CELEX: 
Language: en
Date: 1987-10-14 00:00:00
Title: Commission Decision of 28 September 1987 on the sale of olive oil residues held by the Portuguese intervention agency

No L 290/28                            Official Journal of the European Communities                               14. 10 . 87
                                                  COMMISSION DECISION
                                                    of 28 September 1987
                   on the sale of olive oil residues held by the Portuguese intervention agency
                                             (Only the Portuguese text is authentic)
                                                          (87/507/EEC)
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        Whereas the measures provided for in this Decision are in
                                                                   accordance with the opinion of the Management
                                                                   Committee for Oils and Fats,
 Having regard to the Treaty establishing the European
 Economic Community,
                                                                   HAS ADOPTED THIS DECISION :
 Having regard to Council Regulation No 136/66/EEC of
 22 September 1966 on the establishment of a common                                          Article 1
 organization of the market in oils and fats ('), as last
 amended by Regulation (EEC) No 1915/87 (2), and in                1 . The Portuguese intervention agency, Instituto Regu­
 particular Article 12 thereof,                                    lador e Orientador de Mercados Agrícolas, hereinafter
                                                                   called IROMA, shall sell for the best price it can obtain,
                                                                   all vat bottom residues which it is holding as a result of
                                                                   its purchases on the olive oil market until the 1986/ 1987
                                                                   marketing year.
Whereas Article 2 of Council Regulation (EEC) No
 2754/78 (3) provides that olive oil held by the intervention      2.     The notice of sale shall be displayed by IROMA at
 agencies shall be put up for sale by tender except when           its head office at 1 , Rua Padre Antonio Vieira, Lisbon,
 particular conditions necessitate recourse to other proce­        Portugal, for at least 10 days before the date set for the
dures ;                                                            sale .
                                                                   3. Sale of the product referred to in paragraph 1 shall
Whereas, during the marketing years from 1985/ 1986 to             be effected before 31 October 1987. Delivery of the
 1986/ 1987, approximately 4 500 tonnes of olive oil of all        product sold must take place before 31 December 1987.
qualities held by the Portuguese intervention agency were
sold by tender ; whereas following these sales the inter­          IROMA shall inform the Commission as soon as possible
vention agency still holds in stock a quantity of vat              of the outcome of the sale .
bottom residues ; whereas these residues contain a consi­
derable percentage of oil ; whereas correct management of                                   Article 2
the intervention agency's purchases of olive oil requires
that these residues should therefore be sold ;                     This Decision is addressed to the Portuguese Republic.
Whereas, for commercial reasons based chiefly on the fact          Done at Brussels, 28 September 1987.
that there is no well-defined market or price system for
the product in question, it is not advisable to use the sale                                   For the Commission
by tender procedure previously adopted for the olive oil ;                                      Frans ANDRIESSEN
whereas the intervention agency should therefore sell the
product for the best price it can obtain ;                                                         Vice-President
(') OJ No 172, 30. 9. 1966, p. 3025/66.
0 OJ No L 183, 3. 7. 1987, p. 7.
(3 OJ No L 331 , 28 . 11 . 1978, p. 13.