Commission Regulation (EEC) No 3635/86 of 28 November 1986 amending Regulation (EEC) No 3472/85 on the buying in and storage of olive oil by intervention agencies

COMMISSION  REGULATION (EEC) No 3635/86
of 28 November 1986
amending Regulation (EEC) No 3472/85 on the buying in and storage of olive oil by intervention agencies
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation No 136/66/EEC of 22 September 1966 on the establishment of a common organization of the market in oils and fats (1), as last amended by Regulation (EEC) No 1454/86 (2), and in particular Article 12 (4) thereof,
Whereas Commission Regulation (EEC) No 3472/85 (3) specifies the olive oils which may be offered for intervention; whereas experience has shown that one cannot ensure that producers will be those benefiting directly from the buying in of olive-residue oils; whereas the buying in of olive-residue oil is therefore inconsistent with the objectives pursued in Article 12 (1) of Regulation No 136/66/EEC, such as the stability of the market and the safeguarding of producers' incomes; whereas, therefore, intervention should be restricted temporarily to virgin olive oil;
Whereas Council Regulation (EEC) No 1459/86 (4) which, in particular, fixes for 1986/87, the intervention prices for olive oil in Spain and Portugal, results in an intervention price in Spain different from the Community price; whereas, in these circumstances, the application in Spain of the price reduction for olive-residue oil, as provided for in Regulation (EEC) No 3472/85, would create market disturbance; whereas provision should therefore be made for a special price reduction, as a transitional measure for that Member State;
Whereas the Management Committee for Oils and Fats has not delivered an opinion within the time limit laid down by its Chairman;