CELEX: 31998R0747
Language: en
Date: 1998-04-02 00:00:00
Title: Commission Regulation (EC) No 747/98 of 2 April 1998 on the sale of olive oil residues held by the Italian intervention agency

3. 4. 98            ¬ EN ¬             Official Journal of the European Communities                                L 103/17
                                      COMMISSION REGULATION (EC) No 747/98
                                                       of 2 April 1998
                      on the sale of olive oil residues held by the Italian intervention agency
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      the product in question, it is not advisable to use the sale
                                                                 by tender procedure previously applied for the olive oil;
Having regard to the Treaty establishing the European            whereas the Italian intervention agency should therefore
Community,                                                       sell the product for the best price it can obtain;
                                                                 Whereas the measures provided for in this Regulation are
Having regard to Council Regulation No 136/66/EEC of             in accordance with the opinion of the Management
22 September 1966 on the establishment of a common               Committee for Oils and Fats,
organisation of the market in oils and fats (1), as last
amended by Regulation (EC) No 1581/96 (2), and in par-
ticular Article 12(2) thereof,
                                                                 HAS ADOPTED THIS REGULATION:
Whereas Article 2 of Council Regulation (EEC) No
2754/78 (3), as last amended by Regulation (EEC) No                                       Article 1
2203/90 (4), provides that olive oil held by the interven-
tion agencies shall be put up for sale by invitation to          1. The Italian intervention agency Azienda di Stato per
tender except where particular conditions necessitate            gli interventi nel mercato agricolo, hereinafter referred to
recourse to other procedures;                                    as ‘AIMA’, shall sell on the Community market approx-
                                                                 imately 720 tonnes of the vat bottom residues it holds
Whereas Article 1(1) of Commission Regulation (EEC) No           from olive oil bought in.
2960/77 (5), as last amended by Regulation (EEC) No
                                                                 2. The notice of sale shall be displayed by AIMA at its
3818/85 (6), provides that intervention agencies may not
                                                                 head office at Via Palestro 81, 00185 Rome, Italy, at least
sell the olive oil which they hold until a regulation to that
                                                                 10 days before the date set for the sale.
effect has been adopted in accordance with the procedure
provided for in Article 38 of Regulation No 136/66/EEC;          3. Sale of the product referred to in paragraph 1 shall
                                                                 be effected before 30 April 1998. Delivery of the product
Whereas, following sales by tender of olive oil by the           sold must take place before 30 June 1998.
Italian intervention agency, the intervention agency still
holds in stock a quantity of vat bottom residues; whereas        4. AIMA shall inform the Commission as soon as
these residues contain a considerable percentage of oil;         possible of the outcome of the sale.
whereas correct management of the olive oil bought in by
the intervention agency requires that these residues
                                                                                          Article 2
should therefore be put up for sale;
                                                                 This Regulation shall enter into force on the third day
Whereas, for commercial reasons based chiefly on the fact        following its publication in the Official Journal of the
that there is no well-defined market or price system for         European Communities.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 2 April 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.