CELEX: 31978D0374
Language: en
Date: 1978-04-07 00:00:00
Title: Commission Decision of 7 April 1978 on the sale of olive oil residues held by the Italian intervention agency

19 . 4 . 78                            Official Journal of the European Communities                           No L 105/ 23
                                                   COMMISSION DECISION
                                                          of 7 April 1978
                   on the sale of olive oil residues held by the Italian intervention agency
                                                 (Only the Italian text is authentic)
                                                            (78 /374/EEC)
THE COMMISSION OF THE EUROPEAN                                        HAS ADOPTED THIS DECISION :
 COMMUNITIES,
                                                                                              Article 1
 Having regard to the Treaty establishing the European
 Economic Community,                                                  1 . The Italian intervention agency (Azienda di Stato
                                                                      per gli interventi nel mercato agricolo), hereinafter
 Having regard to Council Regulation No 136/66/ EEC                   called 'AIMA', shall sell for the best price it can
 of 22 September 1966 on the establishment of a                       obtain , a quantity of approximately 185 tonnes of vat
 common organization of the market in oils and                        bottom residues which it is holding as a result of its
 fats ('), as last amended by Regulation (EEC) No                     purchases on the olive oil market during the 1975/76
 2560/77 (2), and in particular Article 1 1 (5) thereof,              marketing year.
 Whereas during the marketing year 1976/77 approxi­                   2. The notice of sale shall be displayed by AIMA at
 mately 57 000 tonnes of olive oil of all qualities held              its head office at Via Palestro 81 , Rome, Italy, for at
 by the Italian intervention agency were sold by                      least 10 days before the date set for the sale .
 tender ; whereas following these sales the intervention
 agency still holds in stock a quantity of vat bottom                 3 . Sale of the product referred to in paragraph 1
 residues ; whereas these residues contain a consider­                shall be effected before 29 April 1978 . Delivery of the
 able percentage of oil ; whereas correct management                  product sold must take place before 30 May 1978 .
 of the intervention agency's purchases of olive oil                  AIMA     shall  inform  the   Commission     as soon  as
 requires that these residues should therefore be sold ;              possible of the outcome of the sale.
Whereas, for commercial reasons based chiefly on the                                          Article 2
 fact that there is no well-defined market or price
system for the product in question, it is not advisable               This Decision is addressed to the Italian Republic.
 to use the sale by tender procedure previously adopted
 for the olive oil ; whereas the intervention agency                  Done at Brussels, 7 April 1978 .
should therefore sell the product for the best price it
can obtain ;                                                                                    For the Commission
Whereas the measures provided for in this Decision                                               Finn GUNDELACH
are in accordance with the opinion of the Manage­
 ment Committee for Oils and Fats ,                                                                 Vice-President
                     ■
(') OJ No 172, 30 . 9 . 1966, p . 3025/66 .
(2 ) OJ No L 303 , 28 . 11 . 1977, p . 1 .