CELEX: 31978R2696
Language: en
Date: 1978-11-18 00:00:00
Title: Commission Regulation (EEC) No 2696/78 of 17 November 1978 on the putting up for sale of olive oil held by the Italian intervention agency

No L 324/ 14                       Official Journal of the European Communities                              18 . 11 . 78
                                COMMISSION REGULATION (EEC) No 2696/78
                                                of 17 November 1978
                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 18
 Having regard to the Treaty establishing the European        November 1978 .
 Economic Community,
                                                              Particulars of the lots of oil offered for sale and of the
 Having regard to Council Regulation No 136/66/EEC
 of 22 September 1966 on the establishment of a               places where they are stored shall be displayed at the
 common organization of the market in oils and                central office of AIMA, Via Palestro 81 , Rome, Italy.
 fats (1), as last amended by Regulation (EEC) No
 2560/77 (2), and in particular Article 1 1 (5) thereof,
                                                                                      Article 3
 Whereas, pursuant to Article 11 (1 ) of Regulation No
 136/66/EEC, the Italian intervention agency has, since
 the 1 975/76 marketing year, bought in large quanti­         The minimum selling price shall be as laid down in
                                                              the Annex hereto.
 ties of olive oil ;
 Whereas Commission Regulation (EEC) No 2960/77
 of 23 December 1977 laying down rules for the sale of                                Article 4
 olive oil held by the intervention agencies (3) laid
 down the conditions for the sale by tender on the
 Community market and for export of olive oil ;               Tenders shall reach AIMA, Via Palestro 81 , Rome,
 whereas the state of the Italian market in olive oil is at   Italy, not later than 2 p.m. (local time) on 1 December
                                                              1978 .
 present favourable for the resale of the said oil ;
 whereas, in view of the characteristics of the market,
 the sale should be concluded by tender ;
                                                                                      Article 5
 Whereas the measures provided for in this Regulation
 are in accordance with the opinion of the Manage­
 ment Committee for Oils and Fats,                            The oil shall be sold by AIMA on 4 December 1978.
                                                              AIMA shall supply the agencies responsible for
                                                              storage with a list of the lots remaining unsold.
 HAS ADOPTED THIS REGULATION :
                        Article 1                                                     Article 6
The Italian intervention agency 'Azienda di Stato per         The security shall be 8-00 units of account per 100
gli interventi nel mercato agricolo', hereinafter             kilograms.
 referred to as 'AIMA', shall put up for sale by tender
 in accordance with the provisions of this Regulation
and of Regulation (EEC) No 2960/77 :
                                                                                      Article 7
— approximately 1 450 tonnes of fine virgin olive oil,
— approximately 1 500 tonnes of lampante virgin               The storage charge shall be Lit 1 000 per 100 kilo­
     olive oil,                                               grams.
— approximately 2 100 tonnes of olive-residue oil,
out of intervention purchases made during the                                         Article 8
 1975/76 olive oil marketing year.
(») OJ No 172, 30. 9. 1966, p. 3025/66.                       This Regulation shall enter into force on the day of its
(2) OJ No L 185, 7. 7. 1978, p. 1 .                           publication in the Official Journal of the European
(*) OJ No L 348, 30. 12. 1977, p. 46.                         Communities.
 ---pagebreak--- 18 . 11 . 78                          Official Journal of the European Communities                                  No L 324/ 15
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 17 November 1978 .
                                                                              For the Commission
                                                                               Finn GUNDELACH
                                                                                  Vice-President
                                                           ANNEX
                      Minimum selling price for olive oil held by the Italian intervention agency
             1 . Fine virgin olive oil :                                             Lit 1 79 900 per 100 kilograms.
             2. Lampante virgin olive oil, 3° :                                      Lit 160 200 per 100 kilograms.
             3 . 15° olive-residue oil :                                              Lit 92 200 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 than 3° or more than 15°.