CELEX: 31977R1066
Language: en
Date: 1977-05-17 00:00:00
Title: Council Regulation (EEC) No 1066/77 of 17 May 1977 fixing the market target price and the intervention price for olive oil for the 1977/78 marketing year

No L 129/2                              Official Journal of the European Communities                             25 . 5 . 77
                                     COUNCIL REGULATION (EEC) No 1066/77
                                                        of 17 May 1977
               fixing the market target price and the intervention price for olive oil for the
                                                    1977 /78 marketing year
THE COUNCIL OF THE EUROPEAN                                        marketing year continue to prevail ; whereas it is there­
COMMUNITIES,                                                       fore appropriate to maintain this quality unchanged ;
Having regard to the Treaty establishing the European             Whereas application of these criteria entails fixing the
Economic Community, and in particular Article 43                   market target price and the intervention price at a
thereof,                                                           level lower than that adopted for the preceding
Having regard to Council Regulation No 136/66/ EEC                 marketing year,
of 22 September 1966 on the establishment of a
common organization of the market in oils and                      HAS ADOPTED THIS REGULATION :
fats ('), as last amended by Regulation (EEC) No
1 707/73 (2), and in particular the first paragraph of
Article 4 thereof,                                                                         Article 1
Having regard to the proposal from the Commission,                The prices for olive oil for the 1977/78 marketing
                                                                   year shall be :
Having regard to the opinion of the European Parlia­
ment (3),                                                          (a) market target price :
Having regard to the opinion of the Economic and                       141-91 units of account per 100 kilograms ;
Social Committee (4),                                              (b) intervention price :
                                                                       134-62 units of account per 100 kilograms.
Whereas the market target price and the intervention
price must be fixed according to the criteria laid down
in Articles 4, 6 and 7 of Regulation No 136/66/ EEC                                         Article 2
for a specific standard quality ;
                                                                   The prices referred to in Article 1 relate to virgin
Whereas the reasons which have led to the determina­               semi-fine olive oil with a free fatty acid content,
tion of the standard quality for the preceding                     expressed as oleic acid, of three grams per 100 grams.
              This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 17 May 1977.
                                                                               For the Council
                                                                                 The President
                                                                                   J. SILKIN
(') OJ   No 172, 30. 9 . 1966, p. 3025/66.
(2) OJ   No L 175, 29. 6. 1973, p. 5.
(3) OJ   No C 93, 18 . 4. 1977, p. 11 .
(4) OJ   No C 77, 30 . 3. 1977, p. 15.