CELEX: 31998R1247
Language: en
Date: 1998-06-16
Title: Commission Regulation (EC) No 1247/98 of 16 June 1998 on the sale of olive oil residues held by the Greek intervention agency

17. 6. 98              EN               Official Journal of the European Communities                                    L 171/27
                                      COMMISSION REGULATION (EC) No 1247/98
                                                       of 16 June 1998
                       on the sale of olive oil residues held by the Greek intervention agency
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        Whereas about 30 tonnes of the product in question
                                                                   could not be sold as part of the sale provided for by
Having regard to the Treaty establishing the European              Commission Regulation (EC) No 746/98 (7) because not
Community,                                                         enough offers were received; whereas those 30 tonnes of
Having regard to Council Regulation No 136/66/EEC of               residues should therefore be put on sale again;
22 September 1966 on the establishment of a common                 Whereas the measures provided for in this Regulation are
organisation of the market in oils and fats (1), as last           in accordance with the opinion of the Management
amended by Regulation (EC) No 1581/96 (2), and in                  Committee for Oils and Fats,
particular Article 12(2) thereof,
Whereas Article 2 of Council Regulation (EEC) No 2754/
78 (3), as amended by Regulation (EEC) No 2203/90 (4),             HAS ADOPTED THIS REGULATION:
provides that olive oil held by the intervention agencies is
to be put up for sale by invitation to tender except where                                    Article 1
particular conditions call for other procedures;
                                                                   1. The Greek intervention agency Geniki Diefthinsi
Whereas Article 1(1) of Commission Regulation (EEC)                Diachiriseos Agoron Georgikon Proïonton, hereinafter
No 2960/77 (5), as last amended by Regulation (EEC) No             referred to as ‘Gedidagep', shall sell at the best price it can
3818/85 (6), provides that intervention agencies may not           obtain approximately 30 tonnes of the vat bottom resi-
sell the olive oil which they hold until a regulation to that      dues it holds from olive oil bought in.
effect has been adopted in accordance with the procedure
provided for in Article 38 of Regulation No 136/66/EEC;            2. The notice of sale shall be displayed by Gedidagep at
                                                                   its head office at 241 Acharnon Street, 11253 Athens,
Whereas, following sales of olive oil by invitation to             Greece, at least 10 days before the date set for the sale.
tender organised by the Greek intervention agency, the
latter still holds a stock of vat bottom residues; whereas         3. The product referred to in paragraph 1 must be sold
those residues contain oil in varying percentages; whereas         before 15 July 1998. The product sold must be delivered
sound management of the olive oil bought in by the                 before 30 September 1998.
intervention agency demands that those residues should
be put up for sale;                                                4. Gedidagep shall inform the Commission as soon as
                                                                   possible of the outcome of the sale.
Whereas, for commercial reasons based chiefly on the fact
that there is no well-defined market or price system for                                      Article 2
the product in question, the system of sale by invitation
to tender previously applied for olive oil is ruled out;           This Regulation shall enter into force on the third day
whereas the Greek intervention agency should therefore             following its publication in the Official Journal of the
sell the product at the best price it can obtain;                  European Communities.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 16 June 1998.
                                                                              For the Commission
                                                                                 Franz FISCHLER
                                                                          Member of the Commission
(1) OJ  172, 30. 9. 1966, p. 3025/66.
(2) OJ  L 206, 16.  8. 1996, p. 11.
(3) OJ  L 331, 28.  11. 1978, p. 13.
(4) OJ  L 201, 31.  7. 1990, p. 5.
(5) OJ  L 348, 30.  12. 1977, p. 46.
(6) OJ  L 368, 31.  12. 1985, p. 20.                               (7) OJ L 103, 3. 4. 1998, p. 16.