CELEX: 31998R1246
Language: en
Date: 1998-06-16 00:00:00
Title: Commission Regulation (EC) No 1246/98 of 16 June 1998 on the sale of olive oil residues held by the Italian intervention agency

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,                        Whereas the product in question could not be sold under
                                                                   Commission Regulation (EC) No 747/98 (7) because of the
Having regard to the Treaty establishing the European              low level of offers received; whereas the residues must
Community,                                                         therefore be put on sale again;
Having regard to Council Regulation No 136/66/EEC of
                                                                   Whereas the measures provided for in this Regulation are
22 September 1966 on the establishment of a common
                                                                   in accordance with the opinion of the Management
organisation of the market in oils and fats (1), as last
                                                                   Committee for Oils and Fats,
amended by Regulation (EC) No 1581/96 (2), and in
particular Article 12(2) thereof,
Whereas Article 2 of Council Regulation (EEC) No 2754/             HAS ADOPTED THIS REGULATION:
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                                    Article 1
particular conditions call for other procedures;                   1. The Italian intervention agency Azienda di Stato per
Whereas Article 1(1) of Commission Regulation (EEC)                gli interventi nel mercato agricolo, hereinafter referred to
No 2960/77 (5), as last amended by Regulation (EEC) No             as ‘AIMA', shall sell at the best price it can obtain on the
3818/85 (6), provides that intervention agencies may not           Community market approximately 720 tonnes of the vat
sell the olive oil which they hold until a regulation to that      bottom residues it holds from olive oil bought in.
effect has been adopted in accordance with the procedure
                                                                   2. The notice of sale shall be displayed by AIMA at its
provided for in Article 38 of Regulation No 136/66/EEC;
                                                                   head office at Via Palestro 81, 00185 Rome, Italy, at least
Whereas, following sales of olive oil by invitation to             10 days before the date set for the sale.
tender organised by the Italian intervention agency, the
latter still holds a stock of vat bottom residues; whereas         3. The product referred to in paragraph 1 must be sold
those residues contain oil in varying percentages; whereas         before 15 July 1998. The product sold must be delivered
sound management of the olive oil bought in by the                 before 30 September 1998.
intervention agency demands that those residues should             4. AIMA shall inform the Commission as soon as
be put up for sale;                                                possible of the outcome of the sale.
Whereas, for commercial reasons based chiefly on the fact
that there is no well-defined market or price system for                                      Article 2
the product in question, the system of sale by invitation
to tender previously applied for olive oil is ruled out;           This Regulation shall enter into force on the third day
whereas the Italian intervention agency should therefore           following its publication in the Official Journal of the
sell the product at the best price it can obtain;                  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.