CELEX: 31989R0325
Language: en
Date: 1989-02-10 00:00:00
Title: Commission Regulation (EEC) No 325/89 of 8 February 1989 on the sale of olive oil residues held by the Italian intervention agency

No L 38/ 16                            Official Journal of the European Communities                                  10. 2. 89
                                   COMMISSION REGULATION (EEC) No 325/89
                                                     of 8 February 1989
                    on die sale of olive oil residues held by the Italian intervention agency
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      whereas the intervention agency should therefore sell the
                                                                 product for the best price it can obtain ;
Having regard to the Treaty establishing the European            Whereas the measures provided for in this Regulation are
Economic Community,                                              in accordance with the opinion of the Management
                                                                 Committee for Oils and Fats,
Having regard to Council Regulation No 136/66/EEC of
22 September 1966 on the establishment of a common               HAS ADOPTED THIS REGULATION :
organization of the market in oils and fats ('), as last
amended by Regulation (EEC) No 2210/88 (2), and in
particular Article 12 thereof,                                                             Article 1
                                                                  1 . The Italian intervention agency, Azienda di Stato per
Whereas Article 2 of Council Regulation (EEC) No                 gli interventi nel mercato agricolo, hereinafter called
2754/78 (3) provides that olive oil held by the intervention     AIMA, shall sell for the best price it can obtain, all vat
agencies shall be put up for sale by tender except when          bottom residues which it is holding as a result of its
particular conditions necessitate recourse to other              purchases on the olive oil market until the 1987/88
procedures ;                                                     marketing year.
                                                                  2. The notice of sale shall be displayed by AIMA at its
Whereas, during the marketing years from 1985/86 to               head office at Via Palestro, 81 , Rome, Italy for at least 10
1987/88, approximately 70 000 tonnes of olive oil of all          days before the date set for the sale.
qualities held by the Italian intervention agency were sold
by tender ; whereas following these sales the intervention        3. Sale of the product referred to in paragraph 1 shall
agency still holds in stock a quantity of vat bottom              be effected before 30 April 1989. Delivery of the product
residues ; whereas these residues contain a considerable          sold must take place before 31 July 1989.
percentage of oil ; whereas correct management of the
intervention agency's purchases of olive oil requires that       AIMA shall inform the Commission as soon as possible
                                                                  of the outcome of the sale.
these residues should therefore be sold ;
                                                                                           Article 2
Whereas, for commercial reasons based chiefly on the fact
that there is no well-defined market or price system for         This Regulation shall enter into force on the day of its
the product in question, it is not advisable to use the sale      publication in the Official Journal of the European
by tender procedure previously adopted for the olive oil ;        Communities.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 8 February 1989.
                                                                           For the Commission
                                                                            Ray MAC SHARRY
                                                                       Member of the Commission
(') OJ No 172, 30. 9. 1966, p. 3025/66.
0 OJ No L 197, 26. 7. 1988, p. 1 .
0 OJ No L 331 , 28 . 11 . 1978, p. 13.