CELEX: 51973PC1636
Language: en
Date: 1973-10-01
Title: PROPOSAL FOR A REGULATION (EEC) OF THE COUNCIL fixing the threshold price for olive oil for the 1973/1974 marketing year. (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (73) 1636
Vol. 1973/0281
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                         COM(73)1636 Final
                                                         Brussels , 1 October 1973
                                  PROPOSAL FOR A
                          REGULATION (EEC ) OF THE COUNCIL
                 fixing the threshold price for olive oil for the
                              1973/1974 marketing year .
                   (submitted to the Council by the Commission)
  COM (73 ) 1636 Final
 ---pagebreak---                          EXPLANATORY MEMORANDUM
Under Articles 4 and & of Regulation No 136/66/EEC , the Council is to
fix each year a threshold price for olive oil in such a way that the
selling price for the imported product at the the Community frontier
crossing point referred to in Article 13(2 ) of the said Regulation is
the same as the market target price .
An examination of the costs currently payable "by importers from the
cif stage to the "goods delivered to importer 's port warehouse " stage
has shown that the difference of I . 40 u.a. /lOO kg between the threshold
price and the market target price in force since the 1968/69 agricultural
year should be increased to 2.00 u.a. /lOO kg for the 1973/74 agricultu­
ral year .
Financial consequences
The threshold price referred to in this proposal is 103.00 u.a. /lOO kg,
that is 24 . 8O u.a. /lOO kg above that currently in force . Hovrever , the
increase in question should not entail major financial consequences as
these levies are likely to remain at a very low level in view of the
world market situation .
Now | it should be noted that the olive oil agreements concluded be­
tween the Community and certain countries of the Mediterranean basin
enable these countries to be granted a reduction in the levy which
varies , depending on the country , between 4 and 5 u.a. /lOO kg.
These provisions make it very improbable that olive oil levies will
be collected during the 1973/1974 agricultural year .
 ---pagebreak---                                        PROPOSAL FOR A
                         HflTOLATT&lT (EEC > OF THE COUNCIL '
                         >wiii midi umtm Wll i I I Éf IW I I I' ' ""* "
                                                 oil
fixing the threshold, price for olive /for the 1973/1974 marketing year.
THE COUNCIL OP THE EUROPEAN" C0M!U1HTH3 ,
Having regard to the Treaty establishing the European Economic Community ,
Having regard to Council Regulation ITo 136/66/EEC ^ of 2S September 1966 on
the establishment of a common organisation of the market in oils and fats ,
as last amended by Regulation ( EEC ) Nb 1707/73 ( 2 ),
        . ..               and in particular the second paragraph of Article 4
thereof ;
Hafling regard to the proposal from the Commission;
Whereas the threshold price must be fixed in such a way as to enable the
selling price of the imported product , at the frontier crossing point referred
to in Article 13 (2) of Regulation No I36/66/EBC , to be maintained at the level
of the market target price ; whereas , then the present costs incurred by the
importer from the c»i«f • stage are taken into account , the level of the threshold
price should be maintained at ZjQP. units of account below the level of the
market target price ;
HAS ADOPTED THIS REGULATION ;
(1 ) OJ Ho 172 , 30,9.1 966 , p. 3025/66.
(2) OJ nO LL75 , 29.S.19B , p. 5» .
 ---pagebreak---                                  Article 1 '
 The threshold price for olive oil for the 1973/1974 marketing year shall bo
BjjfOO units of account per 100 kilogrammes#
                                 Article 2
 This Regulation shall enter into force on 1 November 1973 *
 This Regulation shall be binding in its entirety and directly applicable in. all
Member States .
       I
Done at                                                Por the Council
                                                       The President .