CELEX: 31989R2103
Language: en
Date: 1989-07-14 00:00:00
Title: Commission Regulation (EEC) No 2103/89 of 13 July 1989 on the sale of olive oil residues held by the Portuguese intervention agency

14. 7. 89                             Official Journal of the European Communities                             No L 201 / 17
                                  COMMISSION REGULATION (EEC) No 2103/89
                                                       of 13 July 1989
                  on the sale of olive oil residues held by the Portuguese intervention agency
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      Whereas the measures provided for in this Regulation are
                                                                  in accordance with the opinion of the Management
Having regard to the Treaty establishing the European             Committee for Oils and Fats,
Economic Community,
Having regard to Regulation No 136/66/EEC of the                  HAS ADOPTED THIS REGULATION :
Council of 22 September 1966 on the establishment of a
common organization of the market in oils and fats ('), as                                 Article 1
last amended by Regulation (EEC) No 1225/89 (2), and in
particular Article 12 thereof,                                    1 . The Portuguese intervention agency, Instituto
                                                                  Nacional de Intervenção e Garantia Agricola, hereinafter
Whereas Article 2 of Council Regulation (EEC) No                  referred to as 'INGA', shall sell for the best price it can
2754/78 (3) provides that olive oil held by the intervention      obtain, 76 tonnes of vat bottom residues which it is
agencies shall be put up for sale by tender except when           holding as a result of the olive oil it bought in up to the
particular conditions necessitate recourse to other               1987/88 marketing year.
proceudres ;
                                                                  2.    The notice of sale shall be displayed by INGA at its
Whereas, following sales by invitation to tender for olive        head office at Rua Padre Ant6nio Vieira n° 1 , Lisbon, at
oil organized by the Portuguese intervention agency, the          least 10 days before the date set for the sale.
latter still holds in stock a quantity of vat bottom              3. Sale of the product referred to in paragraph 1 shall
residues ; whereas these residues contain a considerable
                                                                  be effected before 15 September 1989. Delivery of the
percentage of oil ; whereas correct management of the             product sold must take place before 30 September 1989.
olive oil bought in by the intervention agency requires
that these residues should therefore be put up for sale ;         INGA shall inform the Commission as soon as 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, it is not advisable to use the sale
by tender procedure previously applied for the olive oil ;        This Regulation shall enter into force on the day of its
whereas the Portuguese intervention agency should                 publication in the Official Journal of the European
therefore sell the product for the best price it can obtain ;      Communities.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 13 July 1989.
                                                                            For the Commission
                                                                             Ray MAC SHARRY
                                                                        Member of the Commission
(') OJ No 172, 30. 9. 1966, p. 3025/66.
(*) OJ No L 128, 11 . 5. 1989, p. 15.
O OJ No L 331 , 28. 11 . 1978, p. 13.