CELEX: 51986PC0020(10)
Language: en
Date: 1986-02-11
Title: PROPOSAL FOR A COUNCIL REGULATION FIXING THE MONTHLY INCREASES IN THE REPRESENTATIVE MARKET PRICE, THE INTERVENTION PRICE AND THE THRESHOLD PRICE FOR OLIVE OIL FOR THE 1986/87 MARKETING YEAR

14. 4. 86                                  Official Journal of the European Communities                                No C 85/13
                            Article 4                                 It shall apply from 1 November 1986.
This Regulation shall enter into force on the third day
following its publication in the Official Journal of the              This Regulation shall be binding in its entirety and directly
European Communities.                                                 applicable in all Member States.
               Proposal for a Council Regulation fixing the monthly increases in the representative market price, the
                     intervention price and the threshold price for olive oil for the 1986/87 marketing year
                                                          COM(86) 20 final
                               (Submitted by the Commission to the Council on 14 February 1986)
                                                            (86/C 85/10)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                              Whereas, to ensure orderly marketing of the production, in
                                                                      view of the prospects for production and consumption, it is
Having regard to the Treaty establishing the European                 sufficient to provide for seven increases for olive oil,
Economic Community,
Having regard to Council Regulation No 136/66/EEC of
22 September 1966 on the establishment of a common                    HAS ADOPTED THIS REGULATION:
organization of the market in oils and fats( J ), as last
amended by Regulation (EEC) No               , and in particular                                 Article 1
Article 10 thereof,
                                                                      For the 1986/87 marketing year, the amount of the monthly
Having regard to the proposal from the Commission,                    increases referred to in Article 10 of Regulation No
                                                                       136/66/EEC and applicable for seven months with effect
                                                                      from 1 January 1987 shall be 1,79 ECU per 100
Whereas, under Article 10 of Regulation No 136/66/EEC,
                                                                      kilograms.
the representative market price, the intervention price and
the threshold price for olive oil must be increased each month
for a period of at least five months beginning on 1 January
 1987; whereas these increases must be the same for all three
prices;                                                                                          Article 2
Whereas, in fixing these increases the same for each of these          This Regulation shall enter into force on the third day
months, account being taken of average storage costs and               following its publication in the Official Journal of the
interest charges in the Community, the average storage costs           European Communities.
 should be established on the basis of the cost of storing oil in
 the appropriate premises and of the handling required for             It shall apply from 1 November 1986.
preserving the oil in good condition; whereas the interest
 charges can be calculated with reference to the average price
 of olive oil valid in production areas;
                                                                       This Regulation shall be binding in its entirety and directly
 0) OJ No 172, 30. 9. 1966, p. 3025/66.                                applicable in all Member States.