CELEX: 31978R1273
Language: en
Date: 1978-06-14 00:00:00
Title: Commission Regulation (EEC) No 1273/78 of 13 June 1978 on the putting up for sale of olive oil held by the Italian intervention agency

14. 6 . 78                              Official Journal of the European Communities                          No L 156/43
                                   COMMISSION REGULATION (EEC) No 1273/78
                                                         of 13 June 1978
               on the putting up for sale of olive oil held by the Italian intervention agency
THE COMMISSION OF THE EUROPEAN                                                             Article 2
COMMUNITIES,
                                                                   The invitation to tender shall be published on 19
Having regard to the Treaty establishing the European              June 1978 . Particulars of the lots of oil offered for sale
Economic Community,                                                and the place where they are stored shall be displayed
Having regard to Council Regulation No 136/66/ EEC                 at the central office of AIMA, Via Palestro 81 , Rome,
of 22 September 1966 on the establishment of a                     Italy.
common organization of the market in oils and
fats (*), as last amended by Regulation (EEC) No                                           Article 3
2560/77 (2), and in particular Article 1 1 (5) thereof,
                                                                   The minimum selling price shall be as laid down in
Whereas, pursuant to Article 11 ( 1 ) of Regulation No             the Annex hereto .
 136/66/ EEC, the Italian intervention agency has, since
the 1975/76 marketing year, bought in large quanti­
                                                                                           Article 4
ties of olive oil ;
Whereas Commission Regulation (EEC) No 2960/7.7                    Tenders shall reach AIMA, Via Palestro 81 , Rome,
of 23 December 1977 laying down rules for the sale of              Italy, not later than 2 p.m . (Italian time) on 3 July
olive oil held by the intervention agencies (3 ), laid              1978 .
down the conditions for the sale by tender on the
Community market and for export of olive oil ;                                             A rticle 5
whereas the state df the Italian market in olive oil is at
present favourable for the resale of the said oil ;                The olive oil shall be sold by AIMA, on 6 July 1978 .
whereas, in view of the state of the market, a tender              AIMA shall supply the agencies responsible for
should be organized ;                                              storage with a list of the lots remaining unsold.
Whereas the measures provided for in this Regulation
are in accordance with the opinion of the Manage­                                          Article 6
ment Committee for Oils and Fats,
                                                                   The security shall be eight units of account per 100
                                                                   kilograms .
HAS ADOPTED THIS REGULATION :
                           Article 1                                                       Article 7
The Italian intervention agency 'Azienda di stato per              The storage charge shall be Lit 1 000 per 100 kilo­
gli interventi sul mercato agricolo', hereinafter referred         grams .
to as 'AIMA', shall put up for sale by tender in accor­
dance with the provisions of this Regulation and of                                        Article 8
Regulation (EEC) No 2960/77 approximately 4 000
tonnes of lampante virgin olive oil , out of intervention          This Regulation shall enter into force on the day
purchases made during the 1975/76 and 1976/77 olive                following its publication in the Official Journal of
oil marketing years .                                               the European Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels, 13 June 1978 .
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
(>) OJ No 172, 30 . 9 . 1966, p . 3025/ 66 .
(2) OJ No L 303 , 28 . 11 . 1978 , p . 1 .
(3 ) OJ No L 348 , 30 . 12 . 1977, p . 46 .
 ---pagebreak--- No L 156/44                      Official Journal of the European Communities                                    14. 6 . 78
                                                       ANNEX
                  Minimum selling price for olive oil held by the Italian intervention agency
                             Lampante virgin olive oil, 5 : 138 500 Lit per 100 kilograms
          In the case of lampante virgin olive oil with a different degree of acidity, there shall be added or
          deducted as the case may be Lit 1 000 per 100 kilograms for each degree of acidity or fraction thereof
          less or more than 5° .