CELEX: 31975R1597
Language: en
Date: 1975-06-24 00:00:00
Title: Regulation (EEC) No 1597/75 of the Council of 24 June 1975 fixing the threshold price for olive oil for the 1975/76 marketing year applicable from 27 June 1975

No L 163/ 24                              Official Journal of the European Communities                             26 . 6 . 75
                              REGULATION (EEC) No 1597/75 OF THE COUNCIL
                                                          of 24 June 1975
               fixing the threshold price for olive oil for the 1975 /76 marketing year applicable
                                                        from 27 June 1975
THE COUNCIL OF THE EUROPEAN                                         Whereas the offer price for oils on the world market
COMMUNITIES,                                                         is currently higher than the threshold price in force,
                                                                    but lower than that fixed by this Regulation for the
Having regard to the Treaty establishing the European                1975/76 marketing year ; whereas, in order to ensure
Economic Community ;                                                 that this fact does not further aggravate the situation
Having regard to Council Regulation No 136/                          on the Community market, it is necessary to bring
66/ EEC ( 1 ) of 22 September 1966 on the establish­                 forward to 27 June 1975 the entry into force of the
ment of a common organization of the market in oils                  threshold price valid for the 1975/76 marketing year,
and fats, as last amended by Regulation (EEC) No
1707/73 (2), and in particular the second paragraph of               HAS ADOPTED THIS REGULATION :
Article 4 and Article 36 thereof ;
                                                                                              Article 1
Having regard to the proposal from the Commission ;
                                                                    The threshold price for olive oil for the 1975/76
Whereas the threshold price must be fixed in such a
                                                                    marketing year shall be 146*96 units of account per
way as to enable the selling price of the imported
                                                                     100 kilogrammes.
product, at the frontier crossing point referred to in
Article 13 (2) of Regulation No 136/66/EEC, to be                                             Article 2
maintained at the level of the market target price ;
whereas, when the costs currently incurred by the                    By way of derogation from the third paragraph of
importer from the cif stage are taken into account, the              Article 4 of Regulation No 136/66/ EEC, the threshold
level of the threshold price should be fixed at three                price for olive oil for the 1975/76 marketing year shall
units of account below the level of the market target                enter into force on 27 June 1975.
price ;
                                                                                              Article 3
Whereas pursuant to the third paragraph of Article 4
of Regulation No 136/66/EEC, the threshold price                     This Regulation shall enter into force on the day of its
enters into force on 1 November of each marketing                    publication in the Official Journal of the European
year ;                                                                Communities.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Luxembourg, 24 June 1975.
                                                                                  For the Council
                                                                                   The President
                                                                                  M. A. CLINTON
(') OJ No 172, 30 . 9 . 1966, p . 3025/66 .
(-') OJ No L 175, 29 . 6 . 1973 , p . 5 .