdayofthemonthduringwhichthe
tendersweresubmittedandinaccordancewiththeproce­
duresetoutinArticle38ofRegulationNo136/66/EEC.
Thedecisionfixingtheminimumsellingpriceshallbe
notifiedforthwithtotheMemberStateconcerned .(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL133,21.5.1986,p.8.
(3)OJNoL331,28.11.1978,p.13.
(4)OJNoL348,30.12.1977,p.46.0OJNoL368,31.12.1985,p.20.

NoL185/6 OfficialJournaloftheEuropeanCommunities 8.7.86
Article9
ThestoragereferredtoinArticle15ofRegulation(EEC)
No2960/77shallbe400Escper100kilograms.Article7
TheoliveoilshallbesoldbyIAPOnotlaterthanthe
seventhdayofeachmonthfollowingthatduringwhich
thetendersweresubmitted .
IAPOshallsupplytheagenciesresponsibleforstorage
withalistofthelotsremainingunsold.
Article8
ThesecurityreferredtoinArticle7ofRegulation (EEC)
No2960/77shallbe3050Escper100kilograms.Article10
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,7July1986.
FortheCommission
FransANDRIESSEN
Vice-President