CELEX: 31977R1862
Language: en
Date: 1977-08-12 00:00:00
Title: Commission Regulation (EEC) No 1862/77 of 12 August 1977 on the putting up for sale of olive oil held by the Italian intervention agency

13 . 8 . 77                              Official Journal of the European Communities                      No L 207/37
                                    COMMISSION REGULATION (EEC) No 1862/77
                                                        of 12 August 1977
                  on the putting up for sale of olive oil held by the Italian intervention agency
 THE COMMISSION OF THE EUROPEAN                                                             Article 2
 COMMUNITIES,
                                                                    The invitation to tender shall be published on 20
 Having regard to the Treaty establishing the European              August 1977. Particulars of the lots of oil offered for
 Economic Community,
                                                                    sale and the place where they are stored shall be
 Having regard to Council Regulation No 136/ 66/ EEC                displayed at the central office of AIMA, Via Palestro
 of 22 September 1966 on the establishment of a                     81 , Rome, Italy.
 common organization of the market in oils and
 fats ( 1 ), as last amended by Regulation (EEC) No
 1707/73 (2), and in particular Article 11 (5) thereof,                                     Article 3
Whereas, pursuant to Article 11 ( 1 ) of Regulation No              The minimum selling price shall be as laid down in
 136/66/EEC, the Italian intervention agency bought                 the Annex hereto .
 in large quantities of olive oil during the 1975/76
 marketing year ;
                                                                                            Article 4
 Whereas Commission Regulation (EEC) No 1226/77
 of 8 June 1977 laying down rules for the sale of olive
 oil held by the intervention agencies (3), laid down the           Tenders shall reach AIMA, Via Palestro 81 , Rome,
 conditions for the sale by tender on the Community                 Italy, not later than 2 p.m . (Italian time) on 8
 market of olive oil ; whereas the state of the Italian             September 1977.
 market in olive oil is at present favourable for the
 resale of the said oil ; whereas, in view of the state of
 the market, a tender should be organized ;                                                 Article 5
Whereas, in order to avoid the risk of disturbing the               The olive oil shall be sold by AIMA on 9 and 10
 market, the maximum quantity which may be                          September 1977. AIMA shall supply the agencies
awarded to a single participant in the tender should                responsible for storage with a list of the lots
 be limited ;
                                                                    remaining unsold.
Whereas the measures provided for in this Regulation
are in accordance with the opinion of the Manage­
 ment Committee for Oils and Fats,                                                          Article 6
                                                                    The security shall be :
 HAS ADOPTED THIS REGULATION :
                                                                    — Lit 13 000 per 100 kilograms for extra virgin olive
                                                                         oil ,
                            Article 1
                                                                    — Lit 1 1 000 per 100 kilograms for ordinary virgin
The Italian intervention agency Azienda di Stato per                     olive oil ,
gli interventi nel mercato agricolo', hereinafter                   — Lit 10 000 per 100 kilograms for lampante virgin
referred to as 'AIMA', shall put up for sale by tender                   olive oil ,
in accordance with the provisions of this Regulation
and of Regulation (EEC) No 1226/77 :                                — Lit 8 000 per 100 kilograms for olive-residue oil .
— 5 000 tonnes of extra virgin olive oil,
— 2 000 tonnes of ordinary virgin olive oil ,                                               Article 7
— 3 000 tonnes of lampante virgin olive oil ,
— 10 000 tonnes of olive-residue oil ,                              However, where the total quantity in respect of which
                                                                    a tenderer has offered the highest price exceeds :
out of intervention purchases made during the
 1975/76 olive oil marketing year.                                  — 500 tonnes in the case of extra virgin olive oil,
                                                                    — 600 tonnes in the case of ordinary virgin olive oil,
(!) OJ No 172, 30 . 9 . 1966, p. 3025 / 66 .
(2 ) OJ No L 175 , 29 . 6 . 1973 , p. 5 .                           — 1 000 tonnes in the case of lampante virgin olive
(J ) OJ No L 141 , 9 . 6 . 1977, p. 20 .                                 oil , or
 ---pagebreak--- No L 207/38                           Official Journal of the European Communities                                     13 . 8 . 77
— 1 500 tonnes in the case of olive-residue oil ,                                              Article 8
the contract shall be awarded to that tenderer only in
respect of the lot or lots the total contents of which               The storage charge shall be Lit 1 000 per 100 kilo­
do not exceed the said limit.                                        grams .
Contracts for the quantities in excess of that limit
shall be awarded to the other tenderers, in descending                                         Article 9
order of tender price and subject to the said limit.
When determining the lot or lots to be excluded from
a particular award under the preceding paragraph, the                This Regulation shall enter into force on the day of its
Italian intervention agency shall choose the lot or lots             publication in the Official Journal of the European
for which the tenderer has offered the lowest price.                 Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 12 August 1977.
                                                                               For the Commission
                                                                                Finn GUNDELACH
                                                                                   Vice-President
                                                             ANNEX
                       Minimum selling price for olive oil held by the Italian intervention agency
              1 . Extra virgin olive oil, 1° : Lit 157 000 per 100 kilograms.
              2. Ordinary virgin olive oil : Lit 141 000 per 100 kilograms.
              3 . Lampante virgin olive oil , 5° : Lit 132 000 per 100 kilograms .
              4. 15° olive-residue oil : Lit 86 500 per 100 kilograms.
              In the case of lampante virgin olive oil and olive-residue oil with a different degree of acidity, there
              shall be added or deducted as the case may be Lit 1 000 per 100 kilograms for each degree of acidity
              or fraction thereof less or more than 5° and 15° .