CELEX: 31991R2753
Language: en
Date: 1991-09-20
Title: Commission Regulation (EEC) No 2753/91 of 19 September 1991 on the sale of olive oil residues held by the Portuguese intervention agency

20. 9. 91                             Official Journal of the European Communities                              No L 264/ 13
                                    COMMISSION REGULATION (EEC) No 2753/91
                                                    of 19 September 1991
                   on the sale of olive oil residues held by the Portuguese intervention agency
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      HAS ADOPTED THIS REGULATION :
  Having regard to the Treaty establishing the European
  Economic Community,
                                                                                             Article 1
  Having regard to Regulation No 136/66/EEC of the
 Council of 22 September 1966 on the establishment of a
 common organization of the market in oils and fats ('), as       1 . The Portuguese intervention agency, Institute
 last amended by Regulation (EEC) No 1720/91 (2), and in          Nacional de Interven^ao e Garantia Agricola, hereinafter
 particular Article 1 2 thereof,                                  referred to as 'INGA', shall sell for the best price it can
                                                                  obtain, 99 tonnes of vat bottom residues which it is
 Whereas Article 2 of Council Regulation (EEC) No                 holding as a result of the olive oil it bought in up to the
 2754/78 (3) provides that olive oil held by the intervention     1988/89 marketing year.
 agencies shall be put up for sale by tender except when
 particular conditions necessitate recourse to other
 proceudres ;                                                     2.    The notice of sale shall be displayed by INGA at its
                                                                  head office at Rua Camilo Castelo Branco, 45/ 1°, Lisbon,
 Whereas, following sales by invitation to tender for olive       Portugal, at least 1 0 days before the date set for the sale.
 oil organized by the Portuguese intervention agency, the
 latter still holds in stock a quantity of vat bottom
 residues ; whereas these residues contain a considerable         3. Sale of the product referred to in paragraph 1 shall
 percentage of oil ; whereas correct mariagement of the           be effected before 31 October 1991 . Delivery of the
 olive oil bought in by the intervention agency requires          product sold must take place before 30 November 1991 .
 that these residues should therefore be put up for sale ;
                                                                  INGA shall inform the Commission as soon as possible
 Whereas, for commercial reasons based chiefly on the fact        of the outcome of the sale.
 that there is no well-defined market or price system for
 the product in question, it is not advisable to use the sale
 by tender procedure previously applied for the olive oil ;
 whereas the Portuguese intervention agency should                                           Article 2
 therefore sell the product for the best price it can obtain ;
 Whereas the measures provided for in this Regulation are         This Regulation shall enter into force on the day of its
 in accordance with the opinion of the Management                 publication in the Official Journal of the European
 Committee for Oils and Fats,                                     Communities.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 19 September 1991 .
                                                                           For the Commission
                                                                            Ray MAC SHARRY
                                                                       Member of the Commission
o OJ No 172, 30. 9. 1966, p. 3025/66.
(2) OJ No L 162, 11 . 5. 1991 , p. 15.
O OJ No L 331 , 28 . 11 . 1978, p. 13 .