Commission Regulation (EC) No 1246/98 of 16 June 1998 on the sale of olive oil residues held by the Italian intervention agency
Date: 1998-06-16
Institutions: European Commission
Subjects: Italy, intervention agency, olive oil, sale, waste

L 171/26

EN

Official Journal of the European Communities

17. 6. 98

COMMISSION REGULATION (EC) No 1246/98

of 16 June 1998

on the sale of olive oil residues held by the Italian intervention agency

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation No 136/66/EEC of
22 September 1966 on the establishment of a common
organisation of the market in oils and fats (1), as last
amended by Regulation (EC) No 1581/96 (2), and in
particular Article 12(2) thereof,

Whereas Article 2 of Council Regulation (EEC) No 2754/
78 (3), as amended by Regulation (EEC) No 2203/90 (4),
provides that olive oil held by the intervention agencies is
to be put up for sale by invitation to tender except where
particular conditions call for other procedures;

Whereas Article 1(1) of Commission Regulation (EEC)
No 2960/77 (5), as last amended by Regulation (EEC) No
3818/85 (6), provides that intervention agencies may not
sell the olive oil which they hold until a regulation to that
effect has been adopted in accordance with the procedure
provided for in Article 38 of Regulation No 136/66/EEC;

Whereas,
following sales of olive oil by invitation to
tender organised by the Italian intervention agency, the
latter still holds a stock of vat bottom residues; whereas
those residues contain oil in varying percentages; whereas
sound management of the olive oil bought in by the
intervention agency demands that those residues should
be put up for sale;

Whereas, for commercial reasons based chiefly on the fact
that there is no well-defined market or price system for
the product in question, the system of sale by invitation
to tender previously applied for olive oil is ruled out;
whereas the Italian intervention agency should therefore
sell the product at the best price it can obtain;

Whereas the product in question could not be sold under
Commission Regulation (EC) No 747/98 (7) because of the
low level of offers received; whereas the residues must
therefore be put on sale again;

Whereas the measures provided for in this Regulation are
in accordance with the opinion of
the Management
Committee for Oils and Fats,

HAS ADOPTED THIS REGULATION:

Article 1

1.
The Italian intervention agency Azienda di Stato per
gli interventi nel mercato agricolo, hereinafter referred to
as ‘AIMA', shall sell at the best price it can obtain on the
Community market approximately 720 tonnes of the vat
bottom residues it holds from olive oil bought in.

2.
The notice of sale shall be displayed by AIMA at its
head office at Via Palestro 81, 00185 Rome, Italy, at least
10 days before the date set for the sale.

3.
The product referred to in paragraph 1 must be sold
before 15 July 1998. The product sold must be delivered
before 30 September 1998.

4. AIMA shall
possible of the outcome of the sale.

inform the Commission as soon as

Article 2

This Regulation shall enter into force on the third day
following its publication in the Official Journal of the
European Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member
States.

Done at Brussels, 16 June 1998.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ 172, 30. 9. 1966, p. 3025/66.
(2) OJ L 206, 16. 8. 1996, p. 11.
(3) OJ L 331, 28. 11. 1978, p. 13.
(4) OJ L 201, 31. 7. 1990, p. 5.
(5) OJ L 348, 30. 12. 1977, p. 46.
(6) OJ L 368, 31. 12. 1985, p. 20.

(7) OJ L 103, 3. 4. 1998, p. 17.