CELEX: 31978R0503
Language: en
Date: 1978-03-09 00:00:00
Title: Commission Regulation (EEC) No 503/78 of 9 March 1978 amending Regulation No 785/67/EEC on the buying-in of olive oil by intervention agencies

10 . 3 . 78                             Official Journal of the European Communities                             No L 68 / 17
                                    COMMISSION REGULATION ( EEC) No 503/78
                                                       of 9 March 1978
              amending Regulation No 785/67/EEC on the buying-in of olive oil by interven­
                                                         tion agencies
THE COMMISSION OF THE EUROPEAN                                     Whereas it does not appear possible with the present
COMMUNITIES,                                                       method of analysis to guarantee in all cases the quality
                                                                   of the oil offered for intervention ; whereas, pending
Having regard to the Treaty establishing the European              the elaboration of an adequate method of analysis,
Economic Community,                                                provision should be made for interim protective
Having regard to Council Regulation No 136/66/EEC                  measures to avoid the risk of fraudulent operations ;
of 22 September 1966 on the establishment of a                     whereas the advantage of offering virgin olive oil ,
common organization of the market in oils and                      extra, of 0.6^ acidity for intervention should be provi­
fats (!), as last amended by Regulation (EEC) No                   sionally reduced by altering the price increase appli­
2560/77 (2), and in particular Article 1 1 (5) thereof,            cable to such oil ;
Whereas in certain regions of the Community it has                 Whereas the measures provided for in this Regulation
been noted that virgin olive oil, extra, of 0.6^ or less           are in accordance with the opinion of the Manage­
acidity is being sent into intervention ; whereas at the           ment Committee for Oils and Fats,
same time the market prices of that quality of olive oil
are at the level of the market target prices ;
                                                                   HAS ADOPTED THIS REGULATION :
Whereas, according to certain information , the oil
sent into intervention in certain cases may not be oil
                                                                                             Article 1
which has naturally the characteristics of virgin olive
oil, extra, of 0.6^ acidity ;                                      By way of derogation from the Annex to Regulation
Whereas the Annex to Regulation No 785/ 67/EEC on                  (EEC) No 785/ 67/ EEC, the price increase contained
the buying-in of olive oil by intervention agencies (3),           therein for virgin olive oil , extra, of more than 0.6° up
as last amended by Regulation (EEC) No 2374/77 (4),                to and including 1° of acidity shall apply also to
provides for different increases in the buying-in price            virgin olive oil, extra, of 0.6° or less acidity up to and
of virgin olive oil, extra, offered for intervention ,             including 15 May 1978 .
according to its degree of acidity ; whereas the substan­
tial difference between the price increase applicable to                                     Article 2
virgin olive oil, extra, of 0.6^ acidity and that appli­
cable to virgin olive oil, extra, of a higher degree of            This Regulation shall enter into force on the day of its
acidity is an incentive to manipulate the oils offered             publication in the Official Journal of the European
for intervention ;                                                 Communities.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 9 March 1978 .
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
(1) OJ   No 172, 30 . 9 . 1966, p. 3025/66.
(2) OJ   No L 303, 28 . 11 . 1977, p. 1 .
(3) OJ   No 264, 31 . 10. 1967, p. 11 .
(4) OJ   No L 277, 29. 10. 1977, p. 27.