CELEX: 31977R1530
Language: en
Date: 1977-07-07 00:00:00
Title: Commission Regulation (EEC) No 1530/77 of 7 July 1977 on the putting up for  sale of olive oil held by the Italian intervention agency

8 . 7. 77                            Official Journal of the European Communities                           No L 170/ 11
                                COMMISSION REGULATION (EEC) No 1530/77
                                                      of 7 July 1977
               on the putting up for sale of olive oil held by the Italian intervention agency
THE COMMISSION OF THE EUROPEAN                                  (b) 2 600 tonnes of extra virgin olive oil,
COMMUNITIES,                                                         1 500 tonnes of ordinary virgin olive oil,
                                                                     1 000 tonnes of olive-residue oil,
Having regard to the Treaty establishing the European           out of the intervention purchases made during the
Economic Community,                                              1975/76 olive oil marketing year, and in accordance
                                                                with the provisions of this Regulation and of Regula­
Having regard to Council Regulation No 136/66/EEC               tion (EEC) No 1226/77.
of 22 September 1966 on the establishment of a
common organization of the market in oils and                                            Article 2
fats (!), as last amended by Regulation (EEC) No
1707/73 (2), and in particular Article 11 (5) thereof,          The invitation to tender shall be published from 11
                                                                July 1977. Particulars of the lots of oil offered for sale
Whereas, pursuant to Article 11 ( 1 ) of Regulation No          and the place where they are stored shall be displayed
136/66/EEC, the Italian intervention agency bought              at the central office of AIMA, Via Palestro 81 , Rome,
in large quantities of olive oil during the 1975/76              Italy.
marketing year ;
                                                                                         Article 3
Whereas Commission Regulation (EEC) No 1226/77
of 8 June 1977 laying down rules for the sale of olive          The minimum selling price shall be as laid down in
oil held by the intervention agencies (3) laid down the          the Annex hereto.
conditions for the sale by tender on the Community
market of olive oil ; whereas the state of the Italian
                                                                                         Article 4
market in olive oil is at present favourable for the
resale of part of the said oil ; whereas, in view of the
                                                                 Tenders shall reach AIMA, Via Palestro 81 , Rome,
state of the market, the sale by tender should be
carried out as soon as possible ;                                Italy, not later than 2 p.m. (Italian time) on 25 July
                                                                 1977.
Whereas, in order to avoid the risk of disturbing the
market, the maximum quantity which may be                                                Article 5
awarded to a single participant in the tendering proce­
dure should be limited ;                                         The olive oil shall be sold by AIMA on 26 and 27
                                                                 July 1977. AIMA shall supply the agencies respon­
                                                                 sible for storage with a list of the lots remaining
Whereas the measures provided for in this Regulation             unsold.
are in accordance with the opinion of the Manage­
ment Committee for Oils and Fats,
                                                                                          Article 6
                                                                 The security shall be :
HAS ADOPTED THIS REGULATION :                                    — Lit 13 000 per 100 kilograms for extra virgin olive
                                                                      oil,
                                                                 — Lit 11 000 per 100 kilograms for ordinary virgin
                                                                      olive oil,
                         Article 1
                                                                 — Lit 8 000 per 100 kilograms for olive-residue oil.
The Italian intervention agency 'Azienda di Stato per
                                                                                          Article 7
gli interventi nel mercato agricolo' hereinafter referred
 to as 'AIMA', shall put up for sale by tender :
                                                                 However, where the total quantity in respect of which
(a) the unsold quantities of olive oil put up for sale           a tenderer has offered the highest price exceeds 500
     under Regulation (EEC) No 1287/77 ;                         tonnes for extra virgin olive oil, 600 tonnes for ordi­
                                                                 nary virgin olive oil or 1 500 tonnes for olive-residue
(') OJ No 172, 30. 9. 1966, p. 3025/66.                          oil, the contract shall be awarded to that tenderer only
(2) OJ No L 175, 29. 6. 1973, p. 5.                              in respect of the lot or lots the total contents of which
(3) OJ No L 141 , 9. 6. 1977, p. 20.                             do not exceed the said limit.
 ---pagebreak--- No L 170/ 12                           Official Journal of the European Communities                                    8 . 7. 77
Contracts for the quantities in excess of that limit                                             Article 8
shall be awarded to the other tenderers, in descending                The storage charge shall be Lit 1 000 per 100 kilo­
order of offer price and subject to the said limit.                   grams.
When determining the lot or lots to be excluded from
a particular award under the preceding paragraph, the                                            Article 9
Italian intervention agency shall choose the lot or lots               This Regulation shall enter into force on the day of its
for which the tenderer has offered the lowest price.                   publication in the Official Journal of the European
                                                                       Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
              Done at Brussels, 7 July 1977.
                                                                                 For the Commission
                                                                                   Finn GUNDELACH
                                                                                      Vice-President
                                                              ANNEX
                      Minimum selling price (or olive oil held by the Italian intervention agency
              1 . Extra virgin olive oil, 1 : Lit 157 000 per 100 kilograms.
              2. Ordinary virgin olive oil : Lit 141 000 per 100 kilograms.
              3. 15° olive-residue oil :        Lit 86 500 per 100 kilograms.
              In the case of olive-residue oil with a different degree of acidity, there shall be added or deducted as
              the case may be Lit 1000 per 100 kilograms for each degree of acidity or fraction thereof less or
              more than 15° .