13.1.81 OfficialJournaloftheEuropeanCommunities NoL11/5
COMMISSION REGULATION (EEC)No71/81
of12January1981
onthesaleofoliveoilheldbytheItalianinterventionagency
Whereas,inviewofthelargesizeofthelotsputup
forsale,specialprovisionsshouldbemadeinrespect
ofdeliveryandpayment;
Whereas,inviewofthedetailedarrangements for
payment,specialmeasuresshouldbeadoptedforthe
EAGGFtotakeovertheinterestcharges;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManage­
mentCommitteeforOilsandFats;
WhereastheEAGGFCommitteehasnotdeliveredan
opinionwithinthetimelimitsetbyitschairman,
HASADOPTEDTHISREGULATION :
Article1
TheItalianinterventionagency,AziendadiStatoper
gliinterventisulmercatoagricolo,hereinaftercalled
'AIMA',shallputupforsalesome33000tonnesof
virginoliveoilfrominterventionpurchasesmade
duringthe1977/78olivemarketingyear,inaccor­
dancewiththeprovisionsofthisRegulation .THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganization ofthemarketinoilsand
fats(J),aslastamendedbytheActofAccessionof
Greece(2),andinparticularArticle12(4)thereof,
HavingregardtoCouncilRegulation (EEC)No
1883/78of2August1978layingdowngeneralrules
forthefinancingofinterventions bytheEuropean
Agricultural GuidanceandGuaranteeFund,
GuaranteeSection(3),aslastamendedbyRegulation
(EEC)No249/80(4),andinparticularArticle5
thereof,
WhereastheoliveoilboughtinbytheItalianinter­
ventionagencyduringthe1977/78marketingyear
hasbeenputupforsalebytenderonseveralocca­
sions;whereasithasonlybeenpossibletosellasmall
proportionofthesaidoiltodate;
Whereasitappearsthattheexistingmarketsituation
issuitableforagainputtingupforsalethesaidoil
which,onaccountofitscharacteristics ,issoughtafter
byCommunityoperators,particularlyfortheproduc­
tionofrefinedoil;
Whereas,inviewoftheresultsofearlierinvitationsto
tender,itseemsappropriatetoputtheoilinquestion
upforsalebyanotherprocedure ;whereas,inorderto
facilitatesaleofaproductwithspecialcharacteristics ,
itshouldbeputupforsaleinfairlysubstantiallots;
Whereasproductionofoliveoilinthe1980/81
marketingyearisexpectedtobeplentiful,particularly
inrespectofoilsfordirectconsumption ;whereas
stepsmustbetakentoensurethatoilssoldbythe
interventionagencydonotinterferewiththenormal
saleofproductionfromthepresentmarketingyear;
whereas,forthispurpose,purchasersofthesaidoils
shouldbeobligedtorefinethemormarketthem
outsidetheItalianandGreekmarkets;
Whereas,inordertoensurethattheobligations
arisingeitherundertheapplicationlodgedorunder
thecontractconcludedarecompliedwith,provision
shouldbemadeforrequiringasecurityandanother
appropriateguaranteetobeprovided;Article2
TheoliveoilreferredtoinArticle1shallbeputup
forsaleinsixlotsofabout5500tonneseach.
Article3
AnoticeofsaleshallbepostedbyAIMAatitshead­
quarters,viaPalestro81,Rome(Italy),notlaterthan
31January1981.
Thisnoticeshallstatethelotsofoilputupforsale
andtheplacewheretheyarestored.
Article4
1.ThesellingpricefortheoilshallbefixedatLit
210000per100kilograms.
2.Thispriceshallrelateto100kilogramsnetofoil
deliveredex-storagedepot,eitherinthepurchaser's
owndrumsloadedonavehicleprovidedbyhimorin
thepurchaser'stankvehicles.
Article5(')OJNo172,.30.9.1966,p.3025/66.
(J)OJNoL291,19.11.1979,p.17.
(3)OJNoL216,5.8.1978,p.1.
(«)OJNoL28,5.2.1980,p.1.1.Applications topurchaseshallbesubmittedin
writingtoAIMA.Theyshallbedeliveredbyhand

NoL11/6 OfficialJournaloftheEuropeanCommunities 13.1.81
purchasertheapplicantwhosubmitsapplicationsto
purchaseseverallotsor,wherethisisimpossible,shall
determinethepurchaserbydrawinglots.
2.Thedayofsubmissionofapplicationsshallbe
thedaythesaidapplicationisreceivedbyAIMA,
providedthatitisreceivednotlaterthan2p.m.hours
localtime.
