CELEX: 31977R1067
Language: en
Date: 1977-05-17 00:00:00
Title: Council Regulation (EEC) No 1067/77 of 17 May 1977 fixing the production target price for olive oil for the 1977/78 marketing year

25 . 5 . 77                                Official Journal of the European Communities                          No L 129 /3
                                         COUNCIL REGULATION (EEC) No 1067/77
                                                            of 17 May 1977
                fixing the production target price for olive oil for the 1977/78 marketing year
 THE COUNCIL OF THE EUROPEAN                                          Whereas the target price referred to above must be
 COMMUNITIES,                                                         fixed in accordance with the criteria laid down in Arti­
                                                                      cles 4 and 5 of Regulation No 136/66/ EEC for a deter­
 Having regard to the Treaty establishing the European                mined standard quality ;
 Economic Community, and in particular Article 43
 thereof,                                                             Whereas the reasons which led to the determination
 Having regard to Council Regulation No 136/66/ EEC                   of the standard quality for the preceding marketing
 of 22 September 1966 on the common organization of                   year are still valid ; whereas that standard quality
 the market in oils and fats ('), as last amended by                  should therefore remain unchanged ;
 Regulation ( EEC) No 1 707/73 (2), and in particular the             Whereas application of these criteria entails fixing the
 first paragraph of Article 4 thereof,                                production target price at a higher level than that
 Having regard to the proposal from the Commission ,                  adopted for the preceding marketing year,
 Having regard to the opinion of the European Parlia­
 ment (3),                                                            HAS ADOPTED THIS REGULATION :
 Having regard to the opinion of the Economic and
 Social Committee (4),                                                                         Article 1
 Whereas, when the production target price for olive
 oil is fixed, account should be taken of the objectives               For the 1977/78 marketing year, the production target
 of the common agricultural policy and of the contribu­               price for olive oil shall be 187-78 units of account per
 tion which the Community desires to make to the                       100 kilograms .
 harmonious development of world trade ; whereas the
 objectives of the common agricultural policy are, in                                          Article 2
 particular, to ensure a fair standard of living for the
 agricultural Community, to ensure that supplies are                  The price referred to in Article 1 relates to semi-fine
 available and that they reach consumers at reasonable                virgin olive oil with a free fattv acid content,
 prices ;                                                             expressed as oleic acid, of three grams per 100 grams.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
                Done at Brussels, 17 May 1977.
                                                                                  For the Council
                                                                                    The President
                                                                                      J. SILKIN
(')  OJ   No 172, 30 . 9 . 1966 , p . 3025/ 66 .
(-)  OJ   No L 175 , 29 . 6 . 1973 , p. 5 .
(3 ) OJ   No C 93 , 18 . 4 . 1977, p. 11 .
(■>) OJ   No C 77, 30 . 3 . 1977, p. 15 .