ARCHIVES HISTORIQUES
DELACOMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (75)101
Vol.1975/0038

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COMMISSION QFTHEEUS.OEBAN COMMUNITIES
COM(75)101 final
Brussels ,11March1975
Proposai fora
REGULATION OPTHECOUNCIL
fixingthemarKettargetpriceandthe
intervention priceforoliveoilfor
the1975/76marketing year
(submitted totheCouncil "bytheCommission )
COM(75)101final

EKPLAIIATORY IffiîORiilîDUM
1«Initsmeetingof10/11February 1975»"theCouncil madethefollowing decisions :
foroliveoilforthe1975/1976marketingyear:
–thefixingoftheproduction targetpriceat185UA/lOOkg;
-themaintenance oftheproduction subsidyatalevelcorresponding tothe
aftount,inItalianlire,obtained bytheproducer ofthatstateforthe
1974/1975marketingyear.
AnthesubsidygrantedtoItalienproducers duringthe1974/1775marketing
yearwas30,025lire(42,17UAx712lire),thesubsidyforthe1975/1976
marketingyearatthenexrateof1UA=857lireshallamountto35*04UA/lOOkg,
2,Owingthefactthatthedifference betweentheproduction andmarkettarget
prices,whichrepresents thesubsidy,hasalreadybeenfixedbytheCouncil
theabovedecision consequently entailsthefixingofamarkettargetprice
atthelevelshowninthisproposal,
3,Sincethereasonswhichledtothefirdlng,forthe1974/1975marketingyear,
ofadifference of7»25UA/lOOkgbetweenthemarkettargetprice andthe
intervention pricestillexist,itisproposedtomaintainthesamediffe­
renceforthe1975/1976marketingyear.

Proposaifora
REGULATION OPTHECOUÎTCIL
fixing -themarkettargetpriceandtheintervention priceforoliveoilforthe
1975/76.marketing year*
THECOUNCIL QE1THEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean Economic Community ,and
inparticular Article 43thereof ;
HavingregardtoCouncilRegulation No136/66/EEC^of22September1966on
theestablishment ofacommonorganization ofthemarketinoilsandfats,as
lastamendedbyRegulation (EEC)No1707fl3^\andinparticularthefirst
paragraph ofArticle4thereof;
Havingregardtotheproposal fromtheCommission ;
HavingregardtotheOpinionoftheEuropean Parliament ;
Whereasthemarkettargetpriceandtheintervention pricemustbefixedaccor­
dingtothecriterialaiddowninArticles4*6and7°fRegulation NoI36/66/EBC
foraspecific standardquality;
Whereasthereasonswhichhaveledtothedetermination ofthestandard ^cjality
forthepreceding marketing yearcontinuetoprevail;whereasitittherefore
appropriate tomaintainthisqualityunchanged ;
Whereasapplyingthesecriteriaitfollowsthatthemarkettargetpriceandthe
intervention priceshouldbefixedatalevelhigherthanthatadoptedforthe
preoeding marketing year,
*
EASÂDOPTED THISREGULATION s
(1)OJNo172,30.9.1966 rp.3025/66(2)OJNoL175»29,6.1973,P.5

-2-
Article 1
Theprices forolive oilforthe19?5/76oarkstingyear shall beasfollows' i
(a)market target price :
149*96 units ofaccount per100kilogrammes ;
(b)intervention price :
142«71 units ofacoount per100kilogrammes .
Article 2
Theprices referred toinArticle 1relate tovirgin semi-fine olive oilwith
afree fatty acid content expressed ,asoleic acid of3grammes per100grammes .
This Regulation shall "bebinding initsentirety anddirectly applicable inall
Member States .
. \
Dom atBrüssels , For the Council