Anyapplicationreceivedonadayotherthana
workingdayforAIMA,oronaworkingdaybutafter
thetimefixedintheabovesubparagraph ,shallbe
considered tohavebeensubmittedonthefirst
workingdayfollowingthedayonwhichitwas
received.
3.Prospectivepurchasersmayexamineatthe
storagedepottheoilofferedforsaleandmayobtaina
samplethereof,incontainerssuppliedbythemfor
thatpurpose,onpaymentofapricedeterminedon
thebasisofthepricereferredtoinArticle4.
Article7withacknowledgement ofreceipt,orbyregistered
letter.
2.Applicationstopurchaseshallincludeatleast
thefollowingparticulars :
(a)thenameandfullpostaladdressoftheapplicant;
(b)thenumberornumbersofthelotorlots
concerned .
3.Eachapplicationtopurchasemustrelatetoall
theoilcontainedinatleastonelot.
Applicationsmaynotbewithdrawn .
4.Applicationstopurchaseshallbevalidonlyif
theyareaccompanied by:
(a)asecurityofLit10000per100kilograms ;
(b)astatementbytheapplicantwaivinganyobjec­
tionstotheaccuracyofthedescriptionunder
whichtheoilisofferedforsale;
(c)anundertakingbytheapplicanttorefinetheoil
purchasedornottomarketitontheItalianor
Greekmarkets.
TheItalianadministration shalltakeallnecessary
measurestoensurethatthepurchaserfulfilstheunder­
takingmentionedinparagraph(c)above.
Thesecurityshallbeincashorintheformofa
guaranteeissuedbyaninstitutionsatisfyingthe
criterialaiddownbytheMemberStateinwhichitis
situated.
Thesecurityshallbereleasedifnosaleismadetothe
partyconcerned .Itshalllikewisebereleasedwhenthe
contractofsaleisconcluded .
5.Thepurchasershall,atthetimethecontractof
saleisconcluded,provideaguaranteeforAIMAthat
thecontractwillbeexecuted .
Thisguaranteeshallbeequaltotheamountpayable
bythebuyerplus10%andshallbegivenbyaninsti­
tutionsatisfyingthecriterialaiddownbytheMember
Stateinwhichitissituated.Theguaranteeshallbe
releasedwhenthepurchaserprovidesproofthatthe
obligationsunderthecontracthavebeencomplied
with.Assoonasthesaleisconcluded ,thecontainers
concernedshallbesealedinthepresenceofboth
parties.Thecontainersshallremainsealeduntilthe
oiliswithdrawnbythepurchaser.
Article8
1.Thepurchaserisrequiredtowithdrawn,ineach
periodof30days,atleast10%andatmost20%of
thepurchasedquantity.
Thewithdrawal oftheoilshallcommenceon15
March1981.
2.Ifeachlotisnotwithdrawnwithinthesaidtime
limits:
(a)theoilshallremaininstorageatthepurchaser's
risk;
(b)thepurchasershallpayAIMAasumforstorage
calculatedonthebasisofthequantitytobewith­
drawnandanamountequaltoLit1700per100
kilogramsforeachperiodorpartperiodof30days
ofadditionalstorage.
Article6
Article91.Salesshallcommenceonthe10thdayfollowing
postingofthenoticeofsale.Salesshallbecarriedout
intheorderofsubmissionofapplicationstopurchase,
untilthelotsputupforsalearealldisposedof.
Ifapplicationstopurchasearesubmittedonthesame
dayforthesamelot,AIMAshalldesignateasThepurchasershallpayAIMAthepurchasepricefor
eachlotofoilwithdrawn ,notlaterthantheendof
thefifthmonthfollowingthatinwhichthequantity
concernedwaswithdrawnaccordingtotheprovisions
ofArticle8(1).

13.1.81 NoL11/7 OfficialJournaloftheEuropeanCommunities
Article10 2.Shouldthepaymentforthequantitiespurchased
bemadeaftertheexpiryoftheperiodlaiddownin
Article9,theinterestonoverduepaymentshallbe
chargedtothebuyer.1.withregardtofinancebytheGuaranteeSection
oftheEAGGF,thequantitiescoveredbythesale
referredtointhisRegulationshallbeconsideredto
havebeenwithdrawnfromintervention ,
—inrespectoftheinterestchargesreferredtoin
Article5ofRegulation (EEC)No1883/78,onthe
dayofpayment,
—inrespectofotherexpenditureandreceiptstobe
enteredintheaccount,onthedayoftheirwith­
drawalfromintervention .Article11
ThisRegulationshallenterintoforceonthedayofits
publicationintheOfficialJournaloftheEuropean
Communities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,12January1981.
FortheCommission
FinnGUNDELACH
MemberoftheCommission