CELEX: 51992PC0253(05)
Language: en
Date: 1992-11-11
Title: Proposal for a Council Regulation on application of the common intervention price for olive oil in Spain and Portugal

18 . 12 . 92                             Official Journal of the European Communities                               No C 335 / 55
               Proposal for a Council Regulation on application of the common intervention price for olive oil in
                                                       Spain and Portugal
                                                         ( 92 / C 335 / 11
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                             year (*), consideration may be given to bringing forward to
                                                                      1 January 1993 the alignment of the Spanish and
                                                                      Portuguese prices on the common price while maintaining
Having regard to the Treaty establishing the European                 production aid and consumption aid at the level laid down
Economic Community ,                                                  in the Act of Accession ,
Having regard to the Act of Accession of Spain and
Portugal , and in particular Article 89 ( 2 ) and 234 ( 3 )
thereof,                                                              HAS ADOPTED THIS REGULATION :
Having regard to the proposal from the Commission ,
                                                                                                    Article 1
Having regard        to    the opinion   to   the   European
Parliament ,                                                          The common intervention price for olive oil shall be
                                                                      applicable in Spain and Portugal from 1 January 1993 .
Whereas realization of the single market on 1 January 1993
requires the removal of all barriers to trade , not only
                                                                                                    Article 2
between the Member States of the Community as
constituted on 31 December 1985 but also , to the greatest
possible extent , between those Member States and Spain              Transitional measures required to ensure a smooth
and Portugal ;                                                       changeover from the arrangements specified in Articles 92
                                                                      and 290 of the Act of Accession to those of this Regulation ,
Whereas under the terms of Articles 92 and 290 of the Act             in particular to prevent a deflection of normal trade flows
of Accession alignment of Spanish and Portugese olive oil             between Spain and Portugal and the other Member States ,
prices on the common price is to be gradually achieved in a           shall be adopted in accordance with the procedure laid
period up to the beginning of the 1995 / 96 marketing year ;         down in Article 38 of Regulation ( EEC ) No
                                                                      136 / 66 / EEC .
whereas until that date accession compensatory amounts
therefore fail to be applied to trade between these countries
and the other Member States ;
                                                                                                    Article 3
Whereas , however , in the light of the rebalancing provided
for in Council Regulation ( EEC ) No 2047 / 92 of 20 June            This Regulation shall enter into force on the seventh day
1992 fixing the prices , aids and percentages of aids to be           following its publication in the Official Journal of the
retained in the olive-oil sector for the 1992 / 93 marketing         European Communities .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                                                                     ( i ) OJ No L 215 , 30 . 7 . 1992 , p. 3 .