CELEX: 31973R3208
Language: en
Date: 1973-11-27 00:00:00
Title: Regulation (EEC) No 3208/73 of the Council of 27 November 1973 fixing the monthly increases in the market target price, the intervention price and the threshold price for olive oil for the 1973/74 marketing year

No L 327/ 14                        Official Journal of the European Communities                            28 . 11 . 73
                              REGULATION         EEC   No 2308 /73 OF THE COUNCIL
                                                 of 27 November 1973
               fixing the monthly increases in the market target price, the intervention price
                        and the threshold price for olive oil for the 1973/74 marketing year
THE COUNCIL OF THE EUROPEAN                                    and interest charges in the Community, the storage
 COMMUNITIES,                                                  costs should be established on the basis of the cost of
                                                               storing oil in the appropriate premises and of the
 Having regard to the Treaty establishing the European         handling required for preserving the oil in good condi­
 Economic Community ;                                          tion ; whereas the interest charges can be calculated
 Having regard to Council Regulation No 136/                   on the average price of olive oil in production areas,
 66/ EEC (') of 22 September 1966 on the establish­
 ment of a common organization of the market in oils           HAS ADOPTED THIS REGULATION :
 and fats, as last amended by Regulation (EEC) No
 1707/73 (2), and in particular Article 9 thereof ;                                   Article 1
 Having regard to the proposal from the Commission ;
                                                               For the 1973/74 marketing year the amount of the
Whereas under Article 9 of Regulation No 136/                  monthly increases referred to in Article 9 of Regula­
 66/ EEC the market price, the intervention price and          tion No 136/66/EEC and applicable with effect from
 the threshold price for olive oil must be increased           1 January 1974 shall be 0-75 unit of account per 100
 each month for a period of 10 months beginning on 1           kilogrammes.
January 1974 ; whereas these increases must be the
 same for all three prices ;                                                          Article 2
Whereas in fixing these increases the same for each            This Regulation shall enter into force on 1 January
 month, account being taken of average storage costs           1974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 27 November 1973 .
                                                                           For the Council
                                                                            The President
                                                                          lb FREDERIKSEN
(») OJ No 172, 30. 9. 1966, p. 3025/66.
(2) OJ No L 175, 29. 6. 1973, p. 5.