CELEX: 31974R1121
Language: en
Date: 1974-04-29 00:00:00
Title: Regulation (EEC) No 1121/74 of the Council of 29 April 1974 fixing the production and market target prices and the intervention price for olive oil for the 1974/75 marketing year

10 . 5 . 74                             Official Journal of the European Communities                           No L 128/7
                                 REGULATION (EEC) No 1121/74 OF THE COUNCIL
                                                         of 29 April 1974
              fixing the production and market target prices and the intervention price for olive oil
                                                  for the 1974/75 marketing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                           Whereas the application of these criteria entails
                                                                    fixing the production and market target prices and
                                                                    the intervention price at the same level as that
Having regard to the Treaty establishing the Euro­                  adopted for the preceding marketing year,
pean Economic Community, and in particular Article
43 thereof;
                                                                    HAS ADOPTED THIS REGULATION :
Having regard to Council Regulation No 136/66/
EEC ( 1 ) of 22 September 1966 on the establishment                                            Article 1
of a common organization of the market in oils and
fats, as last amended by Regulation (EEC) No 1707/
73 (2), and in particular by the first paragraph of                 The prices for olive oil tor the 1974/75 marketing
Article 4 thereof;                                                  year shall be :
Having regard to the proposal from the Commission ;                 ( a) production target price :
                                                                         137·17 units of account per 100 kilogrammes ;
Having regard to the Opinion of the European
Parliament;
                                                                    (b ) market target price :
Having regard to the Opinion of the Economic and                         95 units of account per 100 kilogrammes ;
Social Committee;
                                                                    ( c) intervention price :
Whereas the production and market target prices
and the intervention price must be fixed according                       87·75 units of account per 100 kilogrammes.
to the criteria laid down in Articles 4, 5, 6 and 7 of
Regulation No 136/66/EEC for a specific standard
quality ;
                                                                                               Article 2
Whereas the reasons which have led to the deter­
mination of the standard quality for the preceding                  The prices referred to in Article 1 relate to virgin
marketing year continue to prevail ; whereas it is                  semi-fine olive oil with a free fatty acid content,
therefore appropriate to maintain this quality un­                  expressed as oleic acid, of 3 grammes per 100 gram­
changed ;                                                           mes .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Luxembourg, 29 April 1974.
                                                                                           For the Council
                                                                                              The President
                                                                                                 J. ERTL
(x) OJ No 172, 30. 9 . 1966 , p . 3025/66 .
 (2) OJ No L 175 , 29. 6. 1973 , p . 5 .