CELEX: 31966R0165
Language: en
Date: 1966-10-27 00:00:00
Title: Regulation No 165/66/EEC of the Council of 27 October 1966 on price measures to be applied to olive oil for the 1966/67 marketing year

Official Journal of the European Communities                                      253
29.10 . 66.                    OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES                                         33 99/66
                                 REGULATION No 165/66/EEC OF THE COUNCIL
                                                    of 27 October 1966
                       on price measures to be applied to olive oil for the 1966/67 marketing year
THE COUNCIL OF THE EUROPEAN ECONOMIC                             same as in the past; whereas, however, allowance
COMMUNITY,                                                       should be made for the fact that the increase in
                                                                 incomes and the general fall in oil prices in Italy,
                                                                 which consumes approximately 95% of Community
Having regard to the Treaty establishing the                     olive oil, means that consumption of liquid oils and
European Economic Community;                                     fats is likely to increase in that State; whereas, finally,
                                                                 the increase in olive oil prices throughout the
Having       regard    to    Council    Regulation      No       marketing year by reason of the monthly increases
136/66/EEC1 on the establishment of a common                     must also be taken into account;
organisation of the market in oils and fats, and in
particular Articles 4, 13 (2) and 36 thereof;                    Whereas the difference between the market target
                                                                 price and the intervention price must be such as to
Having regard to the proposal from the Commission;               allow market prices to adjust to normal fluctuations
                                                                 due to the trend of economic activity without
                                                                 jeopardising the stability of consumer prices ;
Whereas Article 4 of Regulation No 136/66/EEC                    whereas, moreover, certain transport costs should be
                                                                 taken into account so that oil from the main
requires the Council to decide on the price measures
applicable to olive oil for the 1966/67 marketing                production areas of the Community can meet
year ;                                                           competition from imported olive oil in the main
                                                                 deficit areas ;
Whereas the production target price must be fixed at
a level which is fair to producers, account being                Whereas, with a view to ensuring a balanced import
taken of the need to keep Community production at                system during the first marketing year, the threshold
the required level ; whereas this objective can be               price should be fixed at a slightly higher level than
attained by fixing this price at a level determined on           that which would result from the application of
the basis of the income obtained by producers before             Article 8 of Regulation No 136/66/EEC;
the common organisation of the market in oils and
fats began to apply, and of the need to maintain a               Whereas most imports of olive oil enter the
balanced relationship between prices for the main
                                                                 Community through the Mediterranean ports on the
agricultural products;
                                                                 coast of northern         Italy ;  whereas   Imperia is
                                                                 particularly representative of these ports since a large
Whereas the market target price must be fixed at a               industry using imported olive oil is situated there;
level which would allow production to be disposed                whereas this port should therefore be chosen as the
of in the normal way; whereas it therefore appears               Community frontier crossing point;
desirable, in respect of the 1966/67 marketing year at
least, to fix this price at a level which will ensure that
consumption is kept at its present level ; whereas,              HAS ADOPTED THIS REGULATION :
consequently, the market target price must be so
fixed that the competitive relationship between olive
oil and oil obtained from seeds remains much the                                          Article 1
                                                                 The prices for olive oil referred to in Article 4 of
                                                                 Regulation No 136/66/EEC shall be as follows for
1 OJ No 172, 30.9.1966, p. 3025/66.                              the 1966/67 marketing year :
 ---pagebreak--- 254                                Official Journal of the European Communities
    production target price : 115 u. a. per 100 kilo­         acid content expressed as oleic acid of 3 grammes per
                                   grammes ;                  100 grammes^
— market target price :         80 u. a. per iOO kilo­
                                   grammes ;                                        . Article 3
— intervention price :          73 u. a. per 100 kilo­
                                   grammes ;                  The Community frontier crossing point referred to in
                                                              Article 13 (2) of Regulation No 136/66/EEC shall be
-— threshold price :          79-8 u. a. per 100 kilo­        Imperia .
                                   grammes .         ,
                                                                                      Article 4
                       Article 2
                                                              This Regulation shall enter into force on the third
The pxices referred to in Article 1 of this Regulation        day following its "publication in the Official Journal
relate to semi-fine virgin olive oil with a . free fatty      of the European Communities.
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .         '
            Done at Brussels,°27 October 1966.
                                                                                   For the Council
                                                                                    The President
                                                                                    L. DE BLOCK