CELEX: 31977R2963
Language: en
Date: 1977-12-23 00:00:00
Title: Commission Regulation (EEC) No 2963/77 of 23 December 1977 on the sale for export of olive oil held by the Italian intervention agency

No L 348 / 54                           Official Journal of the European Communities                           30 . 12 . 77
                                   COMMISSION REGULATION ( EEC) No 2963/77
                                                     of 23 December 1977
                  on the sale for export of olive oil held by the Italian intervention agency
THE COMMISSION OF THE EUROPEAN                                     called 'AIMA , shall put up for sale by tender for
COMMUNITIES,                                                       export :
Having regard to the Treaty establishing the European              — 1 000 tonnes of extra virgin olive oil,
Economic Community,                                                — 1 500 tonnes of lampante virgin olive oil,
Having regard to Council Regulation No 136/66/ EEC                 out of the intervention purchases made during the
of 22 September 1966 on the establishment of a                     1975/76 olive oil marketing year, in accordance with
common organization of the market in oils and                      the provisions of this Regulation and of Regulation
fats (j ), as last amended by Regulation (EEC) No                  (EEC) No 2960/77.
1 707/73 (2), and in particular Article 11 (5) thereof,
                                                                   2.     The quantities awarded must be exported :
Whereas, pursuant to Article 11 ( 1 ) of Regulation No
136/66/EEC, the Italian intervention agency bought                 — for extra virgin olive oil , after packaging, in
in large quantities of olive oil during the 1975/76                     immediate    containers   with  a  maximum       net
marketing year ;                                                        content of five kilograms ;
Whereas Commission Regulation (EEC) No 2960/77                     — for lampante virgin olive oil, after refining and
of 23 December 1977 on detailed rules for the sale of                   packaging, in immediate containers with a
olive oil held by intervention agencies (3), laid down                  maximum net content of five kilograms .
the conditions for the sale by tender of olive oil on
the Community market and for export ; whereas the
existence of a traditional market in olive oil is favou­                                   Article 2
rable for the resale thereon of the oil in question ;
whereas the olive oil should therefore be put up for
sale by tender for export ;                                        The invitations to tender shall be made public on 18
                                                                   January 1975 .
Whereas under Regulation (EEC) No 2960/77 the oil
exported does not qualify for the export refund ;                  Particulars of the lots of oil offered for sale and the
whereas the minimum price for awards must therefore                 place where they are stored shall be displayed at the
be fixed on the basis of the world price ;                         central office of AIMA, Via Palestro 81 , Rome, Italy.
Whereas the oil exported under this procedure must
not interfere with traditional exports ; whereas the                                        Article 3
same requirements regarding market preparation
should therefore be laid down for exports of the quan­
tities awarded as for exports of oil in receipt of the             The minimum selling price shall be as set out in the
                                                                    Annex hereto .
 refund ;
Whereas the measures provided for in this Regulation
 are in accordance with the opinion of the Manage­                                          Article 4
 ment Committee for Oils and Fats,
                                                                    Tenders shall reach AIMA, Via Palestro 81 , Rome,
                                                                    Italy, not later than 2 p.m . (Italian time) on 23
 HAS ADOPTED THIS REGULATION :
                                                                    January 1978 .
                            Article 1                                                       Article 5
 1 . The Italian intervention agency, Azienda di Stato              The olive oil shall be sold by AIMA on 24 January
 per gli interventi nel mercato agricolo, hereinafter               1978 .
 (M OJ No 172, 30 . 9 . 1966, p . 3025/ 66 .
 (2 ) OJ No L 175, 29 . 6 . 1973 , p. 5 .                           AIMA shall forward to the storage agencies the list of
 (3 ) See page 46 of this Official Journal .                        lots not awarded .
 ---pagebreak--- 30 . 12. 77                          Official Journal of the European Communities                               No L 348 / 55
                         Article 6                                                           Article 7
The security for tender provided for in Article 8 of                The storage allowance shall be Lit 1 000 per 100 kilo­
Regulation (EEC) No 2960/77 shall be eight units of                 grams.
account per 100 kilograms of olive oil.                                                      Article 8
The security provided for in Article 12 (3) of Regula­              This Regulation shall enter into force on the day
tion (EEC) No 2960/77 shall be 60 units of account                  following its publication in the Official Journal of
per 100 kilograms of olive oil.                                     the European Communities.
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 23 December 1977.
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
                                                            ANNEX
                     Minimum selling price of olive oil held by the Italian intervention agency
             1 . 1° extra virgin olive oil : Lit 102 000 per 100 kilograms,
             2. 5° lampante virgin olive oil : Lit 78 200 per 100 kilograms.
             In the case of lampante virgin olive 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 below or above 5° .