CELEX: 31975R1422
Language: en
Date: 1975-05-26 00:00:00
Title: Regulation (EEC) No 1422/75 of the Council of 26 May 1975 fixing the market target price for olive oil for the 1975/76 marketing year

No L 141 /4                            Official Journal of the European Communities                             3 . 6. 75
                               REGULATION (EEC) No 1422/75 OF THE COUNCIL
                                                       of 26 May 1975
              fixing the market target price and the intervention price for olive oil for the
                                                   1975 /76 marketing year
THE COUNCIL OF THE EUROPEAN                                      Whereas the application of these criteria entails fixing
COMMUNITIES,                                                     the market target price and the intervention price at a
                                                                 level higher than that adopted for the preceding
Having regard to the Treaty establishing the European            marketing year,
Economic Community, and in particular Article 43
thereof ;
Having regard to Council Regulation No 136/                      HAS ADOPTED THIS REGULATION :
66/ EEC (') of 22 September 1966 on the establish­
ment of a common organization of the market in oils                                       Article 1
and fats, as last amended by Regulation (EEC) No
1707/73 (2), and in particular the first paragraph of
Article 4 thereof ;
                                                                 The prices for olive oil for the 1975/76 marketing
                                                                 year shall be :
Having regard to the proposal from the Commission ;              (a) market target price :
Having regard to the Opinion of the European Parlia­                 149-96 units of account per 100 kg ;
ment (3 ) ;
Whereas the market target price and the intervention             (b) intervention price :
price must be fixed according to the criteria laid down              142-71 units of account per 100 kg.
in Articles 4, 6 and 7 of Regulation No 136/66/EEC
for a specific standard quality ;
                                                                                          Article 2
Whereas the reasons which have led to the determina­
tion of the standard quality for the preceding                   The prices referred to in Article 1 relate to virgin
marketing year continue to prevail ; whereas it is there­        semi-fine olive oil with a free fatty acid content,
fore appropriate to maintain this quality unchanged ;            expressed as oleic acid, of 3 g per 100 g.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Luxembourg, 26 May 1975 .
                                                                             For the Council
                                                                              The President
                                                                             M. A. CLINTON
(') OJ No 172, 30 . 9 . 1966, p . 3025/66 .
(2) OJ No L 175, 29 . 6 . 1973, p. 5.
(3 ) OJ No C 111 , 20 . 5 . 1975, p. 27.