17.12.88 OfficialJournaloftheEuropeanCommunities NoL348/17
COMMISSION REGULATION (EEC)No3932/88
of16December 1988
openinganinvitationtotenderforthesaleofoliveoilheldbythePortuguese
interventionagency
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats('),aslast
amendedbyRegulation(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;
WhereasCommissionRegulation(EEC)No2960/77(4),
aslastamendedbyRegulation(EEC)No3818/85(%laid
downtheconditionsforthesalebytenderonthe
Communitymarketandforexportofoliveoil;whereas
thestateofthemarketinoliveoilisatpresentfavourable
forthesaleofpartofthesaidoil;
WhereasthemeasuresprovidedforinthisRegulationare
inaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,—825tonnesofextravirginoliveoil,
—500tonnesofvirginoliveoil,
—220tonnesofvirginlampanteoliveoil.
Article2
Theinvitationtotendershallbepublishedon19
December1988.
Particularsofthelotsofoilofferedforsaleandofthe
placeswheretheyarestoredshallbedisplayedatthe
centralofficeofIroma,RuaPadreAnt6nioVieiran?1,
Lisboa,Portugal.
Acopyoftheinvitationtotendershallbesentwithout
delaytotheCommission .
Article3
ThetendersmustreachtheIroma,atthecentraloffice,
RuaPadreAntonioVieiran?1,Lisboa,Portugalnotlater
than2p.m.(localtime)on10January1989.
Article4
1.Withregardtovirginlampanteoliveoil,tenders
shallbesubmittedforanoilof5°acidity.
2.Wheretheoilawardedhasadifferentdegreeof
acidityfromthatforwhichthetenderwassubmitted,the
pricetobepaidshallbeequaltothepricetendered,
increasedorreducedinaccordancewiththescalebelow:
Virginlampanteoliveoil:
—upto5°acidity:
increaseofEsc601,6foreachdegreeorfractionof
degreeofaciditybelow5°,
—above5°upto8°acidity:
reductionofEsc601,6foreachdegreeorfractionof
degreeofacidityabove5°,
—above8°:
additionalreductionofEsc658foreachdegreeor
fractionofdegreeabove8°.
Article5
Notlaterthanthreedaysaftertheexpiryofthetimelimit
'laiddownforthesubmissionoftenders,Iromashallsend
theCommissionalist,withoutmentioningnames,stating
thehighesttenderreceivedforeachlotputupforsale.HASADOPTEDTHIS.REGULATION :
Article1
ThePortugueseinterventionagency,'InstitutoRegulador
eOrientadordeMercadosAgrίcolas',hereinafterreferred
toas'Iroma',shallopenaninvitationtotenderinaccor­
dancewiththeprovisionsofthisRegulationandofRegu­
lation(EEC)No2960/77forthesaleontheCommunity
marketofthefollowingquantitiesofoliveoil:
(')OJNo172,30.9.1966,p.3025/66.
0OJNoL197,26.7.1988,p.1.
(3)OJNoL331,28.11.1978,p.13.
(4)OJNoL348,30.12.1977,p.46.0OJNoL368,31.12.1985,p.20.

NoL348/18 OfficialJournaloftheEuropeanCommunities 17.12.88
Article6
Theminimumsellingpriceper100kilogramsofoilshall
befixed,inaccordancewiththeprocedurelaiddownin
Article38ofRegulationNo136/66/EEC,onthebasisof
thetendersreceived,notlaterthanthe10thworkingday
aftertheexpiryofeachfinaldatelaiddownforthe
submissionoftenders.Thedecisionfixingtheminimum
sellingpriceshallbenotifiedforthwithtotheMember
Stateconcerned .Iromashallsupplytheagenciesresponsibleforstorage
withalistofthelotsremainingunsold.
Article8
ThesecurityreferredtoinArticle7ofRegulation(EEC)
No2960/77shallbeEsc3340per100kilograms.
Article9
ThestoragechargereferredtoinArticle15ofRegulation
(EEC)No2960/77shallbeEsc430per100kilograms.
Article10
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .Article7
TheoliveoilshallbesoldbyIromanotlaterthanthe
fifthworkingdayafterthedateofnotificationofthedeci­
sionreferredtoinArticle6.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,16December1988.
FortheCommission
FransANDRIESSEN
Vice-President