CELEX: 31973R3448
Language: en
Date: 1973-12-21 00:00:00
Title: Regulation (EEC) No 3448/73 of the Commission of 21 December 1973 laying down detailed rules for the application of Article 4b of Regulation (EEC) No 974/71 in the olive oil sector

No L 353 / 22                           Official Journal of the European Communities                              22 . 12 . 73
                            REGULATION ( EEC) No 3448 /73 OF THE COMMISSION
                                                     of 21 December 1973
                 laying down detailed rules for the application of Article 4b of Regulation (EEC)
                                              No 974/ 71 in the olive oil sector
THE COMMISSION OF THE EUROPEAN                                    marketing year 1973/74 pursuant to Article 10 of
COMMUNITIES ,                                                     Council Regulation No 136/ 66/ EEC (3), on the esta­
                                                                  blishment of a common organization of the market: in
Having regard to the Treaty establishing the European             oils and fats, as last amended by Regulation (EEC) No
Economic Community ;                                               1 707/73 (4) ;
Having regard to Council Regulation (EEC) No                      Whereas, the measures provided for in this Regulation
974/71 (') of 12 May 1971 on certain measures of                  are in accordance with the Opinion of the Manage­
conjunctural policy to be taken in agriculture                    ment Committee for Oils and Fats,
following the temporary widening of the margins of
fluctuation     for   the currencies      of certain  Member
States, as last amended by Regulation ( EEC) No                    HAS ADOPTED THIS REGULATION :
1 225 /73 (2 ), and in particular Article 6 thereof ;
Whereas, in accordance with Article 4b ( 1 ) of Regula­                                      Article 1
tion ( EEC) No 974/71 , the intervention prices in force           During the marketing year 1973/74, the intervention
during the marketing year 1973/74 for the products                 price referred to in Article 7 of Regulation No 136/
referred to in Article 1 (2) of the abovementioned                66/EEC shall be increased in Italy by a corrective of
oned Regulation are to be increased in Italy by a                  570 Lit/ 100 kg.
corrective of 1 % ;
Whereas, with regard to the olive oil sector, it is desir­                                   Article 2
able to specify that the intervention price shall be
increased in Italy by the corrective referred to above :           During the marketing year 1973/74, the aid for olive
                                                                  oil referred to in Article 10 of Regulation No 136/
Whereas, in accordance with Article 4b (2) of Regula­              66/ EEC shall be increased in Italy by a corrective of
tion ( EEC) No 974/71 , the corrective amount referred             274 Lit/ 100 kg.
to above must in so far as is necessary be reflected in
the amounts which Italy must pay in accordance with                                          Article 3
Regulations on the common organization of agricul­
tural markets following other interventions on the                This Regulation shall enter into force on the day of its
internal market ; whereas in this connection and as far            publication in the Official Journal of the European
as the olive oil sector is concerned, it appears neces­            Communities. It shall be applicable from 1 December
sary to increase the aid paid to Italy during the                  1973 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 21 December 1973 .
                                                                             For the Commission
                                                                                  The President
                                                                           Francois-Xavier ORTOLI
(') OJ No L 106, 12 . 5 . 1971 , p. 1 .                           (3 ) OJ No 172, 30 . 9 . 1966 , p . 3025 / 66 .
 2 ) OJ No L 1 25, 11.5 . 1 973 , p. 49 .                         (4 ) OJ No L 175 , 29 . 6 . 1973 , p. 5 .