CELEX: 31976R0813
Language: en
Date: 1976-04-06 00:00:00
Title: Council Regulation (EEC) No 813/76 of 6 April 1976 fixing the monthly increases in the market target price, the intervention price and the threshold price for olive oil for the 1976/77 marketing year

9 . 4. 76                               Official Journal of the European Communities                            No L 94/3
                                      COUNCIL REGULATION (EEC) No 813/76
                                                        of 6 April 1976
               fixing the monthly increases in the market target price, the intervention price
                        and the threshold price for olive oil for the 1976/77 marketing year
THE COUNCIL OF THE EUROPEAN                                       whereas the storage costs should be calculated on the
COMMUNITIES,                                                      basis of the cost of storing the oil in suitable premises
                                                                  and the cost of the handling required in order to main­
Having regard to the Treaty establishing the European             tain the oil in good condition ; whereas the interest
Economic Community,
                                                                  charges may be calculated by reference to an average
Having regard to Council Regulation No 136/66/EEC                 price for olive oil valid in the producer areas,
of 22 September 1966 on the establishment of a
common organization of the market in oils and                      HAS ADOPTED THIS REGULATION :
fats (l), as last amended by Regulation (EEC) No
1 707/73 (2), and in particular Article 9 thereof,                                        Article 1
Having regard to the proposal from the Commission,                 For the 1976/77 marketing year, the amount of the
Whereas under Article 9 of Regulation No 136/                      monthly increases referred to in Article 9 of Regula­
66/EEC the market target price, the intervention price            tion No 136/66/EEC and applicable as from 1
and the threshold price for olive oil must be increased           January 1977 shall be 11 2 units of account per 100
each month for a period of 10 months beginning on 1                kg­
January 1 977 ; whereas these increases must be the
same for all three prices ;                                                               Article 2
Whereas these increases, the same for each of the 10              This Regulation shall enter into force on the third day
months, must be fixed account being taken of average               following its publication in the Official Journal of
storage costs and interest charges in the Community ;              the European Communities.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Luxembourg, 6 April 1976.
                                                                              For the Council
                                                                                The President
                                                                                J. HAMILIUS
(!) OJ No 172, 30 . 9 . 1966, p. 3025/66.
(2) OJ No L 175, 29 . 6 . 1973 , p . 5